Report Description

United States pacemaker market is expected to witness healthy CAGR during the forecast period. Rise in cases of COVID-19, which have led to spike in spread of cardiovascular diseases among patients suffering from coronavirus, which is acting as a major growth driver for pacemaker market in the country. Along with this, favorable reimbursement procedures like medicare system and increasing demand for minimally invasive procedures are some key factors propelling the growth of United States pacemaker market. Increasing geriatric population which is more vulnerable to cardiovascular diseases is also fueling demand for pacemakers in the country.

Moreover, advent of battery-free pacemakers and increasing FDA approval for novel pacemakers are expected to drive the market growth through 2027. Also, launch of new products such as leadless pacemakers and MRI safe pacemakers are augmenting the United States pacemaker market. Furthermore, high per capita disposable income and increasing expenditure on healthcare is anticipated to boost the market growth in coming years.

United States pacemaker market is categorized based on type, product type, application, technology, end user and region. Based on technology, the market can be segmented into single chamber, dual chamber and CRT-P/biventricular pacemakers. Among them, CRT-P, also known as biventricular pacemakers, are expected to witness fastest growth during the forecast period. These pacemakers contain three leads, which are connected to the right atrium and both ventricles and are increasingly being used to treat people with arrhythmias caused by advanced heart failure.

Based on end user, United States pacemaker market can be segmented into hospitals & cardiac centers and ambulatory surgical centers. Among them, ambulatory surgical center segment is expected to witness significant growth in terms of revenue during the forecast period due to increasing need to curb the surgical and post-surgical spending and increasing prevalence of CVD in the country.

Major players operating in the United States pacemaker market inlcude Biotronik, Inc., Boston Scientific Corporation, Abbot Inc., Zoll Medical Corporation, Oscor Inc., Medtronic, Inc., Cordis, Inc., Livanova PLC, Medico Inc., Oscor Inc. and Osypka Medical Inc. Key market players are adopting growth strategies including new product launches, partnerships & collaborations and mergers & acquisitions, in order to increase their share in pacemaker market.

Objective of the Study:

  • To analyze and estimate the market size of United States pacemaker market from 2017 to 2020.
  • To estimate and forecast the market size of United States pacemaker market from 2021 to 2027 and growth rate until 2027.
  • to classify and forecast United States pacemaker market based on type, product type, application, technology, end user, company and regional distribution.
  • To identify dominant region or segment in the United States pacemaker market.
  • To identify drivers and challenges for United States pacemaker market.
  • To examine competitive developments such as expansions, mergers & acquisitions, etc., in United States pacemaker market.
  • To conduct pricing analysis for United States pacemaker market.
  • To identify and analyze the profile of leading players operating in United States pacemaker market.
  • To identify key sustainable strategies adopted by market players in United States pacemaker market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of pacemaker manufacturers across United States. 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 manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the presence of all major players across the country.

TechSci Research calculated the market size of United States pacemaker market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast 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 services and end users 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 service manufacturers, suppliers, distributors and other stakeholders
  • 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 the industry stakeholders such as pacemaker manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022E

Forecast Period

2023F – 2027F

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Product Type

·         Application

·         Technology

·         End User

Region Scope

South-Region, West-Region, Mid-West Region & Northeast-Region

Key Companies Profiled

Biotronik, Inc., Boston Scientific Corporation, Abbot Inc., Zoll Medical Corporation, Oscor Inc., Medtronic, Inc., Cordis, Inc., Livanova PLC, Medico Inc., Oscor Inc. and Osypka Medical Inc

Customization Scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, United States pacemaker market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • United States Pacemaker Market, By Type:
    • MRI Compatible Pacemakers
    • Conventional Pacemakers
  • United States Pacemaker Market, By Product Type:
    • Implantable Pacemaker
    • External Pacemaker
  • United States Pacemaker Market, By Application:
    • Heart Block
    • Arrhythmia
    • Atrial Fibrillation
    • Bradycardia
    • Tachycardia
    • Long QT Syndrome
  • United States Pacemaker Market, By Technology:
    • Single Chamber
    • Dual Chamber
    • CRT-P/Biventricular Pacemaker
  • United States Pacemaker Market, By End User:
    • Hospitals & Cardiac Centers
    • Ambulatory Surgical Centers
  • United States Pacemaker Market, By Region:
    • North-East
    • Mid-West
    • West
    • South

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States pacemaker market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on United States Pacemaker Market

4.    Executive Summary

5.    Voice of Customer

6.    United States Pacemaker Market Outlook

6.1.  Market Size & Forecast

6.1.1. By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (MRI Compatible Pacemakers, Conventional Pacemakers)

6.2.2.     By Product Type (Implantable Pacemaker, External Pacemaker)

6.2.3.     By Application (Heart Block, Arrhythmia, Atrial Fibrillation, Bradycardia, Tachycardia,  Long QT Syndrome)

6.2.4.     By Technology (Single Chamber, Dual Chamber, CRT-P/Biventricular Pacemaker)

6.2.5.     By End User (Hospitals & Cardiac Centers, Ambulatory Surgical Centers)

6.2.6.     By Region

6.2.7.     By Company

6.3.  Product Market Map

7.    United States Implantable 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 Product Type

7.2.3.     By Application

7.2.4.     By Technology

7.2.5.     By End user

7.3.  Pricing Analysis

8.    United States External 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 Product Type

8.2.3.     By Application

8.2.4.     By Technology

8.2.5.     By End user

8.3.  Pricing Analysis

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Development

11.  Policy & Regulatory Landscape

12.  Import Export Analysis

13.  United States Economic Profile

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles

14.2.1.  Biotronik, Inc.

14.2.2.  Boston Scientific Corporation

14.2.3.  Abbot Inc.

14.2.4.  Zoll Medical Corporation

14.2.5.  Oscor Inc.

14.2.6.  Medtronic, Inc.

14.2.7.  Cordis, Inc.

14.2.8.  Livanova PLC

14.2.9.  Medico Inc.

14.2.10.                Oscor Inc.

14.2.11.                Osypka Medical Inc.

15.  Strategic Recommendations

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Increasing cases of cardiovascular diseases and technological advancements in healthcare to drive United States pacemaker market during the forecast period.

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United States pacemaker market is categorized based on type, product type, application, technology, end user, company and regional distribution.

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Based on end-user, ambulatory surgical center segment is expected to hold the largest share in United States pacemaker market during forecast period.

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Major players operating in the United States pacemaker market include Biotronik, Inc., Boston Scientific Corporation, Abbot Inc., Zoll Medical Corporation, Oscor Inc., Medtronic, Inc., Cordis, Inc., Livanova PLC, Medico Inc., Oscor Inc. and Osypka Medical Inc.

profile

Sakshi Bajaal

Business Consultant
Press Release

United States Pacemaker Market to Register Healthy Growth through 2025

Oct, 2020

Increasing cases of cardiovascular diseases and technological advancements in healthcare to drive United States pacemaker market