South Africa Sleep Apnea Devices Market Size & Outlook
South Africa sleep apnea devices market, 2018-2030 (US$M)
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South Africa sleep apnea devices market highlights
- The South Africa sleep apnea devices market generated a revenue of USD 3.8 million in 2023 and is expected to reach USD 5.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, therapeutic devices was the largest revenue generating product in 2023.
- Sleep Apnea Masks is the most lucrative product segment registering the fastest growth during the forecast period.
Sleep apnea devices market data book summary
| Market revenue in 2023 | USD 3.8 million |
| Market revenue in 2030 | USD 5.7 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutic devices |
| Fastest growing segment | Sleep Apnea Masks |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic Devices, Therapeutic Devices, Sleep Apnea Masks |
| Key market players worldwide | ResMed Inc, Koninklijke Philips NV, Fisher & Paykel Healthcare Corp Ltd, BMC Medical, Natus Medical, SOMNOmedics, ZOLL Medical Corporation, Nihon Kohden Corp, Curative Medical, React Health, Somnetics, Compumedics-alpha trace |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.1% of the global sleep apnea devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE sleep apnea devices 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 8.0 million by 2030.
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Sleep Apnea Devices Market Scope
Sleep Apnea Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa sleep apnea devices 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 sleep apnea devices market will help companies and investors design strategic landscapes.
Therapeutic devices was the largest segment with a revenue share of 81.58% in 2023. Horizon Databook has segmented the South Africa sleep apnea devices market based on diagnostic devices, therapeutic devices, sleep apnea masks covering the revenue growth of each sub-segment from 2018 to 2030.
In recent years, the number of people suffering from cardiovascular and respiratory diseases has increased in South Africa.
For instance, according to Institute for Health Metrics and Evaluation (IHME), in 2017, ischemic heart diseases and lower respiratory tract infections were the second & third leading causes of deaths in South Africa.
Heart disorders, respiratory diseases, diabetes, and other conditions, such as depression and Down syndrome, may cause sleep apnea.
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Our clientele includes a mix of sleep apnea devices 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 sleep apnea devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa sleep apnea devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa sleep apnea devices market size, by product, 2018-2030 (US$M)
South Africa Sleep Apnea Devices Market Outlook Share, 2023 & 2030 (US$M)
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