
NEW YORK, July 10, 2023 /PRNewswire/ -- The fractional flow reserve devices market is set to grow by USD 718.07 million from 2022 to 2027 progressing at a CAGR of 15.56% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The increasing prevalence of CVDs is a key factor driving market growth. Globally, the prevalence of CVDs (cardiovascular diseases), such as stable angina, unstable angina, and sudden cardiac deaths, is rising. Globally, 17.9 million people die because of CVDs every year. High blood pressure, smoking, diabetes, and obesity are risk factors for CADs that are on the rise. The primary diagnosis of roughly one million hospitalized patients in the US each year is unstable angina. Between 2020 and 2050, the number of persons 80 or older is projected to triple, reaching 426 million. -Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and a forecast period (2023-2027). Download Sample Report in minutes!
The fractional flow reserve devices market report provides a holistic update, market size and forecast, trends, growth drivers, challenges, and vendor analysis.
The fractional flow reserve devices market covers the following areas:
- Fractional Flow Reserve Devices Market Sizing
- Fractional Flow Reserve Devices Market Forecast
- Fractional Flow Reserve Devices Market Analysis
Fractional Flow Reserve Devices Market 2023-2027 - Market Dynamics
Major Trends
The increasing focus on non-invasive FFR is a major trend shaping the market. These cutting-edge technologies significantly outperform conventionally invasive FFR methods, and they may be used to diagnose lesion-specific ischemia and aid in clinical decision-making. Furthermore, the rise in interest in FD-OCT non-invasive calculating research and development is driving the market. For instance, St. Jude Medical, which Abbott just bought, sells its OPTIS Mobile System throughout Europe and Japan. Therefore, during the forecast period, the market for FFR devices will rise as non-invasive FFR receives more attention.
Significant Challenges
The low adoption of the FFR technique is a major challenge restricting market growth. FFR is used in fewer than 6% of cardiac catheterization laboratories in numerous countries, including Mexico, Canada, Brazil, China, and India. Even in developed nations such as the United States, many physicians continue to depend only on angiography, despite evidence that it is less beneficial in numerous patient groups. Furthermore, the high cost of adenosine, as well as its adverse effects, limit the broad use of FFR operations. A supply of 20 milliliters of intravenous adenosine solution (3 mg/mL) costs around USD 60. Hence, these factors are expected to restrict market growth during the forecast period.
Fractional Flow Reserve Devices Market 2023-2027: Market Segmentation
The fractional flow reserve devices market is segmented by product (FFR guidewires and FFR monitoring systems), application (single-vessel diseases and multi-vessel diseases), and geography (North America, Europe, Asia, and Rest of World (ROW)).
- The market share growth by the FFR guidewires segment will be significant during the forecast period. To measure the pressure distal to a stenosis, FFR measurement requires threading a 0.014-inch wire with a pressure sensor (pressure wire). All pressure wires on the market offered by vendors can also be used as guidewires. Pressure wire technology, microcatheter technology, and optical fiber technology are the three main categories of guidewire technologies on the market. For example, Abbott's PressureWire X guidewire is the main tension guidewire for FFR estimation that can communicate estimations remotely to an FFR framework.
This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report
What's New? -
- Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
- Global competitiveness and key competitor positions
- Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!
Companies Mentioned
- Abbott Laboratories
- Asahi Intecc Co. Ltd.
- B. Braun SE
- BIOTRONIK SE and Co KG
- Bluesail Medical Co. Ltd.
- Boston Scientific Corp.
- Bracco Spa
- CathWorks Inc.
- Esaote Spa
- General Electric Co.
- HeartFlow Inc.
- Koninklijke Philips NV
- Medis Medical Imaging Systems BV
- Medtronic Plc
- Mennen Medical Group
- Opsens Inc.
- Siemens AG
Vendor Offering
- Abbott Laboratories - The company offers fractional flow reserve devices such as pressure wires x guide wires.
