FRACTIONAL FLOW RESERVE MARKET ANALYSIS

Regional Analysis

Global Fractional Flow Reserve Market - Regional Analysis

North America is expected to hold the dominant position in the global fractional flow reserve market over the forecast period. Factors such as increasing prevalence of cardiovascular diseases requiring surgical interventions is supporting growth of the market in North America. For instance, according to the National Center for Biotechnology Information (NCBI), 2016, around 15.5 million people in the U.S suffered from CHD. The mortality rate of the patients suffering from CHD is expected to decline due to use of advanced technologies such as FFR in the medical care as U.S is categorized as high income country.

Moreover, according to same source, regions such as Asia Pacific, Middle East, and Latin America show higher incidence of deaths due to CHD as the above regions are categorized as low income regions. According to the World Health Organization (WHO) report 2016, half of the total number of deaths across Europe are caused due to cardiovascular diseases. According to the National Centre for Biotechnology Information (NCBI), 2019, approximately 1,000,000/year cardiac catheterization procedures are performed worldwide. Therefore, introduction of existing as well as new treatment options across North America and Europe is expected to boost the global fractional flow reserve market growth over the forecast period.