Pacemakers Market Analysis by Implantability (External Pacemaker, Implantable Pacemaker), by Type (Conventional Pacemaker, MRI Compatible Pacemaker), by Technology (Biventricular/CRT Pacemaker, Dual-chamber Pacemaker), by End User (Ambulatory Surgical Centers), and by Region - Global Forecast to 2022-2033

The pacemakers market size is estimated to be USD 5100.5 million in 2022 and is expected to witness a CAGR of 4.45% during the forecast period 2023-2033. The increasing usage of cloud-based applications and services, the approaching patent expiration of blockbuster pharmaceuticals, and the rising need to control drug discovery prices and shorten the time required in the drug development process are factors contributing to the market growth. However, the shortage of skilled AI workers, vague regulatory requirements for medical software, and a lack of data sets is expected to hinder the growth.

Segmentation

By Implantability

Based on implantability, the market is bifurcated into external pacemakers and implantable pacemakers. In 2022, the implantable pacemaker segment held the highest market share owing to the growing popularity of these pacemakers over their external counterparts as a result of their advantages, and rise of cardiovascular diseases

By Type

On the basis of type, the market is bifurcated into conventional pacemakers and MRI-compatible pacemakers. In 2022, the MRI-compatible pacemaker segment held the highest market share due to the growing need for MRI scans in the elderly population, and the rising number of patients with pacemakers implanted.

By Technology

Based on technology, the market is segregated into biventricular/CRT pacemakers, dual-chamber pacemakers, and single-chamber pacemakers. In 2022, the dual-chamber pacemaker segment held the highest market share owing to an increase in the elderly population, a rise in the frequency of bradycardia, and significant players’ presence.

By End User

Based on end user, the market is categorized into ambulatory surgical centers, and hospitals & cardiac centers. In 2022, the hospitals & cardiac centers segment held the highest market share due to the increase in the number of heart operations, expansion of the hospital and cardiac centers, and increase in heart disease prevalence.

Regional Markets

In 2022, Europe region accounted for the highest revenue in the market and is expected to maintain its dominance during the forecast period. This is attributed to the increased prevalence of cardiovascular conditions including arrhythmia, technological breakthroughs in diagnostic tools, and increased need for pacemaker implantation by a minimally invasive procedure in the area. However, the Asia-Pacific region is predicted to grow at the fastest rate during the projection period owing to the technology improvement in hospitals for cardiac treatment and diagnosis, an increase in cardiovascular disease incidence, and a rise in spending in the healthcare industry.

Competitor Insights

Some of the key players operating in the pacemakers market are Abbott (US), BIOTRONIK (Germany), Boston Scientific (US), Lepu Medical (China), LivaNova (UK), MEDICO (Italy), Medtronic (Ireland), OSCOR (US), Osypka Medical (Germany), and Pacetronix (India).

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including implantability, type, technology and end user from 2023 to 2033.

Report Scope:

Key Parameters Details
Market size in 2022
  • USD 5100.5 Million
CAGR
  • 4.45%
Base Year
  • 2022
Forecast Period
  • 2023-2033
Study Coverage
  • Global and regional market size and revenue forecast
  • Segment market size and revenue forecast at global, regional, and country level
  • Competitive landscape (company share analysis, company profiles, recent development, competitive map analysis)
  • Conclusion and recommendations
Qualitative Analysis
  • Market drivers
  • Market restraints
  • Market opportunities
  • Recent market trends
  • Market challenges
  • Porter’s Five Forces analysis
  • PEST analysis
  • COVID-19 impact analysis
Segment Market Scope
  • Implantability
  • Type
  • Technology
  • End User
Regional Market Scope
  • North America
    (U.S. and Canada)
  • Europe
    (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
  • Asia Pacific
    (China, Japan, India, Australia, South Korea, Rest of APAC)
  • Latin America
    (Brazil, Mexico, Argentina, Rest of LATAM)
  • MEA
    (South Africa, GCC, Rest of MEA)
Company Profiles
  • Exhaustive profiles of top 10 players
  • Other major players listing
15% Free Customization Available
  • You can customize the study scope to meet your exact requirement. Click here for more details

Segmentation: Pacemakers Market Report 2022 – 2033

Implantability (Revenue, USD Million), 2022 – 2033

  • External Pacemaker
  • Implantable Pacemaker

Type (Revenue, USD Million), 2022 – 2033

  • Conventional Pacemaker
  • MRI Compatible Pacemaker

Technology (Revenue, USD Million), 2022 – 2033

  • Biventricular/CRT Pacemaker
  • Dual-chamber Pacemaker
  • Single-chamber Pacemaker

By End User (Revenue, USD Million), 2022 – 2033

  • Ambulatory Surgical Centers
  • Hospitals & Cardiac Centers

By Region (Revenue, USD Million), 2022 – 2033

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Table of Contents: Pacemakers Market 2022-2033

