Cardiac Pacemaker Market Size to Reach over $5 Billion by 2025 – Arizton

The cardiac pacemaker market is expected to grow at a CAGR of over 2% during the period 2019–2025.

The global cardiac pacemaker market size will reach $5 billion in 2025 from $4.2 billion in 2019, representing a CAGR of 2.2%. The growing prevalence of abnormal cardiac rhythm disorders, coupled with the increasing elderly population, which is prone to arrhythmias, is expected to drive the market. Advancements in technology and engineering provide clinicians innovative ways to care for the aging population.

The following factors are likely to contribute to the growth of the cardiac pacemaker market during the forecast period:
• Increasing Demand for MRI-conditional Cardiac Pacemakers
• Technological Advancements & Increasing Focus on Product Innovations
• Increase in Target Patient Population with Cardiac Arrhythmias
• Increasing Demand for Wireless & Automated

Pacemakers Integrated with Remote Monitoring
The study considers the present scenario of the cardiac pacemaker market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent companies operating in the market.

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Cardiac Pacemaker Market – Vendor Profiles

Key Vendors
• Medtronic
• Boston Scientific
• MicroPort Scientific
• Abbott
• BIOTRONIK

Other Vendors
• Galix Biomedical Instrumentation
• Lepu Medical
• MEDICO
• Osypka Medical
• OSCOR
• Shree Pacetronix
• Vitatron

Cardiac Pacemaker Market – Segmentation

Market Segmentation by Product
• MRI-conditional Pacemakers
• Traditional Pacemakers
Market Segmentation by Technology
• Dual Chamber Pacemakers
• Single Chamber Pacemakers
• Biventricular Pacemakers/CRT-P
Market Segmentation by Implantability
• Implantable Pacemakers
• External Pacemakers
Market Segmentation by End-user
• Hospitals
• Specialty Cardiology Centers
• ASCs
Market Segmentation by Geography
• North America
o US
o Canada
• Europe
o Germany
o France
o UK
o Spain
o Italy
• APAC
o Japan
o China
o India
o South Korea
o Australia
• Latin America
o Brazil
o Mexico
• MEA
o Turkey
o South Africa
o Saudi Arabia

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Cardiac Pacemaker Market – Table of Contents

1 Research Methodology
2 Research Objectives
3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Product
4.4.2 Market Segmentation by Technology
4.4.3 Market Segmentation by Implantability
4.4.4 Market Segmentation by End-user
4.4.5 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance
7 Introduction
7.1 Background
7.2 Permanent Pacemaker
7.2.1 Indications
7.3 Temporary Pacemaker
7.3.1 Indications
7.4 Cardiac Pacemaker Market Snapshot

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 High Demand for MRI-conditional Cardiac Pacemakers
8.1.2 Technological Advancements & Increasing Focus on Product Innovations
8.1.3 New Pacemaker Approvals/Launches
8.1.4 Increase in Target Patient Population with Cardiac Arrhythmias
8.2 Market Growth Restraints
8.2.1 Risks and Complications Associated with Pacemakers
8.2.2 Stringent Government Regulations & Product Recalls
8.2.3 High Cost of Pacemaker Implantation
8.3 Market Opportunities and Trends
8.3.1 Advent of Leadless Cardiac Pacemakers
8.3.2 High Growth Potential in Emerging Markets
8.3.3 Promising Investigational Pacemakers
8.3.4 Growing Demand for Automated Pacemakers Integrated with Remote Monitoring Platforms

9 Global Cardiac Pacemaker Market
9.1 Market Overview
9.2 Market Size & Forecast
9.3 Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry

10 Cardiac Pacemaker Market by Products
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.3 MRI-conditional Cardiac Pacemakers
10.3.1 Market Overview
10.3.2 Market Size & Forecast
10.4 Traditional Cardiac Pacemakers
10.4.1 Market Overview
10.4.2 Market Size & Forecast

11 Cardiac Pacemaker Market by Technology
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Dual Chamber Pacemakers
11.3.1 Market Overview
11.3.2 Market Size & Forecast
11.4 Single Chamber Pacemakers
11.4.1 Market Overview
11.4.2 Market Size & Forecast
11.5 Biventricular Pacemakers/CRT-P
11.5.1 Market Overview
11.5.2 Market Size & Forecast

12 Cardiac Pacemaker Market by Implantability
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Implantable Pacemakers
12.3.1 Market Size & Forecast
12.4 External Pacemakers
12.4.1 Market Size & Forecast

13 Cardiac Pacemaker Market by End-User
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Hospitals
13.3.1 Market Size & Forecast
13.4 Specialty Cardiac Centers
13.4.1 Market Size & Forecast
13.5 ASCs
13.5.1 Market Size & Forecast

14 Cardiac Pacemaker Market by Geography
14.1 Market Snapshot & Growth Engine
14.2 Overview

15 North America
15.1 Market Overview
15.2 Market Size & Forecast
15.3 Key Countries
15.3.1 US: Market Size & Forecast
15.3.2 Canada: Market Size & Forecast

16 Europe
16.1 Market Overview
16.2 Market Size & Forecast
16.3 Key Countries
16.3.1 Germany: Market Size & Forecast
16.3.2 France: Market Size & Forecast
16.3.3 UK: Market Size & Forecast
16.3.4 Spain: Market Size & Forecast
16.3.5 Italy: Market Size & Forecast

17 APAC
17.1 Market Overview
17.2 Market Size & Forecast
17.3 Key Countries
17.3.1 Japan: Market Size & Forecast
17.3.2 China: Market Size & Forecast
17.3.3 India: Market Size & Forecast
17.3.4 Australia: Market Size & Forecast

18 Latin America
18.1 Market Overview
18.2 Market Size & Forecast
18.3 Key Countries
18.3.1 Brazil: Market Size & Forecast
18.3.2 Mexico: Market Size & Forecast

19 Middle East & Africa
19.1 Market Overview
19.2 Market Size & Forecast
19.3 Key Countries
19.3.1 Turkey: Market Size & Forecast
19.3.2 Saudi Arabia: Market Size & Forecast
19.3.3 South Africa: Market Size & Forecast

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