South Africa Intrathecal Pumps Market Size & Outlook
South Africa intrathecal pumps market, 2017-2030 (US$M)
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South Africa intrathecal pumps market highlights
- The South Africa intrathecal pumps market generated a revenue of USD 1.7 million in 2022 and is expected to reach USD 2.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
- In terms of segment, morphine was the largest revenue generating type in 2022.
- Bupivacaine is the most lucrative type segment registering the fastest growth during the forecast period.
Intrathecal pumps market data book summary
| Market revenue in 2022 | USD 1.7 million |
| Market revenue in 2030 | USD 2.8 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Morphine |
| Fastest growing segment | Bupivacaine |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Baclofen, Bupivacaine, Clonidine, Morphine, Ziconotide |
| Key market players worldwide | Medtronic PLC, Smiths Group PLC, Teleflex Inc, Johnson & Johnson, Medallion Therapeutics, Tricumed Medical Technology, Arrow International Inc, Flowonix |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global intrathecal pumps 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 intrathecal pumps market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4.6 million by 2030.
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Intrathecal Pumps Market Scope
Intrathecal Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa intrathecal pumps 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 intrathecal pumps market will help companies and investors design strategic landscapes.
Morphine was the largest segment with a revenue share of 35.29% in 2022. Horizon Databook has segmented the South Africa intrathecal pumps market based on baclofen, bupivacaine, clonidine, morphine, ziconotide covering the revenue growth of each sub-segment from 2017 to 2030.
According to World Bank, South Africa spent 9% of its GDP on healthcare in 2018. The organizations are undertaking agreements to increase access to cancer treatment by lowering prices, as a result of rapidly growing burden of the disease.
In June 2020, the American Cancer Society (ACS) and the Clinton Health Access Initiative (CHAI), together with pharma companies Pfizer, Novartis, and Mylan, are working to expand access to cancer treatments in the country. Furthermore, increasing investment by government agencies and private investors is expected to significantly boost the intrathecal pumps market growth.
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Our clientele includes a mix of intrathecal pumps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa intrathecal pumps market, including forecasts for subscribers. This country databook contains high-level insights into South Africa intrathecal pumps market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa intrathecal pumps market size, by type, 2017-2030 (US$M)
South Africa Intrathecal Pumps Market Share, 2022 & 2030 (US$M)
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