Renal denervation is a catheter-based, minimally invasive method of treating hypertension. The renal arteries' nerves are targeted and burned using radiofrequency ablation, which lowers blood pressure by decreasing nerve activity. When blood pressure cannot be effectively controlled with medication, this treatment is usually recommended. In order to reduce sympathetic activity in the kidneys and lower blood pressure, the nerves along the renal artery wall are ablated using radiofrequency pulses or ultrasound.
Market Drivers:
The increasing incidence of hypertension has raised the need for less invasive procedures such as renal denervation, which lowers blood pressure by decreasing nerve activity in the renal arteries. This method provides people with resistant hypertension with an option. The safety and efficacy of renal denervation procedures have been enhanced by technological developments in devices, such as ultrasound systems and catheter-based radiofrequency ablation, which have fueled market expansion. With encouraging clinical trial findings, companies like Medtronic and Recor Medical are spearheading these innovations. Increased funding for studies and clinical trials, such as those presented at the Transcatheter Cardiovascular Therapeutics (TCT) conference, has further stimulated market growth by demonstrating a notable drop in blood pressure in patients having the surgery.
Challenges:
A major obstacle that may restrict patient access to the medication is the absence of broad regulatory approval and uneven reimbursement practices. New gadgets and technology are not being adopted as quickly in some areas due to stricter regulations. Furthermore, even if clinical trials have yielded encouraging results, there is currently a lack of long-term efficacy and safety evidence, which may cause medical professionals to be hesitant to completely embrace renal denervation.
By Region:
The market for renal denervation has grown in North America due to advancements in technology, including better catheter designs and more accurate energy delivery systems, which have enhanced the procedure's efficacy and safety. In order to launch new products, big regional businesses have also undertaken huge R&D investments. The FDA and other regulatory agencies are speeding up the clearance procedure for new renal denervation devices, which supports their efforts.
Global Renal Denervation Market Key Players:
Abbott, Ablative Solutions, Inc., Boston Scientific Corporation, Johnson & Johnson Services, Inc., Medtronic, Mercator MedSystems, Inc., Otsuka Medical Devices Co., Ltd., SympleSurgical, Inc., and others.
Global Renal Denervation Market Segmentation:
By Technology: Based on the Technology, Global Renal Denervation Market is segmented as; Radiofrequency based, Ultrasound based, Micro-Infusion based.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.