The global leadless pacemakers market is anticipated to grow at a CAGR of 15.3% during the forecast period (2023-2030). The market growth is attributed to factors including the changing sedentary lifestyle, smoking, and excessive alcohol consumption attributed to the prevalence of bradycardia. According to a report titled “Bradycardia and Heart Rate Fluctuation Are Associated with a Prolonged Intensive Care Unit Stay in Patients with Severe COVID-19,” bradycardia was identified in 72.1% of the patients admitted to the intensive care unit at Chiang Mai University Hospital between April and June 2021. These health conditions often necessitate the use of Leadless Pacemakers to maintain an optimal heart rate. According to the Cleveland Clinic, in 2022, the prevalence of sinus bradycardia increased with age overall, impacting 1 in 600 cardiac patients over 65 years of age and 1 in 1000 persons over 45. Moreover, the significant burden of disease, high prevalence, and mortality rates are anticipated to propel the segment growth. In addition, the rising number of FDA approval also bolstering the leadless pacemakers market growth.
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- In July 2023, Abbott Laboratories received the US Food and Drug Administration (FDA) approval the AVEIR™ dual chamber (DR) leadless pacemaker system, the world’s first dual chamber leadless pacing system that treats people with abnormal or slow heart rhythms.
- In May 2023, Medtronic plc, a pioneer in healthcare technology, received US Food and Drug Administration (FDA) approval of its Micra™ AV2 and Micra™ VR2, the next generation of its industry-leading miniaturized, leadless pacemakers. Micra AV2 and Micra VR2, the world’s smallest pacemakers, provide longer battery life and easier programming than prior Micra pacemakers, while still delivering the many benefits of leadless pacing such as reduced complications compared to traditional pacemakers.
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Pacing Chamber
o By Product
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- includes Abbott Laboratories, Boston Scientific Corp., Medtronic plc, MicroPort Scientific Corp., Lepu Medical Technology (Beijing)Co., Ltd., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Leadless Pacemakers Market Report Segment
By Pacing Chamber
- Single Chamber
- Dual Chamber
By Product
- Micra Transcatheter Pacing System
- Nanostim Leadless Pacemaker
By End-User
- Hospitals
- Ambulatory Surgical Centers
- Other (Cardiac Centers)
A full report of Leadless Pacemakers Market available @ https://www.omrglobal.com/industry-reports/leadless-pacemakers-market
Leadless Pacemakers Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- BIOTRONIK SE & Co KG
- Beebe Healthcare
- EBR Systems Inc.,
- Lepu Medical Technology(Beijing)Co.,Ltd.
- LivaNova PLC
- OSYPKA MEDICAL GmbH
- Telectronics Pacing Systems, Inc.
- Terumo Corp.
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