Renal Denervation Market By Product Type (Symplicity, Enlightn, Vessix, Paradise, Iberis, Others), By Technology (Radiofrequency, Ultrasound, Micro-Infusion), By End User (Hospitals, Specialty Clinics, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030
The global renal denervation market size was valued at $156,327.4 thousand in 2020, and is projected to reach $4,555,983.0thousandby 2030, registering a CAGR of 40.7% from 2021 to 2030.Renal denervation is a catheter-based minimally invasive therapy used to treat hypertension in patients. Renal denervation is usually used when other treatments have failed to relieve the patient's symptoms. The renal artery wall nerves are ablated with ultrasound or radio frequency pulses in this operation. Hence, ultrasound renal denervation helps in reducing blood pressure in patient with hypertension.
The renal denervation market has grown owning to excessive alcohol consumption, lack of physical exercises &activities, smoking, and fast-food consumption all contribute to an increased risk of hypertension. Further, it causes various disorders, such as heart attacks, stroke, pulmonary arterial hypertension, and also cause high blood pressure. As a result, during the forecast period, such factor is expected to create growth opportunity for renal denervation system for treating hypertension and other diseases.
Furthermore, there is large number of renal denervation devices, which are manufactured by major key players in the market to treat hypertension and other diseases. For instance, in November 2021, Medtronic Plc, manufacturer of medical devices and technologies announced Spyral Affirm study evaluating safety, durability of Symplicity renal denervation system to control hypertension and other disorder such as diabetes, chronic kidney disease, and isolated systolic hypertension.
The market is segmented on the basis of product, technology, and geography. On the basis of product, the market is divided into symplicity, enligHTN, vessix, paradise, and iberis. On the basis of technology, the market is divided into radiofrequency, ultrasound, and micro-infusion. On the basis of end user, the market is divided into hospitals, specialty clinics, and others. Region wise, the market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
COMPETITION ANALYSIS
The key players that operate in the global renal denervation are Ablative Solutions, Inc., Abbott Laboratories, Johnson & Johnson, Cardiosonic Ltd, Boston Scientific Corporation, Medtronic plc, Mercator MedSystems, Inc., ReCor Medical, Inc., Renal Dynamics Limited, and Terumo Corporation.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging renal denervation market trends and dynamics.
In-depth renal denervation market analysis is conducted by constructing market estimations for key market segments between 2021 and 2030.
Extensive analysis of the renal denervation market growth is conducted by following key product positioning and monitoring of top competitors within the market framework.
The report includes renal denervation market opportunity.
The global renal denervation market forecast analysis from 2021 to 2030 is included in the report.
The key players within renal denervation market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the renal denervation industry.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging renal denervation market trends and dynamics.
In-depth renal denervation market analysis is conducted by constructing market estimations for key market segments between 2021 and 2030.
Extensive analysis of the renal denervation market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global renal denervation market forecast analysis from 2021 to 2030 is included in the report.
The key players within renal denervation market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the renal denervation industry.
Key Market Segments
By BY PRODUCT TYPE
Symplicity
Enlightn
Vessix
Paradise
Iberis
Others
By BY TECHNOLOGY
Radiofrequency
Ultrasound
Micro-Infusion
By BY END USER
Hospitals
Specialty Clinics
Others
By BY REGION
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Rest of Europe
LAMEA
Latin America
Middle East
Africa
North America
U.S.
Canada
Mexico
Key Market Players
Ablative Solutions, Inc
Abbott Laboratories
Johnson & Johnson
Cardiosonic Ltd
Boston Scientific Corporation
Medtronic plc
Mercator MedSystems, Inc
ReCor Medical, Inc
Renal Dynamics Limited
terumo corporation
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook