The
global Renal Denervation Market size is expected to reach
USD 1.03 billion by 2026, according to a new report by the Grand View Research,
Inc. The market is estimated to register a CAGR of 43.2% during the forecast
period. Growing incidences of hypertension, changing lifestyle, and enduring
effect of renal denervation procedure are the key factors driving market.
Increasing
cases of uncontrolled and drug-resistant hypertension are expected to fuel the
demand for renal denervation. As per the data published in November 2016, by
the Centre for Disease Control and Prevention (CDC), about 75 million people in
U.S. have high blood pressure. High blood pressure increases the risk of stroke
and heart disease, a leading cause of deaths in America. Complications of
hypertension causes 9.4 million deaths each year. Furthermore, hypertension is
responsible for at least 51% of deaths due to stroke and 45% of deaths due to
heart disease.
The
renal denervation market in developed economies, such as U.K., France, and
Italy, is comparatively mature owing to the presence of key companies in these
countries and high demand for such products. Europe commanded the largest share
owing to the rise in number of drug-resistant hypertension cases and
technological advancements.
On
the other hand, developing countries of Asia and Latin America are expected to
witness the fastest growth due to economic growth and increased consumer
disposable income. Further, growing elderly population coupled with high
prevalence of diabetes in these region sis anticipated to propel the region’s
development.
Browse
Details of Report @ https://www.grandviewresearch.com/industry-analysis/renal-denervation-devices-market
Further key findings from the report suggest:
- Ultrasound based
renal denervation segment is projected to register a remarkable CAGR of
43.5% over the forecast period as it overcomes the limitation of
radiofrequency devices
- Europe led
the renal denervation market in 2017 due to high number of drug-resistant
hypertension cases and initiatives, such as R&D, for the development
of effective devices
- Asian
countries are estimated to witness the highest growth over the forecast
period, due to increasing target population coupled with rising prevalence
of diabetes
- Developing
countries of China and India are the major drivers of the regional market
due to populations
- Key
companies in the market are Medtronic PLC; Cardiosonic, Inc.; Kona
Medical, Inc.; Abbott Laboratories; Ablative Solutions, Inc.; Renal
Dynamics; Mercator MedSystems, Inc.; ReCor Medical, Inc.; Boston
Scientific Corp.; and Symple Surgical, Inc.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
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