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Fractional Flow Reserve Devices Market Size, Share & Trends Analysis Report by Product (FFR guidewires and FFR monitoring systems), By Region, and Segment Forecasts, 2020 - 2024 | Technavio

The fractional flow reserve devices market is expected to grow by USD 446.64 million, progressing at a CAGR of over 12% during the forecast period.

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Technavio has announced its latest market research report titled Global Fractional Flow Reserve Devices Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Fractional Flow Reserve Devices Market 2020-2024 (Graphic: Business Wire)

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The increasing number of product approvals is one of the major factors propelling market growth. However, factors such as low adoption of FFR will hamper the market growth.

More details: https://www.technavio.com/report/fractional-flow-reserve-devices-market-industry-analysis

Fractional Flow Reserve Devices Market: Product Landscape

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. Market growth in this segment will be faster than the growth of the market in the FFR monitoring systems segment.

Fractional Flow Reserve Devices Market: Geographic Landscape

North America was the largest fractional flow reserve devices market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. High prevalence of CADs, the growing awareness of advanced FFR products, and an increase in the number of FFR procedures will significantly influence fractional flow reserve devices market growth in this region. Over 49% of the market’s growth will originate from North America during the forecast period. The US is a crucial market for fractional flow reserve devices in North America. Market growth in this region will be faster than the growth of the market in other regions.

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Companies Covered:

  • Abbott Laboratories
  • Boston Scientific Corp.
  • Bracco SpA
  • Cathworks Ltd.
  • GE Electric Co.
  • Heartflow Inc.
  • Koninklijke Philips NV
  • Opsens
  • Siemens Healthineers AG
  • Terumo Corp.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

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 placement
  • FFR guidewires - Market size and forecast 2019-2024
  • FFR monitoring systems - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Abbott Laboratories
  • Boston Scientific Corp.
  • Bracco SpA
  • Cathworks Ltd.
  • GE Electric Co.
  • Heartflow Inc.
  • Koninklijke Philips NV
  • Opsens
  • Siemens Healthineers AG
  • Terumo Corp.

Appendix

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

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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 consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. 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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