Latest Report Update: May 28, 2021

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

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Slovakia: Pacemaker Market Overview 2021

Pacemaker Market Size in Slovakia

The Slovak pacemaker market contracted modestly to $X in 2020, with a decrease of -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% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Pacemaker consumption peaked at $X in 2009; however, from 2010 to 2020, consumption failed to regain the momentum.

Pacemaker Exports

Exports from Slovakia

In 2020, overseas shipments of pacemakers for stimulating heart muscles (excl. parts and accessories) decreased by -X% to X units, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. As a result, exports attained the peak of X units. From 2014 to 2020, the growth exports failed to regain the momentum.

In value terms, pacemaker exports plummeted to $X in 2020. In general, exports saw a noticeable decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

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

From 2007 to 2020, the average annual growth rate of volume to Ukraine totaled -X%.

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

From 2007 to 2020, the average annual growth rate of value to Ukraine stood at -X%.

Export Prices by Country

In 2020, the average pacemaker export price amounted to $X per unit, which is down by -X% against the previous year. Over the period under review, the export price saw a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per unit. From 2019 to 2020, the growth in terms of the average export prices failed to regain the momentum.

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

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

Pacemaker Imports

Imports into Slovakia

After three years of growth, purchases abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) decreased by -X% to X units in 2020. Overall, total imports indicated a buoyant expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Imports peaked at X units in 2019, and then reduced remarkably in the following year.

In value terms, pacemaker imports expanded markedly to $X in 2020. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2009; however, from 2010 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X units) constituted the largest supplier of pacemaker to Slovakia, accounting for a X% share of total imports. Moreover, pacemaker imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Switzerland (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Germany ($X), Switzerland ($X) and Malaysia ($X) appeared to be the largest pacemaker suppliers to Slovakia, with a combined X% share of total imports.

In terms of the main suppliers, Germany saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pacemaker import price stood at $X per unit in 2020, rising by X% against the previous year. Overall, the import price, however, showed a pronounced shrinkage. Over the period under review, average import prices hit record highs at $X per unit in 2008; however, from 2009 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 Switzerland ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., 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?
+
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. These countries were followed by Japan, Germany, Mexico, Canada, Democratic Republic of the Congo, Ethiopia, Tanzania, Egypt, Turkey and Poland, which together accounted 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), together comprising 48% 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 Slovakia?
+
In value terms, Germany ($3.5M), Switzerland ($3.3M) and Malaysia ($1.8M) appeared to be the largest pacemaker suppliers to Slovakia, together accounting for 72% of total imports.
What are the leading importers of pacemakers for stimulating heart muscles (excl. parts and accessories) from Slovakia?
+
In value terms, Ukraine ($122K) remains the key foreign market for pacemaker exports from Slovakia.
What is the average export price for pacemakers for stimulating heart muscles (excl. parts and accessories) in Slovakia?
+
The average pacemaker export price stood at $1,634 per unit in 2020, declining by -40.5% 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 $2,020 per unit in 2020, increasing by 33% 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 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 2025.


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:
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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