The Pacemakers market was valued at US$ 5,485.4 million in 2018 and it is projected to reach US$ 10,908.0 million by 2027; it is expected to grow at a CAGR of 8.1% from 2019 to 2027.
Pacemakers are battery operated medical devices that are placed in the chest or abdomen and help in regularizing the heart beats. Pacemakers are advised for medical conditions such as, bradycardia and heart block. A pacemaker is also suggested for the geriatric population, as normal aging of the heart may disrupt the normal heart rate, making it beat too slowly. Certain pacemakers also come along with sensors that detect body motion or breathing rate, and signals the pacemaker to increase heart rate during exercise to meet the body's increased need for blood and oxygen. The growth of the Pacemakers market is attributed to the increasing burden of cardiovascular diseases, neurological disorders & hearing disorders, increasing technological advancements, and large pool of geriatric population. Additionally, the future trends such as product innovations is likely to increase the growth of the pacemakers market in the forecasted period.
The Pacemakers market is expected to witness substantial growth post-pandemic. The Pacemakers market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide. However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement. Additionally, virtual consultations by healthcare professionals are expected to become the mainstream care delivery model post-pandemic. With telehealth transforming care delivery, digital health will continue to thrive in coming years. In addition, disrupted clinical trials and the subsequent delay in drug launches is also expected to pave the way for entirely virtual trials in the future. New technologies such as mRNA is expected to emerge and shift the pharmaceutical industry and market is also expected to witness more vertical integration and joint ventures in coming years.
Lucrative Regions for Pacemakers market
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Market Insights
Growing Applications of Pacemakers in Healthcare to Drive Pacemakers market Growth
The increasing technological advancements have opened more opportunities of developing new and innovative medical implantable pacemakers with advanced electrical properties that can improve diagnosis and treatment of previously intractable conditions such as, cardiovascular diseases that includes cardiac arrhythmia, atrial fibrillation and others. A pacemaker is an electronic device designed to produce electrical impulses to stimulate the heart when normal physiological stimulation fails.
In 2017, according to the World health organization, the increasing prevalence of cardiovascular diseases is the major cause of death all over the world. Moreover, it was mentioned that 17.9 million people across the globe died due to cardiovascular diseases in 2016. Cardiovascular disease is one of the leading causes of morbidity and mortality and is responsible for 30% of worldwide mortality, according to the World Health Organization. Moreover, according to the Centers of Disease Control and Prevention, Coronary heart disease (CHD) is the most common type of heart disease, killing over 370,000 people annually.
Furthermore, according to the American Heart Association, in 2016, Coronary Heart Disease was the leading cause (43.2%) of deaths attributable to cardiovascular disease in the US, followed by stroke (16.9%), High Blood Pressure (9.8%), Heart Failure (9.3%), diseases of the arteries (3.0%), and other cardiovascular diseases (17.7%). Moreover, the Global Burden of Disease study in 2016 estimates that age-standardized CVD death rate due to cardiovascular diseases is 272 per 100 000 population in India is higher than the global average of 235 per 100 000 population.
Thus, such high prevalence of cardiovascular diseases globally is anticipated to lead the market growth in the coming years.
In an aging society where chronic conditions such as cardiovascular diseases is a leading factor in the health system, technical advancements are necessary to preserve the quality of life through keeping the affordable prices. Electronic implants are playing a pioneering role that help to detect specific medical parameters. Additionally, these implants are able to take immediately autonomous therapeutic measures, combining diagnosis and treatment in a single system.
Electronic medical implant is an emerging field in the medical industry and has led to various developments of the products, in the field of cardiology, neurology and otology. Many of the market players are developing novel products in order to minimize the burden of cardiovascular diseases, neurological disorders and hearing disorders. For instance, Boston Scientific Corporation in September 2017, launched the Resonate family of Implantable Cardioverter Defibrillator (ICD) and cardiac resynchronization therapy defibrillator (CRT-D) systems. This product is powered by EnduraLife battery technology, which has double battery capacity as compared to other devices.
Thus increasing the longevity of devices and managing heart failure more efficiently. Similarly, in November 2017, Medtronic launched Azure pacemakers with BlueSync technology that increases the life of the pacemakers, thus reducing the number of device replacements.
It also enables to secure and automatic wireless data transmission to physicians. Therefore, the pacemakers market is anticipated to grow due to technological advancements and rapid product launches.
