South Africa Orthopedic Soft Tissue Repair Market Size & Outlook
South Africa orthopedic soft tissue repair market, 2018-2030 (US$M)
Related Markets
South Africa orthopedic soft tissue repair market highlights
- The South Africa orthopedic soft tissue repair market generated a revenue of USD 38.5 million in 2023 and is expected to reach USD 71.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, cruciate ligaments repair was the largest revenue generating application in 2023.
- Cruciate Ligaments Repair is the most lucrative application segment registering the fastest growth during the forecast period.
Orthopedic soft tissue repair market data book summary
| Market revenue in 2023 | USD 38.5 million |
| Market revenue in 2030 | USD 71.3 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Cruciate ligaments repair |
| Fastest growing segment | Cruciate Ligaments Repair |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rotator Cuff Repair, Epicondylitis, Achilles Tendinosis Repair, Pelvic Organ Prolapse, Gluteal Tendon Repair, Cruciate Ligaments Repair, Hip Arthroscopy, Biceps Tenodesis |
| Key market players worldwide | Integra Lifesciences Holdings Corp, Arthrex, Smith & Nephew PLC, DePuy Synthes, Stryker Corp, Conmed Corp, Zimmer Biomet Holdings Inc, Boston Scientific Corp, B. Braun, Wright Medical Group |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global orthopedic soft tissue repair 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 orthopedic soft tissue repair market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 42.2 million by 2030.
Cruciate ligaments repair was the largest segment with a revenue share of 40% in 2023. Horizon Databook has segmented the South Africa orthopedic soft tissue repair market based on rotator cuff repair, epicondylitis, achilles tendinosis repair, pelvic organ prolapse, gluteal tendon repair, cruciate ligaments repair, hip arthroscopy, biceps tenodesis covering the revenue growth of each sub-segment from 2018 to 2030.
Incidence of road accidents is high in South Africa. According to World Health Rankings, South Africa is one of the leading countries with deaths caused due to road accidents. For instance, in 2018, the rate of deaths by road accidents was 22.44. Thus, increase in number of road accidents contributes to soft tissue injuries.
Whiplash is the most common injury in the country, which involves forceful movement of the neck, resulting in soft tissue damage. Hence, the demand for orthopedic soft tissue repair products is significantly high in South Africa. In addition, rise in geriatric population is expected to positively impact growth of the orthopedic soft tissue repair market.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Orthopedic Soft Tissue Repair Market Scope
Orthopedic Soft Tissue Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa orthopedic soft tissue repair market size, by application, 2018-2030 (US$M)
South Africa Orthopedic Soft Tissue Repair Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
