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Technavio Announces Top Five Vendors in the Global Fractional Flow Reserve Market from 2016 to 2020Technavio has announced the top five leading vendors in their recent global fractional flow reserve market 2016-2020 report. This research report also lists 10 other prominent vendors that are expected to impact the market during the forecast period. Competitive vendor landscape The global fractional flow reserve market was dominated by two players, namely Volcano and St. Jude Medical. However, in the last two years, new companies such as Boston Scientific, Opsens, and ACIST (News - Alert) have entered the market with their new fractional flow reserve products. With the entry of new companies, there has been a rise in new regulatory approvals in the market. Vendors are developing new technologies such as instantaneous wave-free ratio (iFR) and non-invasive fractional flow reserve to gain significant share as the market penetration of fractional flow reserve is increasing, especially in developed countries. Also, vendors are conducting new clinical studies to expand the application of fractional flow reserve in other cardiac diseases as well. "In addition to the organic growth, the market is also witnessing inorganic growth as vendors involve in strategic collaborations with other companies to gain expertise and enhance market presence. The major inorganic growth initiative in the market was the acquisition of Volcano by Phillips in December 2014," says Barath Palada, a lead analyst at Technavio for medical imaging research. Request for sample report: http://goo.gl/3ll1Vd Key Vendors: ACIST ACIST was established in 2000 and is headquartered in Maastricht, the Netherlands. The company distributes diagnostic and interventional products. It operates as a subsidiary of Bracco. ACIST in global fractional flow reserve market offers a range of products for measuring fractional flow reserve. In March 2014, the company launched the RXi Rapid Exchange fractional flow reserve system to perform fractional flow reserve procedures. This is the world's first rapid exchange fractional flow reserve and high-definition IVUS systems. Boston Scientific Boston Scientific was established in 1979 and is headquartered in Massachusetts, US. The company develops and markets medical devices for interventional medical specialties worldwide. Th company operates its business through MedSurg, rhythm management, and cardiovascular segments. The company offers fractional flow reserve products through its cardiovascular segment. Its Polaris software is designed to run on the iLab System and has been approved and launched in Europe and the US. iLab System is intended to enhance the diagnosis and treatment of blocked vessels and heart disorders. Opsens Opsens was established in 2006 and is headquartered in Quebec, Canada. The company develops and markets fiber optic sensors and associated signal conditioners. It produces pressure, temperature, strain, and displacement sensors used by the oil and gas, medical, energy, and laboratory industries. In the global fractional flow reserve market, the company manufactures and installs fiber optic-sensing solutions for various applications. The company has added a hydrophilic coating to its guidewire to facilitate navigation in the most tortuous and calcified vessels. It has received regulatory approval in Europe and Japan. St. Jude Medical St. Jude Medical was incorporated in 1976 and is headquartered in St Paul, Minnesota, US. It is a developer, manufacturer, and distributor of cardiovascular medical devices for cardiac rhythm management, cardiovascular diseases, and atrial fibrillation therapy areas. It also provides interventional pain therapy and neurostimulation devices for the chronic pain management and movement disorders. The company offers its products through its vascular products segment. Its products are sold in more than 100 countries and have direct sales organizations in 35 countries worldwide. The company has manufacturing facilities in Arizona, South Carolina, Texas, New Jersey, California, Minnesota, Oregon, Massachusetts, Georgia, Costa Rica, Sweden, Brazil, Puerto Rico, and Malaysia. It also has over 100 sales and administrative offices worldwide. Volcano Volcano was established in 2000 and is headquartered in San Diego, California, US. The company provides intravascular imaging for coronary and peripheral therapeutic devices. The company's business activities are classified into two segments: medical and industrial. It is supported by a strong operational network of manufacturing facilities located in Coyol (Costa Rica) and Rancho Cordova (California, US). The company offers a range of products in the global fractional flow reserve market. It uses a guidewire-based technology to analyze pressure and flow parameters from inside the vessel. These wires are used in conjunction with angiography. It is used by physicians to provide clinical guidance to aid appropriate treatment. Browse Related Reports:
Do you need a report on a market in a specific geographical cluster or country but can't find what you're looking for? Don't worry, Technavio also takes client requests. Please contact [email protected] with your requirements and our analysts will be happy to create a customized report just for you. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected]. View source version on businesswire.com: http://www.businesswire.com/news/home/20160712005112/en/ |
