Germany leads European pacemaker exports with 457.36 thousand units in 2023, followed by Belgium and Ireland. Germany and Belgium experienced modest growth rates of 4.34% and 5.55%, respectively, while Ireland grew by 4.54%. Notably, Greece saw an exceptional surge with a 96.77% increase, although smaller in volume. Conversely, the UK experienced a significant decline of 22.71%. Countries like Italy and France showed no growth. The export landscape shows variations ranging from declines in Hungary and Lithuania to robust increases in Finland and Denmark.
Looking ahead, technological advancements and aging populations could drive demand, with potential growth in precision medicine and remote monitoring in pacemaker technology. Continued investments in R&D and value chain optimization in key exporting countries could bolster European competitiveness in the global pacemaker market.
Top countries in Export of Pacemakers by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 457,360 | 2023 | +6.82% | +4.34% | View data |
| 2 | 2 Belgium | 364,440 | 2023 | +4.83% | +5.55% | View data |
| 3 | 3 Ireland | 258,730 | 2023 | +1.98% | +4.54% | View data |
| 4 | 4 Netherlands | 177,300 | 2023 | +8.39% | +5.4% | View data |
| 5 | 5 Italy | 92,320 | 2023 | -30.05% | View data | |
| 6 | 6 France | 38,450 | 2023 | -14.74% | View data | |
| 7 | 7 United Kingdom | 17,120 | 2023 | +2.73% | -22.71% | View data |
| 8 | 8 Greece | 13,040 | 2023 | +8.47% | +96.77% | View data |
| 9 | 9 Poland | 4,650 | 2023 | +7.21% | +45.44% | View data |
| 10 | 10 Latvia | 4,350 | 2023 | +4.89% | +7.56% | View data |
