Cardiovascular devices are used in treating diseases related to the heart and the circulatory system. Cardiac Rhythm Management (CRM) devices are those devices which are used to restore the natural synchronized pumping rhythm of the heart. A pacemaker is a device designed to regulate the beating of the heart by providing electrical impulses delivered by the electrodes contacting the heart muscle. GlobalData uses proprietary data and analytics to provide a comprehensive report on the pacemakers devices market, including market shares of different players within South Korea. Buy the latest report here.

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Data Insights South Korea Pacemakers Market Share

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In 2022, GlobalData’s Market Model methodology determined that the leading player in the pacemakers market in South Korea was Medtronic followed by Biotronik SE, Abbott Laboratories, Boston Scientific and MicroPort Scientific.

A pacemaker can be a single chamber or dual chamber type. Single chamber pacemakers with leads are devices which have a single pacing lead placed into a chamber of the heart. Dual chamber pacemakers have pacing leads in two chambers of the heart.

Following the widespread disruption resulting from the COVID-19 pandemic to the broader medical devices market during 2020 and 2021, the value of the pacemakers devices market within South Korea was expected to be over $10m in 2022.

For the latest complete market share analysis of pacemakers device market in South Korea, buy the report here.

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The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.