U.S. - Pacemakers For Stimulating Heart Muscles (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPacemaker Price in the United States - 2023
Contents:
- Pacemaker Price in the United States (CIF) - 2023
- Pacemaker Price in the United States (FOB) - 2023
- Pacemaker Imports in the United States
- Pacemaker Exports in the United States
Pacemaker Price in the United States (CIF) - 2023
The average pacemaker import price stood at $4,280 per unit in October 2023, growing by 3.3% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 15% m-o-m. Over the period under review, average import prices reached the maximum at $4,530 per unit in December 2022; afterwards, it flattened through to October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($6,052 per unit), while the price for Germany ($1,310 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Pacemaker Price in the United States (FOB) - 2023
The average pacemaker export price stood at $1,991 per unit in October 2023, standing approximately at the previous month. In general, export price indicated a temperate expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, pacemaker export price increased by +51.5% against August 2023 indices. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 50% against the previous month. The export price peaked at $2,069 per unit in July 2023; afterwards, it flattened through to October 2023.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was India ($2,570 per unit), while the average price for exports to Switzerland ($548 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Pacemaker Imports in the United States
For the fourth consecutive year, the United States recorded growth in purchases abroad of pacemakers for stimulating heart muscles (excl. parts and accessories), which increased by 9% to 483K units in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 98% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, pacemaker imports soared to $2B in 2022. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 55% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Pacemaker in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 686 | 592 | 716 | 863 | 8.0% |
| Switzerland | 24.4 | 374 | 516 | 637 | 196.7% |
| Singapore | 0.3 | 0.5 | 211 | 249 | 839.8% |
| Malaysia | 12.3 | 8.7 | 74.0 | 211 | 157.9% |
| Germany | 28.3 | 22.4 | 31.6 | 23.6 | -5.9% |
| Others | 2.4 | 1.7 | 3.2 | 4.4 | 22.4% |
| Total | 754 | 999 | 1,552 | 1,987 | 38.1% |
Top Suppliers of Pacemaker to the United States in 2022:
- Ireland (151.9K units)
- Singapore (147.9K units)
- Switzerland (113.4K units)
- Malaysia (44.8K units)
- Germany (23.1K units)
Pacemaker Exports in the United States
In 2022, approx. 149K units of pacemakers for stimulating heart muscles (excl. parts and accessories) were exported from the United States; increasing by 34% against the year before. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 107% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, pacemaker exports soared to $234M in 2022. Over the period under review, exports enjoyed buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 117% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Pacemaker in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 101 | 37.7 | 109 | 174 | 19.9% |
| Switzerland | 7.3 | 23.3 | 29.6 | 35.8 | 69.9% |
| China | 2.9 | 0.1 | 11.0 | 11.5 | 58.3% |
| Germany | 2.8 | 2.0 | 1.8 | 3.4 | 6.7% |
| Others | 26.9 | 13.1 | 13.9 | 8.7 | -31.4% |
| Total | 141 | 76.3 | 166 | 234 | 18.4% |
Top Export Markets for Pacemaker from the United States in 2022:
- Belgium (74.9K units)
- Switzerland (62.7K units)
- Germany (4.7K units)
- China (2.8K units)
This report provides an in-depth analysis of the pacemaker market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26601450 - Pacemakers for stimulating heart muscles (excluding parts and accessories)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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From May 2023 to December 2023, the growth of imports for Pacemakers failed to regain momentum. In value terms, Pacemaker imports increased to $177M in December 2023.
380
The average pacemaker import price stood at $3,680 per unit in July 2022, reducing by -1.6% against the previous month.
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