The Latin America, Middle East and Africa Leadless Pacemakers Market would witness market growth of 21.7% CAGR during the forecast period (2023-2030).
Small and implantable, leadless pacemakers regulate cardiac rhythms on their own without the need for traditional wire connections. Several factors, including the aging population's increased susceptibility to cardiovascular diseases, the rise in bradyarrhythmia cases, the growing number of product approvals, the lucrative leadless pacemaker pipeline, and the advantages of leadless pacemakers over traditional pacemakers, are expected to fuel market growth.
Leadless pacemakers, a groundbreaking innovation in cardiology, are miniaturized wireless devices designed to regulate and maintain the heart's rhythm. They represent a remarkable departure from traditional cardiac pacing systems, which rely on leads and a pulse generator implanted beneath the skin. In recent years, the market has witnessed a surge in interest and adoption due to their numerous advantages, including reduced invasiveness, lower infection risk, and improved patient comfort. This innovation has set in motion a series of developments that are reshaping the way cardiac rhythm disorders are managed, marking a new era in cardiology.
One of the notable recent trends in the market is the growing preference for leadless devices over traditional transvenous pacemakers. The conventional transvenous pacemakers, with leads that traverse veins to connect to the heart, have been associated with complications such as lead fractures, infection risks, and limited longevity. In contrast, leadless pacemakers are entirely self-contained, eliminating the need for leads and subcutaneous pulse generators. This trend reflects the desire for less invasive and safer treatment options among patients and healthcare providers.
Moreover, the aging population in the LAMEA region has contributed to the demand for leadless pacemakers, and healthcare digitization plays a vital role in addressing the healthcare needs of elderly patients. As more individuals enter the age group most susceptible to heart-related conditions, the integration of digital healthcare tools helps manage their cardiac health effectively. Remote monitoring and telehealth consultations are particularly valuable for elderly patients who may have mobility limitations.
The United Nations Economic Commission for Latin America and the Caribbean specified that 88.6 million people above the age of 60 lived in the Latin America region as of 2022. This represented 13.4% of the total population, a proportion that will reach 16.5% by 2030. These factors collectively contribute to the growing adoption of leadless pacemakers as a crucial component of modern cardiac healthcare.
The Brazil market dominated the LAMEA Leadless Pacemakers Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $12,436.7 Thousands by 2030. The Argentina market is showcasing a CAGR of 22.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 21.3% during (2023 - 2030).
Based on Type, the market is segmented into Micra Transcatheter Pacing System, and Others. Based on End-use, the market is segmented into Hospitals, and Outpatient Facilities. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Leadless Pacemakers Market is Projected to reach USD 827.7 Million by 2030, at a CAGR of 15.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Abbott Laboratories, Boston Scientific Corporation, Biotronik SE & Co. KG, Lepu Medical Technology Co., Ltd, Integer Holdings Corporation, MicroPort Scientific Corporation, Osypka AG, Terumo Corporation, and EBR Systems, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Micra Transcatheter Pacing System
- Others
By End-use
- Hospitals
- Outpatient Facilities
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Abbott Laboratories
- Boston Scientific Corporation
- Biotronik SE & Co. KG
- Lepu Medical Technology Co., Ltd
- Integer Holdings Corporation
- MicroPort Scientific Corporation
- Osypka AG
- Terumo Corporation
- EBR Systems, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Leadless Pacemakers Market, by Type
1.4.2 LAMEA Leadless Pacemakers Market, by End-use
1.4.3 LAMEA Leadless Pacemakers Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Trials & Approvals
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Nov – 2023, Sep) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. LAMEA Leadless Pacemakers Market, By Type
5.1 LAMEA Micra Transcatheter Pacing System Market, By Country
5.2 LAMEA Others Market, By Country
Chapter 6. LAMEA Leadless Pacemakers Market, By End-use
6.1 LAMEA Hospitals Market, By Country
6.2 LAMEA Outpatient Facilities Market, By Country
Chapter 7. LAMEA Leadless Pacemakers Market, By Country
7.1 Brazil Leadless Pacemakers Market
7.1.1 Brazil Leadless Pacemakers Market, By Type
7.1.2 Brazil Leadless Pacemakers Market, By End-use
7.2 Argentina Leadless Pacemakers Market
7.2.1 Argentina Leadless Pacemakers Market, By Type
7.2.2 Argentina Leadless Pacemakers Market, By End-use
7.3 UAE Leadless Pacemakers Market
7.3.1 UAE Leadless Pacemakers Market, By Type
7.3.2 UAE Leadless Pacemakers Market, By End-use
7.4 Saudi Arabia Leadless Pacemakers Market
7.4.1 Saudi Arabia Leadless Pacemakers Market, By Type
7.4.2 Saudi Arabia Leadless Pacemakers Market, By End-use
7.5 South Africa Leadless Pacemakers Market
7.5.1 South Africa Leadless Pacemakers Market, By Type
7.5.2 South Africa Leadless Pacemakers Market, By End-use
7.6 Nigeria Leadless Pacemakers Market
7.6.1 Nigeria Leadless Pacemakers Market, By Type
7.6.2 Nigeria Leadless Pacemakers Market, By End-use
7.7 Rest of LAMEA Leadless Pacemakers Market
7.7.1 Rest of LAMEA Leadless Pacemakers Market, By Type
7.7.2 Rest of LAMEA Leadless Pacemakers Market, By End-use
Chapter 8. Company Profiles
8.1 Medtronic PLC
8.1.1 Company overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.5.4 Geographical Expansions:
8.1.6 SWOT Analysis
8.2 Abbott Laboratories
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Boston Scientific Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.5.4 Trials & Approval:
8.3.6 SWOT Analysis
8.4 Biotronik SE & Co. KG
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Trials & Approval:
8.4.3 SWOT Analysis
8.5 Lepu Medical Technology Co., Ltd
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Integer Holdings Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 MicroPort Scientific Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 OSYPKA AG
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Terumo Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. EBR Systems, Inc.
