Latest Report Update: May 28, 2021

Finland - Pacemakers For Stimulating Heart Muscles (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Finland: Pacemaker Market Overview 2021

Pacemaker Market Size in Finland

The Finnish pacemaker market surged to $X in 2020, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Pacemaker Exports

Exports from Finland

In 2020, exports of pacemakers for stimulating heart muscles (excl. parts and accessories) from Finland shrank significantly to X units, with a decrease of -X% on the previous year's figure. In general, exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2009 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X units in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, pacemaker exports reduced markedly to $X in 2020. Over the period under review, exports faced a abrupt descent. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2010 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for pacemaker exports from Finland, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Belgium stood at +X%.

In value terms, Belgium ($X) also remains the key foreign market for pacemaker exports from Finland.

From 2007 to 2020, the average annual growth rate of value to Belgium totaled +X%.

Export Prices by Country

The average pacemaker export price stood at $X per unit in 2020, increasing by X% against the previous year. Overall, the export price saw a strong increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2007 to 2020, the rate of growth in terms of prices for Belgium amounted to -X% per year.

Pacemaker Imports

Imports into Finland

In 2020, imports of pacemakers for stimulating heart muscles (excl. parts and accessories) into Finland soared to X units, with an increase of X% against 2019. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pacemaker imports soared to $X in 2020. Over the period under review, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Imports peaked at $X in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X units), Switzerland (X units) and the U.S. (X units) were the main suppliers of pacemaker imports to Finland, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Germany (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pacemaker suppliers to Finland were Germany ($X), Ireland ($X) and Switzerland ($X), with a combined X% share of total imports.

Germany saw the highest growth rate of 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

In 2020, the average pacemaker import price amounted to $X per unit, dropping by -X% against the previous year. Over the period under review, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per unit in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Ireland ($X per unit), while the price for the U.S. ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ireland, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pacemakers for stimulating heart muscles (excl. parts and accessories) in the world?
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The countries with the highest volumes of pacemaker consumption in 2020 were China (4.9M units), the U.S. (3.6M units) and India (2M units), together accounting for 48% of global consumption. Japan, Germany, Mexico, Canada, Democratic Republic of the Congo, Ethiopia, Tanzania, Egypt, Turkey and Poland lagged somewhat behind, together comprising a further 26%.
What are the largest producers of pacemakers for stimulating heart muscles (excl. parts and accessories) in the world?
+
The countries with the highest volumes of pacemaker production in 2020 were China (4.8M units), the U.S. (3.4M units) and India (2M units), with a combined 48% share of global production. Germany, Japan, Mexico, Malaysia, Canada, Democratic Republic of the Congo, Ireland, Ethiopia, Tanzania and Egypt lagged somewhat behind, together comprising a further 27%.
What are the leading suppliers of pacemakers for stimulating heart muscles (excl. parts and accessories) to Finland?
+
In value terms, the largest pacemaker suppliers to Finland were Germany ($2.4M), Ireland ($2.2M) and Switzerland ($1.6M), with a combined 64% share of total imports.
What are the leading importers of pacemakers for stimulating heart muscles (excl. parts and accessories) from Finland?
+
In value terms, Belgium ($37K) remains the key foreign market for pacemaker exports from Finland.
What is the average export price for pacemakers for stimulating heart muscles (excl. parts and accessories) in Finland?
+
In 2020, the average pacemaker export price amounted to $4,406 per unit, jumping by 209% against the previous year.
What is the average import price for pacemakers for stimulating heart muscles (excl. parts and accessories) in Finland?
+
The average pacemaker import price stood at $544 per unit in 2020, reducing by -36.2% against the previous year.

Product coverage:
• Prodcom 26601450 - Pacemakers for stimulating heart muscles (excluding parts and accessories)

This report provides an in-depth analysis of the pacemaker market in Finland. 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 2025.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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