Global Pacemaker Market, By Type (Implantable v/s External), By Technology (Dual Chamber, Single Chamber, Biventricular Chamber), By Product Type (MRI Compatible v/s Conventional), By Applications (Arrythmias, Congestive Heart Failure, Others), By End Use

Global Pacemaker Market, By Type (Implantable v/s External), By Technology (Dual Chamber, Single Chamber, Biventricular Chamber), By Product Type (MRI Compatible v/s Conventional), By Applications (Arrythmias, Congestive Heart Failure, Others), By End User (Hospitals, Cardiac Care Centers, Ambulatory Surgical Centers), By Region, Competition, Forecast & Opportunities, 2017-2027

The global pacemaker market is expected to grow at a steady CAGR of 6.06% in the forecast period to reach a value of USD7139.00 million by 2027. The primary factors attributing to the market growth are supportive government policies and the increased prevalence of cardiovascular diseases among the people. Also, the rise in the healthcare expenditure by the private and public players for the launch of technologically advanced pacemakers in the market is expected to create lucrative growth opportunities for the global pacemaker market in the next five years.

Consumers have started to opt for minimally invasive procedures as they are less costly and are more effective than traditional procedures. The increased funding from the public and private organizations for the development of the healthcare sector and research and development activities is improving the quality of care provided by the pacemakers. Also, the leading authorities are providing insurance coverage and reimbursement facilities to increase the accessibility of healthcare facilities to a wider audience. However, the high cost of pacemakers and the risk of infection from using pacemakers may restrain the growth of the global pacemaker market over the forecast period.

The global pacemaker market is segmented based on type, technology, product type, application, end user, regional distribution, and competitive landscape. Based on the end user, the market can be segmented into hospitals, ambulatory surgery centers, and others. Hospitals dominated the market in 2021 and held 55.30% of the overall market share. The segment is expected to maintain its dominance through the next five years. Patients prefer to visit hospitals for their treatment as they have specialized departments and skilled healthcare professionals, and all the services can be availed under a single roof. Also, hospitals have high budgets and can provide better care to their patients while they are admitted to the hospital facilities, which is one of the major reasons for their high demand globally.

Some of the major players operating in the global pacemaker market are Medtronic, Boston Scientific Corporation, Biotronik, Sorin Group, Lepu Medical Technology, Abbott Laboratories, Edwards Lifesciences Corporation, St. Jude Medical, B. Braun Melsungen AG, Shree Pacetronix, Osypka Medical GmbH, Medico S.P.A., Oscor Inc, Johnson & Johnson, Baxter, Philips Healthcare, Cardinal Health, Becton Dickinson and Company, Siemens Healthineers, Vitatron, and others.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022E

Forecast Period: 2023F-2027F

Objective of the Study:

  • To analyze the historical growth in the market size of the global pacemaker market from 2017 to 2021.
  • To estimate and forecast the market size of the global pacemaker market from 2022E to 2027F and growth rate until 2027F.
  • To classify and forecast the global pacemaker based on type, technology, product type, application, end user, regional distribution, and competitive landscape.
  • To identify drivers and challenges for the global pacemaker market.
  • To examine competitive developments such as expansions, new product launches, mergers, and acquisitions, etc., in the global pacemaker market.
  • To conduct pricing analysis for the global pacemaker market.
  • To identify and analyze the profile of leading players operating in global pacemaker market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading pacemaker manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the pacemaker manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the pacemaker manufacturers, distribution channels and presence of all major players operating in the global pacemaker market.

TechSci Research calculated the global pacemaker market size using a bottom-up approach, where data for various regions was recorded and forecasted for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
  • Pacemaker manufacturers/ suppliers/ distributors
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to pacemaker
  • Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as pacemaker manufacturers, suppliers, distributors, and other stakeholders. The report would enable the stakeholders in strategizing investments and capitalizing on emerging market opportunities.

