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Get a free sample of External Pacemaker Market
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The external paemaker industry is consolidated in nature, with companies competing to offer superior external pacemakers in this business space. Prominent players such as Medtronic plc, Boston Scientific Corporation, and Abbott hold a significant share in this market. These companies are diligently directing their efforts towards continuous type innovation to gain substantial market share.
Some of the eminent market participants operating in the external pacemaker industry include:
External pacemaker industry size was USD 1.2 billion in 2022 and is estimated to exceed USD 1.9 billion by the end of 2032 due to the rising prevalence of cardiovascular diseases and the increasing advancements in product technology.
External pacemaker industry size from the dual-chamber technology was USD 731 million in 2022 and is expected to exhibit robust growth through 2032 driven by the surging need to enhance blood flow and cardiac output, with the potential to improve oxygenation in the body's tissues and organs.
External pacemaker industry size from the hospitals end-use segment is projected to reach more than USD 1.1 billion by the end of 2032 owing to surging need for rapid and reliable outcomes.
U.S. external pacemaker industry size is expected to exceed USD 633.7 million by 2032 owing to the increasing demand for cardiovascular devices and the surging number of hospital admissions in the country.