The North America Fractional Flow Reserve Market is expected to grow at a CAGR of 9.7% during 2019-2025. The US market dominated the North America FFR guidewires Market by Country in 2018, thereby, growing at a CAGR of 8.6 % during the forecast period.
In the regional market, North America accounted for a higher market share of the total industry sales in 2018. The region's dominance can be linked to beneficial government policies for the introduction of medical devices and the availability of well-developed healthcare infrastructure. Additionally, the higher number of mergers and acquisitions by key players are expected to maintain a high level of competition.
Companies operating in the market focus on launching innovative products and also expanding their business reach. For example, Abbott received the U.S. FDA approval In March 2019, for Resting Full-cycle Ratio (RFR) intravascular diagnostic test. This is a novel type of FFR physiologic assessment. The test aims to detect narrowing of the coronary arteries that indicate whether or whether not a stent is required.
Lesions with low fractional flow reserve percutaneous coronary intervention (PCI) increases long-term outcome and is clinically beneficial in patients with stable coronary artery disease relative to MT alone. At the time of coronary angiography, measuring fractional flow reserve (FFR) with a pressure wire determines coronary lesions which are responsible for severe ischemia. It also determines which patients most likely to benefit from PCI.
Coronary artery disease (CAD) is the most common form of heart disease, affecting the health of millions of people around the world. Coronary artery narrowing or stenosis in patients with CAD limits blood flow and reduces the amount of oxygen to the brain. Patients with CAD may receive advantages from the percutaneous coronary intervention (PCI), such as stenting partially occluded vessels, if stenosis causes inadequate oxygen supply to the heart. This condition is popularly termed as myocardial ischemia. The safety of deferring percutaneous coronary intervention (PCI) is tested by initial prospective randomized trials using FFR.
Increasing prevalence in the U.S. of coronary artery disease and diabetes serves well for the overall market. Cases of diabetes are on the rise due to the unhealthy eating habits of the country's population, which also contributes to obesity and related diseases. For example, the World Health Organization stated that there have been more than 1.9 billion obese adults in the U.S. during the year 2016. Furthermore, higher adoption of the fractional flow system in conjunction with OCT is likely to expand the consumer base in the near future for patients suffering from cardiovascular diseases, particularly in the U.S.
Free Valuable Insights: Fractional Flow Reserve Market in North America is expected to register a CAGR of 9.7% during the forecast period (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 countries included in the report are USA, Canada, Mexico and Rest of North America.
Key companies profiled in the report include 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.
Scope of the Fractional Flow Reserve Market Analysis
Market Segmentation:
By Product
- FFR guidewires and
- FFR Monitoring Systems
By Application
- Multi-Vessel Coronary Artery Disease and
- Single-Vessel Coronary Artery Disease
By Country
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fractional Flow Reserve Market, by Product
1.4.2 North America Fractional Flow Reserve Market, by Application
1.4.3 North America Fractional Flow Reserve Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
Chapter 3. Market Analysis
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches
3.2.3 Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Collaborations, Partnerships, and Agreements : 2019-Oct – 2016-Aug) Leading Players
Chapter 4. North America Fractional Flow Reserve Market by Product
4.1 North America FFR guidewires Market by Country
4.2 North America FFR Monitoring Systems Market by Country
Chapter 5. North America Fractional Flow Reserve Market by Application
5.1 North America Multi-Vessel Coronary Artery Disease Market by Country
5.2 North America Single-Vessel Coronary Artery Disease Market by Country
Chapter 6. North America Fractional Flow Reserve Market by Country
6.1 US Fractional Flow Reserve Market
6.1.1 US Fractional Flow Reserve Market by Product
6.1.2 US Fractional Flow Reserve Market by Application
6.2 Canada Fractional Flow Reserve Market
6.2.1 Canada Fractional Flow Reserve Market by Product
6.2.2 Canada Fractional Flow Reserve Market by Application
6.3 Mexico Fractional Flow Reserve Market
6.3.1 Mexico Fractional Flow Reserve Market by Product
6.3.2 Mexico Fractional Flow Reserve Market by Application
6.4 Rest of North America Fractional Flow Reserve Market
6.4.1 Rest of North America Fractional Flow Reserve Market by Product
6.4.2 Rest of North America Fractional Flow Reserve Market by Application
Chapter 7. Company Profiles
7.1 Medtronic PLC
7.1.1 Company overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.5.2 Product Launches:
7.1.6 SWOT Analysis
7.2 Terumo Corporation
7.2.1 Company Overview
7.2.1 Financial Analysis
7.2.2 Segmental Analysis
7.2.3 Recent strategies and developments:
7.2.3.1 Collaborations, Partnerships, and Agreements:
7.2.3.2 Acquisition and Mergers:
7.3 B. Braun Melsungen AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Collaborations, Partnerships, and Agreements:
7.4 General Electric (GE) Co.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Collaborations, Partnerships, and Agreements:
7.4.6 SWOT Analysis
7.5 Siemens AG (Siemens Healthineers)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Collaborations, Partnerships, and Agreements:
7.5.6 SWOT Analysis
7.6 Koninklijke Philips N.V.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Collaborations, Partnerships, and Agreements:
7.6.5.2 Acquisition and Mergers:
7.6.5.3 Product Launches:
7.6.6 SWOT Analysis
7.7 Boston Scientific Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Expansions:
7.7.6 SWOT Analysis
7.8 Abbott Laboratories
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Acquisition and Mergers:
