MEDICAL DEVICES MARKET

INTRODUCTION

 The market for medical devices in Ghana continues to be strongly dependent on imports, with low-tech products making up the majority of domestic production. 

Majority of the nation's total medical equipment imports came from Burkina Faso, Italy, and Niger.

In relation to the US dollar, the cedi has decreased in value. As a result, according to Fitch, the market will underperform in the short term and most certainly in the medium term if the currency devaluation persists, as it will make it difficult for companies to import medical devices.

When Russia invaded Ukraine, there was an increase in consumer price inflation. Elevated prices are the main source of inflationary pressures.

MEDICAL DEVICES MARKET SIZE AND FORECAST

The Ghana Medical Devices Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

MEDICAL DEVICES MARKETNEW PRODUCT LAUNCH

LG Electronics is betting on the digital healthcare business after scrapping its money-losing smartphone line last year. The conglomerate announced that it had launched a pain relief home device, called MediPain, as its latest healthcare product.

LG Electronics said that the machine, which is designed to intercept the transmission of pain signals in the brain, had won the approval of South Korea’s Ministry of Food and Drug Safety as a medical device.After the device’s launch in South Korea, the company will seek approval from other countries.

LG Electronics released an advanced X-ray detector using artificial intelligence. It also signed a partnership with KAIST, South Korea’s top engineering university, to set up a digital healthcare research centre. 

MEDICAL DEVICES MARKETCOMPANY PROFILE

• Medical Equipment India
• Association of Indian Medical Device Industry (AIMED)
• Radimage Healthcare India Private Limited
• iLife Medical Devices Pvt. Ltd.
• Desco Medical India
• Hospital Equipment Manufacturing Company
• Anand Surgical Industries (India)

MEDICAL DEVICES MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perGhana Medical Devices Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aMedical Devices MarketinGhana?
3. How manyGhana Medical Devices Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aGhana Medical Devices Marketand key vendor selection criteria
6. Where is theGhana Medical Devices Market manufactured? What is the average margin per equipment?
7. Market share ofGhana Medical Devices Marketmanufacturers and their upcoming products
8. The most important plannedGhana Medical Devices Marketin next 2 years
9. Details on network of majorGhana Medical Devices Marketand pricing plans
10. Cost advantage for OEMs who manufactureGhana Medical Devices Marketin-house
11. 5 key predictions for next 5 years inGhana Medical Devices Market
12. Average B-2-BGhana Medical Devices Marketprice in all segments
13. Latest trends inGhana Medical Devices Market, by every market segment
14. The market size (both volume and value) ofGhana Medical Devices Marketin 2024-2030 and every year in between?
15. Global production breakup ofGhana Medical Devices Market, by suppliers and their OEM relationship