8.10.1 Company Overview
8.10.2 SWOT Analysis
TABLE 1 LAMEA Leadless Pacemakers Market, 2019 - 2022, USD Thousands
TABLE 2 LAMEA Leadless Pacemakers Market, 2023 - 2030, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– Leadless Pacemakers Market
TABLE 4 Product Launches And Product Expansions– Leadless Pacemakers Market
TABLE 5 Acquisition and Mergers– Leadless Pacemakers Market
TABLE 6 Trials & Approvals– Leadless Pacemakers Market
TABLE 7 LAMEA Leadless Pacemakers Market, By Type, 2019 - 2022, USD Thousands
TABLE 8 LAMEA Leadless Pacemakers Market, By Type, 2023 - 2030, USD Thousands
TABLE 9 LAMEA Micra Transcatheter Pacing System Market, By Country, 2019 - 2022, USD Thousands
TABLE 10 LAMEA Micra Transcatheter Pacing System Market, By Country, 2023 - 2030, USD Thousands
TABLE 11 LAMEA Others Market, By Country, 2019 - 2022, USD Thousands
TABLE 12 LAMEA Others Market, By Country, 2023 - 2030, USD Thousands
TABLE 13 LAMEA Leadless Pacemakers Market, By End-use, 2019 - 2022, USD Thousands
TABLE 14 LAMEA Leadless Pacemakers Market, By End-use, 2023 - 2030, USD Thousands
TABLE 15 LAMEA Hospitals Market, By Country, 2019 - 2022, USD Thousands
TABLE 16 LAMEA Hospitals Market, By Country, 2023 - 2030, USD Thousands
TABLE 17 LAMEA Outpatient Facilities Market, By Country, 2019 - 2022, USD Thousands
TABLE 18 LAMEA Outpatient Facilities Market, By Country, 2023 - 2030, USD Thousands
TABLE 19 LAMEA Leadless Pacemakers Market, By Country, 2019 - 2022, USD Thousands
TABLE 20 LAMEA Leadless Pacemakers Market, By Country, 2023 - 2030, USD Thousands
TABLE 21 Brazil Leadless Pacemakers Market, 2019 - 2022, USD Thousands
TABLE 22 Brazil Leadless Pacemakers Market, 2023 - 2030, USD Thousands
TABLE 23 Brazil Leadless Pacemakers Market, By Type, 2019 - 2022, USD Thousands
TABLE 24 Brazil Leadless Pacemakers Market, By Type, 2023 - 2030, USD Thousands
TABLE 25 Brazil Leadless Pacemakers Market, By End-use, 2019 - 2022, USD Thousands
TABLE 26 Brazil Leadless Pacemakers Market, By End-use, 2023 - 2030, USD Thousands
TABLE 27 Argentina Leadless Pacemakers Market, 2019 - 2022, USD Thousands
TABLE 28 Argentina Leadless Pacemakers Market, 2023 - 2030, USD Thousands
TABLE 29 Argentina Leadless Pacemakers Market, By Type, 2019 - 2022, USD Thousands
TABLE 30 Argentina Leadless Pacemakers Market, By Type, 2023 - 2030, USD Thousands
TABLE 31 Argentina Leadless Pacemakers Market, By End-use, 2019 - 2022, USD Thousands
TABLE 32 Argentina Leadless Pacemakers Market, By End-use, 2023 - 2030, USD Thousands
TABLE 33 UAE Leadless Pacemakers Market, 2019 - 2022, USD Thousands
TABLE 34 UAE Leadless Pacemakers Market, 2023 - 2030, USD Thousands
TABLE 35 UAE Leadless Pacemakers Market, By Type, 2019 - 2022, USD Thousands
TABLE 36 UAE Leadless Pacemakers Market, By Type, 2023 - 2030, USD Thousands
TABLE 37 UAE Leadless Pacemakers Market, By End-use, 2019 - 2022, USD Thousands
TABLE 38 UAE Leadless Pacemakers Market, By End-use, 2023 - 2030, USD Thousands
TABLE 39 Saudi Arabia Leadless Pacemakers Market, 2019 - 2022, USD Thousands
TABLE 40 Saudi Arabia Leadless Pacemakers Market, 2023 - 2030, USD Thousands
TABLE 41 Saudi Arabia Leadless Pacemakers Market, By Type, 2019 - 2022, USD Thousands
TABLE 42 Saudi Arabia Leadless Pacemakers Market, By Type, 2023 - 2030, USD Thousands
TABLE 43 Saudi Arabia Leadless Pacemakers Market, By End-use, 2019 - 2022, USD Thousands
TABLE 44 Saudi Arabia Leadless Pacemakers Market, By End-use, 2023 - 2030, USD Thousands
TABLE 45 South Africa Leadless Pacemakers Market, 2019 - 2022, USD Thousands
