South Africa Neuromodulation Devices Market Size & Outlook
South Africa neuromodulation devices market, 2018-2030 (US$M)
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South Africa neuromodulation devices market highlights
- The South Africa neuromodulation devices market generated a revenue of USD 24.6 million in 2022 and is expected to reach USD 30.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 2.8% from 2023 to 2030.
- In terms of segment, spinal cord stimulators was the largest revenue generating product in 2022.
- Deep Brain Stimulators is the most lucrative product segment registering the fastest growth during the forecast period.
Neuromodulation devices market data book summary
| Market revenue in 2022 | USD 24.6 million |
| Market revenue in 2030 | USD 30.6 million |
| Growth rate | 2.8% (CAGR from 2022 to 2030) |
| Largest segment | Spinal cord stimulators |
| Fastest growing segment | Deep Brain Stimulators |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Nerve Stimulators, Vagus Nerve Stimulators, Transcranial Magnetic Stimulators |
| Key market players worldwide | Boston Scientific Corp, Abbott Laboratories, Nevro Corp, Neuronetics Inc, Medtronic PLC |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global neuromodulation devices 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 neuromodulation devices 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 30.6 million by 2030.
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Neuromodulation Devices Market Scope
Neuromodulation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa neuromodulation devices 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 neuromodulation devices market will help companies and investors design strategic landscapes.
Spinal cord stimulators was the largest segment with a revenue share of 41.06% in 2022. Horizon Databook has segmented the South Africa neuromodulation devices market based on spinal cord stimulators, deep brain stimulators, sacral nerve stimulators, vagus nerve stimulators, transcranial magnetic stimulators covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of neuromodulation devices 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 neuromodulation devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa neuromodulation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa neuromodulation devices market size, by product, 2018-2030 (US$M)
South Africa Neuromodulation Devices Market Outlook Share, 2022 & 2030 (US$M)
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