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Coronary Pressure Market Report, Size, Share, Growth, Trends, Competitive Landscape to 2033
"Gain a competitive edge with up to 30% off in-depth market reports-uncover key trends, growth drivers, and forecasts today!The new report published by The Business Research Company, titled Coronary Pressure Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the coronary pressure market size has grown strongly in recent years. It will grow from $15.81 billion in 2023 to $17.38 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The coronary pressure market size is expected to see rapid growth in the next few years. It will grow to $25.45 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%.
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What Is Driving The Growth Of The Global Coronary Pressure Market?
Increasing Cardiovascular Disease Fuels Growth In Coronary Pressure Market
The increasing prevalence of cardiovascular diseases is expected to propel the growth of the coronary pressure market going forward. Cardiovascular diseases refer to a group of disorders affecting the heart and blood vessels, including conditions such as coronary artery disease, hypertension, and heart failure, often linked to lifestyle factors and genetics. Cardiovascular disease rates are on the rise owing to several factors, such as unhealthy diets, sedentary lifestyles, and increasing obesity. Coronary pressure devices help in assessing and managing cardiovascular diseases by measuring coronary artery pressures, guiding treatment decisions, and improving outcomes for patients with heart conditions. For instance, in August 2022, according to a study published in the Journal of the American College of Cardiology, a US-based organization, all four cardiovascular risk factors are anticipated to rise among the general U.S. population between 2025 and 2060, with diabetes showing the biggest percentage increase of 39.3%, followed by dyslipidemia with an increase of 27.6%, hypertension with an increase of 25.1%, and obesity with an increase of 18.3%. The researchers discovered that heart failure (33.4%) and ischemic heart disease (30.7%) had the biggest anticipated increases in rates, followed by heart attack (16.9%) and stroke (33.8%). Therefore, the increasing prevalence of cardiovascular diseases is driving the coronary pressure market.
What Is The Key Trend In The Global Coronary Pressure Market?
Focus On Innovative Ambulatory Blood Pressure Monitoring Kits
Major companies operating in the coronary pressure market are focusing on developing innovative products, such as advanced ambulatory blood pressure monitoring (ABPM) kits, to enhance patient care and management of cardiovascular diseases. Ambulatory blood pressure monitoring (ABPM) kits are non-invasive diagnostic tools designed to measure blood pressure continuously over 24 hours. For instance, in May 2021, Biobeat Technologies, an Israel-based medical equipment manufacturer, launched a revolutionary continuous ambulatory blood pressure monitoring (ABPM) device that operates without the traditional cuff. This innovative chest-worn monitor allows patients to track their blood pressure, heart rate, mean arterial pressure, cardiac output, and systemic vascular resistance throughout their daily activities, providing a comprehensive view of their cardiac health. The device is designed for easy self-setup at home, eliminating the need for medical personnel during installation, and it delivers real-time data directly to patients' smartphones via an app, while physicians can access detailed reports through an online platform.
How Is The Global Coronary Pressure Market Segmented?
The coronary pressure market covered in this report is segmented -
1) By Device: Sphygmomanometer, Automated Blood Pressure Monitor, Blood Pressure (BP) Transducers, Ambulatory Blood Pressure Monitor
2) By Technology: Digital, Aneroid, Wearable
3) By End User: Hospitals, Cardiac Care Centers, Ambulatory Centers And Homecare, Academic Institutes
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How Is The Competitive Landscape Of The Global Coronary Pressure Market?
Major companies operating in the coronary pressure market are Cardinal Health Inc., General Electric Company, Abbott Laboratories, Medtronic plc, Siemens Healthineers, Koninklijke Philips, Baxter International Inc., Boston Scientific Corporation, Philips Healthcare, Terumo Corporation, Omron Corporation, Edwards Lifesciences, Zoll Medical Corporation, Nihon Kohden Corporation, LivaNova plc, AtriCure, Rossmax, A&D Medical, St. Jude Medical, HeartWare International
Contents Of The Global Coronary Pressure Market
1. Executive Summary
2. Coronary Pressure Market Report Structure
3. Coronary Pressure Market Trends And Strategies
4. Coronary Pressure Market - Macro Economic Scenario
5. Coronary Pressure Market Size And Growth
…..
27. Coronary Pressure Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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