Cardiac Pacemakers Market by Product Type, Technology, and Geography - Forecast and Analysis 2023-2027

Published: Mar 2023 Pages: 155 SKU: IRTNTR75106

The cardiac pacemakers market is estimated to grow at a CAGR of 5.7% between 2022 and 2027. The size of the market is forecast to increase by USD 4,019.09 million. The growth of the market depends on several factors, including the growing prevalence of cardiovascular diseases, favorable reimbursement policies, and rising demand in emerging markets. 

This report extensively covers market segmentation by product type (implantable cardiac pacemakers and external cardiac pacemakers), technology (single-chamber cardiac pacemakers, dual-chamber cardiac pacemakers, and bi-ventricular cardiac pacemakers), and geography (North America, Europe, Asia, and Rest of World). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Cardiac Pacemakers Market During the Forecast Period?

To learn more about this report, View Report Sample

Cardiac Pacemakers Market: Key Drivers, Trends, Challenges, and Customer Landscape

The growing prevalence of cardiovascular diseases is notably driving the market growth, although factors such as the shortage of a trained workforce may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Cardiac Pacemakers Market Driver

The growing prevalence of cardiovascular diseases is notably driving the market growth. Cardiovascular diseases like arrhythmias and heart failure pose serious health risks to aging populations throughout the world. As people get older, they are more likely to develop these illnesses. Other factors like unhealthy eating, inactivity, and obesity are also responsible to increase the risk of such diseases. The prevalence of cardiovascular diseases is rising, and as a result, the demand for medical equipment like cardiac pacemakers is also increasing. The market for cardiac pacemakers is expected to grow further as cardiovascular diseases spread across the globe.

Other market growth drivers, besides aging populations and lifestyle factors, include favorable reimbursement policies, technological advancements, and growing recognition and diagnosis of heart conditions. However, pacemaker technology advancements are improving patient outcomes and quality of life. For instance, remote monitoring technology enables doctors to remotely check on pacemaker performance and patient health, doing away with the need for follow-up visits in person. Patients who use wireless pacemakers can lead more active lives without worrying about lead fractures or dislodgment. Hence, these factors are expected to drive the growth of the market in focus during the forecast period.

Significant Cardiac Pacemakers Market Trend

The increasing use of remote monitoring is an emerging trend in the market growth. Pacemaker patients used to physically attend follow-up appointments on a regular basis to ensure that their device was functioning properly and to assess their overall health. However, advances in remote monitoring technology now allow doctors to remotely check on pacemaker performance and patient health, improving patient outcomes and reducing the need for in-person visits. Through remote monitoring technology, medical professionals can wirelessly receive pacemaker data, analyze it, and determine whether the pacemaker is functioning properly. If a problem is found, the medical expert may contact the patient to arrange a visit or change the pacemaker's settings remotely. This enables the early identification of any pacemaker problems, potentially lowering the risk of complications and enhancing patient outcomes.

Remote monitoring can benefit patients and healthcare systems by easing the burden on them by reducing the need for in-person appointments. This is especially helpful for patients who may have to travel a long distance for appointments in remote areas or areas with limited healthcare resources. The use of remote monitoring technology will be more essential as the world's population ages and the demand for pacemakers rises in order to improve patient outcomes and reduce healthcare costs. Thus, these factors are expected to drive the growth of the market in focus during the forecast period.

Major Cardiac Pacemakers Market Challenge

The shortage of trained workforce is a major challenge impeding the market growth. The growing need for cardiac pacemakers among the aging population is posing a serious problem for the world's healthcare systems. A shortage of qualified medical personnel who can perform the procedures and efficiently monitor patients may arise as more people require pacemakers. Longer wait times caused by this shortage may have an adverse effect on patient outcomes and quality of life.

A strain on healthcare resources may also result in higher healthcare costs, which patients and healthcare systems may find difficult to bear. This problem highlights the need for increased funding for healthcare infrastructure, training for healthcare professionals, and innovative technologies that can enhance patient outcomes while reducing the demand for healthcare resources. Therefore, these factors are expected to hinder the growth of the market in focus during the forecast period.

