South Africa Extracorporeal Co2 Removal Devices Market Size & Outlook
South Africa extracorporeal co2 removal devices market, 2017-2030 (US$M)
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South Africa extracorporeal co2 removal devices market highlights
- The South Africa extracorporeal co2 removal devices market generated a revenue of USD 0.6 million in 2022 and is expected to reach USD 0.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
- In terms of segment, extracorporeal co2 machines was the largest revenue generating product in 2022.
- Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
Extracorporeal co2 removal devices market data book summary
| Market revenue in 2022 | USD 0.6 million |
| Market revenue in 2030 | USD 0.9 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Extracorporeal co2 machines |
| Fastest growing segment | Other Products |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Extracorporeal CO2 machines, Disposables, Other Products |
| Key market players worldwide | Medtronic PLC, Getinge AB ADR, Fresenius Medical Care AG, LivaNova PLC, Aferetica, Estor |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global extracorporeal co2 removal devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia extracorporeal co2 removal 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 0.9 million by 2030.
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Extracorporeal CO2 Removal Devices Market Scope
Extracorporeal CO2 Removal Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa extracorporeal co2 removal 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 extracorporeal co2 removal devices market will help companies and investors design strategic landscapes.
Extracorporeal co2 machines was the largest segment with a revenue share of 66.67% in 2022. Horizon Databook has segmented the South Africa extracorporeal co2 removal devices market based on extracorporeal co2 machines, disposables, other products covering the revenue growth of each sub-segment from 2017 to 2030.
Economic development in South Africa and presence of high unmet healthcare needs are some of the primary growth drivers of this market. The expected increase in healthcare spending and rise in demand for advanced healthcare treatments are anticipated to boost the extracorporeal CO2 removal devices market over the forecast period.
Moreover, the government is undertaking initiatives to regulate the healthcare industry in South Africa. The South African devices market is very price sensitive. At present, the Medicines Control Council (MCC) regulates devices that make use of a pharmaceutical. The regulatory process of these devices is lengthy and complicated, thereby limiting the country growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa extracorporeal co2 removal devices market, including forecasts for subscribers. This country databook contains high-level insights into South Africa extracorporeal co2 removal devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa extracorporeal co2 removal devices market size, by product, 2017-2030 (US$M)
South Africa Extracorporeal CO2 Removal Devices Market Share, 2022 & 2030 (US$M)
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