Denmark - Pacemakers For Stimulating Heart Muscles (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Denmark - Pacemakers For Stimulating Heart Muscles (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights

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Pacemaker Price in Denmark - 2023

Contents:

  1. Pacemaker Price in Denmark (CIF) - 2023
  2. Pacemaker Price in Denmark (FOB) - 2022
  3. Pacemaker Imports in Denmark
  4. Pacemaker Exports in Denmark

Pacemaker Price in Denmark (CIF) - 2023

In July 2023, the average pacemaker import price amounted to $5,655 per unit, growing by 14% against the previous month. Over the period under review, import price indicated a noticeable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, pacemaker import price increased by +23.7% against April 2023 indices. The growth pace was the most rapid in December 2022 an increase of 31% month-to-month. As a result, import price reached the peak level of $6,398 per unit; afterwards, it flattened through to July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($9,221 per unit), while the price for Germany ($3,210 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Pacemaker Price in Denmark (FOB) - 2022

The average pacemaker export price stood at $3,163 per unit in 2022, with an increase of 147% against the previous year. Over the period under review, the export price showed significant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 460% against the previous year. Over the period under review, the average export prices reached the maximum at $8,779 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,215 per unit), while the average price for exports to Greenland ($1,316 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

Pacemaker Imports in Denmark

In 2022, supplies from abroad of pacemakers for stimulating heart muscles (excl. parts and accessories) decreased by -30.6% to 11K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 56%. Over the period under review, imports attained the peak figure at 16K units in 2021, and then contracted markedly in the following year.

In value terms, pacemaker imports fell markedly to $11M in 2022. Overall, imports showed a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $14M, and then fell dramatically in the following year.

Import of Pacemaker in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4.54.35.64.92.9%
Netherlands1.92.43.03.826.0%
Germany5.35.15.12.4-23.2%
OthersN/AN/AN/AN/A0%
Total11.811.813.711.1-2.0%

Top Suppliers of Pacemaker to Denmark in 2022:

  1. Germany (4.6K units)
  2. Belgium (3.6K units)
  3. Netherlands (2.9K units)

Pacemaker Exports in Denmark

In 2022, pacemaker exports from Denmark fell dramatically to 33 units, shrinking by -19.5% on the year before. Over the period under review, exports faced a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 583%. Over the period under review, the exports reached the peak figure at 330 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, pacemaker exports skyrocketed to $104K in 2022. In general, exports continue to indicate a sharp shrinkage. The exports peaked at $673K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Pacemaker in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A63.90%
AustraliaN/AN/AN/A20.00%
Greenland11.92.952.519.918.7%
Germany628N/AN/AN/A0%
Sweden19.3N/AN/AN/A0%
United Arab Emirates14.0N/AN/AN/A0%
OthersN/A49.8N/AN/A0%
Total67352.752.5104-46.3%

Top Export Markets for Pacemaker from Denmark in 2022:

  1. Greenland (15.0 units)
  2. United States (9.0 units)
  3. Australia (9.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pacemaker market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26601450 - Pacemakers for stimulating heart muscles (excluding parts and accessories)

Country coverage:

  • Denmark

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Denmark
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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