In 2023, Germany led the European export market of pacemakers with a 32.84% share, followed by Belgium at 26.17% and Ireland at 18.58%. The Netherlands and Italy captured a notable portion, with shares of 12.73% and 6.63%, respectively. Among smaller players, Finland and Greece showed remarkable year-on-year growth rates of 122.88% and 96.77%. Notably, the UK experienced a significant decline of 22.71%.
Future trends to observe include Germany's potential to consolidate its lead, Belgium's and Ireland's attempts to close the gap, and monitoring whether early success stories like Greece and Finland can sustain their growth momentum.
Top countries in Export of Pacemakers Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.84 | 2023 | +6.82% | +4.34% | View data |
| 2 | 2 Belgium | 26.17 | 2023 | +4.83% | +5.55% | View data |
| 3 | 3 Ireland | 18.58 | 2023 | +1.98% | +4.54% | View data |
| 4 | 4 Netherlands | 12.73 | 2023 | +8.39% | +5.4% | View data |
| 5 | 5 Italy | 6.63 | 2023 | -30.05% | View data | |
| 6 | 6 France | 2.76 | 2023 | -14.74% | View data | |
| 7 | 7 United Kingdom | 1.23 | 2023 | +2.73% | -22.71% | View data |
| 8 | 8 Greece | 0.94 | 2023 | +8.47% | +96.77% | View data |
| 9 | 9 Poland | 0.33 | 2023 | +7.21% | +45.44% | View data |
| 10 | 10 Latvia | 0.31 | 2023 | +4.89% | +7.56% | View data |