  1. Research Methodology
    1. Study Objectives
    2. Study Scope
    3. Research Framework
      1. Research Models
        1. Bottom-up Approach
        2. Top-down Approach
        3. Data Triangulation
      2. Data Analysis
        1. Data Validation
        2. Market Size Estimation
        3. Market Forecast Model
  1. Introduction: Pacemakers
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
      1. Driver 1
      2. Driver 2
      3. Driver 3
      4. Driver 4
      5. Driver 5
    2. Market Restraint
      1. Restraint 1
      2. Restraint 2
      3. Restraint 3
      4. Restraint 4
    3. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
      3. Opportunity 3
      4. Opportunity 4
    4. Market Trends
      1. Trend 1
      2. Trend 2
      3. Trend 3
      4. Trend 4
    5. Market Challenges
      1. Challenge 1
      2. Challenge 2
      3. Challenge 3
      4. Challenge 4
  1. Market Environment Analysis
    1. Porter’s 5 Forces Analysis
    2. PESTEL Analysis
    3. SWOT Analysis
  2. COVID-19 Impact Analysis: Pacemakers Market  
  3. Market Analysis by Implantability
    1. External Pacemaker
      1. External Pacemaker Market Forecast, 2022-2033 (USD Million)
    2. Implantable Pacemaker
      1. Implantable Pacemaker Market Forecast, 2022-2033 (USD Million)
  1. Market Analysis by Type
    1. Conventional Pacemaker
      1. Conventional Pacemaker Market Forecast, 2022-2033 (USD Million)
    2. MRI Compatible Pacemaker
      1. MRI Compatible Pacemaker Market Forecast, 2022-2033 (USD Million)
  1. Market Analysis by Technology
    1. Biventricular/CRT Pacemaker
      1. Biventricular/CRT Pacemaker Market Forecast, 2022-2033 (USD Million)
    2. Dual-chamber Pacemaker
      1. Dual-chamber Pacemaker Market Forecast, 2022-2033 (USD Million)
    3. Single-chamber Pacemaker
      1. Single-chamber Pacemaker Market Forecast, 2022-2033 (USD Million)
  1. Market Analysis by End User
    1. Ambulatory Surgical Centers
      1. Ambulatory Surgical Centers Market Forecast, 2022-2033 (USD Million)
    2. Hospitals & Cardiac Centers
      1. Hospitals & Cardiac Centers Market Forecast, 2022-2033 (USD Million)
  1. Regional Market Analysis
    1. Regional Market Trends
  2. North AmericaPacemakers Market   
    1. North AmericaPacemakers Market
      1. North America Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
        2. Market Size and Forecast by Type, 2022-2033 (USD Million)
        3. Market Size and Forecast by Technology, 2022-2033(USD Million)
        4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
      2. S.Pacemakers Market
        1. S. Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
          2. Market Size and Forecast by Type, 2022-2033 (USD Million)
          3. Market Size and Forecast by Technology, 2022-2033(USD Million)
          4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
        2. CanadaPacemakers Market
          1. Canada Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
            2. Market Size and Forecast by Type, 2022-2033 (USD Million)
            3. Market Size and Forecast by Technology, 2022-2033(USD Million)
            4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
  1. EuropePacemakers Market   
    1. EuropePacemakers Market
      1. Europe Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
        2. Market Size and Forecast by Type, 2022-2033 (USD Million)
        3. Market Size and Forecast by Technology, 2022-2033(USD Million)
        4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
      2. GermanyPacemakers Market
        1. Germany Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
          2. Market Size and Forecast by Type, 2022-2033 (USD Million)
          3. Market Size and Forecast by Technology, 2022-2033(USD Million)
          4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
        2. UKPacemakers Market
          1. UK Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
            2. Market Size and Forecast by Type, 2022-2033 (USD Million)
            3. Market Size and Forecast by Technology, 2022-2033(USD Million)
            4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
          2. FrancePacemakers Market
            1. France Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
              2. Market Size and Forecast by Type, 2022-2033 (USD Million)
              3. Market Size and Forecast byTechnology, 2022-2033 (USD Million)
              4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
            2. SpainPacemakers Market
              1. Spain Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
                2. Market Size and Forecast by Type, 2022-2033 (USD Million)
                3. Market Size and Forecast by Technology, 2022-2033(USD Million)
                4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
              2. ItalyPacemakers Market
                1. Italy Market Size and Forecast, 2022-2033(USD Million)
                  1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
                  2. Market Size and Forecast by Type, 2022-2033 (USD Million)
                  3. Market Size and Forecast by Technology, 2022-2033(USD Million)
                  4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
                2. Rest of EuropePacemakers Market
                  1. Rest of Europe Market Size and Forecast, 2022-2033(USD Million)
                    1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
                    2. Market Size and Forecast by Type, 2022-2033 (USD Million)
                    3. Market Size and Forecast by Technology, 2022-2033(USD Million)
                    4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
  1. Asia PacificPacemakers Market   
    1. Asia PacificPacemakers Market
      1. Asia Pacific Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
        2. Market Size and Forecast by Type, 2022-2033 (USD Million)
        3. Market Size and Forecast by Technology, 2022-2033(USD Million)
        4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
      2. JapanPacemakers Market
        1. Japan Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
          2. Market Size and Forecast by Type, 2022-2033 (USD Million)
          3. Market Size and Forecast by Technology, 2022-2033(USD Million)
          4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
        2. ChinaPacemakers Market
          1. China Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
            2. Market Size and Forecast by Type, 2022-2033 (USD Million)
            3. Market Size and Forecast by Technology, 2022-2033(USD Million)
            4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