7.8.5.2 Product Launches:
7.8.6 SWOT Analysis
7.9 Bracco S.p.A.
7.9.1 Company Overview
7.9.2 Regional Analysis
7.1 Opsens, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Collaborations, Partnerships, and Agreements:
TABLE 1 NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET, 2015 - 2018, USD MILLION
TABLE 2 NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET, 2019 - 2025, USD MILLION
TABLE 3 PARTNERSHIPS, COLLABORATIONS AND AGREEMENTS– FRACTIONAL FLOW RESERVE MARKET
TABLE 4 PRODUCT LAUNCHES– FRACTIONAL FLOW RESERVE MARKET
TABLE 5 EXPANSIONS- FRACTIONAL FLOW RESERVE MARKET
TABLE 6 MERGERS & ACQUISITIONS – FRACTIONAL FLOW RESERVE MARKET
TABLE 7 NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET BY PRODUCT, 2015 - 2018, USD MILLION
TABLE 8 NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET BY PRODUCT, 2019 - 2025, USD MILLION
TABLE 9 NORTH AMERICA FFR GUIDEWIRES MARKET BY COUNTRY, 2015 - 2018, USD MILLION
TABLE 10 NORTH AMERICA FFR GUIDEWIRES MARKET BY COUNTRY, 2019 - 2025, USD MILLION
TABLE 11 NORTH AMERICA FFR MONITORING SYSTEMS MARKET BY COUNTRY, 2015 - 2018, USD MILLION
TABLE 12 NORTH AMERICA FFR MONITORING SYSTEMS MARKET BY COUNTRY, 2019 - 2025, USD MILLION
TABLE 13 NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET BY APPLICATION, 2015 - 2018, USD MILLION
TABLE 14 NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET BY APPLICATION, 2019 - 2025, USD MILLION
TABLE 15 NORTH AMERICA MULTI-VESSEL CORONARY ARTERY DISEASE MARKET BY COUNTRY, 2015 - 2018, USD MILLION
TABLE 16 NORTH AMERICA MULTI-VESSEL CORONARY ARTERY DISEASE MARKET BY COUNTRY, 2019 - 2025, USD MILLION
TABLE 17 NORTH AMERICA SINGLE-VESSEL CORONARY ARTERY DISEASE MARKET BY COUNTRY, 2015 - 2018, USD MILLION
TABLE 18 NORTH AMERICA SINGLE-VESSEL CORONARY ARTERY DISEASE MARKET BY COUNTRY, 2019 - 2025, USD MILLION
TABLE 19 NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET BY COUNTRY, 2015 - 2018, USD MILLION
TABLE 20 NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET BY COUNTRY, 2019 - 2025, USD MILLION
TABLE 21 US FRACTIONAL FLOW RESERVE MARKET, 2015 - 2018, USD MILLION
TABLE 22 US FRACTIONAL FLOW RESERVE MARKET, 2019 - 2025, USD MILLION
TABLE 23 US FRACTIONAL FLOW RESERVE MARKET BY PRODUCT, 2015 - 2018, USD MILLION
TABLE 24 US FRACTIONAL FLOW RESERVE MARKET BY PRODUCT, 2019 - 2025, USD MILLION
TABLE 25 US FRACTIONAL FLOW RESERVE MARKET BY APPLICATION, 2015 - 2018, USD MILLION
TABLE 26 US FRACTIONAL FLOW RESERVE MARKET BY APPLICATION, 2019 - 2025, USD MILLION
TABLE 27 CANADA FRACTIONAL FLOW RESERVE MARKET, 2015 - 2018, USD MILLION
