Pacemaker Manufacturing in the US - Industry Market Research Report

Pacemaker Manufacturing in the US - Industry Market Research Report

Pacemaker Manufacturing

The Pacemaker Manufacturing industry has experienced a mixed performance over the five years to 2019, as rising domestic demand has failed to translate to revenue growth. While expanding healthcare coverage, an aging population and technological advances have bolstered the market for pacemakers, a variety of factors have prevented operators from realizing gains. Notably, pacemaker manufacturers have experienced intense pricing pressure from group purchasing organizations, which have leveraged their large scale to negotiate lower pacemaker prices for major purchasers such as hospitals. Moreover, rising global competition and new market opportunities have prompted manufacturers to outsource production, as less expensive pacemakers have entered the domestic marketplace. Over the next five years, the industry is expected to further consolidate as revenue is projected to fall.

This industry manufactures medical devices that use electric pulses to regulate a person’s heartbeat.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.