South Africa Medical Devices Report

Providing expert analysis, independent forecasts and competitive intelligence on the medical devices industry.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, Industry Risk Reward Index, Regulatory Development, Competitive Landscape and Regional and Country Industry Overviews.

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South Africa Medical Devices Report
Product Price
$1,295.00

BMI View : 201 6 will be another challenging year for the healthcare sector as the economic outlook worsens on the back of a very weak currency . Domestic production is growing in sophistication, but the vast majority of the market will remain dependent on imports. T he FY2016 -17 budget release confirms that health spending will continue to grow, primarily to support the introduction of the national health insurance scheme .

Projected Medical Device Market, 2015-2020
Total (USDmn) Per Capita (USD) Total (Local Currency mn) Per Capita (Local Currency) Exchange Rate (Local Currency/USD)
Source: BMI
2015 1 108.8 20.3 14 153.7 259.7 12.8
2016 929.2 16.9 15 108.0 274.8 16.3
2017 907.4 16.4 16 249.6 293.1 17.9
2018 912.0 16.3 17 472.4 312.8 19.2
2019 941.5 16.7 18 758.8 333.3 19.9
2020 972.0 17.2 20 139.5 355.4 20.7

Latest Updates And Key Forecasts

  • We forecast a 2015-2020 US dollar CAGR of -2.6%, which will lower the market from USD1.1bn in 2015 to USD972mn in 2020. All product areas will fall, with the CAGR ranging from -3.4% for patient aids to -2.0% for other medical devices. We anticipate a 16.2% contraction in the US dollar value of the market in 2016, as a result of a further weakening of the rand.

  • We expect imports to continue to display a downward trend in US dollar terms mainly due to the current weak position of the South African rand, which resulted in another contraction of 2.0% for the three months to December 2015. In the 12 months to December 2015, imports fell by 2.4% taking the running annual total to USD1.1bn.

  • We expect medical device exports will continue to underperform in 2016, even with currency depreciation, which is making South African products cheaper in export markets . In the three months to December 2015, exports recorded a 0.1% increase in US dollar terms, an improvement from the -3.6% recorded in the previous quarter. In the 12 months to December 2015, exports fell by 2.7% y-o-y to USD190.3mn.

  • We have seen a number of innovative medical devices at different development stages so far in 2016, and this is an indication that domestic production is growing in sophistication. We have identified the Aceso Imaging System, the SpyGlass DS Direct Visualisation System and Canon's 3D camera. We note that the development of these devices is facilitated by mostly private-public partnerships.

