Germany: Pacemaker Market Overview 2020

Pacemaker Market Size in Germany

The revenue of the pacemaker market in Germany amounted to $X in 2018, falling by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Pacemaker consumption peaked at $X in 2017, and then declined slightly in the following year.

Pacemaker Production in Germany

In value terms, pacemaker production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when production volume increased by X% against the previous year. In that year, pacemaker production attained its peak level of $X, and then declined slightly in the following year.

Pacemaker Exports

Exports from Germany

Pacemaker exports from Germany amounted to X units in 2018, increasing by X% against the previous year. Overall, pacemaker exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, pacemaker exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, pacemaker exports stood at $X in 2018. In general, pacemaker exports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Exports peaked at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

Italy (X units), the U.S. (X units) and Poland (X units) were the main destinations of pacemaker exports from Germany, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Poland, while the other leaders experienced more modest paces of growth.

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

Australia recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average pacemaker export price amounted to $X per unit, going down by -X% against the previous year. In general, the pacemaker export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. In that year, the average export prices for pacemakers for stimulating heart muscles (excl. parts and accessories) attained their peak level of $X per unit. From 2013 to 2018, the growth in terms of the average export prices for pacemakers for stimulating heart muscles (excl. parts and accessories) remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per unit), while the average price for exports to Argentina ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced more modest paces of growth.

Pacemaker Imports

Imports into Germany

Pacemaker imports into Germany totaled X units in 2018, jumping by X% against the previous year. Over the period under review, pacemaker imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at X units in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, pacemaker imports stood at $X in 2018. In general, pacemaker imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, pacemaker imports reached their maximum at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Singapore (X units) constituted the largest supplier of pacemaker to Germany, with a X% share of total imports. Moreover, pacemaker imports from Singapore exceeded the figures recorded by the second-largest supplier, Switzerland (X units), twofold. The third position in this ranking was occupied by Ireland (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Singapore stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+X% per year) and Ireland (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from Switzerland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and the U.S. (-X% per year).

Import Prices by Country

The average pacemaker import price stood at $X per unit in 2018, falling by -X% against the previous year. In general, the import price indicated a slight increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pacemaker import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2009 when the average import price increased by X% y-o-y. In that year, the average import prices for pacemakers for stimulating heart muscles (excl. parts and accessories) attained their peak level of $X per unit. From 2010 to 2018, the growth in terms of the average import prices for pacemakers for stimulating heart muscles (excl. parts and accessories) failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform