0

Global Fractional Flow Reserve Devices Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR40630
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single User:

    Quick and easy buy and download option

  • Enterprise:

    Flexible option - Complimentary customization included

2500 USD

The fractional flow reserve devices market has the potential to grow by USD 489.40 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 14.49%.

This fractional flow reserve devices market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (FFR guidewires and FFR monitoring systems) and geography (North America, Europe, Asia, and ROW). The report also offers information on several market vendors, including Abbott Laboratories, ACIST Medical Systems Inc., and B. Braun Melsungen AG, among others.

What will the Fractional Flow Reserve Devices Market Size be in 2021?

Fractional-Flow-Reserve-Devices-Market-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Fractional Flow Reserve Devices Market

 Get Your FREE Sample Now!

Fractional Flow Reserve Devices Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing number of product approvals is notably driving the fractional flow reserve devices market growth, although factors such as low adoption of FFR may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the fractional flow reserve devices industry get your FREE report sample now.

  • The increasing number of product approvals is a significant factor driving the FFR devices market growth.
  • Several vendors have received regulatory approval for their FFR products over the last few years.
  • ACIST RXi Mini System offered by ACIST Medical Systems allows clinicians to use their choice of 0.014-inch guidewire throughout the FFR procedure, which makes it easier to access challenging anatomies, maintain wire position and pressure‐measurement drift, and obtain post‐intervention FFR measurements.
  • Opsens received approval for its OptoWire II, a fiber-optic FFR guidewire providing 1:1 torqueability with enhanced flexibility for optimal maneuverability, particularly in complex cases.
  • Opsens also focused on R&D to develop new product versions of the Optowire and the production of additional clinical data for its use.
  • Product launches and increased R&D efforts are expected to boost the adoption of FFR procedures and consequently fuel the demand for fractional flow reserve devices.
  • Continuous R&D efforts have enabled the development of image‐based non-invasive FFR technologies such as FFR derived from computed tomography angiography (FFRCT), FFR derived from angiography (FFRQCA), and frequency-domain OCT (FD-OCT)
  • Non-invasive FFR technologies can be a potential diagnostic tool for lesion-specific ischemia and help in making optimal clinical decisions, which makes it highly preferable over traditionally invasive FFR procedures.
  • FFRCT allows non-invasive measurement of FFR for the diagnosis of ischemic coronary lesions from CTA scans without adenosine administration or alteration to standard CCTA acquisition protocol.
  • Non-invasive calculation of FD-OCT will help in identifying noncritical MLA in the proximal stenosis.
  • FFRQCA allows a longitudinal assessment of the entire coronary vessel or the entire coronary tree.
  • The development of non-invasive FFR, which is one of the critical fractional flow reserve devices market trends, will positively influence the growth of the market during the forecast period.

This fractional flow reserve devices market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Fractional Flow Reserve Devices Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Abbott Laboratories
  • ACIST Medical Systems Inc.
  • B. Braun Melsungen AG
  • Boston Scientific Corp.
  • General Electric Co.
  • Koninklijke Philips NV
  • Medtronic Plc
  • Opsens Inc.
  • Siemens Healthineers AG
  • Terumo Medical Corp.

 

The fractional flow reserve devices market is fragmented and the vendors are deploying growth strategies such as R&D to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the fractional flow reserve devices market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Fractional Flow Reserve Devices Market?

Fractional-Flow-Reserve-Devices-Market-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

46% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for fractional flow reserve devices in North America. Market growth in this region will be slower than the growth of the market in Asia and ROW.

High prevalence of CADs, the growing awareness of advanced FFR products, and an increase in the number of FFR procedures will facilitate the fractional flow reserve devices market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Fractional Flow Reserve Devices Market?

Fractional-Flow-Reserve-Devices-Market-Market-Share-by-Product-2020-2025

To gain further insights on the market contribution of various segments Request for a FREE sample

FFR measurement requires guidewires to measure the pressure distal to a stenosis, across an intermediate stenotic lesion, with the support of a guiding catheter in the target artery. The increasing adoption of technologically advanced FFR guidewires, growing awareness of clinical benefits of advanced FFR guidewires, and rising number of FFR procedures will fuel the growth of the fractional flow reserve devices market in this segment.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the fractional flow reserve devices market size.

