South Africa Surgical Microscopes Market Size & Outlook
South Africa surgical microscopes market, 2018-2030 (US$M)
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South Africa surgical microscopes market highlights
- The South Africa surgical microscopes market generated a revenue of USD 2.3 million in 2023 and is expected to reach USD 4.6 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, hospitals was the largest revenue generating end use in 2023.
- Outpatient Facilities is the most lucrative end use segment registering the fastest growth during the forecast period.
Surgical microscopes market data book summary
| Market revenue in 2023 | USD 2.3 million |
| Market revenue in 2030 | USD 4.6 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Outpatient Facilities |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities |
| Key market players worldwide | Carl Zeiss Meditec AG, Danaher Corp, Olympus Corp, Metall Zug Ltd Class B, Synaptive Medical, Alcon Inc, Topcon Corp, Takagi Seiko, Seiler Instrument & Mfg. Co. Inc. |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.4% of the global surgical microscopes 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 microscopes market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4.6 million by 2030.
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Surgical Microscopes Market Scope
Surgical Microscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa surgical microscopes 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 microscopes market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 60.87% in 2023. Horizon Databook has segmented the South Africa surgical microscopes market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
High unmet healthcare needs and rising awareness about advanced surgical treatments available for ophthalmic, ENT, and dental conditions are some of the drivers of the market. According to IAPB Vision Atlas, the number of cataract surgeries performed in South Africa in 2015 was 44,728, which is higher in comparison with other countries in the region. However, the number of ophthalmologists per 100,000 population is less.
According to World Federation of Neurosurgical Societies, the number of neurosurgeons is less in South Africa as compared to other countries such as Algeria, and the number of neurosurgeons per 100,000 population is 0.061.
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Our clientele includes a mix of surgical microscopes 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 surgical microscopes market , including forecasts for subscribers. This country databook contains high-level insights into South Africa surgical microscopes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa surgical microscopes market size, by end use, 2018-2030 (US$M)
South Africa Surgical Microscopes Market Outlook Share, 2023 & 2030 (US$M)
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