Australia: Pacemaker Market 2024

Pacemaker Market Size in Australia

The Australian pacemaker market declined to $X in 2022, with a decrease of X% against the previous year. Overall, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2017 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Pacemaker Production in Australia

In value terms, pacemaker production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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Pacemaker Exports

Exports from Australia

In 2022, pacemaker exports from Australia soared to X units, with an increase of X% compared with 2021. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, pacemaker exports soared to $X in 2022. Over the period under review, exports saw a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

New Zealand (X units) was the main destination for pacemaker exports from Australia, accounting for a X% share of total exports. Moreover, pacemaker exports to New Zealand exceeded the volume sent to the second major destination, the United States (X units), sixfold. The third position in this ranking was held by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the Netherlands (X% per year).

In value terms, New Zealand ($X), the United States ($X) and the Netherlands ($X) were the largest markets for pacemaker exported from Australia worldwide, together comprising X% of total exports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pacemaker export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price showed a slight curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to New Zealand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pacemaker Imports

Imports into Australia

In 2022, the amount of pacemakers for stimulating heart muscles (excl. parts and accessories) imported into Australia shrank to X units, which is down by X% against the previous year. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, pacemaker imports reduced to $X in 2022. Overall, imports recorded a deep setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Switzerland (X units), Ireland (X units) and Malaysia (X units) were the main suppliers of pacemaker imports to Australia, together accounting for X% of total imports. Germany, the United States, Belgium and Singapore lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pacemaker suppliers to Australia were Switzerland ($X), Ireland ($X) and Malaysia ($X), together comprising X% of total imports. Germany, the United States, Belgium and Singapore lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pacemaker import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($X per unit) and the United States ($X per unit), while the price for Singapore ($X per unit) and Malaysia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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