The high growth of the market is anticipated on account of the rising global geriatric population. In both males as well as females, the risk of cardiovascular diseases increases with increase in age. Increasing age makes the blood vessels less flexible and reduction in blood flow. Thus, the risk of heart disease is high in elder population. Also, according to the Heart Disease and Stroke Statistics 2018, average age at the first heart attack is 65.6 years for males and 72.0 years for females. It also mentioned that annual incidence of heart attack in the US is 720,000 new attacks and 335,000 recurrent attacks.
According to a report of United Nation (2017), there were approximately 962 million people aged 60 or over across the globe in 2017 and was projected to reach to 425 million by 2050. The number of geriatric population is expected to grow significantly in Africa followed by North America, Latin America & the Caribbean, and Asia Pacific region.
The elderly people are more likely to have diabetes than younger people, and the effect of the disease on quality of life is particularly deep in this population. With increase in the number of geriatric population, the prevalence of the cardiovascular diseases has increased. Therefore, the demand of pacemakers market are expected to increase in the forecast period. Hence, the increasing global geriatric population is likely to boost the market growth during the forecast period.
Product Type-Based Insights
In terms of product type, the Pacemakers market is segmented into implantable pacemakers, external pacemakers. In 2018, the implantable pacemakers segment held the largest share of the market, by product type. Moreover, the same segment of pacemakers market is also expected to witness growth in its demand at a fastest CAGR of 8.4% during 2019 to 2027.
Pacemakers market, by Product Type – 2019 and 2027
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Technology-Based Insights
Based on application, the Pacemakers market is segmented into single, chambered, dual chambered, and bi-ventricular. In 2018, the single chambered segment held the largest share of the market, by technology. Moreover, the same segment of pacemakers market is also expected to witness growth in its demand at a fastest CAGR of 8.2% during 2019 to 2027.
End User-Based Insights
In terms of end user, the Pacemakers market is segmented into hospitals, ambulatory surgical centers, and others. In 2018, the hospitals segment held the largest share of the market, by end user. In addition, the segment is also expected to grow at the fastest rate during the coming years owing to the advantages of the hospitals segments.
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Pacemakers Market: Strategic Insights
Market Size Value in US$ 5,485.4 Million in 2018 Market Size Value by US$ 10,908.0 Million by 2027 Growth rate CAGR of 8.1% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Pacemakers Market: Strategic Insights
| Market Size Value in | US$ 5,485.4 Million in 2018 |
| Market Size Value by | US$ 10,908.0 Million by 2027 |
| Growth rate | CAGR of 8.1% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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The Pacemakers market players are adopting the product launch and expansion strategies to cater to changing customer demands worldwide, which also allows them to maintain their brand name globally.
Pacemakers market – by Product Type
- Implantable Pacemakers
- External Pacemaker
Pacemakers market – by Technology
- Single Chambered
- Dual Chambered
- Bi-Ventricular
Pacemakers market – by End User
- Hospitals
- Ambulatory Surgical Centres
- Others
Pacemakers market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America and Central America (SCAM)
- Brazil
- Argentina
- Rest of SCAM
Company Profiles
- Medico S.p.A.
- Vitatron
- Abbott
- Medtronic
- OSCOR
- LivaNova Plc
- Abiomed
- Boston Scientific Corporation
- Biotronik
- Zimmer Biomet
- Lepu Medical
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type By Technology , By End User and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
1. INTRODUCTION
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 market segmentation
1.3.1 Global Pacemakers Market – By Product Type
1.3.2 Global Pacemakers Market – By Technology
1.3.3 Global Pacemakers Market – By End User
1.3.4 Global Pacemakers Market – By Geography
2. Global Pacemakers market – Key takeaways
3. research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global pacemakers market – market landscape
4.1 overview
4.2 pest analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe– PEST Analysis
