The Global pacemakers market is estimated to reach $ 5.25 billion by 2023 from $ 4.37 billion in 2019; growing at a CAGR of 1.9% from 2018 to 2027.
Arrhythmia means irregular heartbeat. Irregular heartbeat is either too slow (bradycardia) or too fast (tachycardia).
Types of arrhythmias
A Pacemaker is a device that helps to control irregular heartbeat. The pacemaker is placed under the skin near the chest to control irregular heartbeat.
Various technologies are used under pacemaker
Single Chamber Pacemaker – passes electrical impulses to the right ventricle
Dual Chamber Pacemaker – passes electrical impulses to the right atrium and right ventricle, which help to co-ordinate for contraction between them.
Biventricular Pacemaker – passes electrical impulses to the right and left ventricles to control the heartbeat.
Market Dynamics
The Global Pacemakers market is primarily driven by factors such as increasing population with cardiovascular diseases, increasing awareness about cardiovascular implants, growing health care infrastructure, technological advancement, increasing spending on research and development, etc. are some of the major forces that drive the market.
Market Segmentation
The Global Pacemakers market is mainly classified based on type, implantable, technology, end-user and by region.
Based on the type segment, the market is categorized into Conventional Pacemaker, MRI Compatible Pacemaker. Among them, the MRI Compatible Pacemaker sub-segment dominated the market.
Based on Implantable, the market is further segmented into External Pacemaker, Implantable Pacemaker. Among them, the Implantable Pacemaker sub-segment dominated the market.
Based on the Technology, the market is further segmented into Single Chamber Pacemaker, Dual Chamber Pacemaker, biventricular / CRT Pacemaker.
Based on the End User, the market is further segmented into Hospitals and Cardiac Care Centers, Ambulatory Surgical Centers.
Regional Analysis
Based on geography, the Global Pacemakers market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is categorized into China, Japan, India, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.
Among all the regions, North America has generated the highest revenue.
Reports Intellect Analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Competitive Landscape
Key players operating in the Pacemakers market include Abbott Laboratories, Medtronic plc, Boston Scientific, Biotronik, Livanova, Lepu Medical, Shree Pacetronix, Osypka Medical, Medico SpA, Oscor, Other players.
Pacemakers Market Key Segments:
By Type
By Implantable
By Technology
By End-User
By Region
Table of Contents
1 Market Overview
1.1 Pacemakers Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global Pacemakers Revenue by Type: 2018 VS 2020 VS 2027
1.2.2 Conventional Pacemaker
1.2.3 MRI Compatible Pacemaker
1.3 Market Analysis by Implantable
1.3.1 Overview: Global Pacemakers Revenue by Implantable: 2018 VS 2020 VS 2027
1.3.2 External Pacemaker
1.3.3 Implantable Pacemaker
1.4 Market Analysis by Technology
1.4.1 Overview: Global Pacemakers Revenue by Technology: 2018 VS 2020 VS 2027
1.4.2 Single Chamber Pacemaker
1.4.3 Dual Chamber Pacemaker
1.4.4 Biventricular / CRT Pacemaker
1.5 Market Analysis by End User
1.5.1 Overview: Global Pacemakers Revenue by End User: 2018 VS 2020 VS 2027
1.5.2 Hospitals & Cardiac Care Centers
1.5.3 Ambulatory Surgical Centers
1.6 Overview of Global Pacemakers Market
1.6.1 Global Pacemakers Market Status and Outlook (2018-2027)
1.6.2 North America (United States, Canada and Mexico)
1.6.3 Europe (Germany, France, United Kingdom, Russia and Italy)
1.6.4 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.6.5 South America, Middle East & Africa
1.7 Market Dynamics
1.7.1 Market Opportunities
1.7.2 Market Risk
1.7.3 Market Driving Force
2 Manufacturers Profiles
2.1 Abbott Laboratories
2.1.1 Abbott Laboratories Details
2.1.2 Abbott Laboratories Major Business and Total Revenue (Financial Highlights) Analysis
2.1.3 Abbott Laboratories SWOT Analysis
2.1.4 Abbott Laboratories Product and Services
2.1.5 Abbott Laboratories Pacemakers Sales, Price, Revenue, Gross Margin and Market Share (2018-2019-2020)
2.2 Medtronic Plc
2.2.1 Medtronic Plc Details
