Pacemakers Market is poised to value USD 5560.28 million by 2028 end at a CAGR of 3.4% during the forecast period 2022 to 2028. 

Increasing cases of cardiac conditions and the latest technological advancements in pacemaker devices are accelerating market growth. The increasing availability of medical coverage coupled with rising cases of cardiovascular diseases is expected to bolster the market. According to the figures released by the World Health Organization, an estimated 17 million people die of CVDs, particularly heart attacks and strokes, every year. High mortality rates linked with cardiac conditions are triggering the growth of the market. Increasing awareness among the population regarding cardiovascular disorders and its long term impact is expected to propel the market.

Increase in research and development initiatives and favourable government policies are expected to fuel the market growth. Under the Medicare Plan in the US, eligible professionals get an reimbursement, approximately USD 7,500 out of USD 10,000. Such initiatives are expected to spike the growth of the market. 

FutureWise Market Research has instantiated a report that provides an intricate analysis of Pacemakers Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

According to the research study conducted by FutureWise research analysts, the Pacemakers Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

Prominent players of the market are Medtronic, Abbott Laboratories, Boston Scientific, Biotronik, Livanova, Lepu Medical, Shree Pacetronix, Osypka Medical, Medico Spa, Oscor.

Pacemakers Market Segmentation:

By Type

  • MRI Compatible Pacemaker
  • Conventional Pacemaker

By Technology

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

By Implantability

  • Implantable Pacemaker
  • External Pacemaker

By End User

  • Hospitals & Cardiac Centers
  • Ambulatory Surgical Centers

By Region 

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape:

  • New product development is bolstering the market. The US FDA approved St.Jude Medical's SyncAV. SyncAV is a CRT software which is compatible with St. Jude Medical's multiPoint pacing technology
  • FDA approved Medtronic's Azure pacemaker which comes with BlueSync technology
  • Medtronic received certification from CE Mark for its upcoming next generation cardiac resynchronization therapy-pacemakers
  • Abbott Laboratories received FDA approval for Assurity MRI Pacemakers

FutureWise Key Takeaways

  • Growth Prospects
  • SWOT Analysis
  • Key Trends
  • Key data-points affecting market growth

Objectives of the Study

  • To provide with an exhaustive analysis on the pacemakers market by type, by technology, by implantability, by end user and by region. 
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • Evaluate and forecast micro-markets and the overall market 
  • To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America and Middle East and Africa
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
  • Profiling of companies to evaluate their market shares, strategies, financial and core competencies

Flexible Delivery Model:

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com


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What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics