South Africa Defibrillator Market Size & Outlook, 2024-2030
South Africa Defibrillator Market, 2018-2030 (US$M)
Global Report
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South Africa defibrillator market highlights
- The South Africa defibrillator market generated a revenue of USD 83.4 million in 2023 and is expected to reach USD 135.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, implantable cardioverter defibrillator (icd) was the largest revenue generating product in 2023.
- External Defibrillator is the most lucrative product segment registering the fastest growth during the forecast period.
Defibrillator market data book summary
| Market revenue in 2023 | USD 83.4 million |
| Market revenue in 2030 | USD 135.2 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Implantable cardioverter defibrillator (icd) |
| Fastest growing segment | External Defibrillator |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implantable Cardioverter Defibrillator (ICD), External Defibrillator |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.1% of the defibrillator 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 defibrillator 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 56.5 million by 2030.
According to an article by Koninklijke Philips N.V., around five people in South Africa suffer from heart attacks every hour, which contributes to around 17.3 million deaths annually and is expected to grow by around 36% by 2030. This has created a huge demand for defibrillators in the country.
The country's demand and supply gap for these devices is very high due to economic and social constraints. The defibrillator market in South Africa was limited to hospital and prehospital services. It may be a developing market for PADs. Supportive initiatives undertaken by the government, various healthcare agencies, and private players are increasing awareness among people.
For instance, in March 2019, Heart and Stroke Foundation South Africa (HSFSA), The Philips Foundation, and Philips South Africa Commercial (Pty) Limited collaborated to launch the Back to Rhythm program. The program was an education campaign meant to create awareness around cardiac health.
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Publish Date: Oct 09, 2024
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Defibrillator Market Scope
Defibrillator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Stryker Corp | View profile | 52,000 | 1941 Stryker Way, Portage, MI, United States, 49002 | www.stryker.com |
| Boston Scientific Corp | View profile | 48,000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | www.bostonscientific.com |
| Nihon Kohden Corp | View profile | 6,325 | 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 | www.nihonkohden.co.jp |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | www.biotronik.com/de-de |
| MicroPort Scientific Corp | View profile | 8,230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | www.microport.com |
| SCHILLER | View profile | 501-1000 | Feldkirchen, Bayern, Germany, Europe | www.schillermed.de/ |
| ZOLL Medical Corporation | View profile | 1001-5000 | Chelmsford, Massachusetts, United States, North America | www.zoll.com/ |
South Africa Defibrillator 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 Defibrillator Market Outlook will help companies and investors design strategic landscapes.
Implantable Cardioverter Defibrillator (Icd) was the largest segment with a revenue share of 51.44% in 2023.
Horizon Databook has segmented the South Africa defibrillator market based on implantable cardioverter defibrillator (icd), external defibrillator covering the revenue growth of each sub-segment from 2018 to 2030.
According to an article by Koninklijke Philips N.V., around five people in South Africa suffer from heart attacks every hour, which contributes to around 17.3 million deaths annually and is expected to grow by around 36% by 2030. This has created a huge demand for defibrillators in the country.
The country's demand and supply gap for these devices is very high due to economic and social constraints. The defibrillator market in South Africa was limited to hospital and prehospital services. It may be a developing market for PADs. Supportive initiatives undertaken by the government, various healthcare agencies, and private players are increasing awareness among people.
For instance, in March 2019, Heart and Stroke Foundation South Africa (HSFSA), The Philips Foundation, and Philips South Africa Commercial (Pty) Limited collaborated to launch the Back to Rhythm program. The program was an education campaign meant to create awareness around cardiac health.
- South Africa Defibrillator Market Product Outlook (Revenue, USD Million , 2018-2030)
- Implantable Cardioverter Defibrillator (ICD)
- External Defibrillator
- South Africa Defibrillator Market end Use Outlook (Revenue, USD Million , 2018-2030)
- Hospital
- Pre hospital
- Public Access market
- Alternate care market
- Home healthcare
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa Defibrillator Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Defibrillator Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Africa Defibrillator Market, 2018-2030 (US$M)
South Africa defibrillator market statistics, by product, 2018-2030 (US$M)
