Market revenue in 2023 | USD 35.4 million |
Market revenue in 2030 | USD 60.7 million |
Growth rate | 8% (CAGR from 2023 to 2030) |
Largest segment | Disposable |
Fastest growing segment | Reusable |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Disposable, Reusable |
Key market players worldwide | Medtronic PLC, Johnson & Johnson, Getinge AB Class B, Baxter International Inc, Mizuho Financial Group Inc, Péters Surgical, Carponovum, Vascular Graft Solutions, Medline Industries, Seger Surgical Solutions |
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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 anastomosis devices market will help companies and investors design strategic landscapes.
Disposable was the largest segment with a revenue share of 88.14% in 2023. Horizon Databook has segmented the South Africa anastomosis devices market based on disposable, reusable covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in incidence of CVD and colorectal cancer is expected to drive the market. According to the Heart and Stroke Foundation South Africa, 225 people die every day from heart disease in South Africa.
Furthermore, as per the Cancer Association of South Africa, there were 1,542 new cases of colorectal cancer in 2013, which represent 4.21% of all cancer cases. Increase in healthcare expenditure is expected to boost the growth of anastomosis device market in this region.
South Africa market is also expected to exhibit growth during the forecast period due to growing medical tourism. The aforementioned factors are expected to maintain a steady demand for anastomosis devices over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa anastomosis devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa anastomosis devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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