2.2.2 Medtronic Plc Major Business and Total Revenue (Financial Highlights) Analysis
2.2.3 Medtronic Plc SWOT Analysis
2.2.4 Medtronic Plc Product and Services
2.2.5 Medtronic Plc Pacemakers Sales, Price, Revenue, Gross Margin and Market Share (2018-2019-2020)
2.3 Boston Scientific
2.3.1 Boston Scientific Details
2.3.2 Boston Scientific Major Business and Total Revenue (Financial Highlights) Analysis
2.3.3 Boston Scientific SWOT Analysis
2.3.4 Boston Scientific Product and Services
2.3.5 Boston Scientific Pacemakers Sales, Price, Revenue, Gross Margin and Market Share (2018-2019-2020)
2.4 Biotronik
2.4.1 Biotronik Details
2.4.2 Biotronik Major Business and Total Revenue (Financial Highlights) Analysis
2.4.3 Biotronik SWOT Analysis
2.4.4 Biotronik Product and Services
2.4.5 Biotronik Pacemakers Sales, Price, Revenue, Gross Margin and Market Share (2018-2019-2020)
2.5 Livanova
2.5.1 Livanova Details
2.5.2 Livanova Major Business and Total Revenue (Financial Highlights) Analysis
2.5.3 Livanova SWOT Analysis
2.5.4 Livanova Product and Services
2.5.5 Livanova Pacemakers Sales, Price, Revenue, Gross Margin and Market Share (2018-2019-2020)
2.6 Lepu Medical
2.6.1 Lepu Medical Details
2.6.2 Lepu Medical Major Business and Total Revenue (Financial Highlights) Analysis
2.6.3 Lepu Medical SWOT Analysis
2.6.4 Lepu Medical Product and Services
2.6.5 Lepu Medical Pacemakers Sales, Price, Revenue, Gross Margin and Market Share (2018-2019-2020)
2.7 Shree Pacetronix
2.7.1 Shree Pacetronix
2.7.2 Shree Pacetronix Major Business and Total Revenue (Financial Highlights) Analysis
2.7.3 Shree Pacetronix SWOT Analysis
2.7.4 Shree Pacetronix Product and Services
2.7.5 Shree Pacetronix Pacemakers Sales, Price, Revenue, Gross Margin and Market Share (2018-2019-2020)
2.8 Osypka Medical
2.8.1 Osypka Medical Details
2.8.2 Osypka Medical Major Business and Total Revenue (Financial Highlights) Analysis
2.8.3 Osypka Medical SWOT Analysis
2.8.4 Osypka Medical Product and Services
2.8.5 Osypka Medical Pacemakers Sales, Price, Revenue, Gross Margin and Market Share (2018-2019-2020)
2.9 Medico SpA
2.9.1 Medico SpA Details
2.9.2 Medico SpA Major Business and Total Revenue (Financial Highlights) Analysis
2.9.3 Medico SpA SWOT Analysis
2.9.4 Medico SpA Product and Services
2.9.5 Medico SpA Pacemakers Sales, Price, Revenue, Gross Margin and Market Share (2018-2019-2020)
2.10 Oscor
2.10.1 Oscor
2.10.2 Oscor Major Business and Total Revenue (Financial Highlights) Analysis
2.10.3 Oscar SWOT Analysis
2.10.4 Oscor Product and Services
2.10.5 Oscar Pacemakers Sales, Price, Revenue, Gross Margin and Market Share (2018-2019-2020) 2.11 Other Players
3 Sales, Revenue and Market Share by Manufacturer
3.1 Global Pacemakers Sales and Market Share by Manufacturer (2018-2019-2020)
3.2 Global Pacemakers Revenue and Market Share by Manufacturer (2018-2019-2020)
3.3 Market Concentration Rate
3.3.1 Top 3 Pacemakers Manufacturer Market Share in 2019 & 2020
3.3.2 Top 6 Pacemakers Manufacturer Market Share in 2019 & 2020
3.4 Market Competition Trend
4 Global Market Analysis by Regions
4.1 Global Pacemakers Sales, Revenue and Market Share by Regions
4.1.1 Global Pacemakers Sales and Market Share by Regions (2018-2020)
4.1.2 Global Pacemakers Revenue and Market Share by Regions (2018-2020)
4.2 North America Pacemakers Sales and Growth Rate (2018-2020)
4.3 Europe Pacemakers Sales and Growth Rate (2018-2020)
4.4 Asia-Pacific Pacemakers Sales and Growth Rate (2018-2020)
4.5 South America Pacemakers Sales and Growth Rate (2018-2020)
4.6 Middle East and Africa Pacemakers Sales and Growth Rate (2018-2020)
5 North America by Country
5.1 North America Pacemakers Sales, Revenue and Market Share by Country
5.1.1 North America Pacemakers Sales and Market Share by Country (2018-2020)
5.1.2 North America Pacemakers Revenue and Market Share by Country (2018-2020)
5.2 United States Pacemakers Sales and Growth Rate (2018-2020)
5.3 Canada Pacemakers Sales and Growth Rate (2018-2020)
5.4 Mexico Pacemakers Sales and Growth Rate (2018-2020)
6 Europe by Country
6.1 Europe Pacemakers Sales, Revenue and Market Share by Country
6.1.1 Europe Pacemakers Sales and Market Share by Country (2018-2020)
