Pacemaker Price June 2022

U.S. Pacemaker Import Price June 2022

The average pacemaker import price stood at $3,741 per unit in June 2022, declining by -7.9% against the previous month. Over the period under review, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in February 2022 an increase of 21% against the previous month. As a result, import price reached the peak level of $4,887 per unit; afterwards, it flattened through to June 2022.

There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was Switzerland ($5,195 per unit), while the price for Germany ($1,158 per unit) was amongst the lowest.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.3%), while the prices for the other major suppliers experienced a decline.

U.S. Pacemaker Imports

In June 2022, purchases abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) decreased by -15.5% to 36K units, falling for the second month in a row after four months of growth. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 with an increase of 20% m-o-m. Imports peaked at 46K units in April 2022; afterwards, it flattened through to June 2022.

In value terms, pacemaker imports fell remarkably to $133M (IndexBox estimates) in June 2022. In general, imports continue to indicate a pronounced contraction. The growth pace was the most rapid in February 2022 with an increase of 22% month-to-month. Imports peaked at $186M in April 2022; however, from May 2022 to June 2022, imports stood at a somewhat lower figure.

U.S. Pacemaker Imports by Country

Singapore (12K units), Ireland (9.8K units) and Switzerland (9.1K units) were the main suppliers of pacemaker imports to the United States, together comprising 86% of total imports. These countries were followed by Malaysia and Germany, which together accounted for a further 14%.

From January 2022 to June 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +4.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pacemaker suppliers to the United States were Ireland ($50M), Switzerland ($47M) and Singapore ($19M), together accounting for 87% of total imports.

Switzerland, with a CAGR of -0.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Source: IndexBox Market Intelligence Platform