South Africa Surgical Stapling Devices Market Size & Outlook
South Africa surgical stapling devices market, 2018-2030 (US$M)
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South Africa surgical stapling devices market highlights
- The South Africa surgical stapling devices market generated a revenue of USD 131.2 million in 2023 and is expected to reach USD 225.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, manual was the largest revenue generating product in 2023.
- Powered is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical stapling devices market data book summary
| Market revenue in 2023 | USD 131.2 million |
| Market revenue in 2030 | USD 225.5 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Manual |
| Fastest growing segment | Powered |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powered, Manual |
| Key market players worldwide | Johnson & Johnson, Medtronic PLC, Smith & Nephew PLC, B. Braun, Intuitive Surgical Inc, 3M Co, Conmed Corp, BD, BioPro, Frankenman International |
Other key industry trends
- In terms of revenue, South Africa accounted for 2.5% of the global surgical stapling devices 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 stapling devices 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 225.5 million by 2030.
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Surgical Stapling Devices Market Scope
Surgical Stapling Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa surgical stapling devices 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 stapling devices market will help companies and investors design strategic landscapes.
Manual was the largest segment with a revenue share of 68.37% in 2023. Horizon Databook has segmented the South Africa surgical stapling devices market based on powered, manual covering the revenue growth of each sub-segment from 2018 to 2030.
According to the South African Medical Research Council report, published in March 2021, the country is well-placed to expand its medical device manufacturing. However, barriers such as low R&D investment and fragmented industry are limiting the market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa surgical stapling devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa surgical stapling devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa surgical stapling devices market size, by product, 2018-2030 (US$M)
South Africa Surgical Stapling Devices Market Outlook Share, 2023 & 2030 (US$M)
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