South Africa Steerable Sheaths Market Size & Outlook
South Africa steerable sheaths market, 2018-2030 (US$M)
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South Africa steerable sheaths market highlights
- The South Africa steerable sheaths market generated a revenue of USD 9.1 million in 2023 and is expected to reach USD 12.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, single-use steerable sheaths was the largest revenue generating type in 2023.
- Single-use Steerable Sheaths is the most lucrative type segment registering the fastest growth during the forecast period.
Steerable sheaths market data book summary
| Market revenue in 2023 | USD 9.1 million |
| Market revenue in 2030 | USD 12.8 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Single-use steerable sheaths |
| Fastest growing segment | Single-use Steerable Sheaths |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single-use Steerable Sheaths, Reprocessed Steerable Sheaths |
| Key market players worldwide | Medtronic PLC, Boston Scientific Corp, Abbott Laboratories, Stryker Corp, Teleflex Inc, Johnson & Johnson, Integer Holdings Corp, Merit Medical Systems Inc, Terumo Corp, Oscar Health Inc Class A |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.1% of the global steerable sheaths 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 steerable sheaths market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5.4 million by 2030.
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Steerable Sheaths Market Scope
Steerable Sheaths Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa steerable sheaths 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 steerable sheaths market will help companies and investors design strategic landscapes.
Single-use steerable sheaths was the largest segment with a revenue share of 96.7% in 2023. Horizon Databook has segmented the South Africa steerable sheaths market based on single-use steerable sheaths, reprocessed steerable sheaths covering the revenue growth of each sub-segment from 2018 to 2030.
The incidence of coronary artery diseases, ischemic heart disease, and vascular disease is on the rise in Africa. This has led to an increased awareness of the importance of prompt treatment and the use of new medical devices.
Technological advancements have also contributed to the growth of the healthcare industry in the region. In addition, there is a growing interest in minimally invasive surgery, and favorable reimbursement policies are further driving the market forward.
Hypertension is the single most significant risk factor for CVD in the country. One in every three South African individuals has hypertension, and around 10% of the population over the age of 15 is prehypertensive.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa steerable sheaths market , including forecasts for subscribers. This country databook contains high-level insights into South Africa steerable sheaths market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa steerable sheaths market size, by type, 2018-2030 (US$M)
South Africa Steerable Sheaths Market Outlook Share, 2023 & 2030 (US$M)
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