Italy: Pacemaker Market 2024

Pacemaker Market Size in Italy

The Italian pacemaker market declined to $X in 2023, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Pacemaker Production in Italy

In value terms, pacemaker production fell to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Pacemaker Exports

Exports from Italy

Pacemaker exports from Italy declined to X units in 2023, which is down by X% against the previous year's figure. In general, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, pacemaker exports expanded notably to $X in 2023. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for pacemaker exports from Italy, with a X% share of total exports. Moreover, pacemaker exports to France exceeded the volume sent to the second major destination, Spain (X units), fivefold. Japan (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Japan (X% per year).

In value terms, France ($X) remains the key foreign market for pacemakers for stimulating heart muscles (excl. parts and accessories) exports from Italy, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2023, the average annual growth rate of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Switzerland (X% per year).

Export Prices by Country

The average pacemaker export price stood at $X per unit in 2023, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable slump. The export price peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (X%), while the prices for the other major destinations experienced a decline.

Pacemaker Imports

Imports into Italy

In 2023, pacemaker imports into Italy surged to X units, growing by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at X units in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, pacemaker imports surged to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, the Netherlands (X units) constituted the largest supplier of pacemaker to Italy, accounting for a X% share of total imports. Moreover, pacemaker imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of pacemakers for stimulating heart muscles (excl. parts and accessories) to Italy, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2023, the average annual growth rate of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the average pacemaker import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price recorded a perceptible descent. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform