South Africa Temperature Modulation Devices Market Size & Outlook
South Africa temperature modulation devices, 2018-2030 (US$M)
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South Africa temperature modulation devices highlights
- The South Africa temperature modulation devices generated a revenue of USD 29.6 million in 2023 and is expected to reach USD 42.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, convective patient warming systems was the largest revenue generating product in 2023.
- Convective patient warming systems is the most lucrative product segment registering the fastest growth during the forecast period.
Temperature modulation devices data book summary
| Market revenue in 2023 | USD 29.6 million |
| Market revenue in 2030 | USD 42.7 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Convective patient warming systems |
| Fastest growing segment | Convective patient warming systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Blood/IV fluid warmers, Conductive patient warming systems, Convective patient warming systems, Conductive patient cooling systems, Other Products & Accessories |
| Key market players worldwide | Stryker Corp, Becton Dickinson & Co, 3M Co, SAS AB, ICU Medical Inc |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.0% of the global temperature modulation devices 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 temperature modulation devices 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 37.0 million by 2030.
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Temperature Modulation Devices Scope
Temperature Modulation Devices Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa temperature modulation devices 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 temperature modulation devices will help companies and investors design strategic landscapes.
Convective patient warming systems was the largest segment with a revenue share of 27.7% in 2023. Horizon Databook has segmented the South Africa temperature modulation devices based on portable blood/iv fluid warmers, conductive patient warming systems, convective patient warming systems, conductive patient cooling systems, other products & accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The temperature modulation devices market in South Africa is witnessing significant growth due to the increasing burden of CVDs in the country. A study published in the Cardiovascular Journal of Africa in May 2021 revealed that five people suffer from a stroke every hour, and 10 people experience a heart attack.
The geriatric population is projected to increase by 15.4% of the total population by 2050. As the senior population is more susceptible to CVDs, the growth of this population segment in South Africa is expected to support the expansion of the temperature modulation devices market.
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Target buyers of South Africa temperature modulation devices databook
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Our clientele includes a mix of temperature modulation devices 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 temperature modulation devices, including forecasts for subscribers. This country databook contains high-level insights into South Africa temperature modulation devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa temperature modulation devices market size, by product, 2018-2030 (US$M)
South Africa Temperature Modulation Devices Share, 2023 & 2030 (US$M)
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