In 2023, India imported pacemakers valued at approximately USD 34 million. The forecast data suggests a steady increase in imports, reaching USD 39.746 million by 2028. The year-on-year growth indicates a stable, gradual increase, with an average annual growth rate (CAGR) of about 3% over the forecasted period from 2024 to 2028.

Future trends to watch include:

An increasing aging population likely to drive demand for pacemakers.
Advancements in medical technology potentially reducing unit costs.
Potential policy changes impacting healthcare imports and corresponding import tariffs.