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What is the Predicted Annual Growth Rate of the Coronary Pressure Market Over the Coming Decade?

The size of the coronary pressure market has expanded swiftly over the previous years. The projection is that it will increase from $17.38 billion in 2024 to $19.15 billion in 2025, marking a compound annual growth rate (CAGR) of 10.2%. The significant growth during the historic period is due to factors such as the growing prevalence of cardiovascular diseases, increased need for coronary pressure monitoring, heightened awareness about heart health, and augmentation of healthcare expenditure.

The market size of coronary pressure is projected to experience impressive growth in the forthcoming years, with an expected valuation of $27.95 billion by 2029, growing at a CAGR of 9.9%. Factors contributing to this growth during the forecast period include the escalating incidence of coronary artery disease (CAD), the expansion of the elderly population, the growing preference for minimally invasive procedures, and heightened awareness regarding early diagnosis of diseases. Key trends observed during the forecast period include advancements in technology, more cost-effective treatment options, improved accessibility to healthcare, as well as the introduction of new products and services.

Which Macro and Microeconomic Factors Are Accelerating the Growth of the Coronary Pressure Market?

The growth of the coronary pressure market is projected to be driven by the escalating occurrence of cardiovascular diseases. These illnesses, which include conditions such as hypertension, coronary artery disease, and heart failure, are typically associated with lifestyle factors and genetics and impact the heart and blood vessels. As unhealthy eating patterns, inactive lifestyles, and climbing obesity rates contribute to the escalation of cardiovascular disease rates, coronary pressure devices are an invaluable tool. By gauging coronary artery pressures, these devices aid in the diagnosis and management of cardiovascular states, guide therapeutic approaches and enhance outcomes for heart patients. A study launched in August 2022 by a US-based entity, published in the Journal of the American College of Cardiology, predicted a rise in all four cardiovascular risk factors within the broader U.S. population from 2025 to 2060. Diabetes is projected to see the highest relative increase of 39.3%, trailed by dyslipidemia at 27.6%, hypertension at 25.1%, and obesity at 18.3%. The study found that heart failure (33.4%) and ischemic heart disease (30.7%) were set to witness the most significant surge in rates, followed by heart attack (16.9%) and stroke (33.8%). Hence, the surging occurrence of cardiovascular diseases is fueling the advancement of the coronary pressure market.

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What Are the Major Players Making an Impact in the Coronary Pressure Market’s Growth?

Major companies operating in the coronary pressure market are:

• Cardinal Health Inc.

• General Electric Company

• Abbott Laboratories

• Medtronic plc

• Siemens Healthineers

Which Upcoming Trends Are Set to Influence the Coronary Pressure Market’s Path Forward?

Key players in the coronary pressure market are concentrating on developing cutting-edge products like drug-eluting coronary stent systems to elevate the effectiveness of treatments, minimize re-narrowing of arteries, and optimize patient results in the long run. Cardiovascular stent systems that dispense drugs are medical tools that manage coronary artery disease by directly providing medication to the artery via a stent, mitigating the risk of restenosis and enhancing long-term vascular health. For instance, in May 2022, Medtronic, a medical device firm based in Ireland, earned FDA approval for its next-generation Onyx Frontie drug-eluting stent. This pioneering system is crafted to augment the treatment of coronary artery disease by delivering drugs that avert restenosis, or the re-narrowing of the artery post-stent implantation. The novel stent system integrates advanced technologies targeted at bettering patient health outcomes and reducing potential complications related to coronary interventions.

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Which Key Segments of the Coronary Pressure Market Are Poised for Growth and Innovation?

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

What Regions Are Steering Growth in the Coronary Pressure Sector?

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.

How Can We Define the Coronary Pressure Market and Its Key Components?

Coronary pressure refers to the pressure within the coronary arteries, which deliver blood and oxygen to the heart muscle. It is a vital metric for evaluating the sufficiency of blood flow and oxygen supply to the heart. Influenced by factors such as heart rate, blood volume, and arterial resistance, monitoring coronary pressure is essential in diagnosing and managing coronary artery disease.

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