South Africa Intravenous Solutions Market Size & Outlook
South Africa intravenous solutions market, 2018-2030 (US$M)
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South Africa intravenous solutions market highlights
- The South Africa intravenous solutions market generated a revenue of USD 166.7 million in 2023 and is expected to reach USD 251.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, total parenteral nutrition was the largest revenue generating product in 2023.
- Total Parenteral Nutrition is the most lucrative product segment registering the fastest growth during the forecast period.
Intravenous solutions market data book summary
| Market revenue in 2023 | USD 166.7 million |
| Market revenue in 2030 | USD 251.8 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Total parenteral nutrition |
| Fastest growing segment | Total Parenteral Nutrition |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Total Parenteral Nutrition, Peripheral Parenteral Nutrition |
| Key market players worldwide | Fresenius SE & Co KGaA, Fresenius Kabi, Pfizer Inc, Otsuka Pharmaceutical, Baxter International Inc, B. Braun, JW Life Sciences, CSL Ltd |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.3% of the global intravenous solutions 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 intravenous solutions 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 251.8 million by 2030.
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Intravenous Solutions Market Scope
Intravenous Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa intravenous solutions 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 solutions market will help companies and investors design strategic landscapes.
Total parenteral nutrition was the largest segment with a revenue share of 65.75% in 2023. Horizon Databook has segmented the South Africa intravenous solutions market based on total parenteral nutrition, peripheral parenteral nutrition covering the revenue growth of each sub-segment from 2018 to 2030.
On the basis of present economic conditions, South Africa has both the characteristics of a developed and a developing country. Despite economic challenges in the country, the healthcare industry is growing.
The increasing prevalence of diseases like HIV, ischemic heart diseases, & neurological diseases, and the growing awareness about home healthcare & long-term care owing to the introduction of technologically advanced medical devices to facilitate the provision of such services are contributing to the market growth in the country.
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Target buyers of South Africa intravenous solutions market databook
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Our clientele includes a mix of intravenous solutions market companies, investment firms, advisory firms & academic institutions.
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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 intravenous solutions market , including forecasts for subscribers. This country databook contains high-level insights into South Africa intravenous solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa intravenous solutions market size, by product, 2018-2030 (US$M)
South Africa Intravenous Solutions Market Outlook Share, 2023 & 2030 (US$M)
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