Renal Denervation Market Breakdown By Size, Share, Growth, Trends, and Industry 2030- MarkNtel Advisors
According to Markntel Advisors Report, Renal Denervation Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
The
activity of renal nerves is reduced by this minimally invasive renal
denervation procedure to lower blood pressure. Controlled blood pressure helps
in dealing with health problems & issues such as hypertension, and
cardiovascular diseases including heart attacks & heart failures. In the
procedure of renal denervation heat (radiofrequency) or ultrasound energy using
a catheter is supplied to the renal arteries, which transport blood from the
heart to the kidney.
Global Renal
Denervation Market Research Report & Summary:
The Global Renal Denervation Market size was
valued at around USD 0.98
billion in 2024 and is projected to reach USD 3.4 billion by 2030. Along
with this, the market is estimated to grow at a CAGR of around 25.19% during
the forecast period, i.e., 2025-30.
Time
Period Captured in the Report:
·
Historical
Years: 2020-2023
·
Base
Years: 2024
·
Forecast
Years: 2025-2030
Who are the Key Players Operating in
the Renal Denervation Market?
The top
companies of the Renal Denervation Market ruling the industry are:
Medtronic Plc, Boston Scientific Co., Otsuka
Holdings Co. Ltd., ReCor Medical, Inc., Mercator Medsystems, Inc., Symple
Surgical Inc., Kona Medical Inc., Terumo Corporation, Johnson & Johnson
Pvt. Ltd., Ablative Solutions, Inc, Renal Dynamics Ltd., Abbott Laboratories,
Miracor Medical SA, DeepQure Inc., SoniVie, and others
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What is Included in Renal
Denervation Market Segmentation?
The Renal Denervation Market explores the
industry by emphasizing the growth parameters and categorizes including
geographical segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-By Product Type
-Catheters - Market Size & Forecast 2020-2030, USD Million
-RF Generator- Market Size & Forecast 2020-2030, USD Million
-By Technology
-Radio Frequency- Market Size & Forecast 2020-2030, USD Million
-Ultrasound- Market Size & Forecast 2020-2030, USD Million
-Micro-Infusion- Market Size & Forecast 2020-2030, USD Million
-Others- Market Size & Forecast 2020-2030, USD Million
-By Area of Application
-Hypertension- Market Size & Forecast 2020-2030, USD Million
-Heart Failures- Market Size & Forecast 2020-2030, USD Million
-By End Users
-Hospitals - Market Size & Forecast 2020-2030, USD Million
-Specialty Clinics- Market Size & Forecast 2020-2030, USD Million
-Ambulatory Care Centers- Market Size & Forecast 2020-2030, USD
Million
-By Region
-North America
-South America
-Europe
-The Middle East and Africa
-Asia-Pacific
Explore the Complete Renal Denervation Market Analysis Report – https://www.marknteladvisors.com/research-library/renal-denervation-market.html
Global Renal Denervation Market Driver:
Increasing Number
of Hypertension Cases Driving Market Growth – Renal Denervation is primarily
effective in cases related to hypertension, and the market is driven by the
rising number of cases for the same. Globally more than 1 billion individuals
are dealing with hypertension and 25% of those are adults. Only about 20% of
all have their hypertension under control. This is the reason that hypertension
is considered the topmost concerning factor globally for deaths. As per the
study by the World Heart Federation, an average of 10 million deaths globally
were attributed to raised blood pressure in 2019.
It is also
estimated that by the age of 60 and above, hypertension will affect almost 60%
of individuals. The global budget for Blood Pressure management every year
exceeds USD 100 billion a year. Thus, as the number of cases related to
hypertension and blood pressure is rising, the demand for renal denervation is
also growing effectively and resulting in market growth.
Global Renal Denervation Market
Opportunity:
Increasing Number
of Chronic Diseases – Renal denervation is gaining traction in the world with
growing instances of chronic disease and cases of hypertension &
cardiovascular diseases. Globally, more than 33% of the working population is
suffering from more than 1 chronic disease, and this results in at least 3 of 4
global deaths. Problems related to heart, stroke, and arthritis, all come in
the category of chronic diseases. Hypertension, heart attacks, and heart
failure are other prevalent diseases. It is estimated that almost 80% of
individuals are not properly treated for hypertension, and the number of deaths
that can be prevented from 2023 to 2050 with proper treatment for hypertension
is more than 75 million.
The number of
death cases that can be averted in the upcoming years with efficient treatment
for hypertension such as renal denervation, stroke, heart attacks, and heart
failure is around 120 million, 80 million, and 17 million respectively. The
primary objective of renal denervation procedure is to normalize the blood
pressure which can prevent most of the cases of heart failure, heart attacks,
and stroke. Therefore, the continuously growing health awareness will
potentially help in the expansion of the market and prevent deaths owing to hypertension.
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