Global Implantable Pacemakers Market Size & Outlook

The implantable pacemakers industry worldwide is expected to reach a projected revenue of US$ 3,776.4 million by 2030. A compound annual growth rate of 3.7% is expected of the worldwide implantable pacemakers industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,931.9
Forecast, 2030 (US$M)
$3,776.4
CAGR, 2024 - 2030
3.7%
Report Coverage
Worldwide

Global implantable pacemakers market, 2018-2030 (US$M)

Related Markets

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Global implantable pacemakers market highlights

  • The global implantable pacemakers market generated a revenue of USD 2,931.9 million in 2023 and is expected to reach USD 3,776.4 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 3.7% by 2030.
  • In terms of segment, hospitals accounted for a revenue of USD 2,158.5 million in 2023.
  • Outpatient Facilities is the most lucrative end use segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 2,931.9 million
Market revenue in 2030USD 3,776.4 million
Growth rate3.7% (CAGR from 2023 to 2030)
Largest segmentHospitals
Fastest growing segmentOutpatient Facilities
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHospitals, Outpatient Facilities

Other key industry trends

  • In terms of revenue, the North America accounted for 40.1% of the global implantable pacemakers market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 33.3 million by 2030.

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Implantable Pacemakers Market Scope

Implantable pacemakers market segmentation & scope
Homecare
Research Manufacturing
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
U.S.
France
Germany
Italy
UK
Spain
Denmark
Norway
Sweden
China
India
Japan
Australia
South Korea
Thailand
Brazil
Mexico
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Implantable Pacemakers Market Companies

Name Profile # Employees HQ Website

Global implantable pacemakers market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to implantable pacemakers market will help companies and investors design strategic landscapes.


Hospitals was the largest segment with a revenue share of 73.62% in 2023. Horizon Databook has segmented the Global implantable pacemakers market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Implantable Pacemakers End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals
    • Outpatient Facilities
    • Homecare
    • Research Manufacturing
  • Global Implantable Pacemakers Application Outlook (Revenue, USD Million, 2018-2030)
    • Arrhythmias
      • Atrial Fibrillation
      • Heart Block
      • Long QT Syndrome
    • Bradycardia
    • Acute Myocardial Infarction
    • Congestive Heart Failure
    • Others
  • Global Implantable Pacemakers Product Outlook (Revenue, USD Million, 2018-2030)
    • Single Chamber
    • Dual Chamber
    • Biventricular Chamber

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Target buyers of Global implantable pacemakers market databook

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Horizon Databook provides a detailed overview of global-level data and insights on the Global implantable pacemakers market , including forecasts for subscribers. This global databook contains high-level insights into Global implantable pacemakers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global implantable pacemakers market size, by region, 2018-2030 (US$M)

Top 10 countries: Implantable pacemakers market size, 2023 (US$M)

Global implantable pacemakers market share, by end use, 2023 & 2030 (%, US$M)

Implantable pacemakers market: Opportunity assessment by country

Global implantable pacemakers market, by region, 2023 (US$M)

Global implantable pacemakers market size, by region, 2018-2030 (US$M)

End Use 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
Latin America 152.0 160.8 155.9 156.3 160.4 164.9 169.6 174.7 180.1 185.9 192.1 198.7 205.8 3.3%
Europe 810.4 859.8 836.6 841.3 866.3 893.1 921.8 952.4 985.2 1,020.2 1,057.6 1,097.7 1,140.5 3.6%
North America 1,080.1 1,143.0 1,109.4 1,112.6 1,142.8 1,175.2 1,209.8 1,246.8 1,286.4 1,328.7 1,373.9 1,422.3 1,473.9 3.4%
MEA 92.0 97.8 95.3 95.8 98.5 101.4 104.4 107.4 110.6 113.8 117.2 120.7 124.3 3.1%
Asia Pacific 509.5 547.3 539.2 548.9 572.3 597.4 624.3 653.0 683.9 717.1 752.6 790.9 832.0 5.0%
Overall 2,644.1 2,808.7 2,736.4 2,754.9 2,840.5 2,931.9 3,029.8 3,134.4 3,246.2 3,365.7 3,493.5 3,630.2 3,776.4 3.7%

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