Key Cardiac Pacemakers Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Cardiac Pacemakers Market Customer Landscape

Who are the Major Cardiac Pacemakers Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

BIOTRONIK SE and Co. KG - The company develops, produces, and markets devices for cardiac rhythm management and vascular intervention solutions, including diagnostic tools, pacemakers, implantable defibrillators, leads, and more. The key offerings of the company include cardiac pacemakers such as Arrhythmia monitoring, Bradycardia, Tachycardia, and external devices.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Abbott Laboratories
  • Asahi Kasei Corp.
  • Boston Scientific Corp.
  • Cook Group Inc.
  • Edwards Lifesciences Corp.
  • Lepu Medical Technology Beijing Co. Ltd.
  • LivaNova Plc
  • Med Rel Inc.
  • MEDICO S.R.L.
  • Medtronic Plc
  • MicroPort Scientific Corp.
  • OSCOR Inc.
  • Osypka Medical GmBH
  • Shree Pacetronix Ltd.
  • Uscom Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Cardiac Pacemakers Market?

The market share growth by the implantable cardiac pacemakers segment will be significant during the forecast period. Implantable cardiac pacemakers can be used by patients with irregular or slow heartbeats to keep their heart rates within normal range. The market for implantable cardiac pacemakers is expected to see a significant increase between 2023 and 2027. This growth is being attributed to a number of factors, including the aging population, rising heart disease rates, and growing interest in minimally invasive surgery.

Get a glance at the market contribution of various segments View the PDF Sample

The implantable cardiac pacemakers segment was valued at USD 8,047.54 million in 2017 and continued to grow until 2021. During the forecast period, the market expansion is anticipated to be fueled by the emergence of cutting-edge technologies like leadless pacemakers and pacemakers that can be used with magnetic resonance imaging (MRI). North America and Europe are anticipated to dominate the market during the forecast period as a result of the high prevalence of heart disease and the presence of significant players. However, APAC is anticipated to experience the highest growth because of rising cardiac disease awareness and rising healthcare spending in developing nations like China and India. Owing to all these factors, the demand for implantable cardiac pacemakers is expected to increase, which will, in turn, drive the growth of the market during the forecast period.

Which are the Key Regions for the Cardiac Pacemakers Market?

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The high healthcare costs associated with cardiovascular disease (CVD), an increase in the use of technologically advanced cardiac pacemakers devices, a high prevalence of CVD, and an aging population are all factors contributing to the regional market's rapid growth in North America. The US Census Bureau estimates that 17% of Americans were 65 years of age or older in 2021. Similarly, the elderly population has a higher risk of developing CVD, which will increase demand for cardiac pacemakers in the area during the forecast period. The two countries that contribute the most revenue to the North American market are the US and Canada.

The region has extremely modern healthcare facilities with improved infrastructure. People with cardiac disorders can easily access these facilities. Additionally, the region has a high rate of sales of cardiac pacemakers as a result of the rising prevalence of chronic diseases, particularly heart disorders, among people of all ages. A type of CVD, a heart attack is accompanied by USD 318 billion in direct and indirect costs, including medical expenses and lost productivity. These conditions can result in mortality or stroke. Early disease detection is necessary for those who have CVDs or are at high cardiovascular risk due to the presence of one or more risk factors, such as diabetes and hypertension. Therefore, such factors will boost the regional market growth during the forecast period. 

In 2020, the market in North America was significantly impacted by the COVID-19 pandemic. However, the introduction of COVID-19 vaccines in 2021, contributed to the recovery of the confidence of patients in the healthcare system and the promotion of the healthcare market in the region. This, along with heightened awareness of the value of early diagnosis and treatment of heart disease, resulted in a rise in pacemaker demand. Furthermore, technology developments such as wireless pacemakers and remote monitoring are also anticipated to fuel market expansion. Therefore, such factors are anticipated to expand the market growth during the forecast period. 

