South Africa Medical Devices Report

Published 21 July 2015

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$1,295.00
South Africa Medical Devices Report

BMI Industry View : 2015 will be challenging for the healthcare sector with a host of legislative changes that are pending conclusion. Medical device manufacturers face the prospect of longer approval times under proposed new regulatory measures , while the ongoing inquiry into the costs of private healthcare could result in the introduction of price capping. Meanwhile, progress in implementing the national health insurance programme appears to have stalled amidst delays in publishing policies outlining it s shape and cost. Despite these uncertainties , we expect the medical device market will continue to grow, although currency weakness will negative ly impact on growth rates in US dollar terms.

Headline Industry Forecasts

  • The medical device market was valued at USD1.2bn in 2014 making it one of the largest markets in the Middle East & Africa region. Per capita spending remains well below the regional average at USD22 in 2014, although this is relatively high for an African market. We forecast a 2014-2019 CAGR of 7.6% in local currency terms, which is lower than the 2009-2014 CAGR of 10.4%. This reflects subdued economic growth at the start of the forecast period and lower government health spending. In US dollar terms, the 2014-2019 CAGR is much lower at 2.2%, which will see the market reach USD1.3bn in 2019. Performance will be particularly weak in 2015, when the market will see a contraction of 5.6% before returning to growth in 2016.

  • Medical device imports supply over 90% of the market and were valued at USD1.1bn in 2014, having grown at a 2009-2014 CAGR of 5.0% in US dollar terms and 10.4% in local currency terms. Performance in US dollars has been particularly weak over the past three years due to a 50% depreciation of the rand between 2011 and 2014. We expect currency weakness will continue to weigh on import performance in 2015, with mid single-digit growth in local currency and a contraction in US dollars as the rand continues to...

BMI Industry View
7
SWOT
11
Medical Device Market
11
Political
13
Economic
14
Operational Risk
15
Industry Forecast
17
Medical Device Market Forecast
17
2014-2019 Performance
17
Table: Projected Medical Device Market, 2014-2019
18
2009-2014 Performance
18
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
19
Consumables Market Forecast
24
Bandages & Dressings
24
Suturing Materials
24
Syringes, Needles & Catheters
24
Other Consumables
25
Table: Consumables Market, 2009-2019 (USDmn)
25
Table: Consumables Market, 2010-2019 (USDmn, % Change)
26
Diagnostic Imaging Market Forecast
27
Electrodiagnostic Apparatus
28
Radiation Apparatus
28
Imaging Parts & Accessories
28
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
29
Table: Diagnostic Imaging Market, 2010-2019 (USDmn, % Change)
30
Dental Products Market Forecast
31
Capital Equipment
32
Instruments & Supplies
32
Table: Dental Products Market, 2009-2019 (USDmn)
32
Table: Dental Products Market, 2010-2019 (USDmn, % Change)
33
Orthopaedics & Prosthetics Market Forecast
34
Fixation Devices
35
Artificial Joints
35
Other Artificial Body Parts
35
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
35
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn, % Change)
36
Patient Aids Market Forecast
37
Portable Aids
37
Therapeutic Appliances
37
Table: Patient Aids Market, 2009-2019 (USDmn)
38
Table: Patient Aids Market, 2010-2019 (USDmn, % Change)
38
Other Medical Devices Market Forecast
40
Table: Other Medical Devices Market, 2009-2019 (USDmn)
40
Table: Other Medical Devices Market, 2010-2019 (USDmn, % Change)
41
Annual Medical Device Imports
43
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
46
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s % Change)
47
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
48
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s % Change)
49
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
51
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
52
Table: Detailed Medical Device Import Trends By Product Area, 2014
55
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
58
Monthly Medical Device Imports
61
Table: Monthly Medical Device Imports By Product Area, March 2012 - February 2015 (USDmn)
61
Annual Medical Device Exports
63
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
67
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s % Change)
68
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
69
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s % Change)
70
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
72
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
73
Table: Detailed Medical Device Export Trends By Product Area, 2014
76
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
79
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
82
Monthly Medical Device Exports
85
Table: Monthly Medical Device Exports By Product Area, March 2012 - February 2015 (USDmn)
85
Macroeconomic Forecasts
87
Economic Analysis
87
Table: Economic Activity (South Africa 2010-2019)
92
Industry Risk/Reward Index
93
Industry Risk Reward Index
93
Table: MEA Medical Device Risk/Reward Index, Q315
94
Market Overview
95
Medical Device Market Overview
95
Table: Medical Device Market, Key Ratios, 2014
98
Table: Medical Device Market By Product Area, 2014
99
Healthcare Overview
100
Health Status
100
Healthcare System
102
Private Healthcare Providers
105
Healthcare Funding
109
Table: Government Health Spending, FY2014 - FY2015
113
Healthcare Resources
113
Table: Hospital Clinical Services, Audited Beds, 2011
114
Table: Medical Device Technology By Type (Public Sector)
117
Table: Percentage Failure on Vital Measures For Health Technology, 2011
118
Healthcare Activity
118
Healthcare Personnel
118
Key Healthcare Data
119
Table: Key Healthcare Data, 2009-2014
119
Industry Trends And Developments
122
Industry Trends & Developments
122
Table: Leading Medical Device Suppliers, 2010-2014 (USD000s)
122
Regulatory Development
143
Medical Device Regulations
143
Competitive Landscape
146
Domestic Medical Device Production
146
National Medical Device Manufacturers
146
Multinational Medical Device Manufacturers
149
Multinational Market Activity
150
Table: Multinational Market Activity, 2015
150
Medical Device Market Access
153
Distribution
153
Procurement
153
Trade Association
154
Methodology
155
Forecast Methodology
155
Trade Code Classifications
156
Table: Used HS Trade Codes
156
Table: Rearranged HS Trade Codes
158
Risk/Reward Index Methodology
161
Table: Medical Devices Risk/Reward Index Indicators
162
Sources
164
Contact
165

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.

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