          2. IndiaPacemakers Market
            1. India Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
              2. Market Size and Forecast by Type, 2022-2033 (USD Million)
              3. Market Size and Forecast by Technology, 2022-2033(USD Million)
              4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
            2. South KoreaPacemakers Market
              1. South Korea Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
                2. Market Size and Forecast by Type, 2022-2033 (USD Million)
                3. Market Size and Forecast by Technology,2022-2033 (USD Million)
                4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
              2. AustraliaPacemakers Market
                1. Australia Market Size and Forecast, 2022-2033(USD Million)
                  1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
                  2. Market Size and Forecast by Type, 2022-2033 (USD Million)
                  3. Market Size and Forecast by Technology 2022-2033(USD Million)
                  4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
                2. Rest of Asia PacificPacemakers Market
                  1. Rest of Asia Pacific Market Size and Forecast, 2022-2033(USD Million)
                    1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
                    2. Market Size and Forecast by Type, 2022-2033 (USD Million)
                    3. Market Size and Forecast by Technology, 2022-2033(USD Million)
                    4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
  1. Latin America Pacemakers Market   
    1. Latin AmericaPacemakers Market
      1. Latin America Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
        2. Market Size and Forecast by Type, 2022-2033 (USD Million)
        3. Market Size and Forecast by Technology, 2022-2033(USD Million)
        4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
      2. BrazilPacemakers Market
        1. Brazil Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Technology, 2022-2033(USD Million)
          2. Market Size and Forecast by Type, 2022-2033 (USD Million)
          3. Market Size and Forecast by Technology, 2022-2033(USD Million)
          4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
        2. MexicoPacemakers Market
          1. Mexico Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
            2. Market Size and Forecast by Type, 2022-2033 (USD Million)
            3. Market Size and Forecast by Technology, 2022-2033(USD Million)
            4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
          2. ArgentinaPacemakers Market
            1. Argentina Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
              2. Market Size and Forecast by Type, 2022-2033 (USD Million)
              3. Market Size and Forecast by Technology, 2022-2033(USD Million)
              4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
            2. Rest of Latin AmericaPacemakers Market
              1. Rest of Latin America Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
                2. Market Size and Forecast by Type, 2022-2033 (USD Million)
                3. Market Size and Forecast by Technology, 2022-2033(USD Million)
                4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
  1. MEAPacemakers Market   
    1. MEAPacemakers Market
      1. MEA Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
        2. Market Size and Forecast by Type, 2022-2033 (USD Million)
        3. Market Size and Forecast by Technology, 2022-2033(USD Million)
        4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
      2. GCCPacemakers Market
        1. GCC Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
          2. Market Size and Forecast by Type, 2022-2033 (USD Million)
          3. Market Size and Forecast by Technology, 2022-2033(USD Million)
          4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
        2. South AfricaPacemakers Market
          1. South Africa Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
            2. Market Size and Forecast by Type, 2022-2033 (USD Million)
            3. Market Size and Forecast by Technology, 2022-2033(USD Million)
            4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
          2. Rest of MEAPacemakers Market
            1. Rest of MEA Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Implantability, 2022-2033(USD Million)
              2. Market Size and Forecast by Type, 2022-2033 (USD Million)
              3. Market Size and Forecast by Technology, 2022-2033(USD Million)
              4. Market Size and Forecast byEnd user, 2022-2033 (USD Million)
  1. Competitor Analysis
    1. Market Share Analysis, 2022
    2. Major Recent Developments, 2019-2022
  2. Company Profiles
    1. Abbott (US)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    2. BIOTRONIK (Germany)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    3. Boston Scientific (US)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    4. Lepu Medical (China)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    5. LivaNova (UK)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    6. MEDICO (Italy)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    7. Medtronic (Ireland)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    8. OSCOR (US)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    9. Osypka Medical (Germany)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    10. Pacetronix (India)
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    11. Company 11
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    12. Company 12
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    13. Company 13
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    14. Company 14
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    15. Company 15
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
  1. Conclusion & Recommendations

Leave a comment

Your email address will not be published. Required fields are marked *

Select License Type

5 reasons to choose Quintana Research Reports

Our top-quality, real-time, accurate, and data-driven research aims at empowering the clients with actionable insights.

We deliver timely data-driven insights to help clients make informed decisions and achieve growth and success.

Our team of experts is available 24*7 to offer incisive analysis of the market for clients.

We offer comprehensive and bespoke marketing research as per clients’ requirements.

Our cost-effective and rapid research helps clients gain competitive intelligence, and uncover potential opportunities & threats.