Market revenue in 2020 | USD 4.9 million |
Market revenue in 2027 | USD 6.7 million |
Growth rate | 4.5% (CAGR from 2020 to 2027) |
Largest segment | Non-retail |
Fastest growing segment | Retail |
Historical data | 2016 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Retail, Non-retail |
Key market players worldwide | 3M Co, Becton Dickinson & Co, ICU Medical Inc, Baxter International Inc, B. Braun Medical |
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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 disinfection cap market will help companies and investors design strategic landscapes.
Non-retail was the largest segment with a revenue share of 69.39% in 2020. Horizon Databook has segmented the South Africa disinfection cap market based on retail, non-retail covering the revenue growth of each sub-segment from 2016 to 2027.
The South Africa disinfection cap market is anticipated to witness considerable growth rate over the forecast period. Increasing healthcare expenditure and rising adoption of advanced healthcare facilities are among the major factors driving the market growth.
For instance, according to the article published by the Economist Intelligence Unit Limited in 2018, South African government has increased the healthcare expenditure by 9.00% from the previous year. Such instances are expected to create opportunities in South African market, which may lead to the entry of new and key players, thereby propelling the market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa disinfection cap market, including forecasts for subscribers. This country databook contains high-level insights into South Africa disinfection cap market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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