South Africa Gastrointestinal Therapeutics Market Size & Outlook
South Africa gastrointestinal therapeutics market, 2018-2030 (US$M)
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South Africa gastrointestinal therapeutics market highlights
- The South Africa gastrointestinal therapeutics market generated a revenue of USD 399.0 million in 2022 and is expected to reach USD 550.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4.1% from 2023 to 2030.
- In terms of segment, branded was the largest revenue generating drug type in 2022.
- Generics is the most lucrative drug type segment registering the fastest growth during the forecast period.
Gastrointestinal therapeutics market data book summary
| Market revenue in 2022 | USD 399.0 million |
| Market revenue in 2030 | USD 550.5 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Branded |
| Fastest growing segment | Generics |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Branded, Generics |
| Key market players worldwide | AbbVie Inc, AstraZeneca PLC, Bausch Health Companies Inc, Takeda Pharmaceutical Co Ltd, Pfizer Inc, Bayer AG, Abbott Laboratories, Janssen Pharmaceuticals, Sun Pharmaceutical Industries, Cipla Ltd DR, Gilead Sciences Inc, Biogen Inc, Organon & Co Ordinary Shares |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.1% of the global gastrointestinal therapeutics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa gastrointestinal therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 204.2 million by 2030.
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Gastrointestinal Therapeutics Market Scope
Gastrointestinal Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa gastrointestinal therapeutics 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 gastrointestinal therapeutics market will help companies and investors design strategic landscapes.
Branded was the largest segment with a revenue share of 61.53% in 2022. Horizon Databook has segmented the South Africa gastrointestinal therapeutics market based on branded, generics covering the revenue growth of each sub-segment from 2018 to 2030.
The burden of gastrointestinal diseases in the African region has been high owing to easy transmission of bacterial and viral contaminants. Rising investment by major market players and increasing R&D are factors anticipated to fuel growth.
Rising number of government initiatives intended to extensively increase awareness among locals is expected to bolster growth in the region. For instance, the standard treatment guidelines and essential medicines list released by the Health Republic of South Africa.
The South African Gastroenterological Society—Academy of Digestive Diseases (SAGES-ADD) is another such organization facilitating training and improving diagnosis among locals for various gastrointestinal diseases.
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Target buyers of South Africa gastrointestinal therapeutics market databook
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Our clientele includes a mix of gastrointestinal therapeutics 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 gastrointestinal therapeutics market, including forecasts for subscribers. This country databook contains high-level insights into South Africa gastrointestinal therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa gastrointestinal therapeutics market size, by drug type, 2018-2030 (US$M)
South Africa Gastrointestinal Therapeutics Market Share, 2022 & 2030 (US$M)
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