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Pulished Date April, 2021
ID: 7528
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APAC Pacemaker Market Research Report - Segmented By Product, Application and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 7528
Pages: 145

APAC Pacemaker Market Size (2021 to 2026)

The pacemaker market in the APAC is estimated to value USD 1.46 billion by 2026 from USD 1.09 billion in 2021, growing at a CAGR of 6.01% from 2021 to 2026.

The growth in the APAC pacemaker market is increasing with considerable contributions from governments. In addition, there are many technological advancements in pacemaker equipment like MRI-safe pacemakers that are increasing the demand for pacemakers. These are helping in the growth of the APAC pacemaker market at a rapid rate.

The increase in cardiovascular diseases is significantly driving the market. Cardiovascular diseases require implantation of the pacemakers to enhance the outcome and help the patient. There are new advanced methods of implanting the pacemakers with minimally invasive techniques. Moreover, many new reimbursement methods have been introduced to help the patients and also easy payment methods.

The ordinary pacemaker may lead to a scar from the surgery and a lump on the skin, so to avoid this leadless pacemaker is introduced with which we can avoid having any of them. Wireless monitoring has also been introduced to easy monitoring of the patient. These are increasing the demand for the pacemaker market. With growing demand and new technologies, MRI-conditional models can be used for MR imaging treatments without changing the device's settings. In these recent years, many new methods and models have been introduced with a new application for pacemaker technology. 

The main drawbacks that hamper the pacemaker market's growth in the APAC region are the lack of awareness of the advantages of the pacemakers and the disadvantages of cardiovascular diseases in underdeveloped and developing countries. The cost of the treatment is also reducing the growth of the market. Problems with the equipment causing the return of the equipment are also hampering the development of the market. The infections on the skin due to the pacemaker and swelling near the pacemaker area are also some of the major restraints of the pacemakers.

This research report on the Asia Pacific pacemaker market has been segmented and sub-segmented into the following categories:

 By Product:

  • Implantable
  • External Pacemakers

By Application:

  • Unipolar
  • Bipolar Pacemakers

By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Geographically, Asia Pacific is expected to grow quickly, with China and India leading the regional market. The number of new players is increasing, and investments from the key players are helping the research and development department find recent advancements and new opportunities in the market. Many countries are concentrating on developing new and creative methods in the diagnosis and treatment of cardiovascular diseases effectively. Due to support from the government, the market is expected to grow in the future. As the elderly population is increasing, the problems such as arrhythmias, heart failure are increasing. The factors such as the increasing number of obese people and people affected by diabetes are also growing rapidly. The problems caused by smoking are also increasing. The unhealthy lifestyle of the people is also affecting the market. These factors are helping the market to progress at a rapid rate in China. In China, the fatalities due to cardiovascular diseases are increasing. In China, the pacemaker market is growing due to the prevalence of cardiovascular diseases. The China government is also supporting the growth of the pacemaker market.

KEY MARKET PLAYERS:

Companies playing a leading role in the Asia Pacific pacemaker market profiled in this report are Medtronic, Sorin Group, Biotronik GmbH & Co. KG., Boston Scientific Corporation, Vitatron, St. Jude Medical, Inc., and Zoll Medical Corporation.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product                        

                                5.1.1 Introduction           

                                5.1.2 Implantable            

                                5.1.3 External    

                                5.1.4  Y-o-Y Growth Analysis, By Product              

                                5.1.5  Market Attractiveness Analysis, By Product            

                                5.1.6  Market Share Analysis, By Product              

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Unipolar   

                                5.2.3 Bipolar      

                                5.2.4 Y-o-Y Growth Analysis, By application         

                                5.2.5 Market Attractiveness Analysis, By application       

                                5.2.6 Market Share Analysis, By application         

                5.3 End User                      

                                5.3.1 Introduction           

                                5.3.2 Hospitals  

                                5.3.3 Cadiology clinics    

                                5.3.4 ASCs          

                                5.3.4 Y-o-Y Growth Analysis, By End User             

                                5.3.5 Market Attractiveness Analysis, By End User           

                                5.3.6 Market Share Analysis, By End User             

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product

                                                6.1.3.3 By Application

                                                6.1.3.4 By End User

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product

                                                6.1.4.3 By application

                                                6.1.4.4 By End User

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product

                                                6.1.5.3 By application

                                                6.1.5.4 By End User

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Medtronic                   

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Sorin Group                

                8.3 Biotronik GmbH & Co. KG                     

                8.4 Boston Scientific Corporation                             

                8.5 Vitatron                       

                8.6 St. Jude Medical, Inc.                             

                8.7 Zoll Medical Corporation                       

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms By Application with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia Pacific Pacemaker Market, By Product, From 2021 to 2026 (USD Million)
  2. Asia Pacific Implantable Market, By Region, From 2021 to 2026 (USD Million)
  3. Asia Pacific External Market, By Region, From 2021 to 2026 (USD Million)
  4. Asia Pacific Pacemaker Market, By Application, From 2021 to 2026 (USD Million)
  5. Asia Pacific Unipolar Market, By Region, From 2021 to 2026 (USD Million)
  6. Asia Pacific Bipolar Market, By Region, From 2021 to 2026 (USD Million)
  7. Japan Pacemaker Market, By Product, From 2021 to 2026 (USD Million)
  8. Japan Pacemaker Market, By Application, From 2021 to 2026 (USD Million)
  9. China Pacemaker Market, By Product, From 2021 to 2026 (USD Million)
  10. China Pacemaker Market, By Application, From 2021 to 2026 (USD Million)
  11. India Pacemaker Market, By Product, From 2021 to 2026 (USD Million)
  12. India Pacemaker Market, By Application, From 2021 to 2026 (USD Million)
  13. Australia Pacemaker Market, By Product, From 2021 to 2026 (USD Million)
  14. Australia Pacemaker Market, By Application, From 2021 to 2026 (USD Million)
  15. South Korea Pacemaker Market, By Product, From 2021 to 2026 (USD Million)
  16. South Korea Pacemaker Market, By Application, From 2021 to 2026 (USD Million)

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