Renal Denervation Industry is expected to rise at a solid CAGR of 40.4% over the 2018-2023 forecast period, according to a new research report from Market Research Future (MRFR). The market’s value is expected to rise from USD 200 million in 2017 to USD 2,850 million in 2023.

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Key Players

Leading players in the global Renal Denervation Industry include Boston Scientific, Medtronic, ReCor Medical, St. Jude Medical, Cardiosonic, Cordis, Kona Medical, Sound Intervention, and Terumo.

Segmentation

The global Renal Denervation Industry is segmented on the basis of product, technology, and end use.

By product, the Renal Denervation Industry is segmented into Symplicity, Vessix (V2), EnligHTN, Paradise, Iberis, and others. Symplicity holds the largest market share in the Renal Denervation Industry at present and is likely to remain a leading contributor over the forecast period. However, Paradise is likely to be the fastest growing product segment in the Renal Denervation Industry over the forecast period.

On the basis of technology, the global Renal Denervation Industry is divided into radiofrequency, ultrasound, micro-infusion, and others. Radiofrequency is likely to be the fastest growing segment over the forecast period, eclipsing ultrasound, the largest market segment at present, in terms of growth rate.

By end user, the Renal Denervation Industry is segmented into hospitals, clinics, ambulatory surgical centers, and others. Hospitals are the largest segment in the global Renal Denervation Industry, while ambulatory surgical centers are expected to exhibit the fastest growth over the forecast period.

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Research Methodology

MRFR leverages its in-house expertise for drawing insightful conclusions into the market. Extensive primary and secondary research are undertaken which include SEC filings, interviews with stakeholders across the value chain, whitepaper references, etc. for backing the research findings. Top-down and bottom-up approaches employed validate the authenticity of the statistical observations available in the report. Furthermore, a multi-layer verification process is applied for eliminating deviations and discrepancies.

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