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
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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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