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Global Cardiac Pacemaker Market by Type (Implantable Cardiac Pacemake, External Cardiac Pacemaker), By Application (Hospitals, Cardiac Centers, Ambulatory Surgical Centers) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MDC-405
  • Author: Up Market Research
  • Rating: 4.5
  • Total Reviews: 91
  • No. Of Pages: 236
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  • Pub. Date: 2021-03-01
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The Global Cardiac Pacemaker Market size is expected to register a CAGR of 6.2% during the forecast period 2021-2028 and to reach USD 36,617 million by 2028. The major drivers for this growth are the increasing prevalence of heart diseases, the rising geriatric population with associated cardiovascular disorders, and technological advancements in implantable cardiac pacemakers from emerging economies such as India and China.


Cardiac Pacemaker is a device that is implanted in the chest cavity, and it regulates the heart's rhythm. A healthy human body has an electrical system that sends messages throughout our bodies to make them function properly. The cardiac pacemaker was invented by Wilson Greatbatch who wanted to help people suffering from irregular heartbeats or someone with a damaged heart (heart attack). The main purpose of this device is not only for regulating the heartbeat - but also for treating different types of arrhythmias such as atrial fibrillation [irregular heartbeat], etc.

Pacemakers are used during treatment for congestive heart failure, high blood pressure, and coronary artery disease; they can be set up so that when one chamber becomes irritable, its pacing activity will override other chambers and thus pacemaker will keep the heart pumping in an orderly manner.


On the basis of Type, the market is segmented into Implantable Cardiac Pacemaker and External Cardiac Pacemaker. Implantable heart pacemakers are segment expected to register higher growth rates over external cardiac pacemakers owing to increasing adoption for major procedures such as transcatheter aortic valve replacement (TAVR) procedure.


Implantable Cardiac Pacemaker:

An implantable Cardiac Pacemaker is a device implanted in the body with electrodes that are connected to either wall of the heart, by transmitting electrical signals through an electrode wire. The Implantable Cardiac Pacemaker is placed under the skin on top of the chest muscle; it is then positioned near the left or right ventricle to stimulate contractions and regulate heartbeat.

Implantable Cardiac Pacemakers are used to treat various cardiac arrhythmias. It can either be an atrial or ventricular implant and is positioned near the left or right ventricle in order to stimulate contractions and regulate heartbeat. It also regulates heartbeat which in turn helps prevent fatal cardiac events like arrhythmia. The Implantable Cardiac Pacemaker helps prevent fatal cardiac events like arrhythmia that would result from bradyarrhythmias, tachycardia, congestive heart failure (CHF), among other conditions.


External Cardiac Pacemaker:

External Cardiac Pacemaker is an electronic device that is implanted to the outside of a person’s chest. This pacemaker is used in those with electrical problems who need extra stimulation to keep their heart beating at a regular pace. External Cardiac Pacemakers are also known as external cardiac pacing devices and they work by sending pulses from the pulse generator in order to maintain or restore the automaticity of one's heartbeat.

These devices work by sending pulses from the pulse generator, which may consist of an internal or external pacemaker device that sends impulses to stimulate contractions of the heart when needed. They often include leads that are attached directly onto one's heart muscle through small incisions on their chest wall or abdomen as well as electrodes placed anywhere on your body where you want it stimulated such as your back, neck, or arms.

They are used in those with electrical problems who need extra stimulation to keep their heart beating at a regular pace. In the majority of cases, External Cardiac Pacing is not permanent and can be discontinued once certain conditions have been corrected.


On the basis of Application, the market is segmented into Hospitals, Cardiac Centers, and Ambulatory Surgical Centers. In the North American region, hospitals accounted for a significant share in total revenue generated by External cardiac devices in 2018 owing to its increasing prevalence among patients suffering from cardiovascular diseases such as hypertension or heart failure.


On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to grow significantly during the forecast period. A rise in the geriatric population base and increasing awareness among people regarding pacemaker usage will drive market growth in the North American region. Cardiac centers are majorly adopting external cardiac pacemakers for patients with severe heart disease or advanced stages of cardiomyopathy, etc., which is also driving the demand for cardiac devices on an average worldwide level.

North America is currently dominating all other regions while the Asia Pacific region has grown steadily due to large population size and increased awareness among people regarding cardiometabolic diseases which will lead to this region's demand for cardiovascular technologies in coming years.

The European market is expected to grow owing to the presence of well-established healthcare systems across countries along with improving distribution channels has increased adoption rates over time, which would result in anticipated high growths in this region over the coming years. Germany is one country that dominates the global cardiovascular device market, with an estimated share of 18% in 2018.


Up Market Research published a new report titled “Cardiac Pacemaker Market research report which is segmented by Types (Implantable Cardiac Pacemake, External Cardiac Pacemaker), By Applications (Hospitals, Cardiac Centers, Ambulatory Surgical Centers), By Players/Companies Medtronic’S, St.Jude Medical, Boston Scientific, BIOTRONIK, Lepu Medical Technology, MEDICOWEB, Pacetronix, LivaNova, Osypka Medical”. 


