South Africa Smart Orthopedic Implants Market Size & Outlook
The smart orthopedic implants market in South Africa is expected to reach a projected revenue of US$ 554.6 million by 2030. A compound annual growth rate of 5.5% is expected of South Africa smart orthopedic implants market from 2023 to 2030.
Revenue, 2022 (US$M)
$360.8
Forecast, 2030 (US$M)
$554.6
CAGR, 2023 - 2030
5.5%
Report Coverage
South Africa
South Africa smart orthopedic implants market, 2018-2030 (US$M)
Related Markets
South Africa smart orthopedic implants market highlights
- The South Africa smart orthopedic implants market generated a revenue of USD 360.8 million in 2022 and is expected to reach USD 554.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
- In terms of segment, knee was the largest revenue generating application in 2022.
- Hip is the most lucrative application segment registering the fastest growth during the forecast period.
Smart orthopedic implants market data book summary
| Market revenue in 2022 | USD 360.8 million |
| Market revenue in 2030 | USD 554.6 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Knee |
| Fastest growing segment | Hip |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Knee, Hip |
| Key market players worldwide | Zimmer Biomet Holdings Inc, Stryker Corp |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.5% of the global smart orthopedic implants market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa smart orthopedic implants 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 219.4 million by 2030.
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Smart Orthopedic Implants Market Scope
Smart orthopedic implants market segmentation & scope
Smart Orthopedic Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa smart orthopedic implants 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 smart orthopedic implants market will help companies and investors design strategic landscapes.
Knee was the largest segment with a revenue share of 47.09% in 2022. Horizon Databook has segmented the South Africa smart orthopedic implants market based on knee, hip covering the revenue growth of each sub-segment from 2018 to 2030.
- South Africa Smart Orthopedic Implants Application Outlook (Revenue, USD Million, 2018-2030)
- Knee
- Hip
- Others
- South Africa Smart Orthopedic Implants Component Outlook (Revenue, USD Million, 2018-2030)
- Implants
- Electronic Components
- South Africa Smart Orthopedic Implants Procedure Outlook (Revenue, USD Million, 2018-2030)
- Total Replacement
- Partial Replacement
- Others
- South Africa Smart Orthopedic Implants End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Others (ASCs, Research Institutes)
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Our clientele includes a mix of smart orthopedic implants 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 smart orthopedic implants market , including forecasts for subscribers. This country databook contains high-level insights into South Africa smart orthopedic implants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa smart orthopedic implants market size, by application, 2018-2030 (US$M)
South Africa Smart Orthopedic Implants Market Outlook Share, 2022 & 2030 (US$M)
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