South Africa Apheresis Equipment Market Size & Outlook
South Africa apheresis equipment market, 2018-2030 (US$M)
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South Africa apheresis equipment market highlights
- The South Africa apheresis equipment market generated a revenue of USD 54.9 million in 2023 and is expected to reach USD 97.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, disposable apheresis kits was the largest revenue generating product in 2023.
- Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Apheresis equipment market data book summary
| Market revenue in 2023 | USD 54.9 million |
| Market revenue in 2030 | USD 97.2 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Disposable apheresis kits |
| Fastest growing segment | Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Apheresis Kits, Devices |
| Key market players worldwide | Asahi Kasei Corp, Terumo Corp, Fresenius SE & Co KGaA, Haemonetics Corp, B. Braun, Nikkiso Co Ltd, Mallinckrodt PLC Ordinary Shares - New |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.9% of the global apheresis equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa apheresis equipment market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 97.2 million by 2030.
Disposable apheresis kits was the largest segment with a revenue share of 71.77% in 2023. Horizon Databook has segmented the South Africa apheresis equipment market based on disposable apheresis kits, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The rising prevalence of chronic disorders in South Africa, such as kidney diseases, cancer, and bloodrelated conditions, has significantly contributed to the market growth in the country. Apheresis is an essential technique for treating these chronic disorders, as it allows for the selective removal of specific components from the blood, making it a vital component in modern healthcare.
According to Statistics South Africa, the number of deaths resulting from chronic disorders, including diabetes, cardiovascular diseases, cancer, & chronic lower respiratory diseases, has significantly escalated by 58.7% over 20 years in South Africa, rising from 10,342 deaths in 1997 to 16,420 deaths in 2018. As the demand for effective treatment options increases, the need for advanced apheresis equipment is expected to surge, driving market growth in South Africa.
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Apheresis Equipment Market Scope
Apheresis Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa apheresis equipment market size, by product, 2018-2030 (US$M)
South Africa Apheresis Equipment Market Outlook Share, 2023 & 2030 (US$M)
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