Germany: Pacemaker Market Overview 2021

Pacemaker Market Size in Germany

The German pacemaker market declined to $X in 2020, reducing by -X% against the previous year. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2013 to 2020, the growth of the market remained at a somewhat lower figure.

Pacemaker Production in Germany

In value terms, pacemaker production contracted to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2019, and then dropped in the following year.

Pacemaker Exports

Exports from Germany

In 2020, the amount of pacemakers for stimulating heart muscles (excl. parts and accessories) exported from Germany reached X units, surging by X% against the year before. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the near future.

In value terms, pacemaker exports declined to $X in 2020. Overall, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X units), Poland (X units) and Italy (X units) were the main destinations of pacemaker exports from Germany, together accounting for X% of total exports. Russia, Brazil, France, China, Spain, the Netherlands, Greece, Argentina, Hungary and Israel lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Russia, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pacemaker exported from Germany were Italy ($X), the U.S. ($X) and France ($X), together comprising X% of total exports.

Italy saw the highest rates of growth with regard to the value of exports, in terms of 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 2020, the average pacemaker export price amounted to $X per unit, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a mild decline. The growth pace was the most rapid in 2012 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per unit. From 2013 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was France ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Pacemaker Imports

Imports into Germany

In 2020, purchases abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, pacemaker imports contracted to $X in 2020. Overall, imports showed a temperate increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

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

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

In value terms, Switzerland ($X) constituted the largest supplier of pacemaker to Germany, comprising X% of total imports. The second position in the ranking was occupied by Ireland ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Switzerland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+X% per year) and Singapore (+X% per year).

Import Prices by Country

The average pacemaker import price stood at $X per unit in 2020, with a decrease of -X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of X% year-to-year. As a result, import price reached the peak level of $X per unit. From 2010 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Ireland ($X per unit), while the price for Singapore ($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), with a combined 48% share 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?

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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. These countries were followed by Germany, Japan, Mexico, Malaysia, Canada, Democratic Republic of the Congo, Ireland, Ethiopia, Tanzania and Egypt, which together accounted for a further 27%.

What are the leading suppliers of pacemakers for stimulating heart muscles (excl. parts and accessories) to Germany?

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In value terms, Switzerland ($209M) constituted the largest supplier of pacemaker to Germany, comprising 54% of total imports. The second position in the ranking was occupied by Ireland ($61M), with a 16% share of total imports. It was followed by Singapore, with a 13% share.

What are the leading importers of pacemakers for stimulating heart muscles (excl. parts and accessories) from Germany?

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In value terms, the largest markets for pacemaker exported from Germany were Italy ($91M), the U.S. ($75M) and France ($64M), together accounting for 32% of total exports.

What is the average export price for pacemakers for stimulating heart muscles (excl. parts and accessories) in Germany?

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In 2020, the average pacemaker export price amounted to $1,478 per unit, shrinking by -19.9% against the previous year.

What is the average import price for pacemakers for stimulating heart muscles (excl. parts and accessories) in Germany?

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The average pacemaker import price stood at $1,276 per unit in 2020, declining by -17% against the previous year.