South Africa Anesthesia Devices Market Size (2024 - 2029)

The South African anesthesia devices market is projected to experience growth over the forecast period, driven by advancements in technology and an increasing prevalence of chronic diseases that necessitate more surgical procedures. The market's expansion is further supported by the rising geriatric population, which is more susceptible to conditions requiring anesthesia. Despite challenges such as high equipment costs and reimbursement issues, the market is stabilizing as surgical activities resume post-pandemic disruptions. Additionally, increased company investments in manufacturing capabilities are expected to contribute positively to the market's development.

Market Size of South Africa Anesthesia Devices Industry

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South Africa Anesthesia Devices Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 11.80 %
Market Concentration Medium

Major Players

South Africa Anesthesia Devices Market Major Players

*Disclaimer: Major Players sorted in no particular order

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South Africa Anesthesia Devices Market Analysis

The South African anesthesia devices market is expected to register a CAGR of 11.8% over the forecast period.

The COVID-19 pandemic had a significant impact on the South African anesthesia device market. For instance, according to an article titled "SASCOS," published by clinicaltrial.gov in August 2021, clinicians had limited access to aggregated data on clinical outcomes after surgery in the South African healthcare sector. The lack of data impacted the efforts to improve the quality of care at the hospitals in South Africa. Additionally, within the South African health system during the pandemic, there was a large disparity and unequal access to the delivery of surgical care. Thus, the disrupted surgical procedures impacted the demand for anesthesia monitoring devices market growth during the COVID-19 pandemic. However, the market is gradually stabilizing as COVID-19 cases are declining. Thus, an increase in surgical procedures is expected to have a significant impact on the South African anesthesia devices market over the forecast period.

Certain factors propelling the market growth are the advancements in anesthesia delivery and monitoring technology as well as the increasing prevalence of chronic diseases coupled with the rising number of surgeries. The rising geriatric population, who are more prone to develop chronic diseases such as cardiovascular diseases, bone and joint-related disorders, and others, cause an increased verge on surgeries and therapeutics.

For instance, according to the United Nations Population Fund's World Population Dashboard's Statistics, in 2023 in South Africa, a large proportion of the population are aged between 15-64 years, and accounted for 66% of the population, and 6% of the population of the country had people of 65 years and above age. Hence, with an increase in the old age population, the chances of chronic disease increase, leading to increased demand for anesthesia devices.

Furthermore, the rising company activities in the country are expected to increase market growth over the forecast period. For instance, in October 2021, Aspen launched a general anesthetics production line at its manufacturing site at Gqeberha. This site manufactures general anesthetic products. Such development is expected to drive the market growth over the forecast period.

Hence, as per the factors mentioned above, such as advancements in anesthesia delivery and monitoring technology, as well as the increasing prevalence of chronic diseases coupled with the rising number of surgeries, the South African anesthesia devices market is anticipated to grow over the forecast period. However, the high cost of equipment, coupled with reimbursement issues and difficulties impede the usage of anesthesia devices.

South Africa Anesthesia Devices Industry Segmentation

As per the scope of the report, anesthesia devices are used to deliver anesthetic agents as well as to check the patient's response to anesthesia during the surgical process. The requirement of these devices depends upon the type of surgery being performed, and it differs in every case. These devices help the anesthetist deliver, control, and monitor the dose of anesthesia. The South Africa anesthesia devices market is segmented by product type (anesthesia machines (anesthesia workstations, anesthesia delivery machines, anesthesia ventilators, and anesthesia monitors), disposables and accessories (anesthesia circuits (breathing circuits), anesthesia masks, and other disposables and accessories). The report offers the value (in USD) for the above segments.

By Product Type
Anesthesia Machines
Anesthesia Workstation
Anesthesia Delivery Machines
Anesthesia Ventilators
Anesthesia Monitors
Disposables and Accessories
Anesthesia Circuits (Breathing Circuits)
Anesthesia Masks
Others
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South Africa Anesthesia Devices Market Size Summary

The South African anesthesia devices market is poised for significant growth, driven by advancements in anesthesia delivery and monitoring technologies, alongside an increasing prevalence of chronic diseases and a rising number of surgeries. The market experienced disruptions during the COVID-19 pandemic, which affected surgical procedures and, consequently, the demand for anesthesia monitoring devices. However, as the pandemic's impact wanes, the market is stabilizing, with an anticipated rise in surgical procedures. The aging population in South Africa, coupled with the prevalence of chronic conditions such as cardiovascular diseases and respiratory disorders, is expected to further propel the demand for anesthesia devices. The market is also witnessing increased activity from companies, such as Aspen's launch of a general anesthetics production line, which is expected to contribute to market expansion.

The anesthesia monitors segment is expected to experience substantial growth due to the rising burden of chronic diseases and the geriatric population, which drives the demand for surgical procedures. Additionally, the anesthesia ventilators segment is gaining traction, fueled by the increasing prevalence of chronic respiratory diseases like asthma and COPD, and advancements in product technologies. The market is characterized by the presence of both global and regional companies, including B. Braun Melsungen AG, Medtronic PLC, and Draegerwerk AG, which are actively contributing to market development. Despite challenges such as high equipment costs and reimbursement issues, the market is set to grow, supported by innovations and strategic initiatives by key players.

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South Africa Anesthesia Devices Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Advancements in Anesthesia Delivery and Monitoring Technology

      2. 1.2.2 Increasing Prevalence of Chronic Diseases Coupled with Rising Number of Surgeries

    3. 1.3 Market Restraints

      1. 1.3.1 High Cost of Equipment Coupled with Reimbursement Issues

      2. 1.3.2 Difficulties Associated with the Usage of Anesthesia Devices

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Product Type

      1. 2.1.1 Anesthesia Machines

        1. 2.1.1.1 Anesthesia Workstation

        2. 2.1.1.2 Anesthesia Delivery Machines

        3. 2.1.1.3 Anesthesia Ventilators

        4. 2.1.1.4 Anesthesia Monitors

      2. 2.1.2 Disposables and Accessories

        1. 2.1.2.1 Anesthesia Circuits (Breathing Circuits)

        2. 2.1.2.2 Anesthesia Masks

        3. 2.1.2.3 Others

South Africa Anesthesia Devices Market Size FAQs

The South Africa Anesthesia Devices Market is projected to register a CAGR of 11.80% during the forecast period (2024-2029)

GE Healthcare, B. Braun Melsungen AG, Medtronic PLC, Draegerwerk AG and Koninklijke Philips NV are the major companies operating in the South Africa Anesthesia Devices Market.

South Africa Anesthesia Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)