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External Pacemakers Market Size, Share & Trends Analysis Report By Product (Single Chamber, Dual Chamber), By Application (Bradycardia, Acute Myocardial Infarction), By End-use, By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 100 Pages
  • October 2023
  • Region: Global
  • Grand View Research
  • ID: 5899473
Description Jump to:
The global external pacemakers market size is expected to reach USD 2.17 billion by 2030, growing at a CAGR of 3.4%. The demand for external pacemakers is rising due to an increasing incidence of bradycardias associated with cardiovascular diseases (CVDs), such as sinus node infarction, complete heart block, and myocardial infarction. The American Heart Association (AHA) has reported in their 'Heart Disease and Stroke Statistics - 2022 Update' that CVDs are responsible for roughly 19.0 million global fatalities. Furthermore, in July 2022, approximately 2.6 million (or 1 in every 12) Canadian adults aged 20 and above were diagnosed with heart disease. External pacemakers play a pivotal role in treating and managing these widespread cardiovascular conditions, thereby contributing to the expansion of the market.

The increasing geriatric population associated with irregular cardiac rhythmic conditions and heart attacks has led to a growing demand for pacemakers. This surge in demand is expected to be the primary driver fueling the expansion of the external pacemaker industry. According to the Heart and Stroke Foundation of Canada, approximately 750,000 individuals live with heart failure, and around 100,000 new cases are diagnosed annually. By 2030, the healthcare costs associated with heart failure in Canada are projected to reach up to USD 2.8 billion. Consequently, the market for external pacemakers is anticipated to experience rapid growth throughout the forecast period due to the significant number of cardiac patients and the increasing economic burden caused by heart failure in the nation.

External Pacemakers Market Report Highlights

  • Based on product, the dual chamber segment dominated the market in 2022, holding the largest share of 59.32%. These devices allow the patients to track their regular heart activities
  • Based on application, the bradycardia segment held a significant market share of 85.83% in 2022. Factors such as lifestyle disorders, lack of exercise, and fattiness increase the prevalence of CVDs, further increasing the segment's growth
  • Based on end-use, the hospital & cardiac centers segment dominated the market in 2022, representing the largest share of 73.93%. These specialized medical facilities are important in identifying and treating various CVDs, such as cardiac arrhythmia, atrial fibrillation, and myocardial infarction
  • North America emerged as the leading market region in 2022, holding the largest share of 41.27%. The region's advanced medical facilities, skilled healthcare professionals, and robust healthcare infrastructure contribute to the market growth in the region

