South Africa Procedure Trays Market Size & Outlook
The procedure trays market in South Africa is expected to reach a projected revenue of US$ 196.3 million by 2030. A compound annual growth rate of 6.8% is expected of South Africa procedure trays market from 2024 to 2030.
Revenue, 2023 (US$M)
$124.1
Forecast, 2030 (US$M)
$196.3
CAGR, 2024 - 2030
6.8%
Report Coverage
South Africa
Related Markets
South Africa procedure trays market highlights
- The South Africa procedure trays market generated a revenue of USD 124.1 million in 2023 and is expected to reach USD 196.3 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, or was the largest revenue generating product in 2023.
- OR is the most lucrative product segment registering the fastest growth during the forecast period.
Procedure trays market data book summary
| Market revenue in 2023 | USD 124.1 million |
| Market revenue in 2030 | USD 196.3 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Or |
| Fastest growing segment | OR |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OR, Angiography, Ophthalmic |
| Key market players worldwide | Owens & Minor Inc, Cardinal Health Inc, 3M Co, Teleflex Inc, B. Braun, BD, Merit Medical Systems Inc, Mölnlycke Health Care, Hartmann Holdings, Medtronic PLC, CPT Medical |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global procedure trays 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 procedure trays market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 175.4 million by 2030.
Or was the largest segment with a revenue share of 58.1% in 2023. Horizon Databook has segmented the South Africa procedure trays market based on or, angiography, ophthalmic covering the revenue growth of each sub-segment from 2017 to 2030.
South Africa held the highest market share in the Middle East and Africa in 2018. The government has been adopting measures to improve healthcare facilities. The South Africa’s government allocates 11% of the resources to the healthcare sector as a share of the total government expenditure.
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Procedure Trays Market Scope
Procedure trays market segmentation & scope
Procedure Trays Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CPT Medical | View profile | 51-100 | Greenville, South Carolina, United States, North America | https://cptmed.com |
| Merit Medical Systems Inc | View profile | 6950 | 1600 West Merit Parkway, South Jordan, UT, United States, 84095 | https://www.merit.com |
| Owens & Minor Inc | View profile | 13700 | 9120 Lockwood Boulevard, Mechanicsville, VA, United States, 23116 | https://www.owens-minor.com |
| Mölnlycke Health Care | View profile | 11-50 | Budapest, Budapest, Hungary, Europe | https://www.molnlycke.hu |
| Hartmann Holdings | View profile | - | Moscow, Moscow City, Russian Federation, Europe | https://www.hartmannholdings.com |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | https://www.bd.com |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Cardinal Health Inc | View profile | 48000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | https://www.cardinalhealth.com |
| Teleflex Inc | View profile | 14500 | 550 East Swedesford Road, Suite 400, Wayne, PA, United States, 19087 | https://www.teleflex.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
South Africa procedure trays market size, by product, 2017-2030 (US$M)
South Africa Procedure Trays Market Outlook Share, 2023 & 2030 (US$M)
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