South Africa Medical Device Regulatory Affairs Market Size & Outlook
South Africa medical device regulatory affairs market, 2018-2030 (US$M)
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South Africa medical device regulatory affairs market highlights
- The South Africa medical device regulatory affairs market generated a revenue of USD 40.9 million in 2024 and is expected to reach USD 66.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.5% from 2025 to 2030.
- In terms of segment, outsource was the largest revenue generating service provider in 2024.
- Outsource is the most lucrative service provider segment registering the fastest growth during the forecast period.
Medical device regulatory affairs market data book summary
| Market revenue in 2024 | USD 40.9 million |
| Market revenue in 2030 | USD 66.6 million |
| Growth rate | 8.5% (CAGR from 2025 to 2030) |
| Largest segment | Outsource |
| Fastest growing segment | Outsource |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In-house, Outsource |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global medical device regulatory affairs market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia medical device regulatory affairs market 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 107.0 million by 2030.
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Medical Device Regulatory Affairs Market Scope
Medical Device Regulatory Affairs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa medical device regulatory affairs 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 medical device regulatory affairs market will help companies and investors design strategic landscapes.
Outsource was the largest segment with a revenue share of 65.28% in 2024. Horizon Databook has segmented the South Africa medical device regulatory affairs market based on in-house, outsource covering the revenue growth of each sub-segment from 2018 to 2030.
Various government initiatives, such as tax breaks, R&D credit, and the establishment of the South African Health Products Regulatory Authority (SAHPRA), are expected to increase foreign investments & collaborations in the country. According to a report published by the South African Medical Research Council, in 2022, medical device R&D in the country was very low; it was less than 1.0% compared to the industry's total revenue in South Africa. However, a range of incentives available for medical device innovators in the country is expected to support the market growth during the forecast period.
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Our clientele includes a mix of medical device regulatory affairs 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 medical device regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into South Africa medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa medical device regulatory affairs market size, by service provider, 2018-2030 (US$M)
South Africa Medical Device Regulatory Affairs Market Outlook Share, 2024 & 2030 (US$M)
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