From 2013 to 2023, the pacemaker market in France experienced fluctuations in per capita value, peaking in 2014 at €5.87 and reaching its lowest point in 2021 at €5.39. In 2023, the value stood at €5.55 per capita. Year-on-year variations showed a decline from 2021 to 2022 by approximately 3.15%, followed by a minimal decrease of about 0.18% in 2023. Over the past five years, the compound annual growth rate (CAGR) was negative, indicating a shrinking market size on average annually.
Future trends to watch for:
- Advancements in medical technology potentially increasing pacemaker demand.
- Aging population potentially boosting market growth.
- Regulatory changes and healthcare funding impacting market dynamics.