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Renal Denervation Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 143 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5901553
Description Jump to:
The global renal denervation systems market size reached US$ 318 Million in 2022. Looking forward, the publisher expects the market to reach US$ 2,362 Million by 2028, exhibiting a growth rate (CAGR) of 39.7% during 2022-2028.

Renal denervation (RDN) is an interventional procedure that involves a catheter-based ablation of the sympathetic nerves within the renal artery wall. It maximizes nerve disruption, lowers renin secretion, stimulates natriuresis, and improves renal hemodynamics or blood flow. As a result, RDN systems are extensively used to treat refractory hypertension cases wherein optimal therapy cannot provide relief to the patients.

A significant rise in the prevalence of lifestyle diseases, such as hypertension, on account of the increasing number of individuals who smoke and consume alcohol, rising unhealthy dietary patterns, sedentary and hectic lifestyles, and the growing geriatric population represents, one of the key factors strengthening market growth. Apart from this, the advantages associated with the RDN system, such as fast recovery, safety, time efficiency and cost-effectiveness, are acting as another major growth-inducing factor. Furthermore, the escalating demand for minimally invasive (MI) surgery is also contributing to the growth of the market. The introduction of micro-infusion technology, improving healthcare infrastructure, increasing research and development (R&D) activities and the rising number of filings for regulatory approvals of the systems, are also creating a positive influence on the market growth. Although, a decline in the hospital visits and rescheduling of elective health procedures due to the surging cases of the coronavirus disease (COVID-19) have impacted the market growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global renal denervation systems market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, product, technology, application and end user.

Breakup by Product Type:

  • Catheters
  • Single Electrode Catheter
  • Multi Electrode Catheter
  • RF Generator
  • Nerve Modifying Agents

Breakup by Product:

  • Symplicity
  • Vessix (V2)
  • EnligHTN
  • Paradise
  • Iberis
  • Others

Breakup by Technology:

  • Ultrasound Ablation
  • Radiofrequency Ablation
  • Microinfusion

Breakup by Application:

  • Hypertension
  • Cardiac Disorders
  • Diabetes
  • Renal Failure
  • Others

Breakup by End User:

  • Diagnostic Centers and Hospitals
  • Ambulatory Care Centers
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Boston Scientific Group, Kona Medical Inc., Medtronic Plc, Mercator MedSystems, ReCor Medical Inc. (Otsuka Holdings Co. Ltd.), Renal Dynamics, St. Jude Medical Inc. (Abbott) and Terumo Corporation.

Key Questions Answered in This Report:

