The latest market intelligence study by Infiniti Research on fractional flow reserve (FFR) technology provides insights on the introduction of new drugs and innovative technologies in the healthcare sector.
FFR technology to revolutionize the healthcare industry
The introduction of FFR technology is helping in the management of coronary artery disease (CAD). This new age invasive tool is extremely useful and is improving patient outcomes and reducing healthcare costs around the globe. The launch of new drugs in the market will boost the usage of FFR technology in the market. This method is designed to help physicians determine the need for stenting for each patient. Furthermore, FFR examinations help avoid unnecessary cardiac stent placements and further reduce the risk of myocardial ischemia and infarction. The FFR manufacturers are using market intelligence solutions to analyze business risks and identify investment opportunities that will boost their profitability in the global market.
The influx of new entrants in the FFR market will not only raise the competition bar but also increase the number of products that are available in the market. Seeing this competitiveness, many healthcare giants are gaining the US FDA approvals to launch new FFR products and maintain their position in the market.
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Introduction of new technology
The suppliers are introducing new FFR wires and FFR consoles to attract more consumers and boost their sales. The development and launch of iFR and non-invasive FFR technology will aid the evolution of the healthcare market. These systems are designed to evaluate the blood flow in the coronary arteries of people showing signs and symptoms of CAD and features modern technologies that provide quicker fractional flow reserve measurements.
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Clinical trials and regulatory approvals to play a crucial role in the market
Many companies in the healthcare sector are gaining approval and launching new products to meet the rising demand for FFR technology. FDA approvals will help vendors to sell these systems and increase their market shares. Such approvals also act as the certification for usability, functionality, and safety of FFR procedures.
Solutions and recommendations
The market intelligence team at Infiniti Research provides valuable information on the latest trends and developments in the healthcare industry and estimation of FFR device utilization, and its price trends. Some of the solutions offered include:
- Offer a market intelligence assessment of the supply chain landscape for the FFR market
- Help understand the usage and market penetration of FFR
- Analyze the FFR market shares, the price of FFR devices, and narrow down top distributors of cardiovascular devices
- Market intelligence solutions that provide strategic insights on various findings, consumer feedback, data modeling, and scenario testing
- Validate data obtained through secondary sources and fill potential information gaps
- Present the competitive analysis, supply chain facilities, market trends, growth drivers, and challenges for FFR devices
Read our comprehensive case study on how we helped a leading chemical manufacturer analyze market trends for fractional flow reserve