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Major Force in the Coronary Pressure Market 2025: Increasing Cardiovascular Disease Fuels Growth In Coronary Pressure Market
Coronary Pressure Market Size
In recent years, there has been considerable growth in the size of the coronary pressure market. It is projected to expand from $17.38 billion in 2024 to $19.15 billion in 2025, marking a compound annual growth rate (CAGR) of 10.2%. The growth observed in the historical period is linked to factors such as increased occurrence of cardiovascular diseases, heightened demand for coronary pressure monitoring, a rise in heart health awareness, and an escalation in healthcare spending.
In the upcoming years, the market size of coronary pressure is projected to witness a robust growth. It is anticipated to surge to $27.95 billion by 2029, with a 9.9% Compound Annual Growth Rate (CAGR). The escalation during this predicted period can be linked to the soaring instances of coronary artery disease (CAD), the enlarging eldery population, the surge in embracing minimally invasive treatments, and a higher awareness for early detection of diseases. The forecast period is predicted to observe significant trends such as advancements in technology, increased affordability in treatments, enhanced healthcare accessibility, and the introduction of new products and services.
What Are the Primary Growth Drivers for the Coronary Pressure Market?
The rising occurrence of cardiovascular diseases is predicted to boost the expansion of the coronary pressure market. These diseases, which encompass conditions such as coronary artery disease, hypertension, and heart failure, are a group of disorders that affect the heart and blood vessels, often associated with lifestyle aspects and genetics. Increasing rates of cardiovascular diseases are mostly attributed to factors such as unhealthy eating habits, lack of physical activity, and escalating obesity. Coronary pressure devices are crucial in evaluating and handling cardiovascular diseases, as they measure coronary artery pressures, guide treatment options, and enhance outcomes for heart patients. For example, a study published in August 2022 by the Journal of the American College of Cardiology, a an organization based in the U.S., predicted a rise in all four cardiovascular risk factors among the general U.S. population from 2025 to 2060. The highest percentage increase was predicted for diabetes (39.3%), closely followed by dyslipidemia (27.6%), hypertension (25.1%), and obesity (18.3%). The study authors noted that heart failure (33.4%) and ischemic heart disease (30.7%) should see the largest predicted increases in rates, followed by heart attack (16.9%) and stroke (33.8%). Thus, the rising incidence of cardiovascular diseases is fuelling the growth of the coronary pressure market.
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Who Are the Major Industry Players Fueling Coronary Pressure Market Expansion?
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
Which Key Developments Are Influencing the Coronary Pressure Market?
Key businesses in the coronary pressure market are prioritizing the creation of novel products, such as drug-eluting coronary stent systems, to improve the effectiveness of treatments, decrease re-narrowing rates, and augment long-term outcomes for patients. Drug-eluting coronary stent systems are specialized medical tools used to manage coronary artery disease by supplying medication straight to the artery via a stent, thus inhibiting restenosis (the re-closing of the artery) and enhancing prolonged vascular health. For example, in May 2022, Medtronic, a medical device firm based in Ireland, obtained FDA sanction for its latest Onyx Frontie drug-eluting stent. This groundbreaking system is aimed at ameliorating the treatment of coronary artery disease by providing medications designed to avert restenosis, the process of the artery tightening again after the placement of a stent. The new stent system utilizes progressive technologies with the goal of improving patient outcomes and reducing issues linked with coronary procedures.
How Is the Segmentation of the Coronary Pressure Market Defined?
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
Subsegments:
1) By Sphygmomanometer: Manual Sphygmomanometer, Aneroid Sphygmomanometer, Mercury Sphygmomanometer
2) By Automated Blood Pressure Monitor: Digital Blood Pressure Monitors, Wrist Blood Pressure Monitors, Upper Arm Blood Pressure Monitors
3) By Blood Pressure (BP) Transducers: Invasive BP Transducers, Non-Invasive BP Transducers
4) By Ambulatory Blood Pressure Monitor: Single-Channel Ambulatory BP Monitors, Multi-Channel Ambulatory BP Monitors
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What Is the Leading Region in the Coronary Pressure Market?
North America was the largest region in the coronary pressure market in 2024. The regions covered in the coronary pressure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Coronary Pressure Global Market Report?
- Market Size Analysis: Analyze the Coronary Pressure Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Coronary Pressure Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Coronary Pressure Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Coronary Pressure Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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