Press release
Renal Denervation Market Expected to Hit USD 3.4 Billion Worth by 2030, Growing at a CAGR of 25.19% | MarkNtel Advisors
A Quick Overview of Renal Denervation Market• Base Year: 2024
• Historical Years: 2020-2023
• Forecast Years: 2025-2030
• Market Growth Rate: 25.19% (2025-2030)
The key object of this report on the Renal Denervation Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
According to the latest report, 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% from 2024 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.
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Market Dynamics:
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.
Renal Denervation Market Report Segmentation:
The report by MarkNtel Advisors on Renal Denervation Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
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
- Among the various technologies used in renal denervation, radiofrequency (RF) technology is currently the dominant segment in the global Renal Denervation Market. RF-based renal denervation systems, including those developed by Medtronic (the Symplicity renal denervation device) and Abbott, are widely recognized for their effectiveness in reducing blood pressure in patients with treatment-resistant hypertension. RF technology works by delivering targeted energy through a catheter to the renal arteries, disrupting the nerve pathways that contribute to high blood pressure.
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
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Some of the Top Renal Denervation Companies in the Market
In the fast-changing Renal Denervation Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top players of the industry 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
• Others
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About US:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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