Report Update Nov 1, 2024

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

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Kenya: Pacemaker Market 2024

Pacemaker Market Size in Kenya

In 2021, after three years of decline, there was significant growth in the Kenyan pacemaker market, when its value increased by 832% to $X. Over the period under review, consumption continues to indicate significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Pacemaker Exports

Exports from Kenya

In 2021, approx. X units of pacemakers for stimulating heart muscles (excl. parts and accessories) were exported from Kenya; growing by 600% compared with the previous year's figure. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pacemaker exports surged to $X in 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 470%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

South Africa (X units) was the main destination for pacemaker exports from Kenya, with a 71% share of total exports. Moreover, pacemaker exports to South Africa exceeded the volume sent to the second major destination, Uganda (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Africa totaled +400.0%.

In value terms, South Africa ($X) and Uganda ($X) appeared to be the largest markets for pacemaker exported from Kenya worldwide.

In terms of the main countries of destination, South Africa, with a CAGR of +42.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the average pacemaker export price amounted to $X per unit, declining by -53.7% against the previous year. Over the period under review, the export price, however, continues to indicate a notable expansion. The pace of growth appeared the most rapid in 2019 an increase of 80%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then shrank notably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+7.5%), while the prices for the other major destinations experienced a decline.

Pacemaker Imports

Imports into Kenya

After three years of decline, supplies from abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) increased by 1,159% to X units in 2021. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pacemaker imports surged to $X in 2021. In general, imports posted a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 880% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, South Africa (X units) constituted the largest supplier of pacemaker to Kenya, with a 20% share of total imports. Moreover, pacemaker imports from South Africa exceeded the figures recorded by the second-largest supplier, Switzerland (X units), threefold. The third position in this ranking was held by Singapore (X units), with a 5% share.

From 2012 to 2021, the average annual growth rate of volume from South Africa totaled +48.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+15.9% per year) and Singapore (+62.2% per year).

In value terms, the largest pacemaker suppliers to Kenya were South Africa ($X), Singapore ($X) and Germany ($X), together accounting for 41% of total imports.

In terms of the main suppliers, Singapore, with a CAGR of +103.1%, recorded the highest growth rate of 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

In 2021, the average pacemaker import price amounted to $X per unit, shrinking by -53% against the previous year. Overall, the import price saw a abrupt decrease. The growth pace was the most rapid in 2016 when the average import price increased by 42%. The import price peaked at $X per unit in 2020, and then declined significantly in the following year.

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 Germany ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+25.7%), 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, together comprising 54% 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 Kenya?

In value terms, Germany constituted the largest supplier of pacemaker to Kenya, comprising 56% of total imports. The second position in the ranking was occupied by Singapore, with an 18% share of total imports. It was followed by Switzerland, with a 17% share.

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

In value terms, Uganda remains the key foreign market for pacemaker exports from Kenya.

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

The average pacemaker export price stood at $749 per unit in 2020, which is down by -80% against the previous year.

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

The average pacemaker import price stood at $1,819 per unit in 2020, picking up by 13% against the previous year.

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

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
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