NEW YORK, Nov. 28, 2022 /PRNewswire/ -- The fractional flow reserve devices market size is estimated to increase by USD 718.07 million from 2022 to 2027, with an accelerated CAGR of 15.56%, according to the recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region.
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Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. The Bargaining Power of Buyers & Suppliers and the Threat of New Entrants, Rivalry, and Substitutes have also been analyzed and rated between LOW-HIGH to provide a holistic view of market favorability.
Find Technavio's Exclusive Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria
- One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
- Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
- Furthermore, market adoption rates for all regions have been covered.
The fractional flow reserve devices market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed Below –
- Abbott Laboratories
- Asahi Intecc Co. Ltd.
- B. Braun SE
- 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
Chart & Data Table on 5-Year Historic (2017-2021) Market Size, Comparative Analysis of Segments, and Y-O-Y Growth of Fractional Flow Reserve Devices Market
- The market is segmented by Product (FFR Guidewires and FFR Monitoring Systems) and Application (Single-vessel Diseases and Multi-vessel Diseases).
- Based on product, the FFR guidewires segment stood as the market's largest contributor in 2022.
- Guidewire technologies available in the market can be classified into three types, namely pressure wire technology (piezoelectric wires), microcatheter technology (optical fiber catheters), and optical fiber technology (optical fiber wires). Pressure wire technology is the most common FFR technology used by clinics.
- Pressure wires have several advanced features, such as fast response, ruggedness, high stiffness, an extended range, and the ability to measure quasi-static pressures, which will drive the growth of the FFR guidewires segment during the forecast period.
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Increasing Prevalence of CVDs is Notably Driving the Fractional Flow Reserve Devices Market Growth
The prevalence of cardiovascular diseases (CVDs), such as stable angina, unstable angina, and sudden cardiac deaths, is increasing across the world. CVDs cause approximately 17.9 million deaths every year globally. The prevalence of risk factors associated with CADs, such as high blood pressure, smoking, diabetes, and obesity, is also rising. This will increase the demand for FFR procedures, which, in turn, is expected to drive the growth of the global FFR devices market during the forecast period.
Chart & Data Table on Historical Market Size (2017-2021, Historic Industry Size & Analysis of 15 Vendors and 7 Countries
The market is segmented by region (North America, Europe, Asia, and the Rest of World (ROW)). An analysis of key leading countries has been included.
- North America, which holds the major share of the market, is estimated to contribute 46% to the growth of the global market during the forecast period. The US holds a significant share of the regional market owing to the high prevalence of CADs, high awareness of advanced FFR products, and the increased number of FFR procedures performed in the country.
- The US was one of the first countries to start vaccination drives in late 2020, which reduced the number of COVID-19 cases and enabled medical professionals to carry out surgical procedures on other patients. Moreover, from 2021, economic activities in the region resumed due to substantial investments by governments in developing healthcare infrastructure. Moreover, the high prevalence of CADs and an increase in the number of FFR procedures are expected to increase the sales of FFR devices. Hence, the market in the region is expected to grow moderately during the forecast period.
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What are the key data covered in this fractional flow reserve devices market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the fractional flow reserve devices market between 2023 and 2027
- Precise estimation of the size of the fractional flow reserve devices market size and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the fractional flow reserve devices market industry across APAC, North America, Europe, Middle East and Africa, and South America
- Thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of fractional flow reserve devices market vendors
Fractional Flow Reserve Devices Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
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 (%) |
15.2 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing contribution |
North America at 46% |
Key countries |
US, Canada, Germany, UK, and Japan |
Competitive landscape |
Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Companies profiled |
Abbott Laboratories, Asahi Intecc Co. Ltd., B. Braun SE, BIOTRONIK SE & 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 for the forecast period |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse Health Care Market Reports
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
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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