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.3.5. Details of Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.5.1. Commodity Flow Analysis
1.5.1.1. Approach 1: Commodity flow approach
1.6. Data Validation & Publishing
1.7. Global Market: CAGR Calculation
1.8. List of Secondary Sources
1.9. List of Primary Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/Ancillary Market Outlook
3.2. Market Trends and Outlook
3.3. Market Dynamics
3.4. Market Restraint Analysis
3.5. Business Environment Analysis
3.5.1. SWOT Analysis; By Factor (Political & Legal, Economic and Technological)
3.5.2. Porter’s Five Forces Analysis
3.6. COVID-19 Impact Analysis
Chapter 4. Product Business Analysis
4.1. External Pacemakers Market, By Product: Key Takeaways
4.2. External Pacemakers Market: Product Movement & Market Share Analysis, 2022 & 2030
4.3. Single Chamber
4.3.1. Global Single Chamber Market Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Dual Chamber
4.4.1. Global Dual Chamber External Pacemakers Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Application Business Analysis
5.1. External Pacemakers Market, By Application: Key Takeaways
5.2. External Pacemakers Market: Application Movement & Market Share Analysis, 2022 & 2030
5.3. Bradycardia
5.3.1. Global Bradycardia Market Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Acute Myocardial Infarction
5.4.1. Global Acute Myocardial Infarction Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. End-Use Business Analysis
6.1. External Pacemakers Market, By End-use: Key Takeaways
6.2. External Pacemakers Market: End-use Movement & Market Share Analysis, 2022 & 2030
6.3. Hospitals
6.3.1. Global Hospitals Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Ambulatory Surgical Centers
6.4.1. Global Ambulatory Surgical Centers Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Others
6.5.1. Global Others Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Regional Business Analysis
7.1. Regional Market Snapshot
7.2. Market Share Analysis by Country, 2022
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific
7.2.4. Latin America
7.2.5. MEA
7.3. North America
7.3.1. North America External Pacemakers Market, 2018 - 2030 (USD Million)
7.3.2. U.S.
7.3.2.1. U.S. External Pacemakers Market, 2018 - 2030 (USD Million)
7.3.3. Canada
7.3.3.1. Canada External Pacemakers Market, 2018 - 2030 (USD Million)
7.4. Europe
7.4.1. Europe External Pacemakers Market, 2018 - 2030 (USD Million)
7.4.2. Germany
7.4.2.1. Germany External Pacemakers Market, 2018 - 2030 (USD Million)
7.4.3. UK
7.4.3.1. UK External Pacemakers Market, 2018 - 2030 (USD Million)
7.4.4. France
7.4.4.1. France External Pacemakers Market, 2018 - 2030 (USD Million)
7.4.5. Italy
7.4.5.1. Italy External Pacemakers Market, 2018 - 2030 (USD Million)
7.4.6. Spain
7.4.6.1. Spain External Pacemakers Market, 2018 - 2030 (USD Million)
7.4.7. Denmark
7.4.7.1. Denmark External Pacemakers Market, 2018 - 2030 (USD Million)
7.4.8. Sweden
7.4.8.1. Sweden External Pacemakers Market, 2018 - 2030 (USD Million)
7.4.9. Norway
7.4.9.1. Norway External Pacemakers Market, 2018 - 2030 (USD Million)
7.5. Asia Pacific
7.5.1. Asia Pacific External Pacemakers Market, 2018 - 2030 (USD Million)
7.5.2. Japan
7.5.2.1. Japan External Pacemakers Market, 2018 - 2030 (USD Million)
7.5.3. China
7.5.3.1. China External Pacemakers Market, 2018 - 2030 (USD Million)
7.5.4. India
7.5.4.1. India External Pacemakers Market, 2018 - 2030 (USD Million)
7.5.5. South Korea
7.5.5.1. South Korea External Pacemakers Market, 2018 - 2030 (USD Million)
7.5.6. Australia
7.5.6.1. Australia External Pacemakers Market, 2018 - 2030 (USD Million)
7.5.7. Thailand
7.5.7.1. Thailand External Pacemakers Market, 2018 - 2030 (USD Million)
7.6. Latin America
7.6.1. Latin America External Pacemakers Market, 2018 - 2030 (USD Million)
7.6.2. Brazil
7.6.2.1. Brazil External Pacemakers Market, 2018 - 2030 (USD Million)
7.6.3. Mexico
7.6.3.1. Mexico External Pacemakers Market, 2018 - 2030 (USD Million)
7.6.4. Argentina
7.6.4.1. Argentina External Pacemakers Market, 2018 - 2030 (USD Million)
7.7. MEA
7.7.1. MEA External Pacemakers Market, 2018 - 2030 (USD Million)
7.7.2. South Africa
7.7.2.1. South Africa External Pacemakers Market, 2018 - 2030 (USD Million)
7.7.3. Saudi Arabia
7.7.3.1. Saudi Arabia External Pacemakers Market, 2018 - 2030 (USD Million)
7.7.4. UAE
7.7.4.1. UAE External Pacemakers Market, 2018 - 2030 (USD Million)
7.7.5. Kuwait
7.7.5.1. Kuwait External Pacemakers Market, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Strategy Mapping
8.3. Company Profiles/Listing
8.3.1. Boston Scientific Corporation
8.3.1.1. Overview
8.3.1.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
8.3.1.3. Product Benchmarking
8.3.1.4. Strategic Initiatives
8.3.2. Medtronic
8.3.2.1. Overview
8.3.2.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
8.3.2.3. Product Benchmarking
8.3.2.4. Strategic Initiatives
8.3.3. Pacetronix.com
8.3.3.1. Overview
8.3.3.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
8.3.3.3. Product Benchmarking
8.3.3.4. Strategic Initiatives
8.3.4. OSYPKA MEDICAL
8.3.4.1. Overview
8.3.4.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
8.3.4.3. Product Benchmarking
8.3.4.4. Strategic Initiatives
8.3.5. OSCOR Inc.
8.3.5.1. Overview
8.3.5.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
8.3.5.3. Product Benchmarking
8.3.5.4. Strategic Initiatives
8.3.6. Fluke
8.3.6.1. Overview
8.3.6.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
8.3.6.3. Product Benchmarking
8.3.6.4. Strategic Initiatives
8.3.7. Abbott
8.3.7.1. Overview
8.3.7.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
8.3.7.3. Product Benchmarking
8.3.7.4. Strategic Initiatives
8.3.8. Avery Biomedical Devices, Inc.
8.3.8.1. Company Overview
