Report Update Jan 1, 2025

Ecuador - Pacemakers for Stimulating Heart Muscles (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Pacemaker Market 2025

Pacemaker Market Size in Ecuador

The Ecuadorian pacemaker market soared to $X in 2021, jumping by 53% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a strong expansion. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the immediate term.

Pacemaker Exports

Exports from Ecuador

In 2021, shipments abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) increased by 68% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 250%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, pacemaker exports soared to $X in 2021. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 219% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Belgium (X units) was the main destination for pacemaker exports from Ecuador, accounting for a 66% share of total exports. Moreover, pacemaker exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium was relatively modest.

In value terms, Belgium ($X) emerged as the key foreign market for pacemakers for stimulating heart muscles (excl. parts and accessories) exports from Ecuador, comprising 52% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium was relatively modest.

Export Prices by Country

In 2021, the average pacemaker export price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 103% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Belgium amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-4.9%).

Pacemaker Imports

Imports into Ecuador

Pacemaker imports into Ecuador soared to X units in 2021, rising by 56% on the previous year's figure. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 161%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, pacemaker imports skyrocketed to $X in 2021. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 119%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

The Netherlands (X units), Singapore (X units) and Malaysia (X units) were the main suppliers of pacemaker imports to Ecuador, with a combined 50% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +89.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pacemaker suppliers to Ecuador were the Netherlands ($X), Switzerland ($X) and Malaysia ($X), with a combined 46% share of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of +54.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pacemaker import price stood at $X per unit in 2021, dropping by -2.6% against the previous year. In general, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pacemakers for stimulating heart muscles (excl. parts and accessories) in the world?

The countries with the highest volumes of pacemaker consumption in 2020 were China, the United States and India, with a combined 54% share of global consumption.

What are the largest producers of pacemakers for stimulating heart muscles (excl. parts and accessories) in the world?

The countries with the highest volumes of pacemaker production in 2020 were China, the United States and India, together comprising 52% of global production. These countries were followed by Malaysia, Russia, Germany, Mexico, Switzerland, Turkey, Ireland and Egypt, which together accounted for a further 25%.

What are the leading suppliers of pacemakers for stimulating heart muscles (excl. parts and accessories) to Ecuador?

In value terms, Switzerland, Malaysia and the United States constituted the largest pacemaker suppliers to Ecuador, together accounting for 76% of total imports.

What are the leading importers of pacemakers for stimulating heart muscles (excl. parts and accessories) from Ecuador?

In value terms, the Netherlands remains the key foreign market for pacemaker exports from Ecuador.

What is the average export price for pacemakers for stimulating heart muscles (excl. parts and accessories) in Ecuador?

In 2020, the average pacemaker export price amounted to $2,224 per unit, surging by 8.9% against the previous year.

What is the average import price for pacemakers for stimulating heart muscles (excl. parts and accessories) in Ecuador?

The average pacemaker import price stood at $900 per unit in 2020, dropping by -36.5% against the previous year.

This report provides an in-depth analysis of the pacemaker market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26601450 - Pacemakers for stimulating heart muscles (excluding parts and accessories)

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024