South Africa Intracranial Pressure Monitoring Devices Market Size & Outlook
South Africa intracranial pressure monitoring devices market, 2018-2030 (US$M)
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South Africa intracranial pressure monitoring devices market highlights
- The South Africa intracranial pressure monitoring devices market generated a revenue of USD 21.4 million in 2023 and is expected to reach USD 39.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, invasive was the largest revenue generating technique in 2023.
- Non-invasive is the most lucrative technique segment registering the fastest growth during the forecast period.
Intracranial pressure monitoring devices market data book summary
| Market revenue in 2023 | USD 21.4 million |
| Market revenue in 2030 | USD 39.9 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Invasive |
| Fastest growing segment | Non-invasive |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Invasive, Non-invasive |
| Key market players worldwide | Medtronic PLC, Integra LifeSciences, Raumedic AG, Sophysa, Spiegelberg, Natus Medical, NovaSignal |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.3% of the global intracranial pressure monitoring devices 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 intracranial pressure monitoring 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 39.9 million by 2030.
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Intracranial Pressure Monitoring Devices Market Scope
Intracranial Pressure Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa intracranial pressure monitoring 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 intracranial pressure monitoring devices market will help companies and investors design strategic landscapes.
Invasive was the largest segment with a revenue share of 81.78% in 2023. Horizon Databook has segmented the South Africa intracranial pressure monitoring devices market based on invasive, non-invasive covering the revenue growth of each sub-segment from 2018 to 2030.
The South African intracranial pressure monitoring devices market is anticipated to witness considerable growth at the fastest CAGR of 8.5% over the forecast period. Increasing healthcare expenditure and rising adoption of advanced healthcare facilities are among the major factors expected to drive the market.
According to an article published by Economist Intelligence Unit Limited in 2018, the South African government increased healthcare expenditure by 9.7% over the previous year. Such factors are expected to create opportunities in the country, which may encourage new and key players to enter the local market.
African Stroke Organization is a pan-African alliance that collaborates with stroke researchers, clinicians, and other healthcare professionals to address the increasing incidence of stroke. Such initiatives and research efforts are anticipated to boost the local market.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa intracranial pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa intracranial pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa intracranial pressure monitoring devices market size, by technique, 2018-2030 (US$M)
South Africa Intracranial Pressure Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
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