4.2.3 Asia Pacific– PEST Analysis
4.2.4 Middle East & Africa– PEST Analysis
4.2.5 South and Central America – PEST Analysis
5. Global Pacemakers market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Burden of Cardiovascular Diseases
5.1.2 Increasing Technological Advancements
5.1.3 Large Pool of Geriatric Population
5.2 Key Market Restraints
5.2.1 High Cost of Implantation Procedures
5.2.2 Product Recalls for Pacemakers
5.3 Key Market Opportunities
5.3.1 Growing Healthcare Market In The Developing Economies
5.4 Future Trends
5.4.1 Product Innovations
5.5 Impact analysis
6. Pacemakers market – Global Analysis
6.1 global Pacemakers market Revenue Forecasts and Analysis
6.2 global Pacemakers market, By Geography - Forecasts and Analysis
6.3 PERFORMANCE OF KEY PLAYERS
6.3.1 Abbott (St. Jude Medical, Inc.)
6.3.2 Medtronic
6.4 Profit Margin Analysis
7. pacemakers market Analysis and forecasts to 2027 – regulatory scenario
7.1 north america
7.1.1 US
7.1.2 Canada
7.1.3 Mexico
7.2 Europe
7.3 ASia Pacific
7.3.1 Japan
7.3.2 China
7.3.3 India
7.4 middle east & africa
7.4.1 Saudi Arabia
7.4.2 South Africa
8. pacemakers market Analysis and forecasts to 2027 – product Type
8.1 Overview
8.2 GLOBAL pacemakers MARKET BY product, 2018 & 2027 (%)
8.3 Implantable Pacemakers Market
8.3.1 Overview
8.3.2 Implantable Pacemakers Market Revenue and Forecast to 2027 (US$ Mn)
8.4 External Pacemakers Market
8.4.1 Overview
8.4.2 External Pacemakers Market Revenue and Forecast to 2027 (US$ Mn)
9. pacemakers market Analysis and forecasts to 2027 – technology
9.1 Overview
9.2 GLOBAL pacemakers MARKET BY technology, 2018 & 2027 (%)
9.3 Single Chambered Market
9.3.1 Overview
9.3.2 Single-Chambered Market Revenue and Forecast to 2027 (US$ Mn)
9.4 Dual-Chambered Market
9.4.1 Overview
9.4.2 Dual-Chambered Market Revenue and Forecast to 2027 (US$ Mn)
9.5 Bi-Ventricular Market
9.5.1 Overview
9.5.2 Bi-Ventricular Market Revenue and Forecast to 2027 (US$ Mn)
10. Global pacemakers market analysis– by end user
10.1 overview
10.2 GLOBAL pacemakers MARKET BY end user, 2018 & 2027 (%)
10.3 hospitals
10.3.1 Overview
10.3.2 Global Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)
10.4 Ambulatory surgical Centres
10.4.1 Overview
10.4.2 Global Ambulatory Surgical Centres Market Revenue and Forecasts to 2027 (US$ Mn)
10.5 Others
10.5.1 Overview
10.5.2 Global Others Market Revenue and Forecasts to 2027 (US$ Mn)
11. PACEMAKERS MARKET REVENUE AND FORECASTS TO 2027 – GEOGRAPHICAL ANALYSIS
11.1 north america Pacemakers market
11.1.1 Overview
11.1.2 North America Pacemakers Market Revenue And Forecasts to 2027 (US$ Mn)
11.1.3 North America Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.1.4 North America Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.1.5 North America Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.1.6 North America Pacemakers Market Revenue and Forecasts to 2027, By Country (%)
11.1.7 US Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.8 US Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.8.1 US Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.1.8.2 US Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.1.8.3 US Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.1.9 Canada Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.10 Canada Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.10.1 Canada Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.1.10.2 Canada Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.1.10.3 Canada Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.1.11 Mexico Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.12 Mexico Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.12.1 Mexico Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.1.12.2 Mexico Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.1.12.3 Mexico Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.2 Europe Pacemakers market
11.2.1 Overview
11.2.2 Europe Pacemakers Market Revenue Overview, by Country (2017) (US$ Mn)
11.2.3 Europe Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.4 Europe Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.2.5 Europe Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.2.6 Europe Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.2.7 Europe Pacemakers Market Revenue and Forecasts to 2027, By Country (%)
11.2.8 Germany Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.9 Germany Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.9.1 Germany Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.2.9.2 Germany Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.2.9.3 Germany Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.2.10 UK Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.11 UK Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.11.1 UK Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.2.11.2 UK Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.2.11.3 UK Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.2.12 France Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.13 France Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.13.1 France Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.2.13.2 France Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.2.13.3 France Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.2.14 Italy Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.15 Italy Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.15.1 Italy Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.2.15.2 Italy Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.2.15.3 Italy Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.2.16 Spain Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.17 Spain Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.2.17.1 Spain Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.2.17.2 Spain Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.2.17.3 Spain Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.3 Asia PAcific Pacemakers market
11.4 Asia Pacific PACEMAKERS Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.1 Asia Pacific Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.4.2 Asia Pacific Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.4.3 Asia Pacific Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.4.4 Asia Pacific Pacemakers Market Revenue and Forecasts to 2027, By Country (%)
11.4.5 Japan Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.6 Japan Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.6.1 Japan Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.4.6.2 Japan Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.4.6.3 Japan Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.4.7 China Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.8 China Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.8.1 China Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.4.8.2 China Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.4.8.3 China Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.4.8.4 India Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.9 India Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.9.1 India Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.4.9.2 India Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.4.9.3 India Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.4.10 Australia Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.11 Australia Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.11.1 Australia Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.4.11.2 Australia Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.4.11.3 Australia Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.4.11.4 South Korea Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.11.5 South Korea Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.4.11.6 South Korea Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.4.11.7 South Korea Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.4.11.8 South Korea Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.5 Middle East & Africa Pacemakers market