8.3.8.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
8.3.8.3. Platform Benchmarking
8.3.8.4. Strategic Initiatives
8.3.9. BIOTRONIK
8.3.9.1. Company Overview
8.3.9.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
8.3.9.3. Platform Benchmarking
8.3.9.4. Strategic Initiatives
8.3.10. Lepu Medical Technology (Beijing) Co., Ltd.
8.3.10.1. Company Overview
8.3.10.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
8.3.10.3. Platform Benchmarking
8.3.10.4. Strategic Initiatives
List of Tables
Table 1 List of Abbreviations
Table 2 Global External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 3 Global External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 4 Global External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 5 Global External Pacemakers Market, by region, 2018-2030 (USD Million)
Table 6 North America External Pacemakers Market, by country, 2018-2030 (USD Million)
Table 7 North America External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 8 North America External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 9 North America External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 10 U.S. External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 11 U.S. External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 12 U.S. External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 13 Canada External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 14 Canada External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 15 Canada External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 16 Europe External Pacemakers Market, by country, 2018-2030 (USD Million)
Table 17 Europe External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 18 Europe External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 19 Europe External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 20 Germany External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 21 Germany External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 22 Germany External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 23 UK External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 24 UK External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 25 UK External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 26 France External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 27 France External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 28 France External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 29 Italy External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 30 Italy External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 31 Italy External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 32 Spain External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 33 Spain External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 34 Spain External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 35 Denmark External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 36 Denmark External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 37 Denmark External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 38 Sweden External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 39 Sweden External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 40 Sweden External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 41 Norway External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 42 Norway External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 43 Norway External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 44 Asia Pacific External Pacemakers Market, by country, 2018-2030 (USD Million)
Table 45 Asia Pacific External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 46 Asia Pacific External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 47 Asia Pacific External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 48 China External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 49 China External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 50 China External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 51 Japan External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 52 Japan External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 53 Japan External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 54 India External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 55 India External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 56 India External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 57 South Korea External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 58 South Korea External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 59 South Korea External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 60 Australia External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 61 Australia External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 62 Australia External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 63 Thailand External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 64 Thailand External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 65 Thailand External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 66 Latin America External Pacemakers Market, by country, 2018-2030 (USD Million)
