MarkNtel Advisors recently published a detailed industry analysis of the Global Renal Denervation Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Renal Denervation Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The 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.

Key Findings in Global Renal Denervation Market:

  • Historical Analysis: 2020–2023
  • Base Year: 2024
  • Forecast Period: 2025–2030

Leading Market Players- 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

Key Highlights of the Report

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

What are the major Driver the Global Renal Denervation industry?

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.

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What segments define the Global Renal Denervation Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

By Product Type

    • Catheters - Market Size & Forecast 2020-2030, USD Million
    • RF Generator- Market Size & Forecast 2020-2030, USD Million

According to report, The catheters segment is the dominant product type in the Global Renal Denervation Market, primarily due to their crucial role in delivering treatment.

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

According to report, Among the various technologies used in renal denervation, radiofrequency (RF) technology is currently the dominant segment in the global Renal Denervation Market.

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

Explore the Complete Global Renal Denervation Market Analysis Report – https://www.marknteladvisors.com/research-library/renal-denervation-market.html

Geographical Analysis: Global Renal Denervation Market

 By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

The Global Renal Denervation Industry Recent Development:

  • March 2024: Medtronic received the license of Health Canada for the Symplicity Spyral multi-electrode renal denervation catheter and Symplicity G3 RF generator.
  • November 2023: Otsuka Medical Devices and Recor Medical announced the First FDA-Approved Renal Denervation System for the Treatment of Hypertension.

Key Questions Addressed in This Study

  • What are the primary factors driving the growth of the Global Renal Denervation Market?
  • How is the Global Renal Denervation Market expected to evolve over the next five years?
  • What key insights can be drawn from current trends shaping the market?
  • What is the current market size, and how is it forecasted to change in the coming years?
  • What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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