South Africa Ostomy Care And Accessories Market Size & Outlook
South Africa ostomy care and accessories market, 2018-2030 (US$M)
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South Africa ostomy care and accessories market highlights
- The South Africa ostomy care and accessories market generated a revenue of USD 59.7 million in 2023 and is expected to reach USD 94.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, bags was the largest revenue generating product in 2023.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Ostomy care and accessories market data book summary
| Market revenue in 2023 | USD 59.7 million |
| Market revenue in 2030 | USD 94.7 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Bags |
| Fastest growing segment | Accessories |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bags, Accessories |
| Key market players worldwide | Coloplast A/S ADR, ConvaTec Group PLC, Hollister, Marlen Manufacturing and Development Co., Nu-Hope Laboratories, Perfect Choice Medical Technologies, Safe N Simple, AdvaCare Pharma, CyMed, Eakin Healthcare Group, Alcare Diagnostics & Research Center |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.6% of the global ostomy care and accessories market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia ostomy care and accessories 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 94.7 million by 2030.
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Ostomy Care And Accessories Market Scope
Ostomy Care And Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa ostomy care and accessories 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 ostomy care and accessories market will help companies and investors design strategic landscapes.
Bags was the largest segment with a revenue share of 85.43% in 2023. Horizon Databook has segmented the South Africa ostomy care and accessories market based on bags, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Despite economic challenges, the healthcare industry in the country is growing at a significant rate. Presence of organizations such as the South African Stomal therapy Association in South Africa aids in increasing awareness and maintaining optimum care of individuals with incontinence, ostomies, and draining wounds.
Moreover, according to The Cancer Association of South Africa, every 1 in 152 men in South Africa are being diagnosed with bladder cancer. In addition, the number of people suffering from bladder cancer is expected to increase from 1,763 in 2018 to 2,114 in 2025.
Thus, increasing government healthcare spending, rising awareness about ostomy care, and growing prevalence of bladder cancer are expected to fuel the growth of the market in South Africa during the forecast period.
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Our clientele includes a mix of ostomy care and accessories 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 ostomy care and accessories market , including forecasts for subscribers. This country databook contains high-level insights into South Africa ostomy care and accessories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa ostomy care and accessories market size, by product, 2018-2030 (US$M)
South Africa Ostomy Care And Accessories Market Outlook Share, 2023 & 2030 (US$M)
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