China Leadless Pacemakers Market Size & Outlook, 2024-2030
China leadless pacemakers market, 2018-2030 (US$M)
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China leadless pacemakers market highlights
- The China leadless pacemakers market generated a revenue of USD 36.0 million in 2023 and is expected to reach USD 111.9 million by 2030.
- The China market is expected to grow at a CAGR of 17.6% 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.
Leadless pacemakers market data book summary
| Market revenue in 2023 | USD 36.0 million |
| Market revenue in 2030 | USD 111.9 million |
| Growth rate | 17.6% (CAGR from 2023 to 2030) |
| Largest segment | Single chamber |
| Fastest growing segment | Dual Chamber |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 5.8% of the global leadless pacemakers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China leadless pacemakers market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 62.2 million by 2030.
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Leadless Pacemakers Market Scope
Leadless Pacemakers Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 66.94% in 2024. Horizon Databook has segmented the China leadless pacemakers market based on single chamber, dual chamber covering the revenue growth of each sub-segment from 2018 to 2030.
China leadless pacemakers market is expected to exhibit strong growth, driven by several critical factors, including a rapidly aging population, the rising prevalence of CVDs, and the increasing demand for minimally invasive medical devices.
The potential for reduced healthcare costs and improved efficiency of procedures has also made leadless pacemakers an attractive option for healthcare providers and patients in China. In addition to these cost benefits, the demand for leadless pacemakers is expected to grow due to the rising emphasis on patient satisfaction and improved quality of life.
Moreover, in terms of regulation, medical devices in China, including leadless pacemakers, are subject to rigorous safety and efficacy evaluations overseen by the National Medical Products Administration.
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Horizon Databook provides a detailed overview of country-level data and insights on the China leadless pacemakers market , including forecasts for subscribers. This country databook contains high-level insights into China leadless pacemakers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China leadless pacemakers market size, by pacing chamber, 2018-2030 (US$M)
China Leadless Pacemakers Market Outlook Share, 2024 & 2030 (US$M)
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