Report Overview

Increasing demand for portable and convenient diagnostic tools, rising healthcare infrastructure, expanding applications in various medical specialties, and the need for rapid and accurate medical imaging in resource-constrained settings, all contributing to market growth contributing to the growth of the South Africa Point-of-Care (PoC) Ultrasonic Market during the forecast period between 2023 and 2029.

South Africa Point-of-Care (PoC) Ultrasound Market – Industry Trends & Forecast Report, 2029

South Africa point-of-care (PoC) ultrasound market size was estimated at USD 22.77 million in 2022. During the forecast period between 2023 and 2029, the size of South Africa point-of-care (PoC) ultrasound market is projected to grow at a CAGR of 6.8% reaching a value of USD 36.09 million by 2029. South Africa point-of-care (PoC) ultrasound market is influenced by several key factors. Also, the increasing prevalence of diseases and the need for rapid and accurate diagnostic tools drive market growth. Advancements in technology have made portable ultrasound devices more accessible and user-friendly, further boosting demand. The rising healthcare infrastructure and awareness, along with government initiatives to improve healthcare access, play a significant role in market expansion. Further, the COVID-19 pandemic has underscored the importance of point-of-care (PoC) ultrasound in critical care settings, driving its adoption. Overall, the market is poised for growth due to these factors and the increasing demand for point-of-care (PoC) ultrasound solutions in South Africa.

Point-of-Care (PoC) Ultrasound Market - Overview

Point-of-care (PoC) ultrasound market refers to the healthcare industry segment focused on portable and compact ultrasound devices used for immediate patient diagnosis and monitoring at the bedside. This market has experienced significant growth due to its convenience and accuracy in various medical settings, including emergency rooms, clinics, and ambulances. It offers real-time imaging and aids in quick decision-making by healthcare professionals. Factors like technological advancements, increased awareness, and rising demand for point-of-care (PoC) diagnostics have contributed to the market's expansion, with a growing emphasis on miniaturization and user-friendliness of ultrasound devices.

South Africa Point-of-Care (PoC) Ultrasound Market

Growth Drivers

Increasing Focus on Providing Healthcare Access

South Africa point-of-care (PoC) ultrasound market is experiencing robust growth driven by the increasing accessibility to healthcare services across the nation. As South Africa works to expand healthcare access to underserved populations, point-of-care (PoC) ultrasound technology plays a pivotal role in providing rapid and accurate diagnostics in remote and resource-limited settings. This growth driver is further fueled by the rising prevalence of chronic diseases, the demand for real-time diagnostics, and the need for immediate medical intervention. The convenience, portability, and cost-effectiveness of point-of-care (PoC) ultrasound systems make them a crucial tool in improving healthcare outcomes and driving market expansion in South Africa.

Restraints

High Initial Costs

South Africa point-of-care (PoC) ultrasound market growth faces a substantial restraint due to the high initial costs. As the stakeholders are required to invest a significant amount in setting up PoC ultrasound systems and facilities. In addition, regulatory compliance requirements add to the challenge, necessitating stringent security measures that can limit the adoption of PoC ultrasound equipment.

Impact of COVID-19 on South Africa Point-of-Care (PoC) Ultrasound Market

The COVID-19 pandemic significantly impacted the Point-of-Care (PoC) ultrasound market in South Africa. The pandemic underscored existing healthcare disparities, disproportionately affecting PoC individuals who faced higher infection rates, limited access to healthcare facilities, and increased mortality rates. In this context, PoC ultrasound devices became crucial in providing rapid and accessible diagnostic solutions, especially in underserved communities. The demand for portable and easy-to-use ultrasound devices soared, enabling healthcare professionals to perform quick assessments at the PoC, reducing the need for unnecessary hospital visits and minimizing the risk of virus transmission. Additionally, the pandemic accelerated technological advancements in the PoC ultrasound market, fostering innovations like telemedicine applications and AI-driven diagnostic tools, further enhancing accessibility and accuracy of healthcare services for PoC communities. Despite the challenges posed by the pandemic, the PoC ultrasound market demonstrated resilience and adaptability, playing a pivotal role in bridging healthcare disparities and improving outcomes for PoC individuals by ensuring timely and efficient diagnostic interventions.

