South Africa Cardiac Rhythm Management Devices Market Size & Outlook
South Africa cardiac rhythm management devices market, 2018-2030 (US$M)
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South Africa cardiac rhythm management devices market highlights
- The South Africa cardiac rhythm management devices market generated a revenue of USD 171.5 million in 2024 and is expected to reach USD 242.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.9% from 2025 to 2030.
- In terms of segment, defibrillators was the largest revenue generating product in 2024.
- Defibrillators is the most lucrative product segment registering the fastest growth during the forecast period.
Cardiac rhythm management devices market data book summary
| Market revenue in 2024 | USD 171.5 million |
| Market revenue in 2030 | USD 242.2 million |
| Growth rate | 5.9% (CAGR from 2024 to 2030) |
| Largest segment | Defibrillators |
| Fastest growing segment | Defibrillators |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pacemakers, Defibrillators, Cardiac Resynchronization Therapy (CRT) |
| Key market players worldwide | Stryker Corp, BIOTRONIK, SCHILLER, Medtronic PLC, Abbott Laboratories, Koninklijke Philips NV, ZOLL Medical Corporation, Boston Scientific Corp, LivaNova PLC, Progetti Medical |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.0% of the global cardiac rhythm management devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa cardiac rhythm management devices market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 194.1 million by 2030.
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Cardiac Rhythm Management Devices Market Scope
Cardiac Rhythm Management Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa cardiac rhythm management 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 cardiac rhythm management devices market will help companies and investors design strategic landscapes.
Defibrillators was the largest segment with a revenue share of 52.19% in 2024. Horizon Databook has segmented the South Africa cardiac rhythm management devices market based on pacemakers, defibrillators, cardiac resynchronization therapy (crt) covering the revenue growth of each sub-segment from 2018 to 2030.
Rising healthcare spending and the increasing number of hospitals in the country contribute to the market expansion. For instance, in April 2022, a 400-bed multispecialty hospital was established in South Africa by the Net care Property Holdings Joint Venture. Such expansions provide opportunities to adopt advanced cardiovascular devices, fueling market growth in South Africa.
In addition, a device that has contributed to market growth is the pacemaker. These devices regulate the heartbeat in patients with slow or irregular heart rhythms. In recent years, there has been a growing demand for pacemakers in South Africa due to the aging population & increasing prevalence of cardiovascular diseases.
Supportive initiatives undertaken by the government, various healthcare agencies, and private players are increasing awareness among people. For instance, in March 2019, Heart and Stroke Foundation South Africa (HSFSA), The Philips Foundation, and Philips South Africa Commercial (Pty) Limited collaborated to launch the Back to Rhythm program.
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Our clientele includes a mix of cardiac rhythm management 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 cardiac rhythm management devices market, including forecasts for subscribers. This country databook contains high-level insights into South Africa cardiac rhythm management devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa cardiac rhythm management devices industry size, by product, 2018-2030 (US$M)
South Africa Cardiac Rhythm Management Devices Market Share, 2024 & 2030 (US$M)
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