The import value of pacemakers to Canada is expected to see a decreasing trend from 2024 to 2028. The forecasted data shows a decline from 25.786 million USD in 2024 to 10.088 million USD in 2028. This translates to a notable year-on-year decrease, with Compound Annual Growth Rate (CAGR) marking a significant downtrend over the next five years.

Key points to consider for future trends:

The aging population may contribute to increased demand for medical devices despite the forecasted decline in import value.
Technological advances could alter market dynamics, potentially affecting import values and domestic production capabilities.
Healthcare policy changes and cost containment efforts might influence the market's structure and demand.