- Asahi Intecc Co. Ltd. - The company offers fractional flow reserve devices such as FFR wires and Rotawire atherectomy guidewire.
- B. Braun SE - The company offers fractional flow reserve devices such as sequent please and des in de novo lesions.
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Fractional Flow Reserve Devices Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.56% |
Market growth 2023-2027 |
USD 718.07 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
15.2 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 46% |
Key countries |
US, Canada, Germany, UK, and Japan |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Abbott Laboratories, Asahi Intecc Co. Ltd., B. Braun SE, BIOTRONIK SE and Co KG, Bluesail Medical Co. Ltd., Boston Scientific Corp., Bracco Spa, CathWorks Inc., Esaote Spa, General Electric Co., HeartFlow Inc., Koninklijke Philips NV, Medis Medical Imaging Systems BV, Medtronic Plc, Mennen Medical Group, Opsens Inc., and Siemens AG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global fractional flow reserve devices market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global fractional flow reserve devices market 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.3 Application Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 FFR guidewires - Market size and forecast 2022-2027
- Exhibit 34: Chart on FFR guidewires - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on FFR guidewires - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on FFR guidewires - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on FFR guidewires - Year-over-year growth 2022-2027 (%)
- 6.4 FFR monitoring systems - Market size and forecast 2022-2027
- Exhibit 38: Chart on FFR monitoring systems - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on FFR monitoring systems - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on FFR monitoring systems - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on FFR monitoring systems - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Product
- Exhibit 42: Market opportunity by Product ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 43: Chart on Application - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
- 7.2 Comparison by Application
- Exhibit 45: Chart on Comparison by Application
- Exhibit 46: Data Table on Comparison by Application
- 7.3 Single-vessel diseases - Market size and forecast 2022-2027
- Exhibit 47: Chart on Single-vessel diseases - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Single-vessel diseases - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Single-vessel diseases - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Single-vessel diseases - Year-over-year growth 2022-2027 (%)
- 7.4 Multi-vessel diseases - Market size and forecast 2022-2027
- Exhibit 51: Chart on Multi-vessel diseases - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Multi-vessel diseases - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Multi-vessel diseases - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Multi-vessel diseases - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Application
- Exhibit 55: Market opportunity by Application ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 57: Chart on Market share by geography 2022-2027 (%)
- Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 59: Chart on Geographic comparison
- Exhibit 60: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 Asia - Market size and forecast 2022-2027
- Exhibit 69: Chart on Asia - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on Asia - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Asia - Year-over-year growth 2022-2027 (%)
- 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
- Exhibit 73: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
- 9.7 US - Market size and forecast 2022-2027
- Exhibit 77: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.8 Germany - Market size and forecast 2022-2027
- Exhibit 81: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.9 UK - Market size and forecast 2022-2027
- Exhibit 85: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.10 Japan - Market size and forecast 2022-2027
- Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.11 Canada - Market size and forecast 2022-2027
- Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.12 Market opportunity by geography
- Exhibit 97: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 98: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 99: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 100: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 101: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 102: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 103: Matrix on vendor position and classification
- 12.3 Abbott Laboratories
- Exhibit 104: Abbott Laboratories - Overview
- Exhibit 105: Abbott Laboratories - Business segments
- Exhibit 106: Abbott Laboratories - Key news
- Exhibit 107: Abbott Laboratories - Key offerings
- Exhibit 108: Abbott Laboratories - Segment focus
- 12.4 Asahi Intecc Co. Ltd.
