Latest Report Update: May 28, 2021

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

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Luxembourg: Pacemaker Market Overview 2021

Pacemaker Market Size in Luxembourg

The Luxembourg pacemaker market expanded significantly to $X in 2020, picking up 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). The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Pacemaker Exports

Exports from Luxembourg

In 2020, exports of pacemakers for stimulating heart muscles (excl. parts and accessories) from Luxembourg declined markedly to X units, falling by -X% against 2019 figures. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% year-to-year. As a result, exports reached the peak of X units, and then fell markedly in the following year.

In value terms, pacemaker exports reduced dramatically to $X in 2020. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2019 when exports increased by X% year-to-year. As a result, exports reached the peak of $X, and then plummeted in the following year.

Exports by Country

France (X units), the Netherlands (X units) and Belgium (X units) were the main destinations of pacemaker exports from Luxembourg.

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

In value terms, France ($X) remains the key foreign market for pacemaker exports from Luxembourg, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average pacemaker export price stood at $X per unit in 2020, surging by X% against the previous year. In general, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, export price attained the peak level of $X per unit. From 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per unit), while the average price for exports to the Netherlands ($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 Belgium, while the prices for the other major destinations experienced a decline.

Pacemaker Imports

Imports into Luxembourg

After four years of growth, purchases abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) decreased by -X% to X units in 2020. Over the period under review, total imports indicated a pronounced increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2019, and then declined in the following year.

In value terms, pacemaker imports reached $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

Belgium (X units), the U.S. (X units) and the Netherlands (X units) were the main suppliers of pacemaker imports to Luxembourg, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in the U.S., while purchases for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

In 2020, the average pacemaker import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, showed a slight reduction. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Switzerland, 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 accounting for 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 Luxembourg?
+
In value terms, Belgium ($934K) constituted the largest supplier of pacemaker to Luxembourg, comprising 41% of total imports. The second position in the ranking was occupied by the Netherlands ($455K), with a 20% share of total imports. It was followed by Switzerland, with a 19% share.
What are the leading importers of pacemakers for stimulating heart muscles (excl. parts and accessories) from Luxembourg?
+
In value terms, France ($13K) remains the key foreign market for pacemaker exports from Luxembourg, comprising 81% of total exports. The second position in the ranking was occupied by Belgium ($2.2K), with a 14% share of total exports.
What is the average export price for pacemakers for stimulating heart muscles (excl. parts and accessories) in Luxembourg?
+
In 2020, the average pacemaker export price amounted to $5,203 per unit, picking up by 350% against the previous year.
What is the average import price for pacemakers for stimulating heart muscles (excl. parts and accessories) in Luxembourg?
+
In 2020, the average pacemaker import price amounted to $2,415 per unit, rising by 8.7% 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 Luxembourg. 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:
• Luxembourg

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Luxembourg
• 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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