Table 67 Latin America External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 68 Latin America External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 69 Latin America External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 70 Brazil External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 71 Brazil External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 72 Brazil External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 73 Mexico External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 74 Mexico External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 75 Mexico External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 76 Argentina External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 77 Argentina External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 78 Argentina External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 79 Middle East & Africa External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 80 Middle East & Africa External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 81 Middle East & Africa External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 82 South Africa External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 83 South Africa External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 84 South Africa External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 85 Saudi Arabia External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 86 Saudi Arabia External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 87 Saudi Arabia External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 88 UAE External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 89 UAE External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 90 UAE External Pacemakers Market, by end-use, 2018-2030 (USD Million)
Table 91 Kuwait External Pacemakers Market, by product, 2018-2030 (USD Million)
Table 92 Kuwait External Pacemakers Market, by application, 2018-2030 (USD Million)
Table 93 Kuwait External Pacemakers Market, by end-use, 2018-2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value chain-based sizing & forecasting
Fig. 6 Market formulation & validation
Fig. 7 External Pacemakers Market segmentation
Fig. 8 Market snapshot, 2022
Fig. 9 Market trends & outlook
Fig. 10 Market driver relevance analysis (current & future impact)
Fig. 11 Market restraint relevance analysis (current & future impact)
Fig. 12 Swot analysis, by factor (political & legal, economic and technological)
Fig. 13 Porter’s five forces analysis
Fig. 14 Global External Pacemakers Market: Product Outlook Key Takeaways
Fig. 15 Global External Pacemakers Market: Product Movement Analysis
Fig. 16 Global Single Chamber Market, 2018-2030 (USD Million)
Fig. 17 Global Dual Chamber Market, 2018-2030 (USD Million)
Fig. 18 Global Bioabsorbable Stents External Pacemakers Market, 2018-2030 (USD Million)
Fig. 19 Global External Pacemakers Market: Application Outlook Key Takeaways
Fig. 20 Global External Pacemakers Market: Application Movement Analysis
Fig. 21 Global Bradycardia Market, 2018-2030 (USD Million)
Fig. 22 Global Acute Myocardial Infarction Market, 2018-2030 (USD Million)
Fig. 23 Global External Pacemakers Market: End-use Outlook Key Takeaways
Fig. 24 Global External Pacemakers Market: End-use Movement Analysis
Fig. 25 Global Hospital Market, 2018-2030 (USD Million)
Fig. 26 Global Ambulatory Surgical Centers Market, 2018-2030 (USD Million)
Fig. 27 Global Others Market, 2018-2030 (USD Million)
Fig. 28 Regional Marketplace: Key Takeaways
Fig. 29 Regional outlook, 2022 & 2030
Fig. 30 Global External Pacemakers Market: Region Movement Analysis
Fig. 31 North America External Pacemakers Market, 2018-2030 (USD Million)
Fig. 32 U.S. External Pacemakers Market, 2018-2030 (USD Million)
Fig. 33 Canada External Pacemakers Market, 2018-2030 (USD Million)
Fig. 34 Europe External Pacemakers Market, 2018-2030 (USD Million)
Fig. 35 Germany External Pacemakers Market, 2018-2030 (USD Million)
Fig. 36 UK External Pacemakers Market, 2018-2030 (USD Million)
Fig. 37 France External Pacemakers Market, 2018-2030 (USD Million)
Fig. 38 Italy External Pacemakers Market, 2018-2030 (USD Million)
Fig. 39 Spain External Pacemakers Market, 2018-2030 (USD Million)
Fig. 40 Spain External Pacemakers Market, 2018-2030 (USD Million)
Fig. 41 Denmark External Pacemakers Market, 2018-2030 (USD Million)
Fig. 42 Sweden External Pacemakers Market, 2018-2030 (USD Million)
Fig. 43 Norway External Pacemakers Market, 2018-2030 (USD Million)
Fig. 44 Asia Pacific External Pacemakers Market, 2018-2030 (USD Million)
Fig. 45 Japan External Pacemakers Market, 2018-2030 (USD Million)
Fig. 46 China External Pacemakers Market, 2018-2030 (USD Million)
Fig. 47 India External Pacemakers Market, 2018-2030 (USD Million)
Fig. 48 Australia External Pacemakers Market, 2018-2030 (USD Million)
Fig. 49 South Korea External Pacemakers Market, 2018-2030 (USD Million)
Fig. 50 Thailand External Pacemakers Market, 2018-2030 (USD Million)
Fig. 51 Latin America External Pacemakers Market, 2018-2030 (USD Million)
Fig. 52 Brazil External Pacemakers Market, 2018-2030 (USD Million)
Fig. 53 Mexico External Pacemakers Market, 2018-2030 (USD Million)
Fig. 54 Argentina External Pacemakers Market, 2018-2030 (USD Million)
Fig. 55 Middle East and Africa External Pacemakers Market, 2018-2030 (USD Million)
Fig. 56 South Africa External Pacemakers Market, 2018-2030 (USD Million)
Fig. 57 Saudi Arabia External Pacemakers Market, 2018-2030 (USD Million)
Fig. 58 UAE External Pacemakers Market, 2018-2030 (USD Million)
Fig. 59 Kuwait External Pacemakers Market, 2018-2030 (USD Million)

Companies Mentioned

  • Boston Scientific Corporation
  • Medtronic
  • Pacetronix.com
  • OSYPKA MEDICAL
  • OSCOR Inc.
  • Fluke
  • Abbott
  • Avery Biomedical Devices, Inc.
  • BIOTRONIK
  • Lepu Medical Technology (Beijing) Co., Ltd.

Methodology

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Table Information

Report AttributeDetails
No. of Pages100
PublishedOctober 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 1.67 Billion
Forecasted Market Value ( USD ) by 2030 $ 2.17 Billion
Compound Annual Growth Rate3.4%
Regions CoveredGlobal
No. of Companies Mentioned10

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