South Africa Pelvic Floor Electric Stimulator Market Size & Outlook
South Africa pelvic floor electric stimulator market, 2018-2030 (US$M)
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South Africa pelvic floor electric stimulator market highlights
- The South Africa pelvic floor electric stimulator market generated a revenue of USD 1.9 million in 2023 and is expected to reach USD 4.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, urinary incontinence was the largest revenue generating application in 2023.
- Sexual Dysfunction is the most lucrative application segment registering the fastest growth during the forecast period.
Pelvic floor electric stimulator market data book summary
| Market revenue in 2023 | USD 1.9 million |
| Market revenue in 2030 | USD 4.3 million |
| Growth rate | 12.4% (CAGR from 2023 to 2030) |
| Largest segment | Urinary incontinence |
| Fastest growing segment | Sexual Dysfunction |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Urinary Incontinence, Neurodegenerative Disorders, Sexual Dysfunction |
| Key market players worldwide | Zynex Inc, Verity Medical, InControl Medical, The Prometheus Group, Laborie Medical Technologies, Athena Feminine Technologies, INNOVO by Atlantic Therapeutics, Renovia |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global pelvic floor electric stimulator 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 pelvic floor electric stimulator 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 4.3 million by 2030.
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Pelvic Floor Electric Stimulator Market Scope
Pelvic Floor Electric Stimulator Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa pelvic floor electric stimulator 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 pelvic floor electric stimulator market will help companies and investors design strategic landscapes.
Urinary incontinence was the largest segment with a revenue share of 89.47% in 2023. Horizon Databook has segmented the South Africa pelvic floor electric stimulator market based on urinary incontinence, neurodegenerative disorders, sexual dysfunction covering the revenue growth of each sub-segment from 2018 to 2030.
According to a report by the South African Medical Research Council published in March 2021, the country is well-positioned to expand its medical device manufacturing. However, major barriers, such as low R&D investments and fragmented industry, are limiting the market growth in the country.
The economic condition in South Africa is not completely stable, therefore, major healthcare systems are working on generating funds and promoting government initiatives. South Africa has the highest incidence of hypertension and has the largest number of people suffering from resistant hypertension.
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Our clientele includes a mix of pelvic floor electric stimulator 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 pelvic floor electric stimulator market , including forecasts for subscribers. This country databook contains high-level insights into South Africa pelvic floor electric stimulator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa pelvic floor electric stimulator market size, by application, 2018-2030 (US$M)
South Africa Pelvic Floor Electric Stimulator Market Outlook Share, 2023 & 2030 (US$M)
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