South Africa Kyphoplasty Market Size & Outlook, 2022-2030
South Africa kyphoplasty market, 2018-2030 (US$M)
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South Africa kyphoplasty market highlights
- The South Africa kyphoplasty market generated a revenue of USD 2.3 million in 2022 and is expected to reach USD 3.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
- In terms of segment, bone access devices was the largest revenue generating product in 2022.
- Balloon Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Kyphoplasty market data book summary
| Market revenue in 2022 | USD 2.3 million |
| Market revenue in 2030 | USD 3.6 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Bone access devices |
| Fastest growing segment | Balloon Catheters |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Balloon Catheters, Bone Access Devices, Cement Application Products, Instruments |
| Key market players worldwide | Stryker Corp, Medtronic PLC, Smith & Nephew PLC, MicroPort Scientific Corp, Johnson & Johnson, Halma PLC, CareFusion, Merit Medical Systems Inc, iMedicom, Seawon Meditech, Joline, G21, Joimax |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.4% of the global kyphoplasty 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 kyphoplasty 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 3.6 million by 2030.
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Kyphoplasty Market Scope
Kyphoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa kyphoplasty 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 kyphoplasty market will help companies and investors design strategic landscapes.
Bone access devices was the largest segment with a revenue share of 43.48% in 2022. Horizon Databook has segmented the South Africa kyphoplasty market based on balloon catheters, bone access devices, cement application products, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa’s kyphoplasty market is expected to witness a lucrative growth over the forecast period. This can be attributed to rising awareness about chronic low back pain or spine pain.
According to South African Spine Society (SASS) guidelines, pathologic conditions that may result in pain arising from sacroiliac joint are inflammatory & degenerative arthritis, post-traumatic arthritis, joint degeneration related to previous lumbar spinal fusion, and others.
South African Spine Society says traditional care for treatment of pain arising from sacroiliac joint fusion begins with physical therapy and activity modification followed by alternative treatment with analgesic medication, including sacroiliac support belts and manual medicines.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa kyphoplasty market , including forecasts for subscribers. This country databook contains high-level insights into South Africa kyphoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa kyphoplasty market size, by product, 2018-2030 (US$M)
South Africa Kyphoplasty Market Outlook Share, 2022 & 2030 (US$M)
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