11.5.1 Middle East & Africa Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.2 Middle East and Africa Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.5.3 Middle East and Africa Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.5.4 Middle East and Africa Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.5.5 Middle East & Africa Pacemakers market Revenue and Forecasts to 2027, By Country (%)
11.5.6 UAE Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.7 UAE Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.7.1 UAE Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.5.7.2 UAE Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.5.7.3 UAE Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.5.8 Saudi Arabia Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.9 Saudi Arabia Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.9.1 Saudi Arabia Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.5.9.2 Saudi Arabia Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.5.9.3 Saudi Arabia Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11.5.10 South Africa Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.11 South Africa Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
11.5.11.1 South Africa Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
11.5.11.2 South Africa Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
11.5.11.3 South Africa Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
12. pacemakers Market Revenue and Forecasts to 2025
12.1 south and central america pacemakers Market
12.1.1 Overview
12.1.2 South And Central America Pacemakers Market Revenue And Forecasts to 2027 (US$ Mn)
12.1.3 South and Central America Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
12.1.4 South and Central America Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
12.1.5 South and Central America Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
12.1.6 South and Central America Pacemakers Market Revenue and Forecasts to 2027, By Country (%)
12.1.7 Brazil Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
12.1.8 Brazil Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
12.1.8.1 Brazil Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
12.1.8.2 Brazil Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
12.1.8.3 Brazil Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
12.1.9 Argentina Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
12.1.10 Argentina Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
12.1.10.1 Argentina Pacemakers Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
12.1.10.2 Argentina Pacemakers Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
12.1.10.3 Argentina Pacemakers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
13. Microelectronic Medical Implants Market–Key company profiles
13.1 MEDICO S.p.A.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Financial Overview
13.1.4 Product Portfolio
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Vitatron Holding B.V.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Financial Overview
13.2.4 Product Portfolio
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Abbott
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Financial Information
13.3.4 Product Portfolio
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Medtronic
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Financial Information
13.4.4 Product Portfolio
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 OSCOR Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Financial Information
13.5.4 Product Portfolio
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 LivaNova PLC
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Financial Overview
13.6.4 Product Portfolio
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 LEpu Medical
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Financial Overview
13.7.4 Product Portfolio
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Boston Scientific Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Financial Overview
13.8.4 Product Portfolio
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 BIOTRONIK
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Financial Overview
13.9.4 Product Portfolio
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Pacetronix
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Financial Overview
13.10.4 Product Portfolio
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
TABLE 1.total number of persons ofaged 60 years or above by region, 2017 & 2050
TABLE 2.North America Pacemakers market Revenue And Forecasts to 2027, By Product type (US$ Mn)
TABLE 3.North America Pacemakers market Revenue And Forecasts to 2027, By technology (US$ Mn)
TABLE 4.North America Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 5.US Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 6.US Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 7.US Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 8.Canada Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 9.Canada Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 10. anada Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 11. exico Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 12. Mexico Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 13. Mexico Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 14. Europe Pacemakers market Revenue And Forecasts to 2027, By Product type (US$ Mn)
TABLE 15. Europe Pacemakers market Revenue And Forecasts to 2027, By technology (US$ Mn)
TABLE 16. Europe Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 17. Germany Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 18. Germany Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 19. Germany Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 20. UK Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 21. UK Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 22. UK Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 23. France Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 24. France Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 25. France Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 26. Italy Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 27. Italy Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 28. Italy Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 29. Spain Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 30. Spain Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 31. Spain Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 32. Asia Pacific Pacemakers market Revenue And Forecasts to 2027, By Product type (US$ Mn)
