Moreover, advent of battery-free pacemakers and increasing FDA approval for novel pacemakers are expected to drive the market growth through 2026. Also, launch of new products such as leadless pacemakers and MRI safe pacemakers are augmenting the United States pacemaker market. Furthermore, high per capita disposable income and increasing expenditure on healthcare is anticipated to boost the market growth in coming years.
United States pacemaker market is categorized based on type, product type, application, technology, end user and region. Based on technology, the market can be segmented into single chamber, dual chamber and CRT-P/biventricular pacemakers. Among them, CRT-P, also known as biventricular pacemakers, are expected to witness fastest growth during the forecast period. These pacemakers contain three leads, which are connected to the right atrium and both ventricles and are increasingly being used to treat people with arrhythmias caused by advanced heart failure.
Based on end user, United States pacemaker market can be segmented into hospitals & cardiac centers and ambulatory surgical centers. Among them, ambulatory surgical center segment is expected to witness significant growth in terms of revenue during the forecast period due to increasing need to curb the surgical and post-surgical spending and increasing prevalence of CVD in the country.
Major players operating in the United States pacemaker market inlcude Biotronik, Inc., Boston Scientific Corporation, Abbot Inc., Zoll Medical Corporation, Oscor Inc., Medtronic, Inc., Cordis, Inc., Livanova PLC, Medico Inc., Oscor Inc. and Osypka Medical Inc. Key market players are adopting growth strategies including new product launches, partnerships & collaborations and mergers & acquisitions, in order to increase their share in pacemaker market.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze and estimate the market size of United States pacemaker market from 2016 to 2019.
- To estimate and forecast the market size of United States pacemaker market from 2020 to 2026 and growth rate until 2026.
- to classify and forecast United States pacemaker market based on type, product type, application, technology, end user, company and regional distribution.
- To identify dominant region or segment in the United States pacemaker market.
- To identify drivers and challenges for United States pacemaker market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in United States pacemaker market.
- To conduct pricing analysis for United States pacemaker market.
- To identify and analyze the profile of leading players operating in United States pacemaker market.
- To identify key sustainable strategies adopted by market players in United States pacemaker market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of pacemaker manufacturers across United States. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers who could not be identified due to the limitations of secondary research. The publisher analyzed the presence of all major players across the country.
The publisher calculated the market size of United States pacemaker market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services and end users for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Pacemaker service manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to pacemaker
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as pacemaker manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, United States pacemaker market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
United States Pacemaker Market, By Type
- MRI Compatible Pacemakers
- Conventional Pacemakers
United States Pacemaker Market, By Product Type
- Implantable Pacemaker
- External Pacemaker
United States Pacemaker Market, By Application
- Heart Block
- Atrial Fibrillation
- Long QT Syndrome
United States Pacemaker Market, By Technology
- Single Chamber
- Dual Chamber
- CRT-P/Biventricular Pacemaker
United States Pacemaker Market, By End User
- Hospitals & Cardiac Centers
- Ambulatory Surgical Centers
United States Pacemaker Market, By Region
Company Profiles: Detailed analysis of the major companies present in United States pacemaker market.
With the given market data, the publisher offers customizations according to a company’s specific needs.
This product will be delivered within 1-3 business days.
Table of Contents
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (MRI Compatible Pacemakers, Conventional Pacemakers)
6.2.2. By Product Type (Implantable Pacemaker, External Pacemaker)
6.2.3. By Application (Heart Block, Arrhythmia, Atrial Fibrillation, Bradycardia, Tachycardia, Long QT Syndrome)
6.2.4. By Technology (Single Chamber, Dual Chamber, CRT-P/Biventricular Pacemaker)
6.2.5. By End User (Hospitals & Cardiac Centers, Ambulatory Surgical Centers)
6.2.6. By Region
6.2.7. By Company
6.3. Product Market Map
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Product Type
7.2.3. By Application
7.2.4. By Technology
7.2.5. By End user
7.3. Pricing Analysis
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Product Type
8.2.3. By Application
8.2.4. By Technology
8.2.5. By End user
8.3. Pricing Analysis
14.2. Company Profiles
14.2.1. Biotronik, Inc.
14.2.2. Boston Scientific Corporation
14.2.3. Abbot Inc.
14.2.4. Zoll Medical Corporation
14.2.5. Oscor Inc.
14.2.6. Medtronic, Inc.
14.2.7. Cordis, Inc.
14.2.8. Livanova PLC
14.2.9. Medico Inc.
14.2.10. Oscor Inc.
14.2.11. Osypka Medical Inc.
A selection of companies mentioned in this report includes:
- Biotronik, Inc.
- Boston Scientific Corporation
- Abbot Inc.
- Zoll Medical Corporation
- Oscor Inc.
- Medtronic, Inc.
- Cordis, Inc.
- Livanova PLC
- Medico Inc.
- Oscor Inc.
- Osypka Medical Inc.