Global External Pacemaker Market
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
1.3. Product Overview
2. Assumptions and Acronyms
3. Research Methodology
4. Executive Summary - Global External Pacemaker Market
5. Market Dynamics
5.1. Drivers
5.2. Restraints
5.3. Trends
6. Key Market Opportunities
7. OTC Pregnancy Test Kits -Risk Analysis
7.1. Demand Risk Analysis
7.2. Supply Risk Analysis
8. Impact of COVID-19 on External Pacemaker and Overall Healthcare Industry
9. Policy and Regulatory Landscape
10.Global External Pacemaker Market Outlook
10.1. Market Size and Forecast, 2018-2028
10.1.1. By Value (USD Million)
v By Product
o Pulse Generator Device and Leads Market Size (USD million), 2018-2028
v By Device
o Pulse Generator Device and Leads Market Size (USD million), 2018-2028
v By Distribution Channel
o Online and Offline Market Size (USD million), 2018-2028
v By End User
o Hospitals, Ambulatory Surgical Centers and Others Market Size (USD million), 2018-2028
v By Region
o North America External Pacemaker Market Size (USD million), 2018-2028
§ By Product
· Pulse Generator Device and Leads Market Size (USD million), 2018-2028
§ By Device
· Pulse Generator Device and Leads Market Size (USD million), 2018-2028
§ By Distribution Channel
· Online and Offline Market Size (USD million), 2018-2028
§ By End User
· Hospitals, Ambulatory Surgical Centers and Others Market Size (USD million), 2018-2028
§ By Country
· Macro-economic Indicators Impacting the Growth of North America External Pacemaker Market
· U.S. & Canada External Pacemaker Market, 2018-2028F (USD million)
o Europe External Pacemaker Market Size (USD million), 2018-2028
§ By Product
· Pulse Generator Device and Leads Market Size (USD million), 2018-2028
§ By Device
· Pulse Generator Device and Leads Market Size (USD million), 2018-2028
§ By Distribution Channel
· Online and Offline Market Size (USD million), 2018-2028
§ By End User
· Hospitals, Ambulatory Surgical Centers and Others Market Size (USD million), 2018-2028
§ By Country
· Macro-economic Indicators Impacting the Growth of Europe External Pacemaker Market
· UK, Germany, France, Italy, Spain, Russia and Rest of Europe External Pacemaker Market, 2018-2028F (USD million)
o Asia Pacific External Pacemaker Market Size (USD million), 2018-2028
§ By Product
· Pulse Generator Device and Leads Market Size (USD million), 2018-2028
§ By Device
· Pulse Generator Device and Leads Market Size (USD million), 2018-2028
§ By Distribution Channel
· Online and Offline Market Size (USD million), 2018-2028
§ By End User
· Hospitals, Ambulatory Surgical Centers and Others Market Size (USD million), 2018-2028
§ By Country
· Macro-economic Indicators Impacting the Growth of Asia Pacific External Pacemaker Market
· China, India, Japan, South Korea, Australia, Malaysia and Rest of Asia Pacific External Pacemaker Market, 2018-2028F (USD million)
o Latin America External Pacemaker Market Size (USD million), 2018-2028
§ By Product
· Pulse Generator Device and Leads Market Size (USD million), 2018-2028
§ By Device
· Pulse Generator Device and Leads Market Size (USD million), 2018-2028
§ By Distribution Channel
· Online and Offline Market Size (USD million), 2018-2028
§ By End User
· Hospitals, Ambulatory Surgical Centers and Others Market Size (USD million), 2018-2028
§ By Country
· Macro-economic Indicators Impacting the Growth of Latin America External Pacemaker Market
· Brazil, Mexico & Rest of Latin America External Pacemaker Market, 2018-2028F (USD million)
o Middle East and Africa External Pacemaker Market Size (USD million), 2018-2028
§ By Product
· Pulse Generator Device and Leads Market Size (USD million), 2018-2028
§ By Device
· Pulse Generator Device and Leads Market Size (USD million), 2018-2028
§ By Distribution Channel
· Online and Offline Market Size (USD million), 2018-2028
§ By End User
· Hospitals, Ambulatory Surgical Centers and Others Market Size (USD million), 2018-2028
§ By Country
· Macro-economic Indicators Impacting the Growth of Middle East and Africa External Pacemaker Market
· United Arab Emirates, Saudi Arabia, Israel, South Africa and Rest of Middle East & Africa External Pacemaker Market, 2018-2028F (USD million)
11. Competitive Structure
11.1. Detailed Overview
11.2. Assessment of Key Product Offerings
11.3. Analysis of Growth Strategies
11.4. Key Collaborations and Joint Ventures
11.5. Key Mergers and Acquisitions
11.6. Recent News and Developments
11.7. Key Clients and Partners
11.8. Exhaustive Analysis on Key Financial Indicators
11.8.1. Biotronik
11.8.2. Medtronic
11.8.3. Osypka Medical
11.8.4. Braile Biomedica
11.8.5. Boston Scientific
11.8.6. Oscor
11.8.7. Galix Biomedical Instrumentation Inc.
11.8.8. Pacetronix
12. Strategic Recommendations
External Pacemaker Market size was valued at USD 1.78 billion in 2024 and is likely to cross USD 2.78 billion by 2037, expanding at more than 3.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of external pacemaker is assessed at USD 1.83 billion.
The growth of the global external pacemaker market is thriving on the back of the rising market penetration of key players along with the consequent entry of products in the market, and factors such as rising disposable income, favorable reimbursement policies, changing patient awareness regarding the early diagnosis of various chronic disorders such as coronary heart diseases, rheumatic heart diseases, congenital heart diseases, strokes and hypertension, and others are anticipated to promote the growth of the global market. Additionally, rising patient preference for products that are easy to set-up and manage over the recommended duration of cardiac pacing other products which improves their quality of life over the course of treatment especially during emergency care with patients suffering from irregular cardiac pacing are also anticipated to promote towards the growth of the global market.
Growth Drivers
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
3.5% |
|
Base Year Market Size (2024) |
USD 1.78 billion |
|
Forecast Year Market Size (2037) |
USD 2.78 billion |
|
Regional Scope |
|
The global external pacemaker market has been segmented on the basis of product into pulse generator device and leads. The pulse generator device held the largest market share in the year 2018 and is expected to cross a value of USD 1517.91 million by the end of 2028. Moreover, the segment is anticipated to gain an incremental $ opportunity of USD 58.77 million in the year 2020 as compared to the previous year. Further, the segment is also expected to gain an absolute $ opportunity of USD 576.73 million during the forecast period. Pulse generators are used in conjunction with lead wire which are used to supply power to the electronic unit. The function of the pulse generator is to provide current supply to the connecting leads for artificial pumping of heart. The power source of the pulse generator are lithium ion batteries which works for 7-9 days and must be replaced for every new patient. With the help of pulse generator different modes of pacing can be done with single, double and triple chamber pacemakers. The pulse generator is also used in pacing and sensing for the desired heart rate.
The global external pacemaker market is segmented by regions into North America, Latin America, Europe, Asia Pacific and Middle East and Africa. North America industry is anticipated to account for largest revenue share of 39% by 2037. On the other hand, the market in the region is also anticipated to gain an incremental $ opportunity of USD 27.82 million in the year 2020 as compared to the previous year.
Author Credits: Radhika Pawar
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