South Africa Surgical Equipment Market Size & Outlook
South Africa surgical equipment market, 2018-2030 (US$M)
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South Africa surgical equipment market highlights
- The South Africa surgical equipment market generated a revenue of USD 155.7 million in 2023 and is expected to reach USD 252.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, surgical sutures & staplers was the largest revenue generating product in 2023.
- Electrosurgical Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical equipment market data book summary
| Market revenue in 2023 | USD 155.7 million |
| Market revenue in 2030 | USD 252.2 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Surgical sutures & staplers |
| Fastest growing segment | Electrosurgical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Sutures & Staplers, Handheld Surgical Devices, Electrosurgical Devices |
| Key market players worldwide | Johnson & Johnson, Zimmer Biomet Holdings Inc, B. Braun, Smith & Nephew PLC, Stryker Corp, Aspen Group Inc, Medtronic PLC, BD |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.9% of the global surgical 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 surgical equipment 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 98.0 million by 2030.
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Surgical Equipment Market Scope
Surgical Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa surgical 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 surgical equipment market will help companies and investors design strategic landscapes.
Surgical sutures & staplers was the largest segment with a revenue share of 45.73% in 2023. Horizon Databook has segmented the South Africa surgical equipment market based on surgical sutures & staplers, handheld surgical devices, electrosurgical devices covering the revenue growth of each sub-segment from 2018 to 2030.
The surgical equipment market in south Africa is anticipated to grow significantly due to the increasing focus of industry participants on the country market. The local and international market players are undertaking several initiatives, such as improving distribution networks to increase their presence in the South Africa market.
For instance, in November 2023, Peters Surgical, a major medical equipment manufacturer, revealed VERTICE HEALTHCARE as an exclusive distributor in South Africa for Clips, Sutures, and Glue manufactured by Peters Surgical. Such distribution developments are anticipated to drive the surgical equipment market in South Africa.
Furthermore, in October 2022, a South Africa-based medical device manufacturer, Synthecon Sutures, received ISO 13485 certification through DQS, an organization operating in the international trade and development industry. Synthecon has a manufacturing & distribution plant in South Africa, and the company manufactures quality surgical sutures supplied to private and public healthcare providers in the country.
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Our clientele includes a mix of surgical 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa surgical equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Africa surgical equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa surgical equipment market size, by product, 2018-2030 (US$M)
South Africa Surgical Equipment Market Outlook Share, 2023 & 2030 (US$M)
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