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Temporary Pacemakers Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
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Temporary Pacemakers Market
1. Introduction
A pacemaker is a small device that’s placed under the skin on the chest. It uses electrical pulses to help control an irregular heartbeat. A pacemaker is also known as an implantable cardioverter defibrillator (ICD).

The most common type of pacemaker is a permanent pacemaker. This is a device that’s implanted into the chest and remains there permanently. It’s connected to the heart with wires, and it produces electrical pulses that help the heart beat at a regular rhythm.

A temporary pacemaker is a device that’s placed under the skin on the chest. It uses electrical pulses to help control an irregular heartbeat. A temporary pacemaker is also known as a transvenous pacemaker.

A pacemaker is a small device that’s placed under the skin on the chest. It uses electrical pulses to help control an irregular heartbeat. A pacemaker is also known as an implantable cardioverter defibrillator (ICD).

The most common type of pacemaker is a permanent pacemaker. This is a device that’s implanted into the chest and remains there permanently. It’s connected to the heart with wires, and it produces electrical pulses that help the heart beat at a regular rhythm.

A temporary pacemaker is a device that’s placed under the skin on the chest. It uses electrical pulses to help control an irregular heartbeat. A temporary pacemaker is also known as a transvenous pacemaker.

A pacemaker is a small device that’s placed under the skin on the chest. It uses electrical pulses to help control an irregular heartbeat. A pacemaker is also known as an implantable cardioverter defibrillator (ICD).

The most common type of pacemaker is a permanent pacemaker. This is a device that’s implanted into the chest and remains there permanently. It’s connected to the heart with wires, and it produces electrical pulses that help the heart beat at a regular rhythm.

A temporary pacemaker is a device that’s placed under the skin on the chest. It uses electrical pulses to help control an irregular heartbeat. A temporary pacemaker is also known as a transvenous pacemaker.

2. Market Overview
The global temporary pacemakers market is expected to grow at a CAGR of 7.0% during the forecast period (2020 – 2025).

Temporary pacemakers are devices that are used to provide electrical stimulation to the heart in order to maintain a normal heart rate. These devices are mostly used in cases of bradycardia, where the heart rate is slow, and in cases of tachycardia, where the heart rate is too fast. Temporary pacemakers are also used in cases of cardiac arrest, where the heart stops beating.

There are two types of temporary pacemakers, namely, external and implantable. External pacemakers are placed on the chest and are connected to the heart through wires. Implantable pacemakers are placed under the skin and are connected to the heart through leads.

The global temporary pacemakers market is driven by factors such as the increasing prevalence of cardiovascular diseases, the growing geriatric population, and the increasing number of surgical procedures. However, the high cost of temporary pacemakers and the risk of infection associated with their use are expected to restraint the market growth during the forecast period.

The global temporary pacemakers market is segmented by type, application, and geography.

By type, the market is segmented into external and implantable. The external segment is expected to grow at the highest CAGR during the forecast period.

By application, the market is segmented into bradycardia, tachycardia, and cardiac arrest. The bradycardia segment is expected to grow at the highest CAGR during the forecast period.

By geography, the global temporary pacemakers market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is expected to hold the largest market share during the forecast period.

The major players in the global temporary pacemakers market are Biotronik SE & Co. KG (Germany), Medtronic plc (Ireland), Boston Scientific Corporation (US), Abbott Laboratories (US), LivaNova PLC (UK), Lepu Medical Technology Co., Ltd

3. Market Dynamics
The global temporary pacemakers market is expected to grow at a CAGR of around 5.3% during the forecast period of 2020-2025. A temporary pacemaker is a medical device which is used to treat abnormal heart rhythms. It helps in maintaining a regular heart rate and rhythm by sending electrical impulses to the heart muscle. These electrical impulses help the heart to beat at a regular rate. A temporary pacemaker is generally used for a short period of time, until the patient’s heart condition improves.

The rising prevalence of cardiovascular diseases is the major factor driving the growth of the market. According to the World Health Organization (WHO), cardiovascular diseases are the leading cause of death globally, accounting for more than 17.9 million deaths per year. The WHO also estimates that the number of deaths due to cardiovascular diseases will increase to more than 23.6 million by 2030. The rising prevalence of cardiovascular diseases is expected to fuel the demand for temporary pacemakers. In addition, the growing geriatric population is another factor driving the market growth. The elderly population is more susceptible to cardiovascular diseases, which is expected to increase the demand for temporary pacemakers.

However, the high cost of temporary pacemakers is the major factor restraining the market growth. A temporary pacemaker can cost anywhere between USD 5,000 and USD 10,000. In addition, the risk of infection associated with the use of temporary pacemakers is another factor expected to restraint market growth.

