South Africa Intravenous Iron Drugs Market Size & Outlook
South Africa intravenous iron drugs market, 2018-2030 (US$M)
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South Africa intravenous iron drugs market highlights
- The South Africa intravenous iron drugs market generated a revenue of USD 12.9 million in 2023 and is expected to reach USD 29.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 12.3% from 2024 to 2030.
- In terms of segment, ferric carboxymaltose was the largest revenue generating product in 2023.
- Ferric Carboxymaltose is the most lucrative product segment registering the fastest growth during the forecast period.
Intravenous iron drugs market data book summary
| Market revenue in 2023 | USD 12.9 million |
| Market revenue in 2030 | USD 29.0 million |
| Growth rate | 12.3% (CAGR from 2023 to 2030) |
| Largest segment | Ferric carboxymaltose |
| Fastest growing segment | Ferric Carboxymaltose |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iron Dextran, Iron Sucrose, Ferric Carboxymaltose |
| Key market players worldwide | AbbVie Inc, Civitas Resources Inc Ordinary Shares, Daiichi Sankyo Co Ltd, Sanofi SA, CSL Ltd, COSMOS Pharmaceutical Corp, Zydus Lifesciences, Rockwell Medical Inc |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.4% of the global intravenous iron drugs market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia intravenous iron drugs market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 33.3 million by 2030.
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Intravenous Iron Drugs Market Scope
Intravenous Iron Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa intravenous iron drugs 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 intravenous iron drugs market will help companies and investors design strategic landscapes.
Ferric carboxymaltose was the largest segment with a revenue share of 49.61% in 2023. Horizon Databook has segmented the South Africa intravenous iron drugs market based on iron dextran, iron sucrose, ferric carboxymaltose covering the revenue growth of each sub-segment from 2018 to 2030.
Rising number of government initiatives intended to boost awareness among locals is expected to bolster market growth in the region. For instance, the standard treatment guidelines and essential medicines list are released by the Health Republic of South Africa.
However, the healthcare expenditure of the country is very low and most of the tests & procedures are inaccessible to the majority of the population. Based on an article published in March 2022, the prevalence of anemia in parts of Africa was 65.62% in west and in east Africa it was 54.83%.
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Our clientele includes a mix of intravenous iron drugs 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 intravenous iron drugs market , including forecasts for subscribers. This country databook contains high-level insights into South Africa intravenous iron drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa intravenous iron drugs market size, by product, 2018-2030 (US$M)
South Africa Intravenous Iron Drugs Market Outlook Share, 2023 & 2030 (US$M)
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