What Has Been The Evolution of the Coronary Pressure Market in Recent Years?
The coronary pressure market has seen considerable growth due to a variety of factors.
• The coronary pressure market has grown rapidly in recent years. It is forecasted to rise from $17.38 billion in 2024 to $19.15 billion in 2025, at a compound annual growth rate (CAGR) of 10.2%.
Growth is driven by the increasing incidence of cardiovascular diseases, rising demand for coronary pressure monitoring, greater awareness of heart health, and growing healthcare expenditure.
How Will the Coronary Pressure Market?
The coronary pressure market is expected to maintain its strong growth trajectory in upcoming years.
• The coronary pressure market is projected to grow to $27.95 billion by 2029, with a CAGR of 9.9%.
Factors driving this growth include the rise in coronary artery disease (CAD) prevalence, the aging population, the increasing use of minimally invasive procedures, and greater awareness of early disease detection. Trends include technological advancements, more cost-effective treatments, improved healthcare access, and new product and service launches.
Which Factors Are Boosting Growth In The Coronary Pressure Market?
The increasing prevalence of cardiovascular diseases is expected to drive the growth of the coronary pressure market. As lifestyle factors, including poor diet and inactivity, contribute to rising cardiovascular disease rates, coronary pressure devices are essential for managing these conditions. A study published in the Journal of the American College of Cardiology projected that major cardiovascular risk factors, such as diabetes and hypertension, will rise significantly by 2060, emphasizing the need for coronary pressure devices.
What Key Areas Define The Segmentation Of The Global Coronary Pressure Market?
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 New Trends Are Influencing The Coronary Pressure Market?
Companies in the coronary pressure market are focusing on drug-eluting coronary stent systems to improve treatment outcomes and reduce restenosis rates. For example, in May 2022, Medtronic, an Ireland-based medical device firm, received FDA approval for its Onyx Frontie drug-eluting stent. This system helps prevent restenosis and incorporates technologies aimed at improving patient outcomes in coronary interventions.
Who Are the Key Players 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
What Is The Most Dominant 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.
