South Africa Regenerative Medicine Market Size & Outlook
South Africa regenerative medicine market, 2018-2030 (US$M)
Related Markets
South Africa regenerative medicine market highlights
- The South Africa regenerative medicine market generated a revenue of USD 45.1 million in 2023 and is expected to reach USD 82.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, therapeutics was the largest revenue generating product in 2023.
- Banks is the most lucrative product segment registering the fastest growth during the forecast period.
Regenerative medicine market data book summary
| Market revenue in 2023 | USD 45.1 million |
| Market revenue in 2030 | USD 82.8 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutics |
| Fastest growing segment | Banks |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Therapeutics, Tools, Banks, Services |
| Key market players worldwide | AstraZeneca PLC, Roche Holding AG, Integra Lifesciences Holdings Corp, Astellas Pharma Inc, Cook Group, Bayer AG, Pfizer Inc, Merck KGaA, Abbott Laboratories, Vericel Corp, Novartis AG ADR, GlaxoSmithKline |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.1% of the global regenerative medicine 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 regenerative medicine 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 85.7 million by 2030.
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Regenerative Medicine Market Scope
Regenerative Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa regenerative medicine 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 regenerative medicine market will help companies and investors design strategic landscapes.
Therapeutics was the largest segment with a revenue share of 76.72% in 2023. Horizon Databook has segmented the South Africa regenerative medicine market based on therapeutics, tools, banks, services covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is expected to witness growth in the regenerative medicine market. The South African government is undertaking major initiatives to encourage the development of the biotechnology sector in the country. The Department of Science and Technology, which was founded by the South African government, is responsible for fostering and assisting in R&D in the biotechnology field.
Some key players operating in the regenerative medicine market in South Africa are Cape Bio Pharms, Prodigy Biotech, and Biotech Laboratories. These companies are focused on developing advanced gene therapy solutions for managing life-threatening conditions. Furthermore, collaborations allow companies to access specialized expertise and resources, which helps them strengthen their market share.
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Target buyers of South Africa regenerative medicine market databook
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Our clientele includes a mix of regenerative medicine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa regenerative medicine market , including forecasts for subscribers. This country databook contains high-level insights into South Africa regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa regenerative medicine market size, by product, 2018-2030 (US$M)
South Africa Regenerative Medicine Market Outlook Share, 2023 & 2030 (US$M)
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