6.1.2 Europe Pacemakers Revenue and Market Share by Country (2018-2020)
6.2 Germany Pacemakers Sales and Growth Rate (2018-2020)
6.3 UK Pacemakers Sales and Growth Rate (2018-2020)
6.4 France Pacemakers Sales and Growth Rate (2018-2020)
6.5 Russia Pacemakers Sales and Growth Rate (2018-2020)
6.6 Italy Pacemakers Sales and Growth Rate (2018-2020)
7 Asia-Pacific by Regions
7.1 Asia-Pacific Pacemakers Sales, Revenue and Market Share by Regions
7.1.1 Asia-Pacific Pacemakers Sales and Market Share by Regions (2018-2020)
7.1.2 Asia-Pacific Pacemakers Revenue and Market Share by Regions (2018-2020)
7.2 China Pacemakers Sales and Growth Rate (2018-2020)
7.3 Japan Pacemakers Sales and Growth Rate (2018-2020)
7.4 Korea Pacemakers Sales and Growth Rate (2018-2020)
7.5 India Pacemakers Sales and Growth Rate (2018-2020)
7.6 Southeast Asia Pacemakers Sales and Growth Rate (2018-2020)
7.7 Australia Pacemakers Sales and Growth Rate (2018-2020)
8 South America by Country
8.1 South America Pacemakers Sales, Revenue and Market Share by Country
8.1.1 South America Pacemakers Sales and Market Share by Country (2018-2020)
8.1.2 South America Pacemakers Revenue and Market Share by Country (2018-2020)
8.2 Brazil Pacemakers Sales and Growth Rate (2018-2020)
8.3 Argentina Pacemakers Sales and Growth Rate (2018-2020)
9 Middle East & Africa by Countries
9.1 Middle East & Africa Pacemakers Sales, Revenue and Market Share by Country
9.1.1 Middle East & Africa Pacemakers Sales and Market Share by Country (2018-2020)
9.1.2 Middle East & Africa Pacemakers Revenue and Market Share by Country (2018-2020)
9.2 Saudi Arabia Pacemakers Sales and Growth Rate (2018-2020)
9.3 Turkey Pacemakers Sales and Growth Rate (2018-2020)
9.4 Egypt Pacemakers Sales and Growth Rate (2018-2020)
9.5 South Africa Pacemakers Sales and Growth Rate (2018-2020)
10 Market Segment by Type
10.1 Global Pacemakers Sales and Market Share by Type (2018-2020)
10.2 Global Pacemakers Revenue and Market Share by Type (2018-2020)
10.3 Global Pacemakers Price by Type (2018-2020)
11 Global Pacemakers Market Segment by Implantable
11.1 Global Pacemakers Sales Market Share by Implantable (2018-2020)
11.2 Global Pacemakers Revenue Market Share by Implantable (2018-2020)
11.3 Global Pacemakers Price by Implantable (2018-2020)
12 Market Segment by Technology
12.1 Global Pacemakers Sales and Market Share by Technology (2018-2020)
12.2 Global Pacemakers Revenue and Market Share by Technology (2018-2020)
12.3 Global Pacemakers Price by Technology (2018-2020)
13 Market Segment by End User
13.1 Global Pacemakers Sales and Market Share by End User (2018-2020)
13.2 Global Pacemakers Revenue and Market Share by End User (2018-2020)
13.3 Global Pacemakers Price by End User (2018-2020)
14 Market Forecast
14.1 Global Pacemakers Sales, Revenue and Growth Rate (2021-2027)
14.2 Pacemakers Market Forecast by Regions (2021-2027)
14.2.1 North America Pacemakers Market Forecast (2021-2027)
14.2.2 Europe Pacemakers Market Forecast (2021-2027)
14.2.3 Asia-Pacific Pacemakers Market Forecast (2021-2027)
14.2.4 South America Pacemakers Market Forecast (2021-2027)
14.2.5 Middle East & Africa Pacemakers Market Forecast (2021-2027)
14.3 Pacemakers Market Forecast by Type (2021-2027)
14.3.1 Global Pacemakers Sales Forecast by Type (2021-2027)
14.3.2 Global Pacemakers Market Share Forecast by Type (2021-2027)
14.4 Pacemakers Market Forecast by Implantable (2021-2027)
14.4.1 Global Pacemakers Sales Forecast by Implantable (2021-2027)
14.4.2 Global Pacemakers Market Share Forecast by Implantable (2021-2027) 14.5 Pacemakers Market Forecast by Technology (2021-2027)
14.5.1 Global Pacemakers Sales Forecast by Technology (2021-2027)
14.5.2 Global Pacemakers Market Share Forecast by Technology (2021-2027) 14.6 Pacemakers Market Forecast by End User (2021-2027)
14.6.1 Global Pacemakers Sales Forecast by End User (2021-2027)
14.6.2 Global Pacemakers Market Share Forecast by End User (2021-2027)
15 Sales Channel, Distributors, Traders and Dealers
15.1 Sales Channel
15.1.1 Direct Marketing
15.1.2 Indirect Marketing
15.2 Distributors, Traders and Dealers
16 Research Findings and Conclusion
17 Appendix
17.1 Methodology
17.2 Data Source
17.3 Disclaimer
17.4 About US
Reason to Buy