South Africa Endoscopy Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 417.78 Million |
| Market Size (2029) | USD 558.57 Million |
| CAGR (2024 - 2029) | 5.98 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
South Africa Endoscopy Devices Market Analysis
The South Africa Endoscopy Devices Market size is estimated at USD 417.78 million in 2024, and is expected to reach USD 558.57 million by 2029, growing at a CAGR of 5.98% during the forecast period (2024-2029).
- The COVID-19 pandemic significantly impacted the market studied due to the limitations on hospital visits for non-emergencies in the initial phase of the pandemic. The majority of endoscopy activities were reduced during the pandemic in South Africa. Data from the National Institute of Health published in November 2021 indicated that almost 75% of the doctors had reduced their endoscopic procedures in the country by 50%. As the focus of healthcare companies was diverted toward COVID-19 diagnosis and care, the market studied was affected greatly.
- However, currently, the market has reached its pre-pandemic nature in terms of the number of endoscopic procedures performed and is expected to witness significant growth in the coming years. The key factors propelling the market growth include increasing adoption of endoscopy for treatment and diagnosis and technological advancements leading to enhanced applications.
- The data from World Population Review published in July 2023 mentioned that South Africa's population is estimated to be 69.3 million people in 2023, 9.2% of whom were aged over 60 years, and the number of older adults in South Africa is projected to increase to 15.4% of the total population by 2050. Such an increase in the geriatric population is causing an increase in diseases such as gastrointestinal diseases and various cancers related to the gastric system that require endoscopy procedures for their treatment.
- For instance, the data from a survey published by the National Institute of Health in November 2021 indicated that over 73.6% of the people in South African respondents had undergone endoscopy procedures during the year 2021. Hence, this is expected to drive the demand for endoscopy devices and drive the growth of the market studied.
- Moreover, the rising healthcare spending and the number of hospitals are more likely to support the target market's expansion in the country. For instance, in April 2022, the Netcare Property Holdings Joint Venture opened a 400-bed multi-specialty hospital in South Africa. With such multi-specialty hospitals in the country, essential procedures such as endoscopy are largely performed. Thus, such expansion of hospitals in South Africa is expected to create opportunities for endoscopy devices, fueling market growth.
- However, the lack of skilled technicians and infections caused by few endoscopes are hindering market growth.
South Africa Endoscopy Devices Market Trends
Endoscopy Visualization Equipment Segment is Expected to Witness Rapid Growth in the Market Studied
- An endoscopy visualization system is used to visualize and interpret endoscopic images of all endoscopy surgeries in high definition. Several companies have a strong presence in the country, which is contributing to the segment growth as these companies are developing new technologies in the endoscopy visualization space. For instance, in September 2022, Olympus Corporation launched VISERA ELITE III, its newest surgical visualization platform that addresses the needs of healthcare professionals (HCPs) for endoscopic procedures across multiple medical disciplines. VISERA ELITE III is available in Africa, including several other regions.
- Furthermore, non-communicable respiratory diseases are increasing in the country, which is fueling the segment growth. For instance, according to an article from Pats Journal published in January 2021, it was observed that Africa is home to over 1 billion people, and around 2.6 million people are affected by Tuberculosis. Moreover, the same study estimated that Asthma cases in Africa were around 34.1 million (12.1%) among children, 64.9 million (11.8%) among people aged 45 years, and 74.4 million (11.7%) in the total population as of January 2021.
- Additionally, the prevalence of chronic obstructive pulmonary disease(COPD) was around 7.7% in Nigeria and 19% in South Africa. The statistics indicate that respiratory diseases are causing a significant burden in South Africa, which is believed to boost the demand for endoscopy visualization systems for the diagnosis and treatment of such diseases in the coming years.
Gastroenterology is Expected to Hold a Major Share in the Market
- Gastroenterology is one of the most crucial fields for endoscopy, as most gastroenterological procedures are performed with the help of endoscopes.
- The burden of various gastric diseases is on the rise in South Africa, which is propelling the demand for endoscopy procedures. For instance, as per the data from Karger AG, an academic journal published in August 2021, it was found that the prevalence of Helicobacter pylori infection (HPI) in South Africa is as high as 70.1%. One of the most crucial tools to diagnose the presence of this infection is the endoscope, which is widely used in the country. Hence, with the emergence of such diseases, the segment is expected to witness significant growth during the forecast period.
- In addition, as per a February 2021 published article from the National Institute of Health, at least one gastroenteritis virus is detected in 47% (96/205) of children in South Africa annually. With the high prevalence of gastroenteritis in the country, the demand for endoscopic procedures is on the rise. Furthermore, there is a growing adoption of new technology in the country, which is surging the segment growth.
