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Coronary Pressure Market Anticipated To Witness Robust Growth, Surpassing $27.95 Billion By 2029
Coronary Pressure Market
What Is the Current Coronary Pressure Market Size and Its Estimated Growth Rate?
The coronary pressure market has grown rapidly in recent years. It is expected to grow from $17.38 billion in 2024 to $19.15 billion in 2025, at a CAGR of 10.2%. The growth is attributed to the rising incidence of cardiovascular diseases, increasing demand for coronary pressure monitoring, heightened awareness of heart health, and greater healthcare spending.
The coronary pressure market is expected to grow to $27.95 billion by 2029, with a CAGR of 9.9%. The growth is attributed to the rising prevalence of coronary artery disease, an aging population, the growing adoption of minimally invasive procedures, and increased awareness of early disease detection. Trends include technological advancements, cost-effective treatments, better healthcare access, and new product and service launches.
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How Are Emerging Segments Shaping the Coronary Pressure Market Landscape?
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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Which Growth Factors Are Influencing Coronary Pressure Market Expansion?
The rising prevalence of cardiovascular diseases is expected to drive the growth of the coronary pressure market. These diseases, including coronary artery disease, hypertension, and heart failure, are on the rise due to unhealthy diets, sedentary lifestyles, and obesity. Coronary pressure devices help assess and manage these conditions by measuring coronary artery pressures, guiding treatment, and improving outcomes. A study published in the Journal of the American College of Cardiology in August 2022 predicted significant increases in risk factors such as diabetes and hypertension between 2025 and 2060. As cardiovascular diseases rise, the coronary pressure market is set to grow.
Who Are the Dominant Players Across Different Coronary Pressure Market Segments?
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
What Trends Are Driving Growth in The Coronary Pressure Market?
Leading companies in the coronary pressure market are focusing on developing innovative products such as drug-eluting coronary stent systems to enhance treatment effectiveness, lower restenosis rates, and improve long-term patient outcomes. These systems release medication through a stent to prevent the artery from re-narrowing. For instance, Medtronic, an Ireland-based medical device company, gained FDA approval in May 2022 for its Onyx Frontie drug-eluting stent. The system aims to improve treatment outcomes for coronary artery disease by releasing medications to prevent restenosis, incorporating advanced technologies to reduce complications.
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Which Geographic Regions Are Expected to Dominate the Coronary Pressure Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Coronary Pressure Market?
2. What is the CAGR expected in the Coronary Pressure Market?
3. What Are the Key Innovations Transforming the Coronary Pressure Industry?
4. Which Region Is Leading the Coronary Pressure Market?
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