Market Overview:
The global external temporary pacemaker market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing incidence of cardiac arrhythmias and rising demand for minimally invasive procedures. Based on type, the dual chamber external temporary pacemaker segment is expected to account for a larger share of the global market in 2018. This can be attributed to its ability to provide pacing therapy for both ventricles (left and right) simultaneously. By application, the hospital segment is estimated to account for a larger share of the global external temporary pacemaker market in 2018. This can be attributed to increasing number of hospital admissions owing to cardiac arrhythmias and growing demand for minimally invasive procedures. Geographically, North America is estimated dominate the global external temporary pacemaker market in 2018 followed by Europe.
Product Definition:
An external temporary pacemaker is a battery-operated device that helps control the heart rate. It is used to help the heart maintain a steady rhythm when the natural pacemaker is not working properly.
Dual Chamber External Temporary Pacemaker:
The dual chamber external temporary pacemaker is a heart assist device that is implanted in the patient's body. It works by providing an artificial cardiac pumping function to the patient’s heart, which can be activated when the natural pumping function of the heart gets damaged or disabled. The device consists of two chambers connected by a diaphragm; one chamber contains air and is used as a housing for electrical components while the other contains blood vessels and serves as an oxygen source.
Single Chamber External Temporary Pacemaker:
Single chamber external temporary pacemaker is a cardiac pacemaker that is used in case of an acute myocardial infarction or heart failure. It functions by decreasing the electrical activity of the heart and artificially creating a pumping mechanism. The device works by contracting and relaxing different sets of muscles which cause the blood to flow through alternate chambers in your heart, thus providing oxygenated blood to your body.
Application Insights:
The hospital was the largest application segment and accounted for a revenue share of 69.4% in 2017. The growing prevalence of cardiac disorders coupled with rising healthcare expenditure is expected to drive the demand for permanent pacemakers over the forecast period. In addition, increasing number of cardiovascular surgeries at hospitals is anticipated to further fuel market growth during the study period.
External temporary pacemaker implants are used as a bridge between primary care and electrophysiology laboratories in patients suffering from bradyarrhythmia or tachyarrhythmia that cannot be treated with conventional medical therapy due to remote locations or because there are no available facilities where advanced diagnostics can be performed, thereby driving its demand globally external temporary pacemaker market by application-hospitality over the forecast period ¢â‚¬Å“2030¢â‚¬ (USD 1,000).
Regional Analysis:
North America dominated the global market in 2017 owing to high incidence of cardiac disorders, technological advancements, and increasing demand for technologically advanced products. Moreover, presence of key players such as Abbott; Medtronic; St. Jude/Abbott; and Boston Scientific Corporation is also expected to drive the growth over the forecast period.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to factors such as improving healthcare infrastructure & availability of temporary pacemakers at lower prices compared with permanent pacemakers along with growing patient awareness levels regarding these devices are some others that can be attributed towards this growth rate.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 5.0% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increase in demand for external temporary pacemakers, as they are used for treating arrhythmias (abnormal heart rhythms) in elderly patients.
- Technological advancements: External temporary pacemakers are becoming increasingly sophisticated with each passing year, with new features being added such as remote monitoring capabilities and automatic shock detection systems. This will result in an increased demand for these devices, as patients seek out the latest technology available on the market.
