19 December 2019
Visiongain’s new report the Fractional Flow Reserve Market Report 2019-2029: Forecasts by Technology [Invasive Monitoring (Pressure Guidewires, FFR Measurement Systems), Non-Invasive Monitoring], by Application (Single-Vessel Diseases, Multi-Vessel Diseases), plus analysis of leading companies operating in the global fractional flow reserve market.
The global fractional flow reserve market size was valued at $510 million in 2019 and is expected to generate market revenue of more than $2 billion by the end of 2029. Market growth is primarily attributed by increasing geriatric population in the U.S., European countries, and Japan. Additionally, the growing prevalence of cardiovascular diseases such as high blood pressure and coronary artery diseases will increase fractional flow reserve market expansion over the course of the period. According to the report of the American Heart Association on heart diseases, in 2018, cardiovascular disease accounted for more than 800,000 deaths in the United States.
Rising geriatric population in developed as well as developing economies is expected to increase penetration of chronic diseases and will encourage fractional flow reserve market over the coming years. According to the World Health Organization, the global population aged 60 years or more was more than 900 million in 2018, more than twice as large as in 1980 when there were 382 million older persons worldwide. The number of older persons is expected to double again by 2050 when it is projected to reach nearly 2.1 billion.
North America dominated the global fractional flow reserve market in 2019 by accounting more than 40% of the overall market share. Regional growth was primarily driven by the presence of well-established healthcare infrastructure and supportive government policies for healthcare penetration. Additionally, manufacturers operating in this region are adopting mergers & acquisitions and research & development strategies to increase market concentration and increase the customer base. For instance, in January 2017, Abbott Laboratories, a U.S. based healthcare company engaged in medical devices, nutrition products, generic pharmaceuticals, and diagnostics acquired St. Jude Medical, Inc., an American medical device company.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The pace of progress and development of the global supply chain is likely to be strongly influenced in the near term by the growth in turbine generating capacity, rising toward 15 MW.
19 February 2021
In recent years, battery energy storage (BES) techniques are fast developing due to the advancement of power electronics and battery technology. This leads to their increasing applications in power systems for different objectives.
17 February 2021
The aim of this report is to provide detailed market, technology and industry analyses to help readers quantify and qualify the market for molten salt reactors technologies used in to generate electricity. Special emphasis is given to ongoing research into improved efficiencies of molten salt reactors.
16 February 2021
Large proven oil & gas reserves of Canada coupled with growing investments in the building the country’s oil & gas infrastructure is expected to augment the demand for Canadian oil & gas. Favourable government policies and high demand for LNG from countries other than the U.S. is also anticipated to drive demand over the forecast period.