South Africa Prostate Cancer Diagnostics Market Size & Outlook
South Africa prostate cancer diagnostics market, 2018-2030 (US$M)
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South Africa prostate cancer diagnostics market highlights
- The South Africa prostate cancer diagnostics market generated a revenue of USD 30.0 million in 2023 and is expected to reach USD 39.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- Home Care is the most lucrative end use segment registering the fastest growth during the forecast period.
Prostate cancer diagnostics market data book summary
| Market revenue in 2023 | USD 30.0 million |
| Market revenue in 2030 | USD 39.2 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Home Care |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Home Care, Research & Manufacturing |
| Key market players worldwide | MDxHealth SA, Myriad Genetics Inc, Abbott Laboratories, Roche Holding AG, Bayer AG, Siemens Healthineers AG ADR, OPKO Health Inc, Exact Sciences Corp, Pfizer Inc |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.4% of the global prostate cancer diagnostics 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 prostate cancer diagnostics 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 39.2 million by 2030.
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Prostate Cancer Diagnostics Market Scope
Prostate Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa prostate cancer diagnostics 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 prostate cancer diagnostics market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 65.67% in 2023. Horizon Databook has segmented the South Africa prostate cancer diagnostics market based on hospitals, outpatient facilities, home care, research & manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
As per Prescribed Minimum Benefits (PMBs) under the Medical Schemes Act 131, 1998, with the conflicted perspective of PSA screening; the Council of Medical Scheme recommended medically informed patient-based screening with more than 10 years of life expectancy.
With a first-degree family history of prostate or breast cancer at the age of 40+ Men at the age of 50 or above Patients with a history of Lower Urinary Tract Symptoms (LUTS) or clinical suspicion of the disease irrespective of age The strategy of risk adopted is based on the outcome of PSA level and Digital Rectal Examination (DRE) should be performed at least at an interval of 2 years.
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Our clientele includes a mix of prostate cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa prostate cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa prostate cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa prostate cancer diagnostics market size, by end use, 2018-2030 (US$M)
South Africa Prostate Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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