TABLE 33. Asia Pacific Pacemakers market Revenue And Forecasts to 2027, By technology (US$ Mn)
TABLE 34. Asia Pacific Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 35. Japan Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 36. Japan Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 37. Japan Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 38. China Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 39. China Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 40. China Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 41. India Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 42. India Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 43. India Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 44. Australia Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 45. Australia Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 46. Australia Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 47. South Korea Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 48. South Korea Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 49. South Korea Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 50. Middle East and Africa Pacemakers market Revenue And Forecasts to 2027, By Product type (US$ Mn)
TABLE 51. Middle East and Africa Pacemakers market Revenue And Forecasts to 2027, By technology (US$ Mn)
TABLE 52. Middle East and Africa Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 53. UAE Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 54. UAE Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 55. UAE Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 56. Saudi Arabia Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 57. Saudi Arabia Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 58. Saudi Arabia Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 59. South Africa Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 60. South Africa Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 61. South Africa Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 62. South and Central America Pacemakers market Revenue And Forecasts to 2027, By Product type (US$ Mn)
TABLE 63. South and Central America Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 64. South and Central America Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 65. Brazil Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 66. Brazil Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 67. Brazil Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 68. Argentina Pacemakers market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
TABLE 69. Argentina Pacemakers market Revenue And Forecasts to 2027, By Technology (US$ Mn)
TABLE 70. Argentina Pacemakers market Revenue And Forecasts to 2027, By End User (US$ Mn)
TABLE 71. Glossary of Terms, pacemakers market
LIST OF FIGURES
FIGURE 1.Pacemakers market Segmentation
FIGURE 2.pacemakers Segmentation, by region
FIGURE 3.Asia Pacific Pacemakers market, Revenue (US$ Mn), By Geography 2018 & 2027
FIGURE 4.Global Pacemakers market By product, Market Share (%), 2018
FIGURE 5.Global Pacemakers market By technology, Market Share (%), 2018
FIGURE 6.Global Pacemakers market By end user, Market Share (%), 2018
FIGURE 7.North America PEST Analysis
FIGURE 8.Europe PEST Analysis
FIGURE 9.Asia pacific PEST Analysis
FIGURE 10. Middle East & Africa PEST Analysis
FIGURE 11. South and central america PEST Analysis
FIGURE 12. Microelectronic Medical Implants market impact analysis of driver and restraints
FIGURE 13. global Pacemakers market – Revenue Forecasts and Analysis – 2018- 2027
FIGURE 14. global Pacemakers market – by geography Forecasts and Analysis – 2018- 2027
FIGURE 15. GLOBAL pacemakers MARKET BY product, 2018 & 2027 (%)
FIGURE 16. Implantable Pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 17. external pacemakers Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 18. GLOBAL Pacemakers MARKET BY technology, 2018 & 2027 (%)
FIGURE 19. single-chambered Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 20. dual-chambered Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 21. bi-ventricular Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 22. Global pacemakers market by end user, 2018 & 2027 (%)
FIGURE 23. Global hospitals Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 24. Global Ambulatory Surgical Centres Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 25. Global Others Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 26. North America Pacemakers market revenue Overview, by Country (2017) (us $ mn)
FIGURE 27. North America Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 28. North America Pacemakers market Revenue And Forecasts to 2027, By Country (%)
FIGURE 29. US Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 30. Canada Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 31. Mexico Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 32. Europe Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 33. Europe Pacemakers market Revenue And Forecasts to 2027, By Country (%)
FIGURE 34. Germany Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 35. UK Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 36. France Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 37. Italy Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 38. Spain Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 39. Asia Pacific PACEMAKERS Market Overview, by Country (2018)
FIGURE 40. Asia Pacific PACEMAKERS Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 41. Asia Pacific Pacemakers market Revenue And Forecasts to 2027, By Country (%)
FIGURE 42. Japan Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 43. China Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 44. India Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 45. Australia Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 46. South Korea Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 47. Middle East & Africa Pacemakers market REVENUE, by Country, 2018 (US$ MN)
FIGURE 48. Middle East & Africa Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 49. Middle East & Africa Pacemakers market Revenue And Forecasts to 2027, By Country (%)
FIGURE 50. UAE Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 51. Saudi Arabia Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 52. South Africa Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 53. SOUTH AND CENTRAL AMERICA pacemakers Market Overview, by Country (2017)
FIGURE 54. South and Central America Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 55. South and Central America Pacemakers market Revenue And Forecasts to 2027, By Country (%)
FIGURE 56. Brazil Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 57. Argentina Pacemakers market Revenue and Forecasts to 2027 (US$ Mn)
The List of Companies - Pacemakers Market
- Medico S.p.A.
- Vitatron
- Abbott
- Medtronic
- OSCOR
- LivaNova Plc
- Boston Scientific Corporation
- Biotronik
- Pacetronix
- Lepu Medical
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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