TABLE 46 South Africa Leadless Pacemakers Market, 2023 - 2030, USD Thousands
TABLE 47 South Africa Leadless Pacemakers Market, By Type, 2019 - 2022, USD Thousands
TABLE 48 South Africa Leadless Pacemakers Market, By Type, 2023 - 2030, USD Thousands
TABLE 49 South Africa Leadless Pacemakers Market, By End-use, 2019 - 2022, USD Thousands
TABLE 50 South Africa Leadless Pacemakers Market, By End-use, 2023 - 2030, USD Thousands
TABLE 51 Nigeria Leadless Pacemakers Market, 2019 - 2022, USD Thousands
TABLE 52 Nigeria Leadless Pacemakers Market, 2023 - 2030, USD Thousands
TABLE 53 Nigeria Leadless Pacemakers Market, By Type, 2019 - 2022, USD Thousands
TABLE 54 Nigeria Leadless Pacemakers Market, By Type, 2023 - 2030, USD Thousands
TABLE 55 Nigeria Leadless Pacemakers Market, By End-use, 2019 - 2022, USD Thousands
TABLE 56 Nigeria Leadless Pacemakers Market, By End-use, 2023 - 2030, USD Thousands
TABLE 57 Rest of LAMEA Leadless Pacemakers Market, 2019 - 2022, USD Thousands
TABLE 58 Rest of LAMEA Leadless Pacemakers Market, 2023 - 2030, USD Thousands
TABLE 59 Rest of LAMEA Leadless Pacemakers Market, By Type, 2019 - 2022, USD Thousands
TABLE 60 Rest of LAMEA Leadless Pacemakers Market, By Type, 2023 - 2030, USD Thousands
TABLE 61 Rest of LAMEA Leadless Pacemakers Market, By End-use, 2019 - 2022, USD Thousands
TABLE 62 Rest of LAMEA Leadless Pacemakers Market, By End-use, 2023 - 2030, USD Thousands
TABLE 63 Key Information – Medtronic PLC
TABLE 64 Key Information – Abbott Laboratories
TABLE 65 Key Information – Boston Scientific Corporation
TABLE 66 Key Information – Biotronik SE & Co. KG
TABLE 67 Key Information – Lepu Medical Technology Co., Ltd
TABLE 68 Key Information – Integer Holdings Corporation
TABLE 69 key Information – MicroPort Scientific Corporation
TABLE 70 Key Information – OSYPKA AG
TABLE 71 Key Information – Terumo Corporation
TABLE 72 Key Information – EBR Systems, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Leadless Pacemakers Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting the Leadless Pacemakers Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Mergers & Acquisition: 2019, Nov – 2023, Sep) Leading Players
FIG 7 Porter’s Five Forces Analysis - Leadless Pacemakers Market
FIG 8 LAMEA Leadless Pacemakers Market share, By Type, 2022
FIG 9 LAMEA Leadless Pacemakers Market share, By Type, 2030
FIG 10 LAMEA Leadless Pacemakers Market, By Type, 2019 - 2030, USD Thousands
FIG 11 LAMEA Leadless Pacemakers Market share, By End-use, 2022
FIG 12 LAMEA Leadless Pacemakers Market share, By End-use, 2030
FIG 13 LAMEA Leadless Pacemakers Market, By End-use, 2019 - 2030, USD Thousands
FIG 14 LAMEA Leadless Pacemakers Market share, By Country, 2022
FIG 15 LAMEA Leadless Pacemakers Market share, By Country, 2030
FIG 16 LAMEA Leadless Pacemakers Market, By Country, 2019 - 2030, USD Thousands
FIG 17 Recent strategies and developments: Medtronic PLC
FIG 18 SWOT Analysis: Medtronic PLC
FIG 19 Recent strategies and developments: Abbott Laboratories
FIG 20 SWOT Analysis: Abbott Laboratories
FIG 21 Recent strategies and developments: Boston Scientific Corporation
FIG 22 SWOT Analysis: Boston Scientific Corporation
FIG 23 SWOT Analysis: Biotronik SE & Co. KG
FIG 24 SWOT Analysis: Lepu Medical Technology Co., Ltd
FIG 25 SWOT Analysis: Integer Holdings Corporation
FIG 26 SWOT Analysis: MicroPort Scientific Corporation
FIG 27 SWOT Analysis: OSYPKA AG
FIG 28 Recent strategies and developments: Terumo Corporation
FIG 29 SWOT Analysis: Terumo Corporation
FIG 30 SWOT Analysis: EBR Systems, Inc.