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Type Outlook (USD Million, 2017 - 2027)
    • Implantable cardiac pacemakers
    • External cardiac pacemakers
  • Technology Outlook (USD Million, 2017 - 2027)
    • Single-chamber cardiac pacemakers
    • Dual-chamber cardiac pacemakers
    • Bi-ventricular cardiac pacemakers
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
      • Vietnam
      • Others
    • Rest of World 
      • Saudi Arabia
      • South Africa
      • Brazil
      • Others

Parent Market Analysis

Technavio categorizes the global cardiac pacemakers market as a part of the global healthcare equipment market. The parent global healthcare equipment market covers products and companies engaged in research and development (R&D) of a variety of product categories, including capital equipment, instruments, implants, accessories, and consumables that are used for the diagnosis, monitoring, and treatment of various diseases. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Cardiac Pacemakers Market Scope

Report Coverage

Details

Page number

155

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.7%

Market growth 2023-2027

USD 4,019.09 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.55

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 38%

Key countries

US, Canada, Germany, UK, and China

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Abbott Laboratories, Asahi Kasei Corp., BIOTRONIK SE and Co. KG, Boston Scientific Corp., Cook Group Inc., Edwards Lifesciences Corp., Lepu Medical Technology Beijing Co. Ltd., LivaNova Plc, Med Rel Inc., MEDICO S.R.L., Medtronic Plc, MicroPort Scientific Corp., OSCOR Inc., Osypka Medical GmBH, Shree Pacetronix Ltd., and Uscom Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View the PDF sample

What are the Key Data Covered in this Cardiac Pacemakers Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the cardiac pacemakers market between 2023 and 2027
  • Precise estimation of the size of the cardiac pacemakers market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of cardiac pacemakers market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global cardiac pacemakers market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global cardiac pacemakers market 2017 - 2021 ($ million)
    • 4.2 Product type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product type Segment 2017 - 2021 ($ million)
    • 4.3 Technology Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Product Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Product Type
      • Exhibit 32: Chart on Comparison by Product Type
      • Exhibit 33: Data Table on Comparison by Product Type
    • 6.3 Implantable cardiac pacemakers - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Implantable cardiac pacemakers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Implantable cardiac pacemakers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Implantable cardiac pacemakers - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Implantable cardiac pacemakers - Year-over-year growth 2022-2027 (%)
    • 6.4 External cardiac pacemakers - Market size and forecast 2022-2027
      • Exhibit 38: Chart on External cardiac pacemakers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on External cardiac pacemakers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on External cardiac pacemakers - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on External cardiac pacemakers - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product Type
      • Exhibit 42: Market opportunity by Product Type ($ million)
      • Exhibit 43: Data Table on Market opportunity by Product Type ($ million)

