SOUTH AFRICA MEDICAL DEVICES MARKET

 

INTRODUCTION

 

Exports of medical devices will profit from Sub-Saharan Africa’s fast economic growth, which is being backed by rising commodity prices and a rise in investor confidence, even if the area is still extremely exposed to political unpredictability. The main business center for Sub-Saharan Africa’s medical device sector is located in South Africa. 

 

 

Exports of the lab and medical equipment make up a significant component of goods going to other African countries. For the MEA area, spending on medical equipment as a percentage of wealth is around average.

 

A little over forty per cent of the market is made up of other medical gadgets. Its tremendous development potential stems from its status as a developing market.

 

SOUTH AFRICA MEDICAL DEVICES MARKET SIZE AND FORECAST

 

The South Africa Medical Devices Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

 

NEW PRODUCT LAUNCH

 

To assist with COVID-19 patient triage and monitoring using X-ray imaging, Philips Foundation has successfully introduced artificial intelligence (AI) software created by Delft Imaging in 11 South African hospitals.

 

The AI-based CAD4COVID software from Delft Imaging evaluates the severity and course of COVID-19 illness using commonly available chest X-rays as a supplement to existing COVID-19 diagnostic methods.

 

To assist COVID-19 patient triaging in resource-constrained settings and high-prevalence locations, CAD4COVID has been created and is available for free usage.

 

The method is based on the same technical foundation as the CAD4TB TB detection software from Delft Imaging, which has helped screen six million individuals for TB globally.

 

The solution’s capacity to lessen the stress on healthcare institutions without the resources to handle the surge of COVID-19 patients as well as its capacity to lighten the workload of frontline healthcare personnel were both acknowledged by the Philips Foundation.

 

The Philips Foundation has funded the introduction of CAD4COVID in 11 South African institutions as part of its aim to help underserved populations have access to high-quality healthcare.

 

COMPANY PROFILE

• Medtronic
• Siemens
• Fresenius
• Siemens Healthcare
• Medtronic 
• Roche
• Baxter
• NuvoAir
• GE Healthcare

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per South Africa Medical Devices Market right now and how will it change in next 5-6 years?
2. Average cost to set up a Medical Devices Market in South Africa?
3. How many South Africa Medical Devices Market are 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 a South Africa Medical Devices Market and key vendor selection criteria
6. Where is the South Africa Medical Devices Market manufactured? What is the average margin per equipment?
7. Market share of South Africa Medical Devices Market manufacturers and their upcoming products
8. The most important planned South Africa Medical Devices Market in next 2 years
9. Details on network of major South Africa Medical Devices Market and pricing plans
10. Cost advantage for OEMs who manufacture South Africa Medical Devices Market in-house
11. 5 key predictions for next 5 years in South Africa Medical Devices Market
12. Average B-2-B South Africa Medical Devices Market price in all segments
13. Latest trends in South Africa Medical Devices Market, by every market segment
14. The market size (both volume and value) of South Africa Medical Devices Market in 2022-2027 and every year in between?
15. Global production breakup of South Africa Medical Devices Market, by suppliers and their OEM relationship