Report Scope

Report Attributes Report Details
Report Title Cardiac Pacemaker Market Research Report
By Type Implantable Cardiac Pacemake, External Cardiac Pacemaker
By Application Hospitals, Cardiac Centers, Ambulatory Surgical Centers
By Companies Medtronic’S, St.Jude Medical, Boston Scientific, BIOTRONIK, Lepu Medical Technology, MEDICOWEB, Pacetronix, LivaNova, Osypka Medical
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 236
Number of Tables & Figures 166
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Cardiac Pacemaker Industry Outlook

Global Cardiac Pacemaker Market Report Segments:

The market is segmented by Type Implantable Cardiac Pacemake, External Cardiac Pacemaker and By Application Hospitals, Cardiac Centers, Ambulatory Surgical Centers.


Some of the companies that are profiled in this report are:

  1. Medtronic’S
  2. St.Jude Medical
  3. Boston Scientific
  5. Lepu Medical Technology
  7. Pacetronix
  8. LivaNova
  9. Osypka Medical

Cardiac Pacemaker Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Cardiac Pacemaker Market

Overview of the regional outlook of the Cardiac Pacemaker Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Cardiac Pacemaker Market Overview

Highlights of The Cardiac Pacemaker Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Cardiac Pacemaker Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Implantable Cardiac Pacemake

                2. External Cardiac Pacemaker

       7. By Application:

                1. Hospitals

                2. Cardiac Centers

                3. Ambulatory Surgical Centers

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Cardiac Pacemaker Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
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Cardiac Pacemaker Market Statistics

Reasons to Purchase the Cardiac Pacemaker Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cardiac Pacemaker Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Cardiac Pacemaker Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Cardiac Pacemaker Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Cardiac Pacemaker Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Cardiac Pacemaker Market Size & Forecast, 2018-2028 
      4.5.1 Cardiac Pacemaker Market Size and Y-o-Y Growth 
      4.5.2 Cardiac Pacemaker Market Absolute $ Opportunity 

Chapter 5 Global Cardiac Pacemaker Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Cardiac Pacemaker Market Size Forecast by Type
      5.2.1 Implantable Cardiac Pacemake
      5.2.2 External Cardiac Pacemaker
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Cardiac Pacemaker Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Cardiac Pacemaker Market Size Forecast by Applications
      6.2.1 Hospitals
      6.2.2 Cardiac Centers
      6.2.3 Ambulatory Surgical Centers
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Cardiac Pacemaker Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Cardiac Pacemaker Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Cardiac Pacemaker Analysis and Forecast
   9.1 Introduction
   9.2 North America Cardiac Pacemaker Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Cardiac Pacemaker Market Size Forecast by Type
      9.6.1 Implantable Cardiac Pacemake
      9.6.2 External Cardiac Pacemaker
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Cardiac Pacemaker Market Size Forecast by Applications
      9.10.1 Hospitals
      9.10.2 Cardiac Centers
      9.10.3 Ambulatory Surgical Centers
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Cardiac Pacemaker Analysis and Forecast
   10.1 Introduction
   10.2 Europe Cardiac Pacemaker Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Cardiac Pacemaker Market Size Forecast by Type
      10.6.1 Implantable Cardiac Pacemake
      10.6.2 External Cardiac Pacemaker
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Cardiac Pacemaker Market Size Forecast by Applications
      10.10.1 Hospitals
      10.10.2 Cardiac Centers
      10.10.3 Ambulatory Surgical Centers
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Cardiac Pacemaker Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Cardiac Pacemaker Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Cardiac Pacemaker Market Size Forecast by Type
      11.6.1 Implantable Cardiac Pacemake
      11.6.2 External Cardiac Pacemaker
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Cardiac Pacemaker Market Size Forecast by Applications
      11.10.1 Hospitals
      11.10.2 Cardiac Centers
      11.10.3 Ambulatory Surgical Centers
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Cardiac Pacemaker Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Cardiac Pacemaker Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Cardiac Pacemaker Market Size Forecast by Type
      12.6.1 Implantable Cardiac Pacemake
      12.6.2 External Cardiac Pacemaker
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Cardiac Pacemaker Market Size Forecast by Applications
      12.10.1 Hospitals
      12.10.2 Cardiac Centers
      12.10.3 Ambulatory Surgical Centers
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Cardiac Pacemaker Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Cardiac Pacemaker Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Cardiac Pacemaker Market Size Forecast by Type
      13.6.1 Implantable Cardiac Pacemake
      13.6.2 External Cardiac Pacemaker
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Cardiac Pacemaker Market Size Forecast by Applications
      13.10.1 Hospitals
      13.10.2 Cardiac Centers
      13.10.3 Ambulatory Surgical Centers
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Cardiac Pacemaker Market: Competitive Dashboard
   14.2 Global Cardiac Pacemaker Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Medtronic’S
      14.3.2 St.Jude Medical
      14.3.3 Boston Scientific
      14.3.4 BIOTRONIK
      14.3.5 Lepu Medical Technology
      14.3.6 MEDICOWEB
      14.3.7 Pacetronix
      14.3.8 LivaNova
      14.3.9 Osypka Medical
Segments Covered in the Report
The global Cardiac Pacemaker market has been segmented based on

By Types
  • Implantable Cardiac Pacemake
  • External Cardiac Pacemaker
By Applications
  • Hospitals
  • Cardiac Centers
  • Ambulatory Surgical Centers
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Medtronic’S
  • St.Jude Medical
  • Boston Scientific
  • Lepu Medical Technology
  • Pacetronix
  • LivaNova
  • Osypka Medical

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