South Africa Point-of-Care (PoC) Ultrasound Market

Segmental Coverage

South Africa Point-of-Care (PoC) Ultrasound Market – By Type

Based on type, South Africa point-of-care (PoC) ultrasound market is divided into Diagnostic Devices and Therapeutic Devices segments. These segments play pivotal roles in the healthcare industry, offering distinct functions. The diagnostic devices segment encompasses tools designed for non-invasive examinations, aiding in the diagnosis of various medical conditions. In contrast, the therapeutic devices segment involves equipment utilized for interventional procedures and treatments. Both segments contribute significantly to improving patient care, offering advanced medical imaging and treatment options to healthcare professionals in South Africa. These segments reflect the diverse applications and impact of point-of-care (PoC) ultrasound technology in the country's healthcare landscape.

South Africa Point-of-Care (PoC) Ultrasound Market – By Mobility

By mobility, South Africa point-of-care (PoC) ultrasound market is divided into trolley-based devices and hand-held devices segments. Trolley-based devices are larger, stationary units that offer advanced imaging capabilities and are often used in hospital settings. On the other hand, hand-held devices are portable, compact units that provide on-the-go, point-of-care (PoC) ultrasound capabilities, suitable for clinics, emergency settings, and remote healthcare applications. These two segments cater to different healthcare needs, with trolley-based devices offering comprehensive diagnostic capabilities, while hand-held devices provide versatility and mobility, enhancing access to ultrasound technology in various medical environments within South Africa.

South Africa Point-of-Care (PoC) Ultrasound Market – By Application

Based on application, South Africa point-of-care (PoC) ultrasound market is divided into Emergency Medicine, Cardiology, Obstetrics & Gynecology, Oncology Surgery, Urology, Vascular Surgery, and Musculoskeletal segments. Cardiology stands out as a significant focus area for point-of-care (PoC) ultrasound usage, reflecting the importance of this technology in diagnosing and monitoring heart-related conditions. While Emergency Medicine, Obstetrics & Gynecology, Oncology Surgery, Urology, Vascular Surgery, and Musculoskeletal segments also play crucial roles, the Cardiology segment takes precedence due to the critical role ultrasound plays in assessing heart health and cardiovascular conditions, making it a prominent and integral part of the South African healthcare landscape.

South Africa Point-of-Care (PoC) Ultrasound Market – By End User

Based on end user, South Africa point-of-care (PoC) ultrasound market is divided into Hospitals and Clinics & Ambulatory Surgical Center segments. The hospitals segment constitutes a substantial segment, as they deploy point-of-care (PoC) ultrasound for a wide range of medical purposes, from emergency room diagnostics to routine patient care. Clinics represent another significant market segment, where smaller healthcare facilities utilize this technology for rapid and efficient examinations. Ambulatory surgical centers form a specialized segment, utilizing point-of-care (PoC) ultrasound for surgical procedures. These distinct segments collectively drive the growth of the point-of-care (PoC) ultrasound market in Asia, catering to diverse medical needs and healthcare settings.

Competitive Landscape

Major players in the South Africa point-of-care (PoC) ultrasound market include Analogic Corporation, CANON MEDICAL SYSTEMS CORPORATION, ESAOTE SPA, Siemens Healthcare GmbH, GE Healthcare, Koninklijke Philips NV, Siemens Healthcare, and B. Braun. To enhance their market share and expand their reach, these companies are also focusing on investing in innovations, collaborations, and expansions.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2022
	Base Year – 2022
	Estimated Year – 2023
	Forecast Period – 2023–2029
Facts Covered	Revenue in USD Million
Market Coverage	South Africa
Product/ Service Segmentation	Type, Mobility, Application, End Use
Key Players	Analogic Corporation, CANON MEDICAL SYSTEMS CORPORATION, ESAOTE SPA, Siemens Healthcare GmbH, GE Healthcare, Koninklijke Philips NV, Siemens Healthcare, and B. Braun.

