South Africa Sterilization Equipment Market Size & Outlook
South Africa sterilization equipment market, 2018-2030 (US$M)
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South Africa sterilization equipment market highlights
- The South Africa sterilization equipment market generated a revenue of USD 110.0 million in 2023 and is expected to reach USD 216.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, low-temperature sterilizers was the largest revenue generating product in 2023.
- Low-temperature sterilizers is the most lucrative product segment registering the fastest growth during the forecast period.
Sterilization equipment market data book summary
| Market revenue in 2023 | USD 110.0 million |
| Market revenue in 2030 | USD 216.4 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Low-temperature sterilizers |
| Fastest growing segment | Low-temperature sterilizers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heat sterilizers, Low-temperature sterilizers, Sterile membrane filters, Radiation Sterilization Devices |
| Key market players worldwide | Steris PLC, Sotera Health Co Ordinary Shares, Cantel Medical, Fortive Corp, E-BEAM Services |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.4% of the global sterilization equipment 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 sterilization equipment 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 204.8 million by 2030.
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Sterilization Equipment Market Scope
Sterilization Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa sterilization equipment 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 sterilization equipment market will help companies and investors design strategic landscapes.
Low-temperature sterilizers was the largest segment with a revenue share of 32.18% in 2023. Horizon Databook has segmented the South Africa sterilization equipment market based on heat sterilizers, low-temperature sterilizers, sterile membrane filters, radiation sterilization devices covering the revenue growth of each sub-segment from 2018 to 2030.
According to a study published by FIND, a nonprofit organization working to develop, evaluate, and deliver high-quality affordable diagnostics, diabetes (6%) and heart disease (5%) are the top causes of death in South Africa.
According to Council for Medical Schemes, in 2022, the national health expenditure increased by 9.2%. Thus, rising prevalence of chronic diseases and increasing healthcare expenditure are among factors expected to boost the demand for sterilization equipment in South Africa.
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Target buyers of South Africa sterilization equipment market databook
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Our clientele includes a mix of sterilization equipment 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 sterilization equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Africa sterilization equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa sterilization equipment market size, by product, 2018-2030 (US$M)
South Africa Sterilization Equipment Market Outlook Share, 2023 & 2030 (US$M)
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