Report Update Apr 1, 2024

Slovakia - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Pacemaker Market 2024

Pacemaker Market Size in Slovakia

The Slovak pacemaker market fell rapidly to $X in 2022, dropping 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 faced a deep contraction. Pacemaker consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Pacemaker Exports

Exports from Slovakia

In 2022, overseas shipments of pacemakers for stimulating heart muscles (excl. parts and accessories) decreased by X% to X units, falling for the fifth consecutive year after two years of growth. In general, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, pacemaker exports reduced sharply to $X in 2022. Overall, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

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

From 2013 to 2022, the average annual growth rate of volume to Ukraine totaled X%.

In value terms, Ukraine ($X) also remains the key foreign market for pacemakers for stimulating heart muscles (excl. parts and accessories) exports from Slovakia.

From 2013 to 2022, the average annual rate of growth in terms of value to Ukraine totaled X%.

Export Prices by Country

The average pacemaker export price stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price, however, saw a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Lithuania amounted to X% per year.

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Pacemaker Imports

Imports into Slovakia

For the third consecutive year, Slovakia recorded decline in purchases abroad of pacemakers for stimulating heart muscles (excl. parts and accessories), which decreased by X% to X units in 2022. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, pacemaker imports fell sharply to $X in 2022. Over the period under review, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), the Netherlands (X units) and Belgium (X units) were the main suppliers of pacemaker imports to Slovakia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced a decline.

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

The Netherlands, with a CAGR of X%, recorded 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 a decline.

Import Prices by Country

The average pacemaker import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pacemakers for stimulating heart muscles (excl. parts and accessories) in the world?

The countries with the highest volumes of consumption in 2023 were the United States, India and Nigeria, together accounting for 32% of global consumption. Indonesia, Germany, Malaysia, Mexico, the UK, Turkey, Ethiopia, Saudi Arabia, Democratic Republic of the Congo and Iran lagged somewhat behind, together accounting for a further 34%.

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 production in 2022 were the United States, India and Nigeria, together accounting for 30% of global production. Malaysia, Indonesia, Germany, Mexico, the Netherlands, Ethiopia, Turkey, Switzerland, Saudi Arabia and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 37%.

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

In value terms, Germany, Belgium and the Netherlands were the largest pacemaker suppliers to Slovakia, together comprising 90% of total imports.

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

In value terms, Ukraine remains the key foreign market for pacemakers for stimulating heart muscles excl. parts and accessories) exports from Slovakia.

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

In 2022, the average pacemaker export price amounted to $2,202 per unit, reducing by -35.9% against the previous year.

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

The average pacemaker import price stood at $14,253 per unit in 2022, growing by 47% against the previous year.

This report provides an in-depth analysis of the pacemaker market in Slovakia. 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 2030.

Product coverage:

Prodcom 26601450 - Pacemakers for stimulating heart muscles (excluding parts and accessories)

Country coverage:

Slovakia

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023