Asia Pacific Leadless Pacemakers Market Size & Outlook
Asia Pacific leadless pacemakers market, 2018-2030 (US$M)
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Asia Pacific leadless pacemakers market highlights
- The Asia Pacific leadless pacemakers market generated a revenue of USD 113.8 million in 2023.
- The market is expected to grow at a CAGR of 17% from 2024 to 2030.
- In terms of segment, single chamber was the largest revenue generating pacing chamber in 2023.
- Dual Chamber is the most lucrative pacing chamber segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 113.8 million |
| Market revenue in 2030 | USD 341.9 million |
| Growth rate | 17% (CAGR from 2023 to 2030) |
| Largest segment | Single chamber |
| Fastest growing segment | Dual Chamber |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Chamber, Dual Chamber |
| Key market players worldwide | Abbott Laboratories, Medtronic PLC |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.2% of the global leadless pacemakers market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 341.9 million by 2030.
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Leadless Pacemakers Market Scope
Leadless Pacemakers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific leadless pacemakers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to leadless pacemakers market will help companies and investors design strategic landscapes.
Single chamber was the largest segment with a revenue share of 66.87% in 2024. Horizon Databook has segmented the Asia Pacific leadless pacemakers market based on single chamber, dual chamber covering the revenue growth of each sub-segment from 2018 to 2030.
The growth can be attributed to the growing collaborations, increasing health expenditure, government initiatives, increasing CVD, and geographic expansion.
For instance, in January 2023, Medtronic obtained regulatory approval from the Ministry of Health, Labor, and Welfare in Japan to distribute and reimburse the Micra AV Transcatheter Pacing System (TPS) commercially. Micra AV TPS is the smallest leadless pacemaker to treat AV block patients.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific leadless pacemakers market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific leadless pacemakers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific leadless pacemakers market size, by country, 2018-2030 (US$M)
Asia Pacific Leadless Pacemakers Market Outlook Share, 2024 & 2030 (US$M)
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