South Africa Patient Monitoring Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

South Africa Patient Monitoring Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The growth of the South Africa patient monitoring (PM) market is attributed to the rising incidences of chronic diseases due to lifestyle changes, growth in geriatric population and ease of use and portability devices to promote the growth.

Patient monitoring devices are used to measure certain medical parameters by continuously measuring vital signs and/or repeatedly performing medical tests to ensure the well-being of the patient. In South Africa, chronic diseases like cardiovascular diseases is increasing. Although the demographic is young in South Africa, the geriatric population also is growing.

As a result of these factors, the demand for patient monitoring devices in South Africa has increased. This has been the primary factor in the growth of this market. This demand has led to increase in technological advancement s in this field which has eased the usage of these devise and also made them, more portable. As a result, these devices are also being used for personal use at homes, which has also positively impacted the market growth.

Key Market TrendsApplication in Cardiology is expected to Dominate the Growth of the Market

Cardiac monitoring refers to continuous or intermittent monitoring of heart activity with assessment of the patient's condition relative to their cardiac rhythm. Additional monitoring components allow cardiovascular pressures and cardiac output to be monitored and displayed as required for patient diagnosis and treatment. Continuous cardiovascular and pulmonary monitoring allows for prompt identification and initiation of treatment. In the recent decade, the incidence of cardiovascular diseases (CVD) in South Africa has increased.

As per a 2016 report by Heart and Stroke Foundation South Africa (HSFSA), CVD is the leading cause of death in South Africa after HIV/AIDS. According to the report statistics, approximately 215 people die every day from heart disease or strokes in South Africa. Thus the high incidence of heart diseases has increased the demand for patient cardiac monitoring devices, which is driving the overall market growth.

Competitive Landscape

South Africa is a developing economy. Although its healthcare system is not highly developed, like many other developing countries, South Africa is spending more each year in their healthcare system. This has encouraged many global companies to enter the market and as a result, many global players in the patient monitoring market are present in the country. These factors have made the region very competitive.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

Abbott Laboratories
Baxter International Inc.
Becton, Dickinson and Company
Boston Scientific Corporation
Draegerwerk AG
GE Healthcare
Johnson & Johnson
Koninklijke Philips NV
Medtronic PLC
Siemens Healthcare

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