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Leadless Pacemakers Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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The global leadless pacemakers market is forecasted to value over US$ 260 million by the end of 2026 and growing at a CAGR of over 21%during the forecast period, 2019 to 2026. Leadless pacemakers are medical devices which are used for the treatmen
Leadless Pacemakers Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2026
The global leadless pacemakers market is forecasted to value over US$ 260
million by the end of 2026 and growing at a CAGR of over 21%during the forecast
period, 2019 to 2026.
Leadless pacemakers are medical devices which are used for the treatment of
patients suffering from cardiac problems such as arrhythmias. These are complete
enclosed capsules which include pacemakers and electronic source. Further, leadless
pacemakers are implantable devices transplanted directly in the right ventricle of the
heart where it sends small electrical impulses to the heart muscles to continue at an
acceptable heart rate. Additionally, leadless pacemakers are less invasive as
compared to traditional pacemakers and can be implanted within an hour. Leadless
pacemakers take less time to recover and also eliminate problems related to transvenous leads such as lead fracture, insulation breaks and other. Leadless pacemakers
produce comparatively less radiation and have better life quality without causing any
infection to the heart ventricle.
According to World Society of Arrhythmia, over one million of cardiac pacemakers
are implanted every year. Market is majorly driven by rising geriatric population and
increasing prevalence of heart diseases. Along with this, technological evolution led
to rapid advancement of pacemakers. It improved the safety & efficacy of the
pacemakers and improved the management of arrhythmias. Leadless pacing reduces
complication of transvenous pacemaker procedure and increased the success rate
disease management. Further, increasing importance of leadless pacemakers over
traditional methods led to potential growth of the market. Further, increasing
government support and changing demographics of general population fuelled the
growth of the market.
Global market is dominated by North America due to high adoption of leadless
pacemakers. In North America, US dominated the market and it accounts more 90%
of the market share during forecast period. Europe market is majorly dominated by
UK, Germany and France due to high penetration among the end user segment. Asia
Pacific is expected to create new opportunities for manufacturers due to increasing
adoption. It is majorly dominated by Japan, China & India and it is expected to
register highest growth rate. It is followed by Latin America and it dominated by
Brazil and Mexico. Rest of the world accounts small fraction of global market share
due to less adoption.
Leadless Pacemakers market players include Medtronic, Abbott and others. Market is
majorly dominated by few players and market is expected to witness new entries
during forecast period.
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Leadless Pacemakers Market Segmentation
By Indication
+ Atrial Fibrillation
+ High Degree Atrioventricular Block
+ Sinus node dysfunction
By End User
+ Hospitals
+ Catheterization Laboratories
By Region
+ North America
+ Latin America
+ Europe
+ Asia Pacific
+ Rest of the World
Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global Leadless Pacemakers Market
by Indication, by End-User, by Region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
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their industry – a position secured for far more than the near future.
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Author
Merin John
Merin John263   documents Email
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