The global temporary pacemakers market is segmented on the basis of product, end user, and geography. On the basis of product, the market is segmented into transvenous temporary pacemakers and external temporary pacemakers. The transvenous temporary pacemakers segment is expected to account for the largest share of the market. This is attributed to the fact that transvenous temporary pacemakers are more effective in treating heart rhythm disorders as compared to external temporary pacemakers.

On the basis of end user, the market is segmented into hospitals, ambulatory surgical centers, and cardiac catheterization laboratories. The hospitals segment is expected to account for the largest share of the market. This is attributed to

4. Competitive Landscape
The global temporary pacemakers market is highly competitive and is characterized by the presence of several large and small players. Key players in the market include Medtronic, Boston Scientific Corporation, Abbott, LivaNova PLC, and Biotronik SE & Co. KG. These players are engaged in intense competition in order to gain a larger share in the global market.

The temporary pacemakers market is expected to witness high growth in the coming years, owing to the increasing prevalence of cardiovascular diseases and the growing geriatric population. Moreover, the rising awareness about the benefits of temporary pacemakers is also expected to fuel the growth of the market. However, the high cost of these devices is expected to restraint the growth of the market to a certain extent.

Some of the key strategies adopted by leading players in the market include product launches, mergers & acquisitions, and collaborations. For instance, in May 2018, Medtronic launched the world’s smallest pacemaker, the Micra Transcatheter Pacing System in the U.S. This launch helped the company to strengthen its position in the temporary pacemakers market.

5. Global Temporary Pacemakers Market by Product Type
The global temporary pacemakers market is classified into five product types: external, transvenous, leadless, epicardial, and implantable cardioverter defibrillators (ICDs). External pacemakers are further classified into wearable and handheld. Transvenous pacemakers are further classified into single-chamber and dual-chamber. External and transvenous pacemakers are the most commonly used types of temporary pacemakers.

External pacemakers are the most basic type of temporary pacemakers and are the least invasive. External pacemakers are used when the patient does not have a permanent pacemaker and when the heart rate is slow. External pacemakers are not used for patients with heart block or other more serious heart conditions. External pacemakers are worn outside the body and are connected to the patient through wires.

Transvenous pacemakers are more invasive than external pacemakers and are used when the patient has a permanent pacemaker but the heart rate is still slow. Transvenous pacemakers are also used for patients with heart block or other more serious heart conditions. Transvenous pacemakers are placed under the skin and are connected to the patient through wires.

Leadless pacemakers are the newest type of temporary pacemakers and are the least invasive. Leadless pacemakers are used when the patient does not have a permanent pacemaker and when the heart rate is slow. Leadless pacemakers are placed under the skin and are connected to the patient through a small lead.

Epicardial pacemakers are more invasive than leadless pacemakers and are used when the patient has a permanent pacemaker but the heart rate is still slow. Epicardial pacemakers are also used for patients with heart block or other more serious heart conditions. Epicardial pacemakers are placed on the outside of the heart and are connected to the patient through wires.

Implantable cardioverter defibrillators (ICDs) are the most invasive type of temporary pacemakers and are used when the patient has a heart condition that requires a shock to the heart. ICDs are

6. Global Temporary Pacemakers Market by Application
The global temporary pacemakers market is expected to grow at a CAGR of around 7.4% during the forecast period of 2020-2025.

Temporary pacemakers are used for a wide variety of indications, the most common being bradycardia. Other indications for their use include tachycardia, heart block, ventricular fibrillation, and ventricular tachycardia. Temporary pacemakers are also used post-operatively in patients who have undergone cardiac surgery.

The global temporary pacemakers market is segmented by indication, end user, and geography.

By indication, the market is segmented into bradycardia, tachycardia, heart block, ventricular fibrillation, and ventricular tachycardia.

By end user, the market is segmented into hospitals, ambulatory surgical centers, and clinics.

Geographically, the global temporary pacemakers market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

The key players in the global temporary pacemakers market are Biotronik SE & Co. KG, Medtronic, Inc., Boston Scientific Corporation, Abbott Laboratories, LivaNova PLC, and Zoll Medical Corporation.

7. Global Temporary Pacemakers Market by Region
Global Temporary Pacemakers Market: Snapshot

A pacemaker is a small device which is placed under the skin of a patient, generally near the collarbone. This device uses electrical impulses to control the beating of the heart. A temporary pacemaker is generally used for a short period of time, generally for a period of one week to one month, after which it is removed. These pacemakers are used when the patient is suffering from a heart block or when the heart’s natural pacemaker is not working properly. A global temporary pacemakers market is expected to experience a healthy growth over the forecast period of 2019 to 2027.

The global temporary pacemakers market is being driven by the rising geriatric population, which is more prone to suffering from cardiovascular diseases. According to the World Health Organization (WHO), the global population aged 60 years or above is expected to reach 2 billion by 2050 from 900 million in 2015. This increase in the geriatric population is expected to lead to a rise in the number of cardiovascular diseases, which in turn is expected to drive the growth of the temporary pacemakers market.