Report Scope:

In this report, global pacemaker market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
  • Pacemaker Market, By Type:
  • Implantable
  • External
  • Pacemaker Market, By Technology:
  • Dual Chamber
  • Single Chamber
  • Biventricular Chamber
  • Pacemaker Market, By Product Type:
  • MRI Compatible
  • Conventional
  • Pacemaker Market, By Application:
  • Arrythmias
  • Congestive Heart Failure
  • Others
  • Pacemaker Market, By End User:
  • Hospitals
  • Cardiac care Centers
  • Ambulatory Surgical Centers
  • Pacemaker Market, By Region
  • North America
  • United States
  • Canada
  • Mexico
  • Europe & CIS
  • Russia
  • Germany
  • United Kingdom
  • Italy
  • France
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Indonesia
  • Australia
  • South Korea
  • Vietnam
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • Turkey
  • Egypt
  • Iran
  • South Africa
  • Saudi Arabia
  • UAE
Competitive Landscape

Company Profiles:
  • Detailed analysis of the major companies presents in global pacemaker market.
Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights


1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Pacemaker Market
5. Voice of Customer
5.1. Brand Awareness
5.2. Factors contributing to Arrythmia
5.3. Arrhythmia Prevalence, By Gender
5.4. Arrhythmia Prevalence, By Age Group
5.5. Arrhythmia Prevalence, By Region
6. Global Pacemaker Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Implantable v/s External)
6.2.2. By Technology (Dual Chamber, Single Chamber, Biventricular Chamber)
6.2.3. By Product Type (MRI Compatible v/s Conventional)
6.2.4. By Application (Arrythmias, Congestive Heart Failure, Others)
6.2.5. By End User (Hospitals, Cardiac Care Centers, Ambulatory Surgical Centers)
6.2.6. By Company (2021)
6.2.7. By Region
6.3. Market Map
6.3.1. By Type
6.3.2. By Technology
6.3.3. By Product Type
6.3.4. By Application
6.3.5. By End User
6.3.6. By Region
7. North America Pacemaker Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Technology
7.2.3. By Product Type
7.2.4. By Application
7.2.5. By End User
7.2.6. By Country
7.3. North America: Country Analysis
7.3.1. United States Pacemaker Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Technology
7.3.1.2.3. By Product Type
7.3.1.2.4. By Application
7.3.1.2.5. By End User
7.3.2. Canada Pacemaker Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Technology
7.3.2.2.3. By Product Type
7.3.2.2.4. By Application
7.3.2.2.5. By End User
7.3.3. Mexico Pacemaker Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Technology
7.3.3.2.3. By Product Type
7.3.3.2.4. By Application
7.3.3.2.5. By End User
8. Europe & CIS Pacemaker Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Technology
8.2.3. By Product Type
8.2.4. By Application
8.2.5. By End User
8.2.6. By Country
8.3. Europe & CIS: Country Analysis
8.3.1. Russia Pacemaker Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Technology
8.3.1.2.3. By Product Type
8.3.1.2.4. By Application
8.3.1.2.5. By End User
8.3.2. Germany Pacemaker Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Technology
8.3.2.2.3. By Product Type
8.3.2.2.4. By Application
8.3.2.2.5. By End User
8.3.3. United Kingdom Pacemaker Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Technology
8.3.3.2.3. By Product Type
8.3.3.2.4. By Application
8.3.3.2.5. By End User
8.3.4. Italy Pacemaker Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Technology
8.3.4.2.3. By Product Type
8.3.4.2.4. By Application
8.3.4.2.5. By End User
8.3.5. France Pacemaker Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By Technology
8.3.5.2.3. By Product Type
8.3.5.2.4. By Application
8.3.5.2.5. By End User
8.3.6. Spain Pacemaker Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Value
8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Type
8.3.6.2.2. By Technology
8.3.6.2.3. By Product Type
8.3.6.2.4. By Application
8.3.6.2.5. By End User
9. Asia-Pacific Pacemaker Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Technology
9.2.3. By Product Type
9.2.4. By Application
9.2.5. By End User