 

 

By Type

• Diagnostic Devices

• Therapeutic Devices

By Mobility

• Trolley-based Devices

• Hand-held Devices

By Application

• Emergency Medicine

• Cardiology

• Obstetrics & Gynecology

• Oncology Surgery

• Urology

• Vascular Surgery

• Musculoskeletal

By End User

• Hospitals

• Clinics

• Ambulatory Surgical Centers

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. South Africa Point-of-Care Ultrasound Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rise in Chronic Diseases
         2. Increase in point-of-care diagnostics
      2. Restraints
         1. High initial costs
      3. Opportunities
         1. Advancements in technologies
      4. Challenges
         1. Limited imaging capabilities
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. South Africa Point-of-Care Ultrasound Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Diagnostic devices
         2. Therapeutic devices
      2. By Mobility
         1. Trolley based devices
         2. Hand-held devices
      3. By Application
         1. Emergency medicine
         2. Cardiology
         3. Obstetrics and Gynecology
         4. Oncology surgery
         5. Urology
         6. Vascular surgery
         7. Musculoskeletal
      4. By End User
         1. Hospitals
         2. Clinics
         3. Ambulatory surgical center
         4. Others
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. South Africa Point-of-Care Ultrasound Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Covid-19 on South Africa Point-of-Care Ultrasound Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. Analogic Corporation
   2. CANON MEDICAL SYSTEMS CORPORATION
   3. ESAOTE SPA
   4. Siemens Healthcare GmbH
   5. GE Healthcare
   6. Koninklijke Philips NV
   7. Siemens Healthcare
   8. B.Braun
   9. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1. Qualitative Research
      1.  Primary & Secondary Research
   2.   Quantitative Research
   3.   Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
   4. Breakdown of Primary Research Respondents, By Country
   5.   Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

 

List of Figures

 

Figure 1       South Africa Point-of-Care Ultrasound Segmentation

Figure 2       South Africa Point-of-Care Ultrasound Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       South Africa Point-of-Care Ultrasound Market Size, By Value (USD Million), 2019–2029

Figure 5       South Africa Point-of-Care Ultrasound Market Share, By Type, By Value, 2019–2029

Figure 6       South Africa Point-of-Care Ultrasound Market Share, By Mobility, By Value, 2019–2029

Figure 7       South Africa Point-of-Care Ultrasound Market Share, By Application, By Value, 2019–2029

Figure 8       South Africa Point-of-Care Ultrasound Market Share, By End User, By Value, 2019–2029

 

List of Tables

 

Table 1        South Africa Point-of-Care Ultrasound Market Size, By Value (USD Million), 2019–2029

Table 2        South Africa Point-of-Care Ultrasound Market Size, By Type, By Value, 2019–2029

Table 3        South Africa Point-of-Care Ultrasound Market Size, By Mobility, By Value, 2019–2029

Table 4        South Africa Point-of-Care Ultrasound Market Size, By Application, By Value, 2019–2029

Table 5        South Africa Point-of-Care Ultrasound Market Size, By End User, By Value, 2019–2029

Table 6        Analogic Corporation Company Overview

Table 7        Analogic Corporation Financial Overview

Table 8        CANON MEDICAL SYSTEMS CORPORATION Company Overview

Table 9        CANON MEDICAL SYSTEMS CORPORATION Financial Overview

Table 10      ESAOTE SPA Company Overview

Table 11      ESAOTE SPA Financial Overview

Table 12      Siemens Healthcare GmbH Company Overview

Table 13      Siemens Healthcare GmbH Financial Overview

Table 14      GE Healthcare Company Overview

Table 15      GE Healthcare Financial Overview

Table 16      Koninklijke Philips NV Company Overview

Table 17      Koninklijke Philips NV Financial Overview

Table 18      Siemens Healthcare Company Overview

Table 19      Siemens Healthcare Financial Overview

Table 20      B. Braun Company Overview

Table 21      B. Braun Financial Overview