Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

India: Pacemaker Market 2024

Pacemaker Market Size in India

The Indian pacemaker market rose slightly to $X in 2021, increasing by 1.7% against the previous year. In general, consumption showed a strong increase. Over the period under review, the market reached the peak level at $X in 2019; afterwards, it flattened through to 2021.

Pacemaker Production in India

In value terms, pacemaker production contracted slightly to $X in 2021 estimated in export price. Overall, production enjoyed prominent growth. The pace of growth was the most pronounced in 2019 with an increase of 19%. Over the period under review, production hit record highs at $X in 2020, and then fell modestly in the following year.

Pacemaker Exports

Exports from India

Pacemaker exports from India declined markedly to X units in 2021, shrinking by -64.6% on 2020. In general, exports showed a abrupt slump. The growth pace was the most rapid in 2018 when exports increased by 124%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, pacemaker exports expanded significantly to $X in 2021. Over the period under review, exports saw a noticeable decline. The pace of growth was the most pronounced in 2013 with an increase of 33%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for pacemaker exports from India, accounting for a 47% share of total exports. Moreover, pacemaker exports to the Netherlands exceeded the volume sent to the second major destination, Sri Lanka (X units), threefold. The United States (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to +50.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (-17.7% per year) and the United States (-17.6% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for pacemakers for stimulating heart muscles (excl. parts and accessories) exports from India, comprising 52% of total exports. The second position in the ranking was held by Spain ($X), with a 24% share of total exports. It was followed by the United States, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +56.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+106.5% per year) and the United States (+0.5% per year).

Export Prices by Country

In 2021, the average pacemaker export price amounted to $X per unit, growing by 200% against the previous year. In general, the export price saw a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+76.4%), while the prices for the other major destinations experienced more modest paces of growth.

Pacemaker Imports

Imports into India

In 2021, the amount of pacemakers for stimulating heart muscles (excl. parts and accessories) imported into India soared to X units, with an increase of 53% against 2020. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pacemaker imports skyrocketed to $X in 2021. In general, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore (X units), Belgium (X units) and Malaysia (X units) were the main suppliers of pacemaker imports to India, together accounting for 79% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +88.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pacemaker suppliers to India were Belgium ($X), Malaysia ($X) and Singapore ($X), together accounting for 78% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +101.9%, recorded 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, increasing by 8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +6.0%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 22%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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, with a combined 52% share of global production. Malaysia, Russia, Germany, Mexico, Switzerland, Turkey, Ireland and Egypt lagged somewhat behind, together comprising a further 25%.

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

In value terms, Belgium constituted the largest supplier of pacemaker to India, comprising 59% of total imports. The second position in the ranking was occupied by Singapore, with a 16% share of total imports. It was followed by Germany, with a 16% share.

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

In value terms, Democratic Republic of the Congo remains the key foreign market for pacemaker exports from India, comprising 7% of total exports. The second position in the ranking was occupied by Canada, with a 0.5% share of total exports.

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

In 2020, the average pacemaker export price amounted to $27 per unit, with a decrease of -98% against the previous year.

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

In 2020, the average pacemaker import price amounted to $576 per unit, declining by -5.4% against the previous year.

This report provides an in-depth analysis of the pacemaker market in India. 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:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023