Pacemaker Market Overview in Iceland
The size of the pacemaker market in Iceland dropped slightly to $ in 2019, stabilizing at 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 abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of % y-o-y. Pacemaker consumption peaked at $ in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.