Pacemaker Market

Pacemaker market: discover new info empowered by an Ai-driven business intelligence tool. Facts and figures contain market prices, trade, production, companies, consumption, imports, exports, and market size. Here is a split by region, including Africa, the Middle East, EU, Latin America, Russia, the U.S., China, and the U.K. Market trends and forecast to 2030 are also provided in the snapshots.


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Pacemaker - World's Largest Markets

RatingCountry
1China
2United States
3India
4Russia
5Turkey

In value terms, the largest pacemaker markets worldwide were China, the United States and India, together comprising 51% of the global market. These countries were followed by Russia, Turkey, Mexico, Germany, Canada, the UK, Ethiopia, Egypt and France, which together accounted for a further 24%.

In terms of the main consuming countries, Canada (+55.3% per year) saw the highest rates of growth with regard to market size, over the period under review, while pacemaker market for the other global leaders experienced more modest paces of growth.

Pacemaker Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Malaysia875887654-13.5%
Netherlands242525521746-15.2%
Germany192719471920-0.2%
Belgium1810191319754.4%
France2519236327224.0%
Switzerland321128142741-7.6%
Ireland19902132407043.0%
Average1956190419780.6%

Prices varied noticeably by the country of origin; the country with the highest price was Ireland ($4,070 per unit), while Malaysia ($654 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Ireland, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
United States35274255446812.5%
Italy2748282230355.1%
France2811257329632.7%
Ireland14593272261733.9%
Spain20122197250211.5%
United Kingdom211319982011-2.4%
Australia14591657191914.7%
Japan14591415191814.7%
Netherlands176516901709-1.6%
China1623162716270.1%
Belgium1373136416088.2%
Germany160917861516-2.9%
Switzerland196719211223-21.1%
Average1834186520044.5%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($4,468 per unit), while Switzerland ($1,223 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Ireland, while the other global leaders experienced more modest paces of growth.

Pacemaker - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.80.8115.2%
France0.30.20.647.8%
Belgium0.30.50.516.3%
Germany0.40.40.44.2%
Netherlands0.40.50.3-8.4%

In value terms, the United States ($999M), France ($552M) and Belgium ($456M) constituted the countries with the highest levels of imports in 2020, together accounting for 44% of global imports.

France saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Pacemaker - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Switzerland0.80.81.324.2%
Ireland1.211-8.6%
Germany0.70.80.70.2%
Belgium0.50.50.67.2%
Malaysia0.50.60.4-11.6%

In value terms, the largest pacemaker supplying countries worldwide were Switzerland ($1.3B), Ireland ($968M) and Germany ($716M), with a combined 63% share of global exports.

Switzerland recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Pacemaker - Market Forecast

The pacemaker market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.4% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Pacemaker - Top Companies

Fresenius SE & Co. KGaA, Danaher Corporation, Medtronic, Inc., OLYMPUS CORPORATION, St. Jude Medical, LLC, Hologic, Inc., Varian Medical Systems, Inc., CANON MEDEICAL SYSTEMSCO.,LTD., Biomet, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., NIHON KOHDEN CORPORATION, GE Medical Systems Information Technologies, Inc., Carl Zeiss Meditec AG, Johnson & Johnson Surgical Vision, Inc., FUKUDA DENSHI CO.,LTD., Otto Bock Healthcare Products GmbH, Ottobock SE & Co. KGaA, Iconn Orthopedics, LLC, Roche Diabetes Care GmbH, Medtronic Minimed, Inc.

Pacemaker - Product Coverage

  • HS 902150 - Pacemakers; for stimulating heart muscles (excluding parts and accessories)
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World - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global pacemaker market.

South-Eastern Asia - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pacemaker market in South-Eastern Asia.

Latin America and the Caribbean - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pacemaker market in Latin America and the Caribbean.

Middle East - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pacemaker market in the Middle East.

Northern America - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pacemaker market in Northern America.

Eastern Asia - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pacemaker market in Eastern Asia.

Southern Asia - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pacemaker market in Southern Asia.

Australia and Oceania - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pacemaker market in Australia and Oceania.

Africa - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pacemaker market in Africa.

Central Asia - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pacemaker market in Central Asia.

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