Fractional Flow Reserve Market Industry: Size, Share & Trends Analysis Report Information By Technology (Invasive Monitoring, Non-Invasive Monitoring), By Application (Single Vessel Diseases, Multi Vessel Diseases), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2031
Global Fractional Flow Reserve Market size was valued at USD 734.5 Million in 2022 and is projected to reach USD 1.4 Billion by 2031, growing at a CAGR of 12.2 % from 2022 to 2031 according to a new report by IMIR Market Research.
The blood flow on either side of a blockage in your coronary artery is compared during a fractional flow reserve examination. This informs your healthcare practitioner about the severity of your artery's stenosis. You might require medical care or angioplasty if your result is less than 1. Your provider uses your number to determine the best course of action. To assess the severity of the stenosis (narrowing) in your coronary arteries, a minimally invasive method called fractional flow reserve (FFR) is used. The fractional flow reserve test is performed by medical professionals as part of a cardiac catheterization of the left side of your heart or during a coronary angiograph. They use the findings to determine the best course of treatment for you. The ratio between the greatest blood flow that can be achieved in a diseased coronary artery and the maximum flow that might theoretically be achieved in a normal coronary artery is what is measured by fractional flow reserve (FFR). Most people consider an FFR of 1.0 to be typical. Myocardial ischemia (MI) is typically thought to be related with an FFR lower than 0.75-0.80.
The growing prevalence of CAD is one of the factors driving the fractional flow reserve market.One out of every four deaths in the United States occurs as a result of coronary artery disease (CAD), which is one of the primary causes of death. Acute coronary syndromes (ACS) symptoms, myocardial infarction, and mortality can all be effectively treated with coronary revascularization. Coronary revascularization is less obvious in stable CAD, though.The precision, dependability, and usability of FFR devices, including as pressure wires, sensors, and guidewires, have also been enhanced through technological innovation. In the field of cardiology, minimally invasive techniques are increasingly popular. Compared to conventional angiography, FFR provides a minimally intrusive method to evaluate coronary artery blockages. Ambulatory surgical centres (ASCs) and office-based labs (OBLs) are mushrooming across the country in an effort to cut the costs of healthcare associated with simple, minimally invasive cardiovascular operations. Often, these outpatient facilities can complete the same tasks as hospital cath laboratories for less than half the price. The importance of FFR in directing treatment choices, enhancing patient care, and maximising healthcare resource allocation is highlighted by the convergence of components.
The Fractional Flow Reserve market research report comprises a thorough examination of the current and future scenario of this industry vertical. The research highlights major trends and opportunities, as well as challenges, for various segments and sub-segments, while broadening the company horizon. The study report also includes extensive information based on past and present patterns across several industry verticals to help find various expansion prospects. Throughout the forecast period, several estimations regarding market share, market size, and industry growth rate are presented. The research includes information on competitive analysis as well as consumption habits and pricing strategies depending on the Fractional Flow Reserve market.
A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global Fractional Flow Reserve Market. On the basis of historic growth analysis and current scenario of Fractional Flow Reserve market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Fractional Flow Reserve market. This further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Fractional Flow Reserve market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Fractional Flow Reserve market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, pricing strategies, innovation possibilities and much more.
The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The leading cause of death and reduction in Disability Adjusted Life Years (DALYs) globally is Coronary Artery Disease (CAD). This burden is primarily felt in low- and middle-income nations. This places a significant economic burden on the entire world as it results in over 7 million deaths and 129 million DALYs each year.The need for FFR operations is being driven by the increasing prevalence of CAD, an ageing population that is on the rise, and sedentary lifestyles.
The study cohort consisted of 379,688 angiograms, of which 134,769 were performed for ACS (36%), and 122,571 were performed for stable CAD (32%). The research period saw a large rise in the monthly age- and sex-adjusted FFR use rates, which went from 0.4 to 2.3 per 100,000 persons. The monthly FFR use rate per 100 angiograms grew from 0.9 to 4.9, however the percentage of positive FFR (0.8) outcomes remained largely stable at 28%. When compared to the population with ACS (0.6 to 4.5 per 100 angiograms/month), the usage of FFR increased more dramatically in the population with stable CAD (1.1 to 8.0 per 100 angiograms/month).FFR aids in precisely determining the degree of coronary artery blockages, permitting optimal treatment choices, and enhancing patient outcomes.