- Growing awareness about arrhythmias: There is growing awareness among people about arrhythmias and their symptoms, which is driving them to seek treatment options such as external temporary pacemakers early on instead of waiting until their condition worsens significantly. This will lead to an increase in demand for these devices over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
External Temporary Pacemaker Market Research Report
By Type
Dual Chamber External Temporary Pacemaker, Single Chamber External Temporary Pacemaker
By Application
The Hospital, Clinic, Others
By Companies
Medtronic, ZOLL Medical, Osypka Medical, Biotronik, Abbott, Shree Pacetronix, Oscor, Cardiologic, DiaHealth
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global External Temporary Pacemaker Market Report Segments:
The global External Temporary Pacemaker market is segmented on the basis of:
Types
Dual Chamber External Temporary Pacemaker, Single Chamber External Temporary Pacemaker
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
The Hospital, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- ZOLL Medical
- Osypka Medical
- Biotronik
- Abbott
- Shree Pacetronix
- Oscor
- Cardiologic
- DiaHealth
Highlights of The External Temporary Pacemaker Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dual Chamber External Temporary Pacemaker
- Single Chamber External Temporary Pacemaker
- By Application:
- The Hospital
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the External Temporary Pacemaker Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
External Temporary Pacemaker is a medical device that helps to maintain the heart's rhythm. It is placed on the chest and connected to the heart through wires.
Some of the key players operating in the external temporary pacemaker market are Medtronic, ZOLL Medical, Osypka Medical, Biotronik, Abbott, Shree Pacetronix, Oscor, Cardiologic, DiaHealth.
The external temporary pacemaker market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 External Temporary Pacemaker Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 External Temporary Pacemaker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 External Temporary Pacemaker Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the External Temporary Pacemaker Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global External Temporary Pacemaker Market Size & Forecast, 2018-2028
4.5.1 External Temporary Pacemaker Market Size and Y-o-Y Growth
4.5.2 External Temporary Pacemaker Market Absolute $ Opportunity
Chapter 5 Global External Temporary Pacemaker Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 External Temporary Pacemaker Market Size Forecast by Type
5.2.1 Dual Chamber External Temporary Pacemaker
5.2.2 Single Chamber External Temporary Pacemaker
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global External Temporary Pacemaker Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 External Temporary Pacemaker Market Size Forecast by Applications
6.2.1 The Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global External Temporary Pacemaker Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 External Temporary Pacemaker Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America External Temporary Pacemaker Analysis and Forecast
9.1 Introduction
9.2 North America External Temporary Pacemaker Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America External Temporary Pacemaker Market Size Forecast by Type
9.6.1 Dual Chamber External Temporary Pacemaker
9.6.2 Single Chamber External Temporary Pacemaker
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America External Temporary Pacemaker Market Size Forecast by Applications
9.10.1 The Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe External Temporary Pacemaker Analysis and Forecast
10.1 Introduction
10.2 Europe External Temporary Pacemaker Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe External Temporary Pacemaker Market Size Forecast by Type
10.6.1 Dual Chamber External Temporary Pacemaker
10.6.2 Single Chamber External Temporary Pacemaker
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe External Temporary Pacemaker Market Size Forecast by Applications
10.10.1 The Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific External Temporary Pacemaker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific External Temporary Pacemaker Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific External Temporary Pacemaker Market Size Forecast by Type
11.6.1 Dual Chamber External Temporary Pacemaker
11.6.2 Single Chamber External Temporary Pacemaker
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific External Temporary Pacemaker Market Size Forecast by Applications
11.10.1 The Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America External Temporary Pacemaker Analysis and Forecast
12.1 Introduction
12.2 Latin America External Temporary Pacemaker Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America External Temporary Pacemaker Market Size Forecast by Type
12.6.1 Dual Chamber External Temporary Pacemaker
12.6.2 Single Chamber External Temporary Pacemaker
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America External Temporary Pacemaker Market Size Forecast by Applications
12.10.1 The Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) External Temporary Pacemaker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) External Temporary Pacemaker Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) External Temporary Pacemaker Market Size Forecast by Type
13.6.1 Dual Chamber External Temporary Pacemaker
13.6.2 Single Chamber External Temporary Pacemaker
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) External Temporary Pacemaker Market Size Forecast by Applications
13.10.1 The Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 External Temporary Pacemaker Market: Competitive Dashboard
14.2 Global External Temporary Pacemaker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 ZOLL Medical
14.3.3 Osypka Medical
14.3.4 Biotronik
14.3.5 Abbott
14.3.6 Shree Pacetronix
14.3.7 Oscor
14.3.8 Cardiologic
14.3.9 DiaHealth