    7 Market Segmentation by Technology

    • 7.1 Market segments
      • Exhibit 44: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Technology - Market share 2022-2027 (%)
    • 7.2 Comparison by Technology
      • Exhibit 46: Chart on Comparison by Technology
      • Exhibit 47: Data Table on Comparison by Technology
    • 7.3 Single-chamber cardiac pacemakers - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Single-chamber cardiac pacemakers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Single-chamber cardiac pacemakers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Single-chamber cardiac pacemakers - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Single-chamber cardiac pacemakers - Year-over-year growth 2022-2027 (%)
    • 7.4 Dual-chamber cardiac pacemakers - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Dual-chamber cardiac pacemakers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Dual-chamber cardiac pacemakers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Dual-chamber cardiac pacemakers - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Dual-chamber cardiac pacemakers - Year-over-year growth 2022-2027 (%)
    • 7.5 Bi-ventricular cardiac pacemakers - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Bi-ventricular cardiac pacemakers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Bi-ventricular cardiac pacemakers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Bi-ventricular cardiac pacemakers - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Bi-ventricular cardiac pacemakers - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Technology
      • Exhibit 60: Market opportunity by Technology ($ million)
      • Exhibit 61: Data Table on Market opportunity by Technology ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Asia - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 9.7 US - Market size and forecast 2022-2027
      • Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.8 Canada - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Abbott Laboratories
              • Exhibit 111: Abbott Laboratories - Overview
              • Exhibit 112: Abbott Laboratories - Business segments
              • Exhibit 113: Abbott Laboratories - Key news
              • Exhibit 114: Abbott Laboratories - Key offerings
              • Exhibit 115: Abbott Laboratories - Segment focus
            • 12.4 Asahi Kasei Corp.
              • Exhibit 116: Asahi Kasei Corp. - Overview
              • Exhibit 117: Asahi Kasei Corp. - Business segments
              • Exhibit 118: Asahi Kasei Corp. - Key news
              • Exhibit 119: Asahi Kasei Corp. - Key offerings
              • Exhibit 120: Asahi Kasei Corp. - Segment focus
            • 12.5 BIOTRONIK SE and Co. KG
              • Exhibit 121: BIOTRONIK SE and Co. KG - Overview
              • Exhibit 122: BIOTRONIK SE and Co. KG - Product / Service
              • Exhibit 123: BIOTRONIK SE and Co. KG - Key offerings
            • 12.6 Boston Scientific Corp.
              • Exhibit 124: Boston Scientific Corp. - Overview
              • Exhibit 125: Boston Scientific Corp. - Business segments
              • Exhibit 126: Boston Scientific Corp. - Key news
              • Exhibit 127: Boston Scientific Corp. - Key offerings
              • Exhibit 128: Boston Scientific Corp. - Segment focus
            • 12.7 Cook Group Inc.
              • Exhibit 129: Cook Group Inc. - Overview
              • Exhibit 130: Cook Group Inc. - Product / Service
              • Exhibit 131: Cook Group Inc. - Key offerings
            • 12.8 Lepu Medical Technology Beijing Co. Ltd.
              • Exhibit 132: Lepu Medical Technology Beijing Co. Ltd. - Overview
              • Exhibit 133: Lepu Medical Technology Beijing Co. Ltd. - Product / Service
              • Exhibit 134: Lepu Medical Technology Beijing Co. Ltd. - Key offerings
            • 12.9 LivaNova Plc
              • Exhibit 135: LivaNova Plc - Overview
              • Exhibit 136: LivaNova Plc - Business segments
              • Exhibit 137: LivaNova Plc - Key offerings
              • Exhibit 138: LivaNova Plc - Segment focus
            • 12.10 Med Rel Inc.
              • Exhibit 139: Med Rel Inc. - Overview
              • Exhibit 140: Med Rel Inc. - Product / Service
              • Exhibit 141: Med Rel Inc. - Key offerings
            • 12.11 MEDICO S.R.L.
              • Exhibit 142: MEDICO S.R.L. - Overview
              • Exhibit 143: MEDICO S.R.L. - Product / Service
              • Exhibit 144: MEDICO S.R.L. - Key offerings
            • 12.12 Medtronic Plc
              • Exhibit 145: Medtronic Plc - Overview
              • Exhibit 146: Medtronic Plc - Business segments
              • Exhibit 147: Medtronic Plc - Key news
              • Exhibit 148: Medtronic Plc - Key offerings
              • Exhibit 149: Medtronic Plc - Segment focus
            • 12.13 MicroPort Scientific Corp.
              • Exhibit 150: MicroPort Scientific Corp. - Overview
              • Exhibit 151: MicroPort Scientific Corp. - Business segments
              • Exhibit 152: MicroPort Scientific Corp. - Key offerings
              • Exhibit 153: MicroPort Scientific Corp. - Segment focus
            • 12.14 OSCOR Inc.
              • Exhibit 154: OSCOR Inc. - Overview
              • Exhibit 155: OSCOR Inc. - Product / Service
              • Exhibit 156: OSCOR Inc. - Key offerings
            • 12.15 Osypka Medical GmBH
              • Exhibit 157: Osypka Medical GmBH - Overview
              • Exhibit 158: Osypka Medical GmBH - Product / Service
              • Exhibit 159: Osypka Medical GmBH - Key offerings
            • 12.16 Shree Pacetronix Ltd.
              • Exhibit 160: Shree Pacetronix Ltd. - Overview
              • Exhibit 161: Shree Pacetronix Ltd. - Product / Service
              • Exhibit 162: Shree Pacetronix Ltd. - Key offerings
            • 12.17 Uscom Ltd.
              • Exhibit 163: Uscom Ltd. - Overview
              • Exhibit 164: Uscom Ltd. - Business segments
              • Exhibit 165: Uscom Ltd. - Key offerings
              • Exhibit 166: Uscom Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 167: Inclusions checklist
                • Exhibit 168: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 169: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 170: Research methodology
                • Exhibit 171: Validation techniques employed for market sizing
                • Exhibit 172: Information sources
              • 13.5 List of abbreviations
                • Exhibit 173: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              cardiac pacemakers market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis