Pacemaker Market Overview in Germany
In value terms, pacemaker production reached $ in 2019 estimated in export prices. In general, production, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2012 with an increase of % against the previous year. Pacemaker production peaked at $ in 2007; however, from 2008 to 2019, production failed to regain the momentum.
The size of the pacemaker market in Germany surged to $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern. Pacemaker consumption peaked at $ in 2015; however, from 2016 to 2019, consumption remained at a lower figure.