South Africa Minimally Invasive Surgical Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

South Africa Minimally Invasive Surgical Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The major factors for the growth of the South African minimally invasive surgical devices market include the higher acceptance rate of minimally invasive procedures over traditional procedures, improved patient quality of life, increasing number of surgeries among the aging population, as minimally invasive surgeries help reduce healthcare costs and time, and increasing prevalence of lifestyle-related and chronic disorders.

Minimally invasive surgeries (MIS) have been reported to cause less post-operative pain, and hence, patients receive smaller dosages of painkillers. The main advantage that MIS has over traditional open surgeries is higher precision due to video-assisted equipment, which produces a better and magnified image of the organs or body parts being operated. These surgeries are gaining wider acceptance among the geriatric population, due to the relatively shorter recovery time. These developments have created significant traction for robotic surgeries in several private hospitals in South Africa. Most of the initial surgeries performed using these robotic systems were to treat cardiovascular, urology, and neurology conditions. Furthermore, with improvements in the reimbursement scenario and streamlining of regulatory guidelines, the MIS devices market is expected to grow significantly over the forecast period. With that, the rising aging population, coupled with the increase in the prevalence of various chronic conditions, such as cardiovascular disease, GI diseases, cancer, and NCDs, is expected to drive the market over the forecast period.

Key Market TrendsThe Cardiovascular Segment is Expected to Register the Fastest Growth During the Forecast Period

According to the World Heart Federation, 2017, cardiovascular diseases accounted for 18% of all deaths in South Africa. One in 3 South African adults (33.7%) have hypertension, which can increase the risk of heart attack, heart failure, kidney disease, or stroke. Further, surgeons in South Africa prefer minimally invasive surgeries over traditional surgeries. With advancements in technology, minimally invasive cardiac surgeries have shifted from direct to video-assisted form, although both have similar postoperative outcomes. ​Patients hold a higher preference for minimally invasive surgeries, due to the shorter hospital stay and less post-operative pain, due to smaller incisions. Moreover, recommended post-operative painkillers had smaller dosages and were prescribed for a relatively shorter period, compared to dosages prescribed after traditional cardiac surgeries. ​

Competitive Landscape

The South African minimally invasive surgical devices market is dominated by a few global players. These global enterprises are already competitors in the developed regions, and in South Africa, they operate through regional offices or a network of distributors. In the South African market, which is currently categorized by the presence of high growth opportunities, the existing players are competing with each other on various fronts, such as the introduction of new products, increasing geographical penetration, and enhancing distribution channels. The high competition is expected to drive the merger and acquisition activities, thereby, leading to medium market consolidation in a few business segments.

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Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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