The Reports and Insights, a leading market research company, has recently releases report titled “Renal Denervation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Renal Denervation Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Renal Denervation market?
The renal denervation market was valued at US$ 350.4 million in 2023, and is expected to register a CAGR of 31.2% over the forecast period and reach US$ 4,036.2 million in 2032.
What is Renal Denervation?
Renal denervation is a procedure aimed at treating medication-resistant high blood pressure (hypertension) by using radiofrequency energy to disrupt the nerves in the renal arteries. These arteries supply the kidneys with blood and house nerves that help regulate blood pressure. By interrupting these nerves, the procedure seeks to lower blood pressure levels. Renal denervation is typically considered for individuals with uncontrolled hypertension who are at risk of complications.
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What are the growth prospects and trends in the Renal Denervation industry?
The renal denervation market growth is driven by various factors and trends. The market for renal denervation is growing due to the increased occurrence of hypertension and the rising need for less invasive treatments. Renal denervation is becoming a more viable option for patients with stubborn hypertension that doesn’t respond effectively to drugs. This growth is being fueled by advancements in technology, such as the creation of more advanced renal denervation systems that improve treatment safety and effectiveness. Moreover, greater awareness about the advantages of renal denervation among healthcare providers and patients is helping to expand the market. Nevertheless, regulatory hurdles and the high expense of the procedure may impede market growth somewhat. Hence, all these factors contribute to renal denervation market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Technology
- Radiofrequency Ablation
- Ultrasound Ablation
- Microwaves Ablation
- Other Technologies
By Application
- Resistant Hypertension
- Heart Failure
- Chronic Kidney Disease
- Metabolic Disorders
By End User
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Research and Academic Institutes
By Product Type
- Single Electrode Catheters
- Multi-Electrode Catheters
- Non-Invasive Devices
- Other Products
By Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East
- Africa
Who are the key players operating in the industry?
The report covers the major market players including:
· Medtronic plc
· ReCor Medical, Inc.
· Boston Scientific Corporation
· Ablative Solutions, Inc.
· Terumo Corporation
· Johnson & Johnson (Biosense Webster)
· EDAP TMS
· Sound Intervention, Inc.
· Mercator MedSystems, Inc.
· JenaValve Technology
· LivaNova PLC
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