South Africa Bed Head Panel Market Size & Outlook
South Africa bed head panel market, 2018-2030 (US$M)
Related Markets
South Africa bed head panel market highlights
- The South Africa bed head panel market generated a revenue of USD 9.4 million in 2023 and is expected to reach USD 12.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Hospitals is the most lucrative end use segment registering the fastest growth during the forecast period.
Bed head panel market data book summary
| Market revenue in 2023 | USD 9.4 million |
| Market revenue in 2030 | USD 12.3 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Hospitals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Clinics, Other End Use |
| Key market players worldwide | Baxter International Inc, Draegerwerk AG & Co KGaA, InMed Pharmaceuticals Inc, Precision UK, Novair Medical, Amcaremed Technology Co., Amico Group of Companies, Biolume, BeaconMedaes, Silbermann |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.3% of the global bed head panel 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 bed head panel 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 12.3 million by 2030.
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Bed Head Panel Market Scope
Bed Head Panel Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa bed head panel 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 bed head panel market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 36.17% in 2023. Horizon Databook has segmented the South Africa bed head panel market based on hospitals, clinics, other end use covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa's bed head panel market is expected to grow significantly in the MEA region over the forecast period. The market is being driven by increased healthcare spending and adoption of modern healthcare facilities. The South African government, for example, budgeted 13.5% of overall government spending on healthcare program, according to UNICEF Health Budget South Africa 2017/2018.
Such occurrences are projected to provide new and significant players in the South African market with growth prospects. Furthermore, according to IHME, ischemic heart disease was the country's second-largest cause of death in 2017, and the number of deaths is likely to rise in the coming years, resulting in more hospitalizations and procedures. As a result, such factors are projected to drive the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa bed head panel market , including forecasts for subscribers. This country databook contains high-level insights into South Africa bed head panel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa bed head panel market size, by end use, 2018-2030 (US$M)
South Africa Bed Head Panel Market Outlook Share, 2023 & 2030 (US$M)
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