- For instance, in June 2021, the Division of Medical Gastroenterology at the University of Cape Town (UCT) completed South Africa's first successful intestinal enteroscopy (endoscopy of the small bowel). The innovative operation, which was performed at Groote Schuur Hospital (GSH), is expected to revolutionize how clinicians access and study the small bowel, which was previously unreachable using a minimally invasive method.
- Therefore, the prevalence of gastrointestinal disorders in South Africa is expected to fuel the market growth.
South Africa Endoscopy Devices Industry Overview
The south africa endoscopy devices market is moderately competitive with several major players. Some of the strategies implemented include agreements, collaborative models, business expansion, and product development. Some of the key players in the market include KARL STORZ, Boston Scientific Corporation, Johnson and Johnson, Pentax Medical, and Fujifilm Holdings Corporation, among others.
South Africa Endoscopy Devices Market Leaders
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Boston Scientific Corporation
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Johnson and Johnson
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PENTAX Medical
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Fujifilm Holdings Corporation
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Karl Storz
*Disclaimer: Major Players sorted in no particular order
South Africa Endoscopy Devices Market News
- November 2022: Integrated Endoscopy, a groundbreaking medical device company at the forefront of 4K, cost-effective, single-use endoscope development for arthroscopic surgery, proudly unveiled the second-generation NUVIS Single-Use Arthroscope. This innovative 4K endoscope is a pioneering solution tailored for arthroscopic surgical procedures, now available in the global market, including South Africa.
- February 2022: Karl Storz, a leading manufacturer of endoscopes, recently joined the IFC's Africa Medical Equipment Facility, marking a significant step in supporting Africa's healthcare providers as they bolster their services in response to the challenges posed by the COVID-19 pandemic.
South Africa Endoscopy Devices Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Adoption of Endoscopy for Treatment and Diagnosis
4.2.2 Growing Preference for Minimally-invasive Surgeries
4.2.3 Technological Advancements Leading to Enhanced Applications
4.3 Market Restraints
4.3.1 Lack of Skilled Technicians
4.3.2 Infections Caused by Few Endoscopes
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type of Device
5.1.1 Endoscopes
5.1.2 Endoscopic Operative Device
5.1.3 Visualization Equipment
5.2 By Application
5.2.1 Gastroenterology
5.2.2 Pulmonology
5.2.3 Orthopedic Surgery
5.2.4 Cardiology
5.2.5 ENT Surgery
5.2.6 Gynecology
5.2.7 Neurology
5.2.8 Others Applications
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Boston Scientific Corporation
6.1.2 Johnson and Johnson
6.1.3 KARL STORZ
6.1.4 PENTAX Medical
6.1.5 Fujifilm Holdings Corporation
6.1.6 Richard Wolf GmbH
6.1.7 Cook Medical
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South Africa Endoscopy Devices Industry Segmentation
Endoscopes are minimally invasive devices and can be inserted into natural openings of the body to observe an internal organ or a tissue in detail. Endoscopic surgeries are performed for imaging procedures and minor surgeries.
The South Africa endoscopy devices market is segmented by type of device (endoscopes, endoscopic operative devices, and visualization equipment) and application (gastroenterology, pulmonology, orthopedic surgery, cardiology, ENT surgery, gynecology, neurology, and other applications).
The report offers the value in USD for the above segments.
| By Type of Device | |
| Endoscopes | |
| Endoscopic Operative Device | |
| Visualization Equipment |
| By Application | |
| Gastroenterology | |
| Pulmonology | |
| Orthopedic Surgery | |
| Cardiology | |
| ENT Surgery | |
| Gynecology | |
| Neurology | |
| Others Applications |
South Africa Endoscopy Devices Market Research FAQs
How big is the South Africa Endoscopy Devices Market?
The South Africa Endoscopy Devices Market size is expected to reach USD 417.78 million in 2024 and grow at a CAGR of 5.98% to reach USD 558.57 million by 2029.
What is the current South Africa Endoscopy Devices Market size?
In 2024, the South Africa Endoscopy Devices Market size is expected to reach USD 417.78 million.
Who are the key players in South Africa Endoscopy Devices Market?
Boston Scientific Corporation, Johnson and Johnson, PENTAX Medical, Fujifilm Holdings Corporation and Karl Storz are the major companies operating in the South Africa Endoscopy Devices Market.
What years does this South Africa Endoscopy Devices Market cover, and what was the market size in 2023?
In 2023, the South Africa Endoscopy Devices Market size was estimated at USD 392.80 million. The report covers the South Africa Endoscopy Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Africa Endoscopy Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South Africa Endoscopy Devices Industry Report
Statistics for the 2024 South Africa Endoscopy Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Africa Endoscopy Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
South Africa Endoscopy Devices Market Report Snapshots
