Pacemaker Market to Witness Rise in Revenues By 2030
                     Pacemaker Market Is Projected To Reach 
$6.67 Billion By 2030, Growing At A CAGR 
of 3.7% | Size, Share & Growth
Pacemaker Market by Technology (Single Chamber Pacemaker, Dual Chamber Pacemaker, and Biventricular/CRT Pacemaker), 
Implantability (Implantable Pacemaker and External Pacemaker), and End User (Hospitals & Cardiac Centers and Ambulatory 
Surgical Centers): Global Opportunity Analysis and Industry Forecast, 2021–2030
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Overview
According to a new report published by Allied Market 
Research, titled, “Pacemaker Market by Technology, 
Implantability, and End User: Global Opportunity Analysis and 
Industry Forecast, 2021–2030," The global pacemaker market 
size was valued at $4.667 billion in 2020, and is estimated to 
reach $6.678 billion by 2030, growing at a CAGR of 3.7% from 
2021 to 2030.
Pacemaker is defined as a small, battery-operated medical 
device, which is implanted in the chest to control the 
heartbeats. The implantation of pacemaker is used to prevent 
the heart from slow or irregular beating. It generates electrical 
impulses, which are delivered by electrodes to contract 
chambers of heart muscles. The pacemaker aims to regulate 
the function of the electrical conduction system of the heart. 
Segments
In terms of revenue, the global surgical robotics market is segmented 
on the basis of Technology, Implantability, End User and End User. 
By Technology– The pacemaker market is segmented on the basis 
of technology, implantability, end user, and region. On the basis of 
technology, the market is categorized into single chamber 
pacemaker, dual-chamber pacemaker, and biventricular/cardiac 
resynchronization therapy (CRT) pacemaker. 
By Implantability- On the basis of implantability, the market is 
classified into implantable pacemaker and external pacemaker. The 
implantable pacemaker segment dominated the market in 2020, and 
is expected to continue this trend during the forecast period, owing to 
increase in incidence of bradycardia, rise in demand for implantable 
pacemaker, and advancement in R&D activities in the healthcare 
sector. 
Geography
North America dominated the Pacemaker market. 
The market growth in North America is primarily a 
reflection of product innovations and launches 
resulting from technological advancements. The 
companies mostly adopted product launch, 
acquisition, and expansion as their key strategies to 
keep pace with the changing demands of consumers 
and strengthen their market position.
Key Market Players
The key players operating in the global Pacemaker market are 
• Abbott Laboratories
• BIOTRONIK
• Boston Scientific Corporation
• Lepu Medical
• Livanova
• MEDICO SpA
• Medtronic
• Oscor Inc.
• Osypka Medical GmbH
• Shree Pacetronix
• An in-depth market analysis includes analysis of various 
regions, which is anticipated to provide a detailed 
understanding of the current trends to enable 
Key Findings of the stakeholders formulate region-specific plans.
Pacemaker market: • A comprehensive analysis of factors that drive and 
restrain the growth of the global is provided.
• The projections in this report are made by analyzing the 
current trends and future market potential from 2021 to 
2030, in terms of value.
Find out more at the Allied Market Report store
https://www.alliedmarketresearch.com/pacemaker-market
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in the reports published by us is extracted through primary interviews with top officials from leading companies of domain 
concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with 
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