South Africa Inhalation Anesthesia Market Size & Outlook
South Africa inhalation anesthesia market, 2018-2030 (US$M)
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South Africa inhalation anesthesia market highlights
- The South Africa inhalation anesthesia market generated a revenue of USD 8.5 million in 2022 and is expected to reach USD 17.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.7% from 2023 to 2030.
- In terms of segment, sevoflurane was the largest revenue generating drug in 2022.
- Isoflurane is the most lucrative drug segment registering the fastest growth during the forecast period.
Inhalation anesthesia market data book summary
| Market revenue in 2022 | USD 8.5 million |
| Market revenue in 2030 | USD 17.9 million |
| Growth rate | 9.7% (CAGR from 2022 to 2030) |
| Largest segment | Sevoflurane |
| Fastest growing segment | Isoflurane |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sevoflurane, Desflurane, Isoflurane, Halothane |
| Key market players worldwide | Baxter International Inc, AbbVie Inc, Fresenius SE & Co KGaA, Sandoz Group AG ADR, Piramal Enterprises, Halocarbon Products Corporation, Lunan Pharmaceutical Group |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.7% of the global inhalation anesthesia market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa inhalation anesthesia 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 17.9 million by 2030.
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Inhalation Anesthesia Market Scope
Inhalation Anesthesia Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa inhalation anesthesia 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 inhalation anesthesia market will help companies and investors design strategic landscapes.
Sevoflurane was the largest segment with a revenue share of 63.53% in 2024. Horizon Databook has segmented the South Africa inhalation anesthesia market based on sevoflurane, desflurane, isoflurane, halothane covering the revenue growth of each sub-segment from 2018 to 2030.
The market is driven by the growing number of surgical procedures requiring general anesthesia, particularly with rising incidences of Noncommunicable Diseases (NCDs), such as cancer and cardiovascular conditions. In addition, the increasing need for anesthetic solutions in rural areas.
Government-led initiatives to improve healthcare access, creates opportunities for market players. The country also benefits from a growing medical tourism sector, as patients from neighboring African countries seek care in South African facilities.
Key players can capitalize on opportunities in underserved areas and invest in cost-effective solutions tailored to both private and public healthcare needs.
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Target buyers of South Africa inhalation anesthesia market databook
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Our clientele includes a mix of inhalation anesthesia 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa inhalation anesthesia market , including forecasts for subscribers. This country databook contains high-level insights into South Africa inhalation anesthesia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa inhalation anesthesia market size, by drug, 2018-2030 (US$M)
South Africa Inhalation Anesthesia Market Outlook Share, 2024 & 2030 (US$M)
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