South Africa Medical Simulation Market Size & Outlook
South Africa medical simulation market, 2018-2030 (US$M)
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South Africa medical simulation market highlights
- The South Africa medical simulation market generated a revenue of USD 36.0 million in 2023 and is expected to reach USD 114.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 18% from 2024 to 2030.
- In terms of segment, healthcare anatomical models was the largest revenue generating healthcare simulation in 2023.
- Healthcare Simulation Software is the most lucrative healthcare simulation segment registering the fastest growth during the forecast period.
Medical simulation market data book summary
| Market revenue in 2023 | USD 36.0 million |
| Market revenue in 2030 | USD 114.7 million |
| Growth rate | 18% (CAGR from 2023 to 2030) |
| Largest segment | Healthcare anatomical models |
| Fastest growing segment | Healthcare Simulation Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Healthcare Anatomical Models, Web Based Simulators, Simulation Training Services, Healthcare Simulation Software |
| Key market players worldwide | CAE Inc, Laerdal Medical, 3D Systems Corp, Shimadzu Corp, Surgical Science Sweden AB, Limbs & Things, Simulaids, Gaumard Scientific, Mentice, Simulab Corporation |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.2% of the global medical simulation 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 medical simulation 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 114.7 million by 2030.
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Medical Simulation Market Scope
Medical Simulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa medical simulation 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 medical simulation market will help companies and investors design strategic landscapes.
Healthcare anatomical models was the largest segment with a revenue share of 98.61% in 2023. Horizon Databook has segmented the South Africa medical simulation market based on healthcare anatomical models, web based simulators, simulation training services, healthcare simulation software covering the revenue growth of each sub-segment from 2018 to 2030.
Growing awareness regarding healthcare simulation techniques used for prevention of medical errors and increasing adoption of such simulation in the country are likely to witness growth opportunities. In September 2016, Sunskill simulation laboratory was opened.
South Africa healthcare industry is one of the most dynamic sectors across the globe. Presently, the public sector offers healthcare for 80% of the population, while the private sector provides health care for 20% of the population.
Furthermore, companies are looking to enter the country in different ways. For instance, in February 2020, during Hannes Meyer Registrar Symposium 2018, Califia patient simulator from Biomed Simulation, Inc. played an important role in the education of surgeons and perfusionists.
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Our clientele includes a mix of medical simulation 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 medical simulation market , including forecasts for subscribers. This country databook contains high-level insights into South Africa medical simulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa medical simulation market size, by healthcare simulation, 2018-2030 (US$M)
South Africa Medical Simulation Market Outlook Share, 2023 & 2030 (US$M)
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