- Exhibit 109: Asahi Intecc Co. Ltd. - Overview
- Exhibit 110: Asahi Intecc Co. Ltd. - Business segments
- Exhibit 111: Asahi Intecc Co. Ltd. - Key news
- Exhibit 112: Asahi Intecc Co. Ltd. - Key offerings
- Exhibit 113: Asahi Intecc Co. Ltd. - Segment focus
- 12.5 B. Braun SE
- Exhibit 114: B. Braun SE - Overview
- Exhibit 115: B. Braun SE - Business segments
- Exhibit 116: B. Braun SE - Key news
- Exhibit 117: B. Braun SE - Key offerings
- Exhibit 118: B. Braun SE - Segment focus
- 12.6 BIOTRONIK SE and Co KG
- Exhibit 119: BIOTRONIK SE and Co KG - Overview
- Exhibit 120: BIOTRONIK SE and Co KG - Product / Service
- Exhibit 121: BIOTRONIK SE and Co KG - Key offerings
- 12.7 Bluesail Medical Co. Ltd.
- Exhibit 122: Bluesail Medical Co. Ltd. - Overview
- Exhibit 123: Bluesail Medical Co. Ltd. - Product / Service
- Exhibit 124: Bluesail Medical Co. Ltd. - Key offerings
- 12.8 Boston Scientific Corp.
- Exhibit 125: Boston Scientific Corp. - Overview
- Exhibit 126: Boston Scientific Corp. - Business segments
- Exhibit 127: Boston Scientific Corp. - Key news
- Exhibit 128: Boston Scientific Corp. - Key offerings
- Exhibit 129: Boston Scientific Corp. - Segment focus
- 12.9 Bracco Spa
- Exhibit 130: Bracco Spa - Overview
- Exhibit 131: Bracco Spa - Product / Service
- Exhibit 132: Bracco Spa - Key offerings
- 12.10 CathWorks Inc.
- Exhibit 133: CathWorks Inc. - Overview
- Exhibit 134: CathWorks Inc. - Product / Service
- Exhibit 135: CathWorks Inc. - Key offerings
- 12.11 Esaote Spa
- Exhibit 136: Esaote Spa - Overview
- Exhibit 137: Esaote Spa - Product / Service
- Exhibit 138: Esaote Spa - Key offerings
- 12.12 General Electric Co.
- Exhibit 139: General Electric Co. - Overview
- Exhibit 140: General Electric Co. - Business segments
- Exhibit 141: General Electric Co. - Key news
- Exhibit 142: General Electric Co. - Key offerings
- Exhibit 143: General Electric Co. - Segment focus
- 12.13 HeartFlow Inc.
- Exhibit 144: HeartFlow Inc. - Overview
- Exhibit 145: HeartFlow Inc. - Product / Service
- Exhibit 146: HeartFlow Inc. - Key news
- Exhibit 147: HeartFlow Inc. - Key offerings
- 12.14 Koninklijke Philips NV
- Exhibit 148: Koninklijke Philips NV - Overview
- Exhibit 149: Koninklijke Philips NV - Business segments
- Exhibit 150: Koninklijke Philips NV - Key news
- Exhibit 151: Koninklijke Philips NV - Key offerings
- Exhibit 152: Koninklijke Philips NV - Segment focus
- 12.15 Medis Medical Imaging Systems BV
- Exhibit 153: Medis Medical Imaging Systems BV - Overview
- Exhibit 154: Medis Medical Imaging Systems BV - Product / Service
- Exhibit 155: Medis Medical Imaging Systems BV - Key offerings
- 12.16 Medtronic Plc
- Exhibit 156: Medtronic Plc - Overview
- Exhibit 157: Medtronic Plc - Business segments
- Exhibit 158: Medtronic Plc - Key news
- Exhibit 159: Medtronic Plc - Key offerings
- Exhibit 160: Medtronic Plc - Segment focus
- 12.17 Mennen Medical Group
- Exhibit 161: Mennen Medical Group - Overview
- Exhibit 162: Mennen Medical Group - Product / Service
- Exhibit 163: Mennen Medical Group - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 164: Inclusions checklist
- Exhibit 165: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 166: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 167: Research methodology
- Exhibit 168: Validation techniques employed for market sizing
- Exhibit 169: Information sources
- 13.5 List of abbreviations
- Exhibit 170: List of abbreviations
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