South Africa Congestive Heart Failure Treatment Devices Market Size & Outlook
South Africa congestive heart failure treatment devices market, 2018-2030 (US$M)
Related Markets
South Africa congestive heart failure treatment devices market highlights
- The South Africa congestive heart failure treatment devices market generated a revenue of USD 22.8 million in 2024 and is expected to reach USD 27.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.2% from 2025 to 2030.
- In terms of segment, pacemakers was the largest revenue generating product in 2024.
- Ventricular Assist Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Congestive heart failure treatment devices market data book summary
| Market revenue in 2024 | USD 22.8 million |
| Market revenue in 2030 | USD 27.1 million |
| Growth rate | 3.2% (CAGR from 2025 to 2030) |
| Largest segment | Pacemakers |
| Fastest growing segment | Ventricular Assist Devices |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ventricular Assist Devices, Implantable Cardioverter Defibrillators, Pacemakers, Cardiac Resynchronization therapy, Counter Pulsation Devices |
| Key market players worldwide | Medtronic PLC, Boston Scientific Corp, Abbott Laboratories, Jarvik Heart, ReliantHeart, Biotronik SE & Co., KG, Berlin Heart GmbH |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.4% of the global congestive heart failure treatment devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia congestive heart failure treatment devices market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 79.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Congestive Heart Failure Treatment Devices Market Scope
Congestive Heart Failure Treatment Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa congestive heart failure treatment devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to congestive heart failure treatment devices market will help companies and investors design strategic landscapes.
Pacemakers was the largest segment with a revenue share of 39.91% in 2024. Horizon Databook has segmented the South Africa congestive heart failure treatment devices market based on ventricular assist devices, implantable cardioverter defibrillators, pacemakers, cardiac resynchronization therapy, counter pulsation devices covering the revenue growth of each sub-segment from 2018 to 2030.
Governments and healthcare organizations are undertaking initiatives to improve the healthcare facilities in the respective MEA countries. South Africa CHF devices market stood at USD 187.4 million in 2015. Economic development of South Africa and the presence of high unmet healthcare needs are some primary growth drivers of this market.
Expected growth in healthcare spending and the resultant rising demand for advanced healthcare treatments is anticipated to boost the market during the forecast period. Moreover, the government of the country is directing efforts toward regulating the healthcare industry in South Africa.
Reasons to subscribe to South Africa congestive heart failure treatment devices market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa congestive heart failure treatment devices market databook
-
Our clientele includes a mix of congestive heart failure treatment devices market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa congestive heart failure treatment devices market, including forecasts for subscribers. This country databook contains high-level insights into South Africa congestive heart failure treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa congestive heart failure treatment devices market size, by product, 2018-2030 (US$M)
South Africa Congestive Heart Failure Treatment Devices Market Share, 2024 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
