In 2023, Ireland led the global pacemaker export market, despite a 0.36% decline. Germany saw a steady growth of 3.99%, with Belgium experiencing a significant increase of 7.11%. Switzerland and Singapore also maintained upward trends, growing 3.13% and 9.99%, respectively. The Netherlands and the United States faced substantial declines of 9.31% and 11.9%. Noteworthy growth was seen in Poland at 26.2%, Chile at 67.02%, and Denmark at 92.23%, whereas France and Austria experienced notable declines.
Looking ahead, the global pacemaker export market will likely see a shift towards Asian markets like Singapore and India due to increasing technological advancements and healthcare investments. European countries are expected to maintain leadership, though the pace of growth may vary. Monitoring the economic climate and technological advancements will be crucial for understanding future competitive dynamics. Collaboration may pave the way for sustainable growth across diverse regions.
Top countries in Export of Pacemakers for Stimulating Heart Muscles Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Ireland | 26.52 | 2023 | -0.23% | -0.36% | View data |
2 | 2 Germany | 20.22 | 2023 | +2.65% | +3.99% | View data |
3 | 3 Belgium | 17.03 | 2023 | +4.3% | +7.11% | View data |
4 | 4 Switzerland | 15.86 | 2023 | -3.2% | +3.13% | View data |
5 | 5 Netherlands | 4.73 | 2023 | -12.42% | -9.31% | View data |
6 | 6 Singapore | 4.31 | 2023 | +3.68% | +9.99% | View data |
7 | 7 Malaysia | 3.57 | 2023 | +4.98% | +1.62% | View data |
8 | 8 United States | 3 | 2023 | -13.26% | -11.9% | View data |
9 | 9 Italy | 2.86 | 2023 | +0.63% | +1.39% | View data |
10 | 10 France | 1.29 | 2023 | -40.66% | -24.73% | View data |