United Kingdom Renal Denervation Market To Grow With Expanding Healthcare Industry
High
investment over advanced medical devices influences United Kingdom Renal
Denervation Market growth.
According
to TechSci report on, “United Kingdom Renal Denervation Market - By
Region, Competition Forecast & Opportunities, 2027”
United Kingdom renal
denervation market may flourish with an impressive CAGR during the forecast
period of 2023-2027, on the backbone of increasing number of patients suffering
from hypertension. Rising instances of high blood pressure among the population
drives the growth od the United Kingdom renal denervation market in the
upcoming five years. Growing instances of therapy resistant hypertension may
also be considered as a key growth factor for the United Kingdom renal
denervation market in the next five years. The population in the United kingdom
are highly inclined toward consumption of junk food and fast food. Online
delivery of the food & groceries adds to the convenience of
the working-class population living a highly sedentary lifestyle. Growing
instances of younger population being involved with heavy alcohol consumption and smoking also fuels the
growing risks of high blood pressure thereby aiding the growth of the United
Kingdom renal denervation market in the future five years.
Renal denervation has shown positive results
in controlling the disastrous cases of therapy resistant hypertension, and the
advantages of the treatment includes permanent effect and completely avoiding
the high blood pressure medications, thus are readily adapted by the patients
and advised by the doctors for the procedure, that substantiates the growth of
the United Kingdom renal denervation market in the forecast years though 2027F.
Technological advancement in the equipment and medical devices such as development
of catheter-based interventional therapies to ablate renal nerve further
facilitate the growth of the United Kingdom renal denervation market in the
forecast period.
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The United Kingdom renal denervation market
is segmented by technology, product, therapeutic area, end user, competitional
landscape, and regional distribution. Based on technology, the market is
further segmented into ultrasound ablation, radiofrequency ablation,
pharmacologic ablation, and micro-infusion. Radiofrequency ablation is
anticipated to hold the largest revenue shares of the market and dominate the
market segment in the upcoming five years due to its advantages like safety of
the procedure and time efficiency. Also, ultrasound ablation is expected to
register significant growth in the next five years on the backbone of high-frequency
sound waves that ablates the nerves without getting in direct contact with the
tissues, thus reducing injuries to the renal arteries.
By product, the market is fragmented into
catheters, single electrode catheter, multi electrode catheter, RF generator,
and others. Catheters are anticipated to lead the market segment and hold the
largest revenue shares of the market in the upcoming five years on the grounds
of traditional use of the medical devices. RF generators may register fastest
growing CAGR in the next five years due to rising instances of radiofrequency
ablation being the most preferred method to treat, that also substantiating the
growth of the United Kingdom renal denervation market in the forecast years
through 2027F.
Based on therapeutic area, the market is
differentiated into hypertension, heart failure, diabetes, renal failure, and
others. Hypertension is anticipated to hold the largest revenue shares of the
market and dominate the market segment in the upcoming five years due to
increasing instances of the disorder among the population. Heart failure may
also hold significant shares of the market due to rising instances of the
cardiovascular diseases rising in the country. Diabetes may register fastest
growth due to sedentary lifestyle among the population and their exceeding
consumption of fast food and junk food consistently.
By end user, the market is further bifurcated
into hospitals & clinics, ambulatory care centers, and other. The market
analysis also studies the regional segmentation to devise regional market
segmentation, divided among London, East Anglia, Southwest, Southeast, Scotland,
East Midlands, and Yorkshire & Humberside.
A partial list of
major market players of the United Kingdom renal denervation market includes:
- Medtronic United Kingdom
- Boston Scientific Limited
- Abbott Laboratories Limited
- CardioSonic Limited
- Terumo UK Limited
- Johnson & Johnson Limited
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“Hospitals
& clinics are anticipated to hold the largest revenue shares of the market
and dominate the market segment in the upcoming five years on the grounds of
increasing patient count suffering from hypertension and high blood pressure
problems. Availability of the medical devices, technology and in-expensive
equipment and healthcare services further fuels the growth of the market,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“United Kingdom Renal Denervation Market By
Technology (Ultrasound Ablation, Radiofrequency Ablation, Pharmacologic Ablation,
Micro-infusion), By Product (Catheters, Single Electrode Catheter, Multi
Electrode Catheter, RF Generator, Others), By Therapeutic Area (Hypertension,
Heart Failure, Diabetes, Renal Failure, Others), By End User (Hospitals &
Clinics, Ambulatory Care Centers, Others), By Region, Competition Forecast
& Opportunities, 2027” has evaluated
the future growth potential of United Kingdom renal denervation market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers, challenges,
and opportunities in United Kingdom renal denervation market.
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