South Africa Healthcare Market Research Report: Ken Research

HIV/AIDS. The government and non-governmental organizations run a number of programmes for research and to support and provide medicines to people affected by HIV/AIDS. The average life expectancy in the country has decreased and some of the major causes of deaths are HIV/AIDS, tuberculosis, diabetes, cerebrovascular diseases, heart diseases, respiratory diseases, diarrheal diseases, influenza and pneumonia. There is a huge gap in health status of different regions in the country. The country has been developing its healthcare infrastructure including hospitals, diagnostic labs, clinics and the pharmaceutical sector. In addition to all these factors, fast rising and ageing population in the country further adds to the advantages for South Africa healthcare market.

Medical Devices Market: The medical devices industry is import driven in South Africa. The imports contribute to around ~% of the entire domestic market while domestic manufacturing contributes only ~%of the total revenue of the market. US, Germany, China, Switzerland, UK, Japan, Mexico, Ireland, France and Netherlands are the top medical devices import market for South Africa. The industry has witnessed substantial growth in the past few years and is expected to continue the trend in the future. The medical devices market contributed a share of around ~% (USD ~ billion) of the total healthcare market in South Africa in 2017. The CAGR for the medical devices market during 20122017 was ~%. The medical devices production firms in the country are small or medium sized businesses. Most of the multinational companies collaborate with local companies and then operate in the country. Most of the hospitals, clinics and diagnostic labs are government owned. The percentage share of domestically produced devices in the country is likely to increase in the future. The government provides a number of incentives for domestic manufacturers. The market has been majorly dominated by consumable equipment which contributing ~% (USD ~ million) while diagnostic imaging products contributed around ~% (USD