A significant restraint in the FFR market is the limited awareness and education among healthcare providers and patients about the benefits and appropriate utilization of FFR. FFR is a relatively advanced diagnostic technique compared to traditional angiography, and its proper interpretation and integration into clinical decision-making require specialized knowledge and skills. Society for Cardiovascular Angiography and Interventions (SCAI) Expert Consensus Statement on Functional Evaluation of Coronary Stenosis by Pressure Measurements (2019). This consensus statement by SCAI provides guidance on the use of FFR and related indices, emphasizing their clinical utility in assessing the functional significance of coronary artery lesions.
Cost-effective FFR procedures can drive higher adoption rates among healthcare providers. When the cost of FFR equipment, accessories, and associated services is reasonable, healthcare facilities are more likely to invest in incorporating FFR into their cardiac care protocols. This increased adoption can benefit patients by ensuring better identification and management of coronary artery disease, leading to improved clinical outcomes.
Totally, 98 cases of FFR and 238 cases of angiography were included in the analysis. The average of QALY in FFR and angiography were 0.853 and 0.787, respectively. The cost of these methods were $6128 and $8388, correspondingly. Therefore, FFR was dominant compared to angiography. Results of the scatter plots and acceptability curve showed that FFR was more cost-effective than angiography in 94% and 96% of simulations for a threshold lower than $11,000 PPP. The PSA analysis confirmed the robustness of the study results.
The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2022-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
By Technology
By Application
The report also helps in understanding Global Fractional Flow Reserve Market dynamics, structure by analyzing the market segments, and project the Global Fractional Flow Reserve Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Fractional Flow Reserve Market make the report investor’s guide.
Study Period | 2020-31 |
Base Year | 2022 |
Estimated Forecast Year | 2023-31 |
Growth Rate | CAGR of 12.2 % from 2023 to 2031 |
Segmentation | By Technology, By Application, By region. |
Unit | USD Billion |
By Technology |
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By Application |
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By region |
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The global Fractional Flow Reserve Market is analyzed on the basis of region across North America, Europe, Asia-Pacific, and LAMEA.
According to the regional analysis of the Fractional Flow Reserve Market, North America is projected to exhibit the highest compound annual growth rate (CAGR) of 15.6% compared to other regional markets throughout the forecast period. North America has traditionally been a significant market for FFR due to the presence of well-established healthcare infrastructure, advanced medical technologies, and a high prevalence of cardiovascular diseases. The United States, in particular, has witnessed widespread adoption of FFR and is home to several key market players and research institutions in this field.
In Europe, the market for alternative proteins is anticipated to witness rapid expansion with a compound annual growth rate CAGR of 9.8% during the forecast period. Europe is another major market for FFR. Countries such as Germany, the United Kingdom, France, and Italy have a robust healthcare system and a high prevalence of cardiovascular diseases, driving the demand for FFR. The European Society of Cardiology (ESC) has played a significant role in promoting the use of FFR through guidelines and recommendations.
Asia Pacific is anticipated to experience consistent revenue growth with a market compound annual growth rate CAGR of 8.9%. The Asia Pacific region has been experiencing rapid growth in the FFR market. Increasing healthcare spending, improving healthcare infrastructure, and a rising burden of cardiovascular diseases contribute to the market's expansion. Countries such as China, Japan, and India are emerging as key markets for FFR adoption.
North America accounted for the highest xx% market share in terms of revenue in the Fractional Flow Reserve market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Fractional Flow Reserve. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Fractional Flow Reserve companies in economies such as Japan and China.
The objective of the report is to present comprehensive analysis of Global Fractional Flow Reserve Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Frequently Asked Questions
The global Fractional Flow Reserve Market was valued at USD 734.5 million in 2022. The market is expected to grow at a compound annual growth rate (CAGR) of 12.2% from 2023 to 2031, reaching a value of USD 1.4 billion by 2031.
North America had the largest share in the global Fractional Flow Reserve (FFR) market. This can be attributed to factors such as a high prevalence of cardiovascular diseases, advanced healthcare infrastructure, significant investments in medical technology, and a strong presence of key market players in the region.
The driving factors for the Fractional Flow Reserve (FFR) market include the growing prevalence of cardiovascular diseases, technological advancements in medical imaging and computational analysis, and the increasing adoption of minimally invasive procedures for precise assessment and treatment of arterial blockages.
In the global market for Fractional Flow Reserve (FFR), the leading segment is the non-invasive monitoring technology segment. Non-invasive monitoring methods, such as computed tomography (CT) angiography-based FFR, offer a less invasive alternative to traditional invasive monitoring techniques, reducing patient discomfort and risks associated with invasive procedures.
Some major players in the Fractional Flow Reserve Market include Opsens Medical, Abbott Laboratories, Boston Scientific, ACIST Medical Systems,Koninklijke Philips N.V.
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