United Kingdom - Pacemakers For Stimulating Heart Muscles (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPacemaker Price in the UK - 2023
Contents:
- Pacemaker Price in the UK (CIF) - 2022
- Pacemaker Price in the UK (FOB) - 2022
- Pacemaker Imports in the UK
- Pacemaker Exports in the UK
Pacemaker Price in the UK (CIF) - 2022
In 2022, the average pacemaker import price amounted to $385 per unit, waning by -73.8% against the previous year. Overall, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $2,528 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($4,403 per unit), while the price for the United States ($36 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pacemaker Price in the UK (FOB) - 2022
The average pacemaker export price stood at $860 per unit in 2022, reducing by -10.8% against the previous year. Over the period under review, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 109%. As a result, the export price reached the peak level of $3,943 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($6,728 per unit), while the average price for exports to the United States ($236 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+57.5%), while the prices for the other major destinations experienced more modest paces of growth.
Pacemaker Imports in the UK
In 2022, supplies from abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) was finally on the rise to reach 498K units for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, pacemaker imports soared to $192M in 2022. Over the period under review, imports, however, continue to indicate a slight downturn. Over the period under review, imports reached the maximum at $200M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Pacemaker in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 70.7 | 0% |
| Ireland | N/A | N/A | 0.1 | 64.8 | 64700.0% |
| Malaysia | N/A | N/A | N/A | 28.5 | 0% |
| United States | 0.6 | 0.1 | 0.1 | 10.5 | 159.6% |
| Germany | 13.0 | 9.9 | 14.1 | 7.6 | -16.4% |
| Singapore | N/A | N/A | 0.1 | 4.0 | 3900.0% |
| Netherlands | 138 | 127 | 65.3 | 2.8 | -72.7% |
| Belgium | 46.5 | 35.6 | 45.6 | 1.4 | -68.9% |
| Others | 1.3 | 1.9 | 1.3 | 1.8 | 11.5% |
| Total | 200 | 174 | 127 | 192 | -1.4% |
Top Suppliers of Pacemaker to the UK in 2022:
- United States (289.8K units)
- Switzerland (120.0K units)
- Singapore (40.8K units)
- Germany (16.7K units)
- Ireland (14.7K units)
- Malaysia (12.4K units)
- Netherlands (0.7K units)
- Belgium (0.5K units)
Pacemaker Exports in the UK
In 2022, shipments abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) decreased by -34.9% to 15K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,682% against the previous year. As a result, the exports attained the peak of 23K units, and then fell sharply in the following year.
In value terms, pacemaker exports declined remarkably to $13M in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 422%. As a result, the exports attained the peak of $22M, and then contracted notably in the following year.
| Export of Pacemaker in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 18.9 | 11.7 | -38.1% |
| Belgium | 1.8 | 3.5 | 2.1 | 0.8 | -23.7% |
| United States | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 1.1 | 0.7 | 1.1 | 0.3 | -35.2% |
| Total | 3.0 | 4.2 | 22.1 | 12.8 | 62.2% |
Top Export Markets for Pacemaker from the UK in 2022:
- Netherlands (14.3K units)
- United States (0.2K units)
- Belgium (0.2K units)
This report provides an in-depth analysis of the pacemaker market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26601450 - Pacemakers for stimulating heart muscles (excluding parts and accessories)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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