Asia Pacific Pacemakers Market Overview and Growth by 2027
Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027Asia Pacific Pacemakers Market to 2027 - Regional Analysis and Forecasts By Product Type (Implantable Pacemakers, External Pacemakers) By Technology (Single Chambered, Dual Chambered, and Bi-Ventricular), By End User (Hospitals, Ambulatory Surgical Centers, and Others), and Country
- Report Date : Jul 2019
- Report Code : TIPRE00006297
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 133
The Asia Pacific pacemaker market is expected to reach US$ 2,242.7 Mn in 2027 from US$ 1,030.5 Mn in 2018. The market is projected to grow with a CAGR of 9.2% from 2019-2027.
The growth in the Asia Pacific is characterized by growing geriatric population, increasing incidences of a cardiovascular, sedentary lifestyle, and high accessibility to advanced technologies, growing development of innovative and technologically advanced products and increasing healthcare expenditure
Growing obesity in this region is also likely to grow cardiovascular diseases. Malaysia has the highest obesity rate of 14 % in the South East Asia region, followed by Thailand with 8.8%. Moreover, the obesity rate in Australia and New Zealand is 26.8% and 28.3 % respectively. Furthermore, unhealthy diets are leading to overnutrition and obesity. The impact of fast food is being observed in some countries of the Asia Pacific region. According to UNICEF 2013 report, it estimated that 11 million children under 5 are overweight in the East Asia-Pacific region. Thus, these factors contribute to the growth of cardiovascular diseases and eventually lead to the growth of the pacemaker market.
In addition, during the year 2016 to 2019, various companies have made organic and inorganic growth strategies in the market there are operating. Some of the activities undertaken by the company, which have promoted its growth are product launches, acquisition, and partnership. The organic development strategy has been implemented increasing that have helped the growth of the companies and in turn, have brought about various changes in the market. For instance, in May 2018, Lepu Medical Technology (Beijing) Co Limited, a manufacturer from China, expanded its business into Indian market through an overseas subsidiary company, Lepucare (India) Vascular Solutions. Lepu Medical Technology (Beijing) Co. entered the Indian market through a subsidiary and is likely to explore opportunities for local manufacturing and collaborations.
Japan is expected to witness growth during the forecast owing to the factors such as rise in the geriatric population and product launches by the major market players in Japan is likely to enhance the growth of pacemaker market during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
ASIA PACIFIC PACEMAKER MARKET– MARKET SEGMENTATION
Asia Pacific Pacemaker market – By Product Type
- Implantable Pacemakers
- External Pacemakers
Asia Pacific Pacemaker market – By Technology
- Single Chambered
- Dual Chambered
- Bi-Ventricular
Asia Pacific Pacemaker market – By End User
- Hospitals & Clinics
- Ambulatory Surgery Centers
- Homecares
By Geography
• Asia Pacific
- India
- China
- Japan
- Australia
- South Korea
Company Profiles
- Medtronic
- Abbott
- BIOTRONIK
- LivaNova Plc.
- Boston Scientific Corporation
- Lepu Medical
- MEDICO S.p.A.
- Vitatron Holding B.V.
- OSCOR Inc
- Pacetronix
Asia Pacific Pacemakers Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 1,030.5 Million |
| Market Size by 2027 | US$ 2,242.7 Million |
| Global CAGR (2019 - 2027) | 9.2% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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The List of Companies
- Medtronic
- Abbott
- BIOTRONIK
- LivaNova Plc.
- Boston Scientific Corporation
- Lepu Medical
- MEDICO S.p.A.
- Vitatron Holding B.V.
- OSCOR Inc
- Pacetronix
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