 

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this Fractional Flow Reserve Devices Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive fractional flow reserve devices market growth during the next five years
  • Precise estimation of the fractional flow reserve devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the fractional flow reserve devices industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of fractional flow reserve devices market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Fractional Flow Reserve Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 14%

Market growth 2021-2025

$ 489.40 million

Market structure

Fragmented

YoY growth (%)

13.58

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 46%

Key consumer countries

US, Germany, Japan, France, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Abbott Laboratories, ACIST Medical Systems Inc., B. Braun Melsungen AG, Boston Scientific Corp., General Electric Co., Koninklijke Philips NV, Medtronic Plc, Opsens Inc., Siemens Healthineers AG, and Terumo Medical Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for 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.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • FFR guidewires - Market size and forecast 2020-2025
    • FFR monitoring systems - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • Asia - Market size and forecast 2020-2025
    • ROW - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Abbott Laboratories
    • ACIST Medical Systems Inc.
    • B. Braun Melsungen AG
    • Boston Scientific Corp.
    • General Electric Co.
    • Koninklijke Philips NV
    • Medtronic Plc
    • Opsens Inc.
    • Siemens Healthineers AG
    • Terumo Medical Corp.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your sample now!
    Fractional Flow Reserve Devices market growth will increase by $446.64 million during 2019-2024.
    The fractional flow reserve devices market is expected to grow at a CAGR of 12.17% during 2019-2024.
    Technavio has segmented the fractional flow reserve devices market by product (FFR guidewires and FFR monitoring systems) and geographic (North America, Europe, APAC, South America, and MEA).
    Abbott Laboratories, Boston Scientific Corp., Bracco SpA, Cathworks Ltd., GE Electric Co., Heartflow Inc., Koninklijke Philips NV, Opsens, Siemens Healthineers AG, Terumo Corp. are a few of the key vendors in the fractional flow reserve devices market.
    North America will register the highest growth rate of 49.30% among the other regions. Therefore, the fractional flow reserve devices market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the fractional flow reserve devices market growth are:
    • Increasing prevalence of CADs
    • Increasing number of product approvals
    The fractional flow reserve devices market vendors should focus on grabbing business opportunities from the ffr guidewires segment as it accounted for the largest market share in the base year.
    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?
    • Off-the-shelf research reports
    • Reports can be tailored to meet the customer's needs
    • Trusted by more than 100 fortune 500 organizations
    • Information about the market's key drivers, trends, and challenges
    • Parent market analysis
    • Every week, 50,000 people visit our subscription platform
    • Detailed vendors report with competitive landscape
    • Covid-19 impact and recovery analysis
    • Data on revenue-generating market segments
    • Details on the market shares of various regions
    • Five-force market analysis

    Certified ISO 9001 : 2015

    We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

    We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

    Safe and Secure SSL Encrypted
    Technavio

    info
    close
    • Single User:

      Quick and easy buy and download option

    • Enterprise:

      Flexible option - Complimentary customization included

    2500 USD

    Technavio Get the report (PDF) sent to your email within minutes.

    Subscribe & Save

    Get lifetime access to our
    Technavio Insights

    Customized Report as per your Business Needs

    • Our analysts will work directly with you and understand your needs
    • Get data on specified regions or segments, competitor and Vendors
    • Data will be formatted and presented as per your requirements
    • We offer $1000 worth of FREE customization at the time of purchase

    Let us help you make report more suited to your requirements.

    • Get a competitive breakdown as per your niche industry
    • Customize the data with various metrics that meet your business prerequisite
    • Understand Revenue Sources, Customers and many more
    • Details on Market Share
    • These customizations are done in a short amount of time by our analysts and industry experts
    Technavio
    Enquire Before Buying
    17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>