Report Update Feb 1, 2025

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

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Ukraine: Pacemaker Market 2025

Pacemaker Market Size in Ukraine

In 2021, the Ukrainian pacemaker market decreased by -51.5% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption showed a abrupt contraction. Pacemaker consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Pacemaker Exports

Exports from Ukraine

In 2021, shipments abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) increased by 700% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pacemaker exports skyrocketed to $X in 2021. Overall, exports enjoyed a significant expansion. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for pacemaker exports from Ukraine, accounting for a 63% share of total exports. Moreover, pacemaker exports to Germany exceeded the volume sent to the second major destination, Malaysia (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +30.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (0.0% per year) and the Netherlands (0.0% per year).

In value terms, Malaysia ($X), Germany ($X) and the Netherlands ($X) were the largest markets for pacemaker exported from Ukraine worldwide.

Germany, with a CAGR of +71.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average pacemaker export price stood at $X per unit in 2021, with an increase of 27% against the previous year. In general, the export price, however, recorded a slight contraction. The pace of growth was the most pronounced in 2018 an increase of 223%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to the Netherlands ($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 Germany (+1.9%).

Pacemaker Imports

Imports into Ukraine

In 2021, purchases abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) decreased by -52.6% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 101% against the previous year. Over the period under review, imports hit record highs at X units in 2020, and then dropped remarkably in the following year.

In value terms, pacemaker imports fell sharply to $X in 2021. In general, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2017 when imports increased by 50% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Singapore (X units) constituted the largest supplier of pacemaker to Ukraine, accounting for a 32% share of total imports. Moreover, pacemaker imports from Singapore exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Lithuania (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Singapore stood at +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-11.9% per year) and Lithuania (-7.2% per year).

In value terms, the largest pacemaker suppliers to Ukraine were the United States ($X), Lithuania ($X) and Singapore ($X), with a combined 53% share of total imports. Belgium, Malaysia, the Netherlands, Germany, Russia and Slovakia lagged somewhat behind, together comprising a further 37%.

Among the main suppliers, Malaysia, with a CAGR of +10.0%, 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, growing by 4.3% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 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, together accounting for 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, together accounting for 52% of global production. Malaysia, Russia, Germany, Mexico, Switzerland, Turkey, Ireland and Egypt lagged somewhat behind, together accounting for a further 25%.

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

In value terms, Singapore constituted the largest supplier of pacemaker to Ukraine, comprising 48% of total imports. The second position in the ranking was occupied by Switzerland, with a 20% share of total imports. It was followed by the United States, with a 17% share.

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

In value terms, Germany emerged as the key foreign market for pacemaker exports from Ukraine, comprising 76% of total exports. The second position in the ranking was occupied by the Netherlands, with a 24% share of total exports.

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

In 2019, the average pacemaker export price amounted to $1,762 per unit, dropping by -35.1% against the previous year.

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

The average pacemaker import price stood at $631 per unit in 2020, shrinking by -29.1% against the previous year.

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

Ukraine

Data coverage:

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