BMI Industry View
9
Table: Projected Medical Device Market, 2015-2020
9
Latest Updates And Key Forecasts
9
SWOT
10
Medical Device Market
10
Industry Forecast
13
Medical Device Market Forecast
13
Latest Updates
13
Structural Trends
13
Table: Detailed Medical Device Market By Product Area, 2010-2020 (USDmn)
15
Consumables Market Forecast
20
Latest Updates
20
Structural Trends
20
Bandages & Dressings
20
Suturing Materials
20
Syringes, Needles & Catheters
21
Other Consumables
21
Table: Consumables Market, 2010-2020 (USDmn)
22
Table: Consumables Market, 2011-2020 (USDmn, % Change)
23
Diagnostic Imaging Market Forecast
25
Latest Updates
25
Structural Trends
25
Electrodiagnostic Apparatus
25
Radiation Apparatus
26
Imaging Parts & Accessories
26
Table: Diagnostic Imaging Market, 2010-2020 (USDmn)
27
Table: Diagnostic Imaging Market, 2011-2020 (USDmn, % Change)
28
Dental Products Market Forecast
30
Latest Updates
30
Structural Trends
30
Capital Equipment
31
Instruments & Supplies
31
Table: Dental Products Market, 2010-2020 (USDmn)
31
Table: Dental Products Market, 2011-2020 (USDmn, % Change)
32
Orthopaedics & Prosthetics Market Forecast
34
Latest Updates
34
Structural Trends
34
Fixation Devices
35
Artificial Joints
35
Other Artificial Body Parts
35
Table: Orthopaedics & Prosthetics Market, 2010-2020 (USDmn)
35
Table: Orthopaedics & Prosthetics Market, 2011-2020 (USDmn, % Change)
36
Patient Aids Market Forecast
37
Latest Updates
37
Structural Trends
37
Portable Aids
37
Therapeutic Appliances
38
Table: Patient Aids Market, 2010-2020 (USDmn)
39
Table: Patient Aids Market, 2011-20120 (USDmn, % Change)
39
Other Medical Devices Market Forecast
41
Latest Updates
41
Structural Trends
41
Table: Other Medical Devices Market, 2010-2020 (USDmn)
41
Table: Other Medical Devices Market, 2011-2020 (USDmn, % Change)
42
Annual Medical Device Imports
44
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
47
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
48
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
50
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
51
Table: Detailed Medical Device Import Trends By Product Area, 2014
54
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
57
Monthly Medical Device Imports
60
Table: Monthly Medical Device Imports By Product Area, Year ending December 2015 (USDmn)
60
Annual Medical Device Exports
61
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
65
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
66
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
68
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
69
Table: Detailed Medical Device Export Trends By Product Area, 2014
72
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
75
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
78
Monthly Medical Device Exports
81
Table: Monthly Medical Device Exports By Product Area, Year Ending December 2015 (USDmn)
81
Industry Risk/Reward Index
82
Industry Risk Reward Index
82
Table: MEA Medical Device Risk/Reward Index, Q316
83
Market Overview
84
Medical Device Market Overview
84
Table: Medical Device Market, Key Ratios, 2015
84
Table: Medical Device Market By Product Area, 2015
85
Healthcare Overview
86
Health Status
86
Healthcare System
87
Private Healthcare Providers
88
Healthcare Funding
88
Healthcare Resources
91
Table: Medical Device Technology By Type (Public Sector)
94
Table: Percentage Failure on Vital Measures For Health Technology, 2011
94
Healthcare Activity
95
Healthcare Personnel
95
Key Healthcare Data
96
Table: Key Healthcare Data, 2010-2015
96
Industry Trends And Developments
98
Industry Trends & Developments
98
Table: Leading Medical Device Suppliers, 2010-2015 (USDmn)
98
Regulatory Development
111
Medical Device Regulations
111
Medical Device Pricing & Reimbursement
114
Procurement
114
Competitive Landscape
115
Domestic Medical Device Production
115
National Medical Device Manufacturers
115
Multinational Medical Device Manufacturers
119
Multinational Market Activity
120
Becton Dickinson
120
Boston Scientific
120
Elekta
120
General Electric
121
Johnson & Johnson
122
Medtronic
122
Philips
123
Siemens
123
Smith & Nephew
124
Stryker
124
Medical Device Market Access
126
Distribution
126
Procurement
126
Trade Association
127
Trade Fair
127
Methodology
128
Forecast Methodology
128
Trade Code Classifications
129
Table: Rearranged HS Trade Codes
130
Risk/Reward Index Methodology
133
Table: Medical Devices Risk/Reward Index Indicators
134
Sources
136
Contact
137

The South Africa Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a BMI Research's company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in South Africa provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the South Africa Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for South Africa, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in South Africa.
  • Target Business Opportunities in the South Africa Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in South Africa.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View

Provides industry, political and economic views. Briefly analyses the medical devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT

SWOT analyses of the medical devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts

Evaluates and analyses the medical devices market in terms of historical and forecast trends, covering six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices. Additionally, presents annual and monthly import and export trade data.

Macroeconomic Forecasts

Presents macroeconomic forecasts impacting the medical devices market.

Industry Risk Reward Index

Risk Reward Indices tool, which provides a globally comparative and numerically based assessment of the medical devices market’s attractiveness.

Market Overview

Assesses the medical devices market in the current year. Additionally, covers healthcare trends shaping the market, focusing on health status, healthcare system, healthcare funding, healthcare resources, healthcare activity and healthcare personnel. Includes historical healthcare data.

Industry Trends & Developments

Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory developments

A focus on government healthcare reforms, epidemiological trends, mergers and acquisitions, product launches, market entries, FDI activity, R&D, biotechnology, clinical trials and supply chain issues.

Competitive Landscape

Values historical medical devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

Methodology

Carefully explains the medical devices market methodology, trade classifications, Risk Reward Index methodology and sources used in the medical devices market Report.