9.2.6. By Country
9.3. Asia-Pacific: Country Analysis
9.3.1. China Pacemaker Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Technology
9.3.1.2.3. By Product Type
9.3.1.2.4. By Application
9.3.1.2.5. By End User
9.3.2. India Pacemaker Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Technology
9.3.2.2.3. By Product Type
9.3.2.2.4. By Application
9.3.2.2.5. By End User
9.3.3. Japan Pacemaker Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Technology
9.3.3.2.3. By Product Type
9.3.3.2.4. By Application
9.3.3.2.5. By End User
9.3.4. Indonesia Pacemaker Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Type
9.3.4.2.2. By Technology
9.3.4.2.3. By Product Type
9.3.4.2.4. By Application
9.3.4.2.5. By End User
9.3.5. Australia Pacemaker Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Type
9.3.5.2.2. By Technology
9.3.5.2.3. By Product Type
9.3.5.2.4. By Application
9.3.5.2.5. By End User
9.3.6. South Korea Pacemaker Market Outlook
9.3.6.1. Market Size & Forecast
9.3.6.1.1. By Value
9.3.6.2. Market Share & Forecast
9.3.6.2.1. By Type
9.3.6.2.2. By Technology
9.3.6.2.3. By Product Type
9.3.6.2.4. By Application
9.3.6.2.5. By End User
9.3.7. Vietnam Pacemaker Market Outlook
9.3.7.1. Market Size & Forecast
9.3.7.1.1. By Value
9.3.7.2. Market Share & Forecast
9.3.7.2.1. By Type
9.3.7.2.2. By Technology
9.3.7.2.3. By Product Type
9.3.7.2.4. By Application
9.3.7.2.5. By End User
10. South America Pacemaker Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Technology
10.2.3. By Product Type
10.2.4. By Application
10.2.5. By End User
10.2.6. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Pacemaker Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Technology
10.3.1.2.3. By Product Type
10.3.1.2.4. By Application
10.3.1.2.5. By End User
10.3.2. Argentina Pacemaker Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By Technology
10.3.2.2.3. By Product Type
10.3.2.2.4. By Application
10.3.2.2.5. By End User
10.3.3. Colombia Pacemaker Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By Technology
10.3.3.2.3. By Product Type
10.3.3.2.4. By Application
10.3.3.2.5. By End User
11. Middle East and Africa Pacemaker Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By Technology
11.2.3. By Product Type
11.2.4. By Application
11.2.5. By End User
11.2.6. By Country
11.3. MEA: Country Analysis
11.3.1. Turkey Pacemaker Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Type
11.3.1.2.2. By Technology
11.3.1.2.3. By Product Type
11.3.1.2.4. By Application
11.3.1.2.5. By End User
11.3.2. Egypt Pacemaker Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Type
11.3.2.2.2. By Technology
11.3.2.2.3. By Product Type
11.3.2.2.4. By Application
11.3.2.2.5. By End User
11.3.3. Iran Pacemaker Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Type
11.3.3.2.2. By Technology
11.3.3.2.3. By Product Type
11.3.3.2.4. By Application
11.3.3.2.5. By End User
11.3.4. South Africa Pacemaker Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Type
11.3.4.2.2. By Technology
11.3.4.2.3. By Product Type
11.3.4.2.4. By Application
11.3.4.2.5. By End User
11.3.5. Saudi Arabia Pacemaker Market Outlook
11.3.5.1. Market Size & Forecast
11.3.5.1.1. By Value
11.3.5.2. Market Share & Forecast
11.3.5.2.1. By Type
11.3.5.2.2. By Technology
11.3.5.2.3. By Product Type
11.3.5.2.4. By Application
11.3.5.2.5. By End User
11.3.6. UAE Pacemaker Market Outlook
11.3.6.1. Market Size & Forecast
11.3.6.1.1. By Value
11.3.6.2. Market Share & Forecast
11.3.6.2.1. By Type
11.3.6.2.2. By Technology
11.3.6.2.3. By Product Type
11.3.6.2.4. By Application
11.3.6.2.5. By End User
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Competition Outlook
14.2. Players Profiled (Leading Companies)
14.2.1. Medtronic Inc
14.2.2. Boston Scientific Corporation
14.2.3. Sorin Group
14.2.4. Abbott Laboratories
14.2.5. Edwards Lifesciences Corporation
14.2.6. B. Braun Melsungen AG
14.2.7. Johnson & Johnson
14.2.8. Philips Healthcare
14.2.9. GE Healthcare Inc
14.2.10. Microport Scientific Corp
15. Strategic Recommendations

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