Israel Pacemaker Market, By Type (Implantable, External), By Technology (Single Chamber, Dual Chamber, and Biventricular Chamber), By Product Type (Conventional, MRI Compatible), By Application (Arrythmias, Congestive Heart Failure, and Others), By End User (Hospitals, Cardiac Care Centers, and Ambulatory Surgical Centers), By Region, Competition, Forecast and Opportunities, 2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIsrael Pacemaker Market, By Type (Implantable, External), By Technology (Single Chamber, Dual Chamber, and Biventricular Chamber), By Product Type (Conventional, MRI Compatible), By Application (Arrythmias, Congestive Heart Failure, and Others), By End User (Hospitals, Cardiac Care Centers, and Ambulatory Surgical Centers), By Region, Competition, Forecast and Opportunities, 2028
Israel pacemaker market is expected to grow at an impressive rate during the forecast period, 2024-2028. The major factors include increasing prevalence of cardiovascular diseases, a rise in the aging population, technological advancements, and an increase in healthcare expenditure. Additionally, the rise in awareness about heart health and the availability of innovative pacemaker devices are contributing to the growth of Israel pacemaker market.
Pacemaker is a medical device that can be placed in human body, usually by surgery, to support the electrical system of the heart. This is also used to prevent heart conditions when the heartbeat is too low. A pacemaker is a medical device that is implanted in the chest to regulate the heartbeat and provide a steady rhythm. It does this by emitting electrical signals that stimulate the heart muscle to contract at a regular pace. As the number of people with cardiovascular diseases continues to increase, the demand for pacemakers has also been rising.
Furthermore, the two main components of the pacemaker are the leads and a pulse generator. A battery and a tiny computer are installed in the pulse generator, which is located just beneath the skin of the chest. The leads are wires that are implanted into the heart's muscle after being inserted through the veins. They sense the electrical activity of the heart as well as transmit impulses from the pulse generator to the heart muscle. The heart contracts with each impulse. Depending on the kind of pacemaker required to treat your heart condition, the pacemaker could have one to three leads.
According to Israel Heart Society in 2018, approximately 25,000 hospitalizations occur because of myocardial infarction each year; 43,000 patients have coronary angiograms annually, and 23,000 patients undergo percutaneous coronary interventions
Due to the high prevalence of congenital and surgically acquired disturbances, permanent pacemakers are primarily used in the geriatric population. Another important factor influencing the growth of the Israel pacemaker market is the rising desire for pacemaker implantations that are painless for patients and only necessitate minimally invasive procedures and thereby participates in the growth of Israel pacemaker market.
Rising Prevalence of Cardiovascular Diseases
Cardiac diseases affect 10.2% of Israeli men and 7.1% of women, with a prevalence of coronary artery disease of 7.5% and 4.1%, respectively. Cardiac disorders increase with age, for instance, 42% of men and 31% of women aged ≥75 years have a cardiac illness which propels the growth of Israel pacemaker market.
Growing Geriatric Population
. According to MoHP and WHO survey, in 2017, approximately 43.4% of males and 0.5% of females were smokers, and along with it around 24.9% of the population was physically inactive among the population
Technological Advancements
in June 2021, Medtronic Private Limited launched Micra AV, a miniaturized, fully self-contained pacemaker that delivers advanced pacing technology to atrioventricular (AV) block patients via a minimally invasive approach.
Market Segmentation
Market Players
MEDTRONIC ISRAEL, BOSTON SCIENTIFIC ISRAEL LTD, Israel Abbott, Edwards Lifesciences Israel Ltd., and Johnson and Johnson Israel are some of the leading companies operating in the market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2022 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume Units and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, Volume forecast company share, competitive landscape, growth factors, and trends |
| Segments covered | Type Technology Product Type Application End User |
| Regional scope | The Mediterranean Coastal Plain, The Central Hills, The Jordan Rift Valley, The Negev Desert |
| Key companies profiled | MEDTRONIC ISRAEL, BOSTON SCIENTIFIC ISRAEL LTD, Israel Abbott, Edwards Lifesciences Israel Ltd. Johnson and Johnson Israel |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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