South Africa Advanced Wound Care Market Size & Outlook
South Africa advanced wound care market, 2018-2030 (US$M)
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South Africa advanced wound care market highlights
- The South Africa advanced wound care market generated a revenue of USD 75.7 million in 2023 and is expected to reach USD 97.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, moist was the largest revenue generating product in 2023.
- Antimicrobial is the most lucrative product segment registering the fastest growth during the forecast period.
Advanced wound care market data book summary
| Market revenue in 2023 | USD 75.7 million |
| Market revenue in 2030 | USD 97.0 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Moist |
| Fastest growing segment | Antimicrobial |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Moist, Antimicrobial, Active |
| Key market players worldwide | ConvaTec Group PLC, Smith & Nephew PLC, Molnlycke Health Care, B. Braun, 3M Co, URGO, Coloplast A/S ADR, Integra Lifesciences Holdings Corp, Medline Industries |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.0% of the global advanced wound care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia advanced wound care 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 99.3 million by 2030.
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Advanced Wound Care Market Scope
Advanced Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa advanced wound care 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 advanced wound care market will help companies and investors design strategic landscapes.
Moist was the largest segment with a revenue share of 59.31% in 2023. Horizon Databook has segmented the South Africa advanced wound care market based on moist, antimicrobial, active covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa wound dressings market is anticipated to witness the fastest growth over the forecast period. Economic development and presence of high-unmet healthcare needs are the major drivers of South Africa advanced wound care market.
According to a study published by FIND, (a non-profit organization working to develop, evaluate, and deliver high-quality affordable diagnostics), diabetes (6%), and heart disease (5%) are the top reasons for death in South Africa.
Moreover, high healthcare expenditure and rising awareness about advanced wound care treatment is anticipated to boost the market growth over the forecast period. However, a smaller number of surgical work force and less awareness regarding hygiene and cleanliness is one of the key factors restraining the market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa advanced wound care market , including forecasts for subscribers. This country databook contains high-level insights into South Africa advanced wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa advanced wound care market size, by product, 2018-2030 (US$M)
South Africa Advanced Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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