  • How has the global renal denervation systems market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global renal denervation systems market?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global renal denervation systems market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Renal Denervation Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Catheters
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Single Electrode Catheter
6.1.2.2 Multi Electrode Catheter
6.1.3 Market Forecast
6.2 RF Generator
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Nerve Modifying Agents
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Product
7.1 Symplicity
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Vessix (V2)
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 EnligHTN
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Paradise
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Iberis
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Technology
8.1 Ultrasound Ablation
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Radiofrequency Ablation
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Microinfusion
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 Hypertension
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Cardiac Disorders
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Diabetes
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Renal Failure
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by End User
10.1 Diagnostic Centers and Hospitals
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Ambulatory Care Centers
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Others
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Boston Scientific Group
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Kona Medical Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 Medtronic Plc
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Mercator MedSystems
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 ReCor Medical Inc. (Otsuka Holdings Co. Ltd.)
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 Renal Dynamics
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7 St. Jude Medical Inc. (Abbott)
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Terumo Corporation
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
List of Figures
Figure 1: Global: Renal Denervation Systems Market: Major Drivers and Challenges
Figure 2: Global: Renal Denervation Systems Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Renal Denervation Systems Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Renal Denervation Systems Market: Breakup by Product (in %), 2022
Figure 5: Global: Renal Denervation Systems Market: Breakup by Technology (in %), 2022
Figure 6: Global: Renal Denervation Systems Market: Breakup by Application (in %), 2022
Figure 7: Global: Renal Denervation Systems Market: Breakup by End User (in %), 2022
Figure 8: Global: Renal Denervation Systems Market: Breakup by Region (in %), 2022
Figure 9: Global: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Renal Denervation Systems (Catheters) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Renal Denervation Systems (Catheters) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Renal Denervation Systems (RF Generator) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Renal Denervation Systems (RF Generator) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Renal Denervation Systems (Nerve Modifying Agents) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Renal Denervation Systems (Nerve Modifying Agents) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Renal Denervation Systems (Symplicity) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Renal Denervation Systems (Symplicity) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Renal Denervation Systems (Vessix- V2) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Renal Denervation Systems (Vessix- V2) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Renal Denervation Systems (EnligHTN) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Renal Denervation Systems (EnligHTN) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Renal Denervation Systems (Paradise) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Renal Denervation Systems (Paradise) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Renal Denervation Systems (Iberis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Renal Denervation Systems (Iberis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Renal Denervation Systems (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Renal Denervation Systems (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Renal Denervation Systems (Ultrasound Ablation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Renal Denervation Systems (Ultrasound Ablation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Renal Denervation Systems (Radiofrequency Ablation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Renal Denervation Systems (Radiofrequency Ablation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Renal Denervation Systems (Microinfusion) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Renal Denervation Systems (Microinfusion) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Renal Denervation Systems (Hypertension) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Renal Denervation Systems (Hypertension) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Renal Denervation Systems (Cardiac Disorders) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Renal Denervation Systems (Cardiac Disorders) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Renal Denervation Systems (Diabetes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Renal Denervation Systems (Diabetes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Renal Denervation Systems (Renal Failure) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Renal Denervation Systems (Renal Failure) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Renal Denervation Systems (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Renal Denervation Systems (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Renal Denervation Systems (Diagnostic Centers and Hospitals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Renal Denervation Systems (Diagnostic Centers and Hospitals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Renal Denervation Systems (Ambulatory Care Centers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Renal Denervation Systems (Ambulatory Care Centers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Global: Renal Denervation Systems (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Global: Renal Denervation Systems (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: North America: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: North America: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: United States: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: United States: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Canada: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Canada: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Asia Pacific: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Asia Pacific: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: China: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: China: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Japan: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Japan: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: India: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: India: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: South Korea: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: South Korea: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Australia: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Australia: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Indonesia: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Indonesia: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Europe: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Europe: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Germany: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Germany: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: France: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: France: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: United Kingdom: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: United Kingdom: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Italy: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Italy: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Spain: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Spain: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Russia: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Russia: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Others: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Others: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Latin America: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Latin America: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Brazil: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Brazil: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Mexico: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Mexico: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Others: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Others: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 96: Middle East and Africa: Renal Denervation Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 97: Middle East and Africa: Renal Denervation Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 98: Global: Renal Denervation Systems Industry: SWOT Analysis
Figure 99: Global: Renal Denervation Systems Industry: Value Chain Analysis
Figure 100: Global: Renal Denervation Systems Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Renal Denervation Systems Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Renal Denervation Systems Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Renal Denervation Systems Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 4: Global: Renal Denervation Systems Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 5: Global: Renal Denervation Systems Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Renal Denervation Systems Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 7: Global: Renal Denervation Systems Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Renal Denervation Systems Market Structure
Table 9: Global: Renal Denervation Systems Market: Key Players

Companies Mentioned

  • Boston Scientific Group
  • Kona Medical Inc.
  • Medtronic Plc
  • Mercator MedSystems
  • ReCor Medical Inc. (Otsuka Holdings Co. Ltd.)
  • Renal Dynamics
  • St. Jude Medical Inc. (Abbott) and Terumo Corporation

Methodology

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Table Information

Report AttributeDetails
No. of Pages143
PublishedNovember 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 318 Million
Forecasted Market Value ( USD ) by 2028 $ 2362 Million
Compound Annual Growth Rate39.7%
Regions CoveredGlobal
No. of Companies Mentioned7

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