Renal Denervation Systems Market - Forecasts to 2022
Renal Denervation Systems Market by Technology (Ultrasound. RF, Microinfusion), Product (Single Electrode Catheter, Neurve Modifying Agents), Application (Heart Failure, Hypertension, Diabetes), End User (Hospitals, Ambulatory Care)
(EMAILWIRE.COM, November 28, 2018 ) The global renal denervation systems market is poised to witness a steady growth during the forecast period. This is expected to be driven by major factors such as rising prevalence of hypertension, increasing geriatric population, clinical advantages such as fast recovery time with minimal complications, technological advancements to develop alternative technologies. Moreover, increasing clinical trials to validate clinical efficacy of renal denervation and cost effectiveness of the procedure over conventional surgeries are expected to offer high growth opportunities for players active in the global renal denervation systems market.
However, stringent regulatory guidelines for product approval in specific countries are expected to hamper the optimal market growth for renal denervation systems during the forecast period.
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As of 2016, Medtronic, Plc. Boston Scientific Corporation, St. Jude Medical, Inc., ReCor Medical, Inc., Cordis Corporation, and Terumo Corporation are some of the key players present in global renal denervation systems market. Over the past three years, these companies adopted new product development and launches, collaborations, agreements, partnerships, and geographical expansions as their key business strategies to ensure their growth in this market.
Scope of the Report
This research report categorizes renal denervation systems market into the following segments and subsegments:
Renal denervation systems Market, by Technology
Ultrasound Ablation
Radiofrequency Ablation
Pharmacologic Ablation
Microinfusion
Renal denervation systems Market, by Products
Catheters
Single Electrode Catheter
Multi Electrode Catheter
RF Generator
Nerve modifying agents
Renal denervation systems Market, by Disease Application
Hypertension
Heart failure
Diabetes
Renal failure
Other applications
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