Tuesday, 02 January 2024 12:17 GMT

Leadless Pacemakers Market To Hit USD 1,965.2 Million By 2032, Driven By A Surge In Cardiovascular Diseases Burden CAGR Of 13.6%


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"Leadless Pacemakers Market"

The Global Leadless Pacemakers Market is estimated to be valued at USD 804.1 Mn in 2025 and is expected to reach USD 1,965.2 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 13.6% from 2025 to 2032. The leadless pacemakers market is experiencing notable growth, driven by the rising prevalence of cardiovascular diseases and the expanding global geriatric population. Advancements in technology and continuous innovations in leadless pacemakers are creating new opportunities for manufacturers. Key developments such as device miniaturization and extended battery life are anticipated to further support market expansion.

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Global Leadless Pacemakers Market Key Takeaways

According to Coherent Market Insights (CMI), the global leadless pacemakers market size is projected to surpass USD 1,965.2 Mn by 2032, up from USD 804.1 Mn in 2032.

Global demand for leadless pacemakers is expected to rise at a CAGR of 13.6% during the assessment period.

Micra transcatheter pacing system is set to remain a highly sought-after product type in the market, holding a share of 45.1% in 2025.

Based on type, single chamber segment is slated to account for more than half of the global leadless pacemakers market share in 2025.

Hospitals are the leading end users of leadless pacemakers, holding a prominent market share of 36.2% in 2025.

North America, with an estimated one-third share, is expected to maintain its dominance during the forecast period.

As per CMI's new leadless pacemakers market analysis, Asia Pacific is set to experience fastest growth throughout the forecast period.

Rising Incidence of Cardiovascular Diseases Spurring Market Growth

Coherent Market Insights' latest leadless pacemakers market research report lists key factors driving industry growth. Rising prevalence of cardiovascular diseases is one such prominent growth driver.

There is a notable increase in cardiac rhythm disorders like arrhythmias, bradycardia, and atrial fibrillation globally. This expanding patient base of cardiovascular disease is expected to drive demand for leadless pacemakers as they often require effective pacing solutions.

Leadless pacemakers are becoming ideal alternatives to conventional devices. They offer effective pacing solutions without the complications associated with traditional pacemakers, including infection, breakage, or dislodgement.

According to the European Society of Cardiology, one in three people globally will develop a potentially life-threatening heart rhythm disorder in their lifetime. This underscores the growing opportunities for leadless pacemaker manufacturers in the years ahead.

High Cost and Limited Availability Hampering Market Growth

The prospective leadless pacemakers market outlook indicates robust growth. However, high cost of leadless pacemakers and limited availability are likely to hinder widespread market expansion.

Leadless pacemakers represent a significant advancement in cardiac pacing technology. However, these advanced pacing devices are more expensive than conventional pacemakers. This limits their affordability and accessibility, potentially reducing overall leadless pacemakers market demand.

Availability in developing and underdeveloped regions remains limited due to factors like inadequate infrastructure, regulatory barriers, and shortage of trained cardiac specialists. These challenges may further hinder growth of the leadless pacemakers market during the assessment period.

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Growing Preference for Minimally Invasive Procedures Unlocking Growth Opportunities

There is a rising global preference for minimally invasive procedures due to their benefits, including reduced complications, lower infection risks, and faster recovery times. This trend is expected to create lucrative growth opportunities for leadless pacemaker companies.

Leadless pacemakers eliminate the need for surgical pockets and transvenous leads, which helps minimize associated risks. As a result, they align well with the increasing demand for less invasive cardiac therapies, driving their adoption in clinical practice.

Impact of AI on the Leadless Pacemakers Market

Artificial intelligence (AI) is gradually beginning to influence the leadless pacemaker market. This advanced technology is enhancing cardiac diagnostics, remote monitoring, and patient selection.

AI in leadless pacemakers is nascent, but its broader use in cardiovascular care enables more personalized and efficient treatments. This trend may contribute to increased adoption of leadless pacemakers, especially among aging populations and in regions with high cardiovascular disease prevalence.

