How Is The Coronary Pressure Market Expected To Grow At 9.8% CAGR Over 2025–2029?
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What Is The Projected Valuation Of The Coronary Pressure Market In The Coming Years?
The market size for coronary pressure has shown considerable growth in recent times. It is projected to increase from $17.38 billion in 2024 to $19.08 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.8%. The expansion during the historical phase can be linked to the growing number of heart disease cases, heightened demand for coronary pressure tracking, enhanced awareness regarding cardiac health, and an increase in health care spending.
In the coming years, the cardiac pressure market is set to witness substantial expansion. Projected to reach $27.74 billion in 2029 with a compounded annual growth rate (CAGR) of 9.8%, the factors steering this growth include increasing cases of coronary artery disease (CAD), an aging population, a surge in the uptake of minimally invasive procedures, and heightened awareness regarding early diagnosis of diseases. The forecast period is expected to be marked by technological advancements, cost-effective treatments, enhanced healthcare accessibility, and the introduction of new products and services.
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What Drivers Are Accelerating Expansion Of The Coronary Pressure Market?
The growth of the coronary pressure market is set to be fueled by the rising prevalence of cardiovascular diseases. These diseases encompass a range of disorders that impact the heart and blood vessels, including hypertension, coronary artery disease, and heart failure, which are usually attributed to lifestyle and genetic factors. Due to unhealthy lifestyles, improper diets, and a rise in obesity, the rates of cardiovascular diseases are escalating. Devices for measuring coronary pressure play a key role in evaluating and handling these diseases by taking the pressure readings of the coronary arteries, directing the course of treatment, and bettering the outcomes for heart patients. As per a study issued in the Journal of the American College of Cardiology in August 2022, the four primary cardiovascular risk factors are projected to escalate in the U.S. population from 2025 to 2060. Diabetes is expected to see the greatest percentage increase of 39.3%, followed by dyslipidemia (27.6%), hypertension (25.1%), and obesity (18.3%). The study also found that heart failure and ischemic heart disease, with respective increases of 33.4% and 30.7%, may see the greatest rise in rates. These are followed by heart attack (16.9%) and stroke (33.8%). Thus, the surge in cases of cardiovascular diseases indicates a promising growth landscape for the coronary pressure market.
How Is The Global Coronary Pressure Market Broken Down By Segment?
The coronary pressuremarket 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
Which Notable Trends Are Transforming The Coronary Pressure Market Outlook?
As part of their strategic focus in the coronary pressure market, leading companies are concentrating their efforts in creating groundbreaking products, including drug-eluting coronary stent systems. These devices are not only promising in augmenting treatment potency but also in curbing restenosis occurrences and ameliorating long-term patient health. Designed to combat coronary artery disease, drug-eluting coronary stent systems function by administering medication straight to the artery via a stent, a key factor in preventing restenosis and boosting long-term vascular health. For instance, in May 2022, Medtronic, a medical device firm based in Ireland, acquired FDA clearance for its new age Onyx Frontie drug-eluting stent. This pioneering system is designed to enhance the management of coronary artery disease by delivering drugs that counter restenosis or the contraction of the artery post-stent placement. The latest stent setup, which integrates cutting-edge technologies, is geared towards improving patient results and minimizing the risks related to coronary procedures.
Which Firms Are Making The Biggest Impact 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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Which Geographic Regions Are Creating Strong Demand 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.
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