Europe Pacemakers Market

Historic Data: 2016-2017   |   Base Year: 2018   |    Forecast Period: 2019-2027

Analysis and Forecasts By Product Type (Implantable Pacemakers, External Pacemakers) By Technology (Single Chambered, Dual Chambered, and Bi-Ventricular), By End User (Hospitals, Ambulatory Surgical Centers, and Others), and Country


No. of Pages: 126  |  Report Code: TIPRE00006296  |  Category: Life Sciences

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Europe Pacemakers Market

The Europe pacemaker market is expected to reach US$ 2,408.5 Mn in 2027 from US$ 1,248.7 Mn in 2018. The market is projected to grow with a CAGR of 7.7% from 2019-2027.

 

The growth in Europe is characterized by increasing prevalences of cardiovascular diseases, rapid technology advancements in Europe, and the growing healthcare market.

 

Cardiovascular diseases are associated with factors like eating habits, exercising, and smoking. Genetic makeup is also responsible for cardiovascular disease. Low birth weight is associated with developing coronary heart disease, stroke, and high blood pressure. Obese people are at higher risk of developing cardiovascular diseases as obesity is associated with hypertension and low concentrations of HDL cholesterol. As per the European Cardiovascular Disease Statistics 2017, 3.9 million deaths in Europe are due to CVDs. Furthermore, it has also mentioned that cardiovascular diseases account for 45% of all deaths in Europe and 37% of all deaths in the European Union. Moreover, according to the Fact Sheet on Tobacco and Oral Health (2018), Europe has the highest prevalence of tobacco smoking among adults (28%). It also mentioned that the WHO European Region is one of the regions having a large number of deaths due to tobacco use. Thus, such a high prevalence of cardiovascular diseases in Europe is anticipated to lead the market growth in the coming years.

 

In addition, during the year 2016 to 2019, various companies have made organic and inorganic growth strategies in the market there are operating. Some of the activities undertaken by the company, which have promoted its growth are product launches, acquisition, and partnership. The organic development strategy has been implemented widely that have helped the growth of the companies and in turn, have brought about various changes in the market. For instance, in June 2017, BIOTRONIK introduced its pacemaker series featuring BIOTRONIK’s MRI AutoDetect technology. The Edora series with MRI AutoDetect minimizes programming burdens that ensure patient safety during MR imaging.

 

The France pacemakers market is expected to grow at the highest rate during the forecast period. The growth of this market is primarily driven by increasing prevalence of cardiovascular diseases, increasing number of pacemaker implantation, the rising advent of electronic implantable devices, and the introduction of novel heart rhythm management solutions.

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Europe Pacemakers Strategic Insights

Strategic insights for the Europe Pacemakers provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Europe Pacemakers Report Scope

Report Attribute Details
Market size in 2018 US$ 1,248.7 Million
Market Size by 2027 US$ 2,408.5 Million
Global CAGR (2019 - 2027) 7.7%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Product Type
  • Implantable Pacemakers
  • External Pacemakers
By Technology
  • Single Chambered
  • Dual Chambered
  • Bi-Ventricular
By End User
  • Hospitals
  • Ambulatory Surgical Centers
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Medtronic
  • Abbott
  • BIOTRONIK
  • LivaNova Plc.
  • Boston Scientific Corporation
  • Lepu Medical
  • MEDICO S.p.A.
  • Vitatron Holding B.V.
  • OSCOR Inc
  • Pacetronix
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Europe Pacemakers Regional Insights

The geographic scope of the Europe Pacemakers refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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EUROPE PACEMAKER MARKET– MARKET SEGMENTATION

 

Europe Pacemaker market – By

Product

Type

  • Implantable Pacemakers
  • External Pacemakers

Europe Pacemaker market – By Technology

  • Single Chambered
  • Dual Chambered
  •  Bi-Ventricular

Europe Pacemaker market – By

End User

  • Hospitals & Clinics
  • Ambulatory Surgery Centers
  • Homecares

 

By Geography

•   Europe

  • UK
  • Germany
  • France
  • Italy
  • Spain

 

Company Profiles

  • Medtronic
  • Abbott
  • BIOTRONIK
  • LivaNova Plc.
  • Boston Scientific Corporation
  • Lepu Medical
  • MEDICO S.p.A.
  • Vitatron Holding B.V.
  • OSCOR Inc
  • Pacetronix

The List of Companies - Europe Pacemakers Market

The List of Companies

 

  1. Medtronic
  2. Abbott
  3. BIOTRONIK
  4. LivaNova Plc.
  5. Boston Scientific Corporation
  6. Lepu Medical
  7. MEDICO S.p.A.
  8. Vitatron Holding B.V.
  9. OSCOR Inc
  10. Pacetronix

 

Frequently Asked Questions
How big is the Europe Pacemakers Market?

The Europe Pacemakers Market is valued at US$ 1,248.7 Million in 2018, it is projected to reach US$ 2,408.5 Million by 2027.

What is the CAGR for Europe Pacemakers Market by (2019 - 2027)?

As per our report Europe Pacemakers Market, the market size is valued at US$ 1,248.7 Million in 2018, projecting it to reach US$ 2,408.5 Million by 2027. This translates to a CAGR of approximately 7.7% during the forecast period.

What segments are covered in this report?

The Europe Pacemakers Market report typically cover these key segments-

  • Product Type (Implantable Pacemakers, External Pacemakers)
  • Technology (Single Chambered, Dual Chambered, Bi-Ventricular)
  • End User (Hospitals, Ambulatory Surgical Centers)
  • What is the historic period, base year, and forecast period taken for Europe Pacemakers Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Pacemakers Market report:

  • Historic Period : 2016-2017
  • Base Year : 2018
  • Forecast Period : 2019-2027
  • Who are the major players in Europe Pacemakers Market?

    The Europe Pacemakers Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Medtronic
  • Abbott
  • BIOTRONIK
  • LivaNova Plc.
  • Boston Scientific Corporation
  • Lepu Medical
  • MEDICO S.p.A.
  • Vitatron Holding B.V.
  • OSCOR Inc
  • Pacetronix
  • Who should buy this report?

    The Europe Pacemakers Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Pacemakers Market value chain can benefit from the information contained in a comprehensive market report.