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 |
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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.
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.
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