South Africa Surgical Laser Market Size & Outlook
South Africa surgical laser market, 2018-2030 (US$M)
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South Africa surgical laser market highlights
- The South Africa surgical laser market generated a revenue of USD 60.1 million in 2023 and is expected to reach USD 108.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, solid-state laser systems was the largest revenue generating product in 2023.
- Diode Laser Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical laser market data book summary
| Market revenue in 2023 | USD 60.1 million |
| Market revenue in 2030 | USD 108.0 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Solid-state laser systems |
| Fastest growing segment | Diode Laser Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid-state Laser Systems, Gas Laser Systems, Diode Laser Systems |
| Key market players worldwide | Cutera Inc, El.En. SpA Shs after split, Alcon Inc, Biolase Inc, Candela Invest, Cynosure Inc, Lumenis, LUTRONIC, Fotona, Asclepion Laser Technologies |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global surgical laser market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia surgical laser 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 187.7 million by 2030.
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Surgical Laser Market Scope
Surgical Laser Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa surgical laser 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 laser market will help companies and investors design strategic landscapes.
Solid-state laser systems was the largest segment with a revenue share of 36.11% in 2023. Horizon Databook has segmented the South Africa surgical laser market based on solid-state laser systems, gas laser systems, diode laser systems covering the revenue growth of each sub-segment from 2018 to 2030.
The private sector is considered a major asset in providing quality healthcare. South Africa is effectively spending on healthcare and is focusing on development of medical devices & pharmaceuticals in the country.
Developing economy and increasing quality of healthcare services are among factors anticipated to boost medical tourism in the country. Healthcare system in the country is dominated by the private sector; hence, medical services are available at competitive prices.
Private hospitals constantly upgrade their services and include novel drug delivery systems to maintain a competitive edge. Thus, market for surgical lasers is expected to grow at a lucrative rate during the forecast period.
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Target buyers of South Africa surgical laser market databook
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Our clientele includes a mix of surgical laser 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 surgical laser market , including forecasts for subscribers. This country databook contains high-level insights into South Africa surgical laser market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa surgical laser market size, by product, 2018-2030 (US$M)
South Africa Surgical Laser Market Outlook Share, 2023 & 2030 (US$M)
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