South Africa Gastrointestinal Endoscopic Devices Market Size & Outlook
South Africa gastrointestinal endoscopic devices market, 2015-2027 (US$M)
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South Africa gastrointestinal endoscopic devices market highlights
- The South Africa gastrointestinal endoscopic devices market generated a revenue of USD 26.2 million in 2020 and is expected to reach USD 32.9 million by 2027.
- The South Africa market is expected to grow at a CAGR of 3.3% from 2021 to 2027.
- In terms of segment, endoscopy visualization systems market was the largest revenue generating product in 2020.
- Endoscopes Market is the most lucrative product segment registering the fastest growth during the forecast period.
Gastrointestinal endoscopic devices market data book summary
| Market revenue in 2020 | USD 26.2 million |
| Market revenue in 2027 | USD 32.9 million |
| Growth rate | 3.3% (CAGR from 2020 to 2027) |
| Largest segment | Endoscopy visualization systems market |
| Fastest growing segment | Endoscopes Market |
| Historical data | 2015 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Endoscopes Market, Endoscopy Visualization Systems Market, Endoscopy Visualization Components Market, Operative Devices Market |
| Key market players worldwide | Stryker Corp, Boston Scientific Corp, Johnson & Johnson, FUJIFILM Holdings Corp, Conmed Corp |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.1% of the global gastrointestinal endoscopic devices market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, UAE gastrointestinal endoscopic devices market is projected to lead the regional market in terms of revenue in 2027.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 99.6 million by 2027.
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Gastrointestinal Endoscopic Devices Market Scope
Gastrointestinal Endoscopic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa gastrointestinal endoscopic 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 gastrointestinal endoscopic devices market will help companies and investors design strategic landscapes.
Endoscopy visualization systems market was the largest segment with a revenue share of 41.22% in 2020. Horizon Databook has segmented the South Africa gastrointestinal endoscopic devices market based on endoscopes market, endoscopy visualization systems market, endoscopy visualization components market, operative devices market covering the revenue growth of each sub-segment from 2015 to 2027.
Medical devices industry in this region is highly influenced by African National Congress (ANC) and government policies concerning National Health Insurance (NHI). Presence of companies such as Olympus Corporation, Fujifilm Holdings Corporation, HOYA Corporation, Advanced Sterilization Products Services, Inc., KARL STORZ GmbH & Co. KG, and Minntech Corporation provides this region with future growth opportunities.
In addition, growing private investments for development of new products are expected to drive the market over the forecast period. For instance, in July 2016, PENTAX Medical launched an HD video processor for gastrointestinal endoscopic imaging in MEA and Europe. Key players include Karl Storz, Fujifilm Holdings, and New Media Endoscopy (Pty) Ltd.
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Target buyers of South Africa gastrointestinal endoscopic devices market databook
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Our clientele includes a mix of gastrointestinal endoscopic devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa gastrointestinal endoscopic devices market, including forecasts for subscribers. This country databook contains high-level insights into South Africa gastrointestinal endoscopic devices market from 2015 to 2027, including revenue numbers, major trends, and company profiles.
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South Africa gastrointestinal endoscopic devices market size, by product, 2015-2027 (US$M)
South Africa Gastrointestinal Endoscopic Devices Market Share, 2020 & 2027 (US$M)
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