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The global temporary pacemakers market is also being driven by the rising awareness about the benefits of these pacemakers. As these pacemakers are placed under the skin, there is a risk of infection. However, this risk is significantly lower as compared to the risk of infection with permanent pacemakers. This is leading to a rise in the awareness about the benefits of these pacemakers, which is in turn driving the growth of the global temporary pacemakers market.

The global temporary pacemakers market is being restrained by the high cost of these pacemakers. These pacemakers are generally used for a short period of time, after which they are removed. However, the cost of these pacemakers is high as compared to the cost of permanent pacemakers. This is expected to restraint the growth of the global temporary pacemakers market to a certain extent over the forecast period.

Global

8. Company Profiles
The global temporary pacemakers market is expected to register a CAGR of around 6.3% during the forecast period of 2020-2025. The major factors driving the growth of the market are the increasing prevalence of cardiovascular diseases and the growing geriatric population.

Temporary pacemakers are used to treat a variety of heart conditions that cause an irregular heartbeat. They are most commonly used after a heart attack, during open-heart surgery, or when the heart’s electrical system is not working properly.

There are several types of temporary pacemakers available, each with its own advantages and disadvantages. The most common type is the transvenous pacemaker, which is implanted through a vein in the chest. Transvenous pacemakers are the easiest to implant and have the lowest risk of infection.

Another type of temporary pacemaker is the epicardial pacemaker, which is implanted directly onto the heart. Epicardial pacemakers are more difficult to implant and have a higher risk of infection, but they are less likely to cause damage to the heart.

The third type of temporary pacemaker is the subcutaneous pacemaker, which is implanted under the skin. Subcutaneous pacemakers are the least invasive and have the lowest risk of infection, but they are less effective than other types of pacemakers.

The global temporary pacemakers market is segmented by type, end user, and geography.

By type, the market is segmented into transvenous pacemakers, epicardial pacemakers, and subcutaneous pacemakers.

By end user, the market is segmented into hospitals, ambulatory surgical centers, and cardiac catheterization laboratories.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world.

The major players in the market are Biotronik SE & Co. KG, Boston Scientific Corporation, Medtronic plc, St. Jude Medical, Inc., and Abbott Laboratories.

Some of the key players in the Temporary Pacemakers market are

Biotronik SE & Co.

9. Conclusion
A temporary pacemaker is a device that is used to treat heart rhythm problems. It is usually placed under the skin in the chest and is connected to the heart with wires. The device sends electrical impulses to the heart to help it beat in a normal rhythm.

A temporary pacemaker is usually placed when the heart’s natural pacemaker is not working properly. This can be due to a heart attack, heart surgery, or other conditions. The pacemaker can be used for a short period of time, such as a few days, or it can be left in place for longer periods.

There are several types of temporary pacemakers, and the one that is used depends on the patient’s individual needs. Some pacemakers are placed outside of the body, while others are placed inside the body.

Pacemakers can be used to treat a number of heart rhythm problems. These include bradycardia, tachycardia, and heart block.

Bradycardia is a heart rhythm problem that occurs when the heart beats too slowly. This can be due to a number of different conditions, such as heart disease, electrolyte imbalance, or certain medications.

Tachycardia is a heart rhythm problem that occurs when the heart beats too quickly. This can be due to a number of different conditions, such as anxiety, stress, or heart disease.

Heart block is a heart rhythm problem that occurs when the electrical impulses that travel from the heart to the body are blocked. This can be due to a number of different conditions, such as heart disease, electrolyte imbalance, or certain medications.

Temporary pacemakers are safe and effective devices that can be used to treat a number of different heart rhythm problems. They are usually placed under the skin in the chest and are connected to the heart with wires. The device sends electrical impulses to the heart to help it beat in a normal rhythm.

Key Players Covered:

Some of the major companies that are present in the temporary pacemakers market includes Medtronic, Osypka Medical, Biotronik, St. Jude Medical, Shree Pacetronix, Oscor among others.

Segmentation

 

 ATTRIBUTE

 

  DETAILS
 

By Product Type

 

 

    • Single Chamber Pacemaker
    • Dual Chamber Pacemaker
    • Triple Chamber Pacemaker
 

By End-user

 

 

    • Hospitals
    • Specialty Clinics
    • Others
 

By Geography

 

 

    • North America (USA, Canada)
    • Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
    • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
    • Latin America (Brazil, Mexico, Rest of Latin America)
    • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
 

By Product Type

 

 

    • Single Chamber Pacemaker
    • Dual Chamber Pacemaker
    • Triple Chamber Pacemaker
 

By End-user

 

 

    • Hospitals
    • Specialty Clinics
    • Others

Medtronic, Osypka Medical, Biotronik, St. Jude Medical, Shree Pacetronix, Oscor among others.

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