Emerging Leadless Pacemakers Market Trends

Shift towards dual-chamber leadless pacemakers like Abbott's AVEIR DR is a key market trend. Companies are actively developing next-generation systems that expand the eligibility of patients who can benefit from leadless technology.

Growing awareness about the benefits of leadless pacemakers is expected to boost sales growth. These pacemakers eliminate leads and surgical pockets, thereby significantly lowering the risk of lead-related complications and pocket-related infections.

Positive results from clinical trials are positively impacting the leadless pacemakers market growth. Similarly, endorsements from cardiology societies, such as the HRS and ESC, are influencing broader acceptance in clinical practice.

Ongoing technological advancements in leadless pacemaker systems will likely support market expansion. Leading manufacturers of leadless pacemakers are striving to reduce device size, enhance battery life, and improve overall device functionality.

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Analyst's View

“The global leadless pacemakers industry is poised for significant growth, driven by the rising prevalence of cardiovascular diseases, increasing preference for minimally invasive procedures, growing demand for next-generation cardiac devices, and ongoing technological advancements in leadless pacing systems ,” said senior analyst Komal Dighe.

Current Events and Their Impact on the Leadless Pacemakers Market

Event

Description and Impact

Technological Advancements in Miniaturization and Battery Technology.

  • Description : There is an increasing focus on the development of advanced miniaturized components and long-lasting lithium-based batteries for leadless pacemakers.
  • Impact: These innovations enhance device longevity, reduce the frequency of replacement procedures, and improve patient compliance, thereby supporting greater market adoption.

Regulatory Framework Evolution and Medical Device Approval Processes

  • Description: Regulatory bodies such as the FDA are offering expedited approval pathways (e.g., Breakthrough Devices Program) for innovative cardiac devices, including leadless pacemakers.
  • Impact: This accelerates time-to-market for novel devices, encouraging R&D and intensifying competition in the leadless pacemaker market.

Aging Population Demographics and Rising Cardiovascular Disease Prevalence

  • Description : The global geriatric population is rising significantly, especially in developed and emerging economies, accompanied by an increase in cardiovascular disease incidence.
  • Impact : This demographic trend fuels demand for minimally invasive cardiac interventions, thereby driving adoption of leadless pacemakers.

Competitor Insights

Key companies listed in the leadless pacemakers market report include:

- Medtronic PLC

- Abbott Laboratories

- EBR Systems Inc.

- Boston Scientific Corporation

- Biotronik SE & Co. KG

- MicroPort Scientific Corporation

- Jude Medical (now part of Abbott)

- Osypka AG

- Cardiac Rhythm Management (CRM)

- Lepu Medical Technology

- AtriCure Inc.

- Sorin Group

- Cook Medical

- Neovasc Inc.

- Biotronik

Key Developments

In May 2024, Abbott announced the launch of AVEIR VR single-chamber leadless pacemaker in India for the treatment of patients with slow heart rhythms. It is the world's only leadless pacemaker with unique mapping capability to assess correct positioning prior to placement.

In January 2024, Medtronic plc received CE Mark for its Micra AV2 and Micra VR2 leadless pacing systems. These are among the world's smallest pacemakers, and provide longer battery life.

Market Segmentation

  • Product Type Insights (Revenue, USD Mn, 2020 - 2032)
    • Micra Transcatheter Pacing System
    • Nanostim Leadless Pacemaker
    • Other Leadless Pacemakers
  • Type Insights (Revenue, USD Mn, 2020 - 2032)
    • Single Chamber
    • Dual Chamber
  • End User Insights (Revenue, USD Mn, 2020 - 2032)
    • Hospitals
    • Ambulatory Surgical Centers
    • long-term care facilities
    • Others
  • Regional Insights (Revenue, USD Mn, 2020 - 2032)
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East
    • Africa

About Us:

Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.

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