South Africa Bronchial Biopsy Devices Market Size & Outlook
South Africa bronchial biopsy devices market, 2018-2030 (US$M)
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South Africa bronchial biopsy devices market highlights
- The South Africa bronchial biopsy devices market generated a revenue of USD 3.2 million in 2023 and is expected to reach USD 5.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, transbronchial needle aspiration (tbna) needles was the largest revenue generating product in 2023.
- Transbronchial Needle Aspiration (TBNA) Needles is the most lucrative product segment registering the fastest growth during the forecast period.
Bronchial biopsy devices market data book summary
| Market revenue in 2023 | USD 3.2 million |
| Market revenue in 2030 | USD 5.1 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Transbronchial needle aspiration (tbna) needles |
| Fastest growing segment | Transbronchial Needle Aspiration (TBNA) Needles |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopsy Forceps, Transbronchial Needle Aspiration (TBNA) Needles, Cytology Brushes |
| Key market players worldwide | Olympus Corp, Boston Scientific Corp, Conmed Corp, Medtronic PLC, Becton Dickinson & Co, Hobbs Medical, Cook Medical, Telemed Systems, Argon Medical Devices, Horizons International |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global bronchial biopsy devices 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 bronchial biopsy devices 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 5.1 million by 2030.
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Bronchial Biopsy Devices Market Scope
Bronchial Biopsy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa bronchial biopsy devices 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 bronchial biopsy devices market will help companies and investors design strategic landscapes.
Transbronchial needle aspiration (tbna) needles was the largest segment with a revenue share of 56.25% in 2023. Horizon Databook has segmented the South Africa bronchial biopsy devices market based on biopsy forceps, transbronchial needle aspiration (tbna) needles, cytology brushes covering the revenue growth of each sub-segment from 2018 to 2030.
The bronchial biopsy device market in South Africa is expected to register notable growth, driven by a rising incidence of respiratory diseases, technological advancements, and ongoing improvements in healthcare infrastructure. According to recent data, lung cancer is one of the leading causes of cancer-related deaths in South Africa, emphasizing the need for early and accurate diagnostic methods.
As per the Cancer Association of South Africa, lung cancer is among the top 3 cancers in men & women and is ranked seventh most prevalent. This is expected to drive the demand for bronchial biopsy devices in the country.
Moreover, the adoption of advanced technology to improve accuracy and minimally invasive options is another major factor expected to facilitate market growth over the forecast period. For instance, Institutions like Groote Schuur Hospital in Cape Town have adopted EBUS technology, improving the precision of bronchial biopsies and enhancing patient outcomes.
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Our clientele includes a mix of bronchial biopsy devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa bronchial biopsy devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa bronchial biopsy devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa bronchial biopsy devices market size, by product, 2018-2030 (US$M)
South Africa Bronchial Biopsy Devices Market Outlook Share, 2023 & 2030 (US$M)
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