TABLE 28 CANADA FRACTIONAL FLOW RESERVE MARKET, 2019 - 2025, USD MILLION
TABLE 29 CANADA FRACTIONAL FLOW RESERVE MARKET BY PRODUCT, 2015 - 2018, USD MILLION
TABLE 30 CANADA FRACTIONAL FLOW RESERVE MARKET BY PRODUCT, 2019 - 2025, USD MILLION
TABLE 31 CANADA FRACTIONAL FLOW RESERVE MARKET BY APPLICATION, 2015 - 2018, USD MILLION
TABLE 32 CANADA FRACTIONAL FLOW RESERVE MARKET BY APPLICATION, 2019 - 2025, USD MILLION
TABLE 33 MEXICO FRACTIONAL FLOW RESERVE MARKET, 2015 - 2018, USD MILLION
TABLE 34 MEXICO FRACTIONAL FLOW RESERVE MARKET, 2019 - 2025, USD MILLION
TABLE 35 MEXICO FRACTIONAL FLOW RESERVE MARKET BY PRODUCT, 2015 - 2018, USD MILLION
TABLE 36 MEXICO FRACTIONAL FLOW RESERVE MARKET BY PRODUCT, 2019 - 2025, USD MILLION
TABLE 37 MEXICO FRACTIONAL FLOW RESERVE MARKET BY APPLICATION, 2015 - 2018, USD MILLION
TABLE 38 MEXICO FRACTIONAL FLOW RESERVE MARKET BY APPLICATION, 2019 - 2025, USD MILLION
TABLE 39 REST OF NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET, 2015 - 2018, USD MILLION
TABLE 40 REST OF NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET, 2019 - 2025, USD MILLION
TABLE 41 REST OF NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET BY PRODUCT, 2015 - 2018, USD MILLION
TABLE 42 REST OF NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET BY PRODUCT, 2019 - 2025, USD MILLION
TABLE 43 REST OF NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET BY APPLICATION, 2015 - 2018, USD MILLION
TABLE 44 REST OF NORTH AMERICA FRACTIONAL FLOW RESERVE MARKET BY APPLICATION, 2019 - 2025, USD MILLION
TABLE 45 KEY INFORMATION – MEDTRONIC PLC
TABLE 46 KEY INFORMATION – TERUMO CORPORATION
TABLE 47 KEY INFORMATION – B. BRAUN MELSUNGEN AG
TABLE 48 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 49 KEY INFORMATION – SIEMENS AG
TABLE 50 KEY INFORMATION – KONINKLIJKE PHILIPS N.V.
TABLE 51 KEY INFORMATION – BOSTON SCIENTIFIC CORPORATION
TABLE 52 KEY INFORMATION – ABBOTT LABORATORIES
TABLE 53 KEY INFORMATION – BRACCO S.P.A.
TABLE 54 KEY INFORMATION – OPSENS, INC.
List of Figures
FIG 1 METHODOLOGY FOR THE RESEARCH
FIG 2 KBV CARDINAL MATRIX
FIG 3 KEY LEADING STRATEGIES: PERCENTAGE DISTRIBUTION (2015-2019)
FIG 4 KEY STRATEGIC MOVE: (COLLABORATIONS, PARTNERSHIPS, AND AGREEMENTS : 2019-OCT – 2016-AUG) LEADING PLAYERS
FIG 5 SWOT ANALYSIS: MEDTRONIC PLC
FIG 6 SWOT ANALYSIS: GENERAL ELECTRIC (GE) CO.
FIG 7 SWOT ANALYSIS: SIEMENS AG
FIG 8 RECENT STRATEGIES AND DEVELOPMENTS: KONINKLIJKE PHILIPS N.V.
FIG 9 SWOT ANALYSIS: KONINKLIJKE PHILIPS N.V.
FIG 10 SWOT ANALYSIS: BOSTON SCIENTIFIC CORPORATION
FIG 11 RECENT STRATEGIES AND DEVELOPMENTS: ABBOTT LABORATORIES
FIG 12 SWOT ANALYSIS: ABBOTT LABORATORIES