The forecast for the import of pacemakers to the UK shows a consistent upward trend from 2024 to 2028, with values increasing each year. The 2024 forecast value stands at 2.4049 million units, marking a positive outlook for the industry. Year-on-year growth projections indicate a steady increase: 2025 is projected at 5.55% above 2024, 2026 at 5.15% above 2025, 2027 at 4.81% above 2026, and 2028 at 4.49% above 2027. The Compound Annual Growth Rate (CAGR) over this period is approximately 4.98%, indicating a healthy growth trend.
Future trends to watch for include:
- Technological advancements in pacemaker technology potentially impacting import demand.
- Regulatory changes within the UK that may affect import practices and volumes.
- Healthcare policy shifts that could influence the demand for pacemakers.
- Global supply chain dynamics, particularly in light of post-pandemic recovery efforts.
- Increasing incidence of heart-related conditions that may drive higher demand.