Fractional Flow Reserve Market to reach a market size of $1,035.4 million by 2025- KBV Research

The North America market dominated the Global Fractional Flow Reserve Market by Region in 2018, thereby, achieving a market value of $456.5 million by 2025, growing at a CAGR of 9.7% during the forecast period. The Asia Pacific market is expected to witness a CAGR of 11.5% during (2019-2025). Additionally, The Europe market is expected to witness a CAGR of 9.7% during (2019-2025).

The FFR guidewires market contributed the highest revenue share to the Global Fractional Flow Reserve Market by Product in 2018, thereby, growing at a CAGR of 9.6 % during the forecast period. The FFR Monitoring Systems market is anticipated to experience a CAGR of 10.8% during (2019-2025).

The Single-Vessel Coronary Artery Disease market would reach a market size of $558.1 million by 2025, rising at a CAGR of 9.7 % during the forecast period. The Multi-Vessel Coronary Artery Disease market is predicted to grow at 10.8% during (2019-2025).

Based on Product, the market is segmented into FFR guidewires and FFR Monitoring Systems. Based on Application, the market is segmented into Multi-Vessel Coronary Artery Disease and Single-Vessel Coronary Artery Disease. The report also covers geographical segmentation of Fractional Flow Reserve market. The geographies included in the report are North America, Europe, Asia Pacific, and LAMEA.

Structural Insights: https://www.kbvresearch.com/fractional-flow-reserve-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Medtronic PLC, Terumo Corporation, B. Braun Melsungen AG, General Electric (GE) Co, Siemens AG (Siemens Healthineers), Koninklijke Philips N.V., Boston Scientific Corporation, Abbott Laboratories, Bracco S.p.A. and Opsens, Inc.

Recent Strategies Deployed in Fractional Flow Reserve Market

» Collaborations, Partnerships and Agreements:

Oct-2019: B. Braun Interventional Systems has signed a distribution agreement with Nano4imaging for EmeryGlide guidewire. This guidewire is the latest addition to the BIS’ congenital and structural heart portfolio and enables MRI guided cardiac catheterizations.

Jun-2019: Siemens Healthineers announced its collaboration with Mentice AB in order to combine Mentice’s VIST virtual patient into Siemens' Artis icono angiography system. This VIST virtual patient becomes a fully integrated simulation solution for angio-suite. This partnership allows the interventional radiologists, cardiologists, and neuroradiologists in performing the cardiac and vascular interventions on virtual patient inside the angiosuite.

Apr-2019: Opsens extended its collaboration with Abiomed to integrate its optical technology into the widely used Impella CP® in the United States. This demonstrates the accuracy of measurement of Opsens' technology as well as the quality of its manufacturing capabilities.

May-2018: Philips teamed up with Zulekha Hospital in order to establish a first-of-its-kind cath lab in the UAE equipped with latest therapy platforms. This lab strengthens the hospital's outstanding care and enhances its service line.

» Acquisition and Mergers:

Jun-2018: Philips signed an agreement to acquire EPD Solutions, an image-guidance in catheter ablation procedures for cardiac arrhythmias. The acquisition complements Philips' portfolio of smart catheters, interventional imaging systems, planning and navigation software and services.

Mar-2018: Terumo signed a definitive agreement to acquire the assets of large bore vascular closure device from Medeon Biodesign, Inc., a medical device company. Terumo is focused towards the expansion of its product portfolio in vascular devices.

Jan-2017: Abbott acquired St. Jude Medical, Inc., leader in medical device company. Through this acquisition, Abbott will have the powerful portfolio across neuromodulation and cardiovascular patient care ready to deliver next-generation medical technologies and offering improved efficiencies for health care systems across the world.

Jul-2015: Medtronic acquired the assets of Aptus Endosystems, a medical device company that develops advanced technology for thoracic endovascular aneurysm repair (TEVAR) and endovascular aneurysm repair (EVAR). The acquisition helps Medtronic in delivering TourGuide Steerable Sheath, a device with adjustable tip that enables quick access and delivery of peripheral vascular products to Europe and United States.

Jul-2015: Medtronic took over CardioInsight Technologies, a Cleveland-based medical device company that develops the new approaches to improve the mapping of electric disorders of heart. Medtronic has made CardioInsight a part of its atrial fibrillation solutions business in the cardiac rhythm and heart failure division.

Feb-2015: Philips acquired Volcano Corporation and made it the part of Philips’ image-guided therapy business group. This acquisition offers the access of Volcano's image-guided minimally invasive surgery solutions to Philips.

» Product Launches:

May-2019: Medtronic introduced Telescope Guide Extension Catheter in order to enter into guide extension catheter market. These catheters helps in delivering coronary stents balloons and other interventional devices at the time of angioplasty procedures, which helps to restore blood flow through peripheral and coronary arteries.

May-2019: Philips released new IntraSight interventional applications platform, a secure and application-based platform. This platform provides a comprehensive suite of clinically proven FFR, co-registration modalities, iFR, IVUS for simplifying the complex interventions and speed routines procedures.

Global Fractional Flow Reserve Market Segmentation

By Product

FFR guidewires and

FFR Monitoring Systems

By Application

Multi-Vessel Coronary Artery Disease and

Single-Vessel Coronary Artery Disease

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Australia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

Medtronic PLC

Terumo Corporation

B. Braun Melsungen AG

General Electric (GE) Co

Siemens AG (Siemens Healthineers)

Koninklijke Philips N.V.

Boston Scientific Corporation

Abbott Laboratories

Bracco S.p.A. and

Opsens, Inc.

Fractional Flow Reserve Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market