South Africa Co2 Medical Laser Systems Market Size & Outlook
South Africa co2 medical laser systems market, 2018-2030 (US$M)
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South Africa co2 medical laser systems market highlights
- The South Africa co2 medical laser systems market generated a revenue of USD 9.3 million in 2023 and is expected to reach USD 18.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, dermatology was the largest revenue generating application in 2023.
- Veterinary is the most lucrative application segment registering the fastest growth during the forecast period.
Co2 medical laser systems market data book summary
| Market revenue in 2023 | USD 9.3 million |
| Market revenue in 2030 | USD 18.0 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Dermatology |
| Fastest growing segment | Veterinary |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dermatology, Ophthalmology, Gynecology, Urology, Dentistry, Cardiovascular, Veterinary, ENT, Other Applications |
| Key market players worldwide | Lumenis, Alma Lasers Ltd, International Distributions Services PLC, Cynosure, Cutera Inc, LightScalpel, Limmer Laser, BISON Medical, cutting edge laser machining inc, Candela Medical, Surgical Laser Technologies, Lutronic Aesthetics, Aakaar Medical Technologies, Lynton Lasers |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.7% of the global co2 medical laser systems 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 co2 medical laser systems market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5.0 million by 2030.
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CO2 Medical Laser Systems Market Scope
CO2 Medical Laser Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa co2 medical laser systems 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 co2 medical laser systems market will help companies and investors design strategic landscapes.
Dermatology was the largest segment with a revenue share of 21.51% in 2024. Horizon Databook has segmented the South Africa co2 medical laser systems market based on dermatology, ophthalmology, gynecology, urology, dentistry, cardiovascular, veterinary, ent, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa's CO2 medical laser system market is expected to grow at a significant pace over the forecast period. The market is being driven by increased healthcare spending and the adoption of modern healthcare facilities.
The South African Medical Research Council report, released in March 2021, states that the nation is in a strong position to increase its production of medical devices. However, obstacles like poor R&D spending and a fragmented industry are preventing the country's market from growing.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa co2 medical laser systems market , including forecasts for subscribers. This country databook contains high-level insights into South Africa co2 medical laser systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa co2 medical laser systems market size, by application, 2018-2030 (US$M)
South Africa CO2 Medical Laser Systems Market Outlook Share, 2024 & 2030 (US$M)
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