Press release
Global Coronary Pressure Market to Reach $27.95 Billion by 2029, Growing at 9.9% CAGR
Global Coronary Pressure Market
The increasing prevalence of cardiovascular diseases is expected to drive the growth of the coronary pressure market. Cardiovascular diseases, including coronary artery disease, heart failure, and hypertension, are on the rise due to unhealthy lifestyles and genetic factors. Coronary pressure devices are used to measure artery pressures, helping in the diagnosis and management of these diseases. A study published in 2022 projected a significant increase in cardiovascular risk factors in the U.S. by 2060, including a 39.3% rise in diabetes, driving demand for coronary pressure devices.
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What is the future CAGR of the coronary pressure market, and how will it impact industry expansion?
The coronary pressure market has grown rapidly in recent years. It will increase from $17.38 billion in 2024 to $19.15 billion in 2025, at a CAGR of 10.2%. This growth is due to the increasing incidence of cardiovascular diseases, greater demand for coronary pressure monitoring, heightened awareness of heart health, and rising healthcare expenditure.
The coronary pressure market is expected to see solid growth, reaching $27.95 billion by 2029 at a CAGR of 9.9%. This growth is driven by the rising prevalence of coronary artery disease, the aging population, increased use of minimally invasive procedures, and greater awareness of early disease detection. Trends include technological innovations, cost-effective treatment solutions, improved healthcare access, and new product launches.
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What are the most significant trends transforming the coronary pressure market today?
Companies in the coronary pressure market are developing drug-eluting coronary stent systems to improve treatment effectiveness, reduce restenosis rates, and enhance long-term patient outcomes. These stents deliver medication directly to the artery to prevent re-narrowing. In May 2022, Medtronic, an Ireland-based medical device company, received FDA approval for its Onyx Frontie drug-eluting stent, designed to prevent restenosis and improve patient outcomes in coronary artery disease treatment.
Which key market segments comprise the coronary pressure market and drive its revenue growth?
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 regions are at the forefront of coronary pressure market expansion?
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.
Who are the leading players fueling growth in the 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
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What Is Covered In The Coronary Pressure Global Market Report?
•Market Size Forecast: Examine the coronary pressure market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the coronary pressure market for a structured understanding.
•Key Players Overview: Analyze major players in the coronary pressure market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the coronary pressure market.
•Segment Contributions: Evaluate how different segments drive overall growth in the coronary pressure market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the coronary pressure market.
•Industry Challenges: Identify potential risks and obstacles affecting the coronary pressure market.
•Competitive Landscape: Review strategic developments in the coronary pressure market, including expansions, agreements, and new product launches.
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