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.

  • The launch of a world-first imaging system that combines mammographic and ultrasound technologies is an indication that domestic production is growing in sophistication. The Aceso device, designed and developed by Cape Town's medical technology company Cape Ray and launched by the Department of Science and Technology, will be one of the most advanced medical devices to be produced locally.

BMI Industry View
7
Table: Projected Medical Device Market, 2015-2020
7
Latest Updates and Key Forecasts
7
SWOT
8
Medical Device Market
8
Industry Forecast
11
Medical Device Market Forecast
11
Latest Updates
11
Structural Trends
11
Table: Detailed Medical Device Market By Product Area, 2010-2020 (USDmn)
13
Consumables Market Forecast
18
Latest Updates
18
Structural Trends
18
Bandages & Dressings
18
Suturing Materials
19
Syringes, Needles & Catheters
19
Other Consumables
19
Table: Consumables Market, 2010-2020 (USDmn)
20
Table: Consumables Market, 2011-2020 (USDmn, % Change)
21
Diagnostic Imaging Market Forecast
23
Latest Updates
23
Structural Trends
23
Electrodiagnostic Apparatus
24
Radiation Apparatus
24
Imaging Parts & Accessories
24
Table: Diagnostic Imaging Market, 2010-2020 (USDmn)
25
Table: Diagnostic Imaging Market, 2011-2020 (USDmn, % Change)
26
Dental Products Market Forecast
28
Latest Updates
28
Structural Trends
28
Capital Equipment
29
Instruments & Supplies
29
Table: Dental Products Market, 2010-2020 (USDmn)
29
Table: Dental Products Market, 2011-2020 (USDmn, % Change)
30
Orthopaedics & Prosthetics Market Forecast
32
Latest Updates
32
Structural Trends
32
Fixation Devices
33
Artificial Joints
33
Other Artificial Body Parts
33
Table: Orthopaedics & Prosthetics Market, 2010-2020 (USDmn)
33
Table: Orthopaedics & Prosthetics Market, 2011-2020 (USDmn, % Change)
34
Patient Aids Market Forecast
35
Latest Updates
35
Structural Trends
35
Portable Aids
35
Therapeutic Appliances
36
Table: Patient Aids Market, 2010-2020 (USDmn)
37
Table: Patient Aids Market, 2011-20120 (USDmn, % Change)
37
Other Medical Devices Market Forecast
39
Latest Updates
39
Structural Trends
39
Table: Other Medical Devices Market, 2010-2020 (USDmn)
39
Table: Other Medical Devices Market, 2011-2020 (USDmn, % Change)
40
Annual Medical Device Imports
42
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
45
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
46
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
48
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
49
Table: Detailed Medical Device Import Trends By Product Area, 2014
52
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
55
Monthly Medical Device Imports
58
Table: Monthly Medical Device Imports By Product Area, Year ending December 2015 (USDmn)
58
Annual Medical Device Exports
59
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
63
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
64
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
66
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
67
Table: Detailed Medical Device Export Trends By Product Area, 2014
70
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
73
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
76
Monthly Medical Device Exports
79
Table: Monthly Medical Device Exports By Product Area, Year Ending December 2015 (USDmn)
79
Industry Risk/Reward Index
80
Industry Risk Reward Index
80
Table: MEA Medical Device Risk/Reward Index, Q216
81
Market Overview
82
Medical Device Market Overview
82
Table: Medical Device Market, Key Ratios, 2015
82
Table: Medical Device Market By Product Area, 2015
83
Healthcare Overview
84
Health Status
84
Healthcare System
85
Private Healthcare Providers
86
Healthcare Funding
86
Healthcare Resources
89
Table: Medical Device Technology By Type (Public Sector)
92
Table: Percentage Failure on Vital Measures For Health Technology, 2011
92
Healthcare Activity
93
Healthcare Personnel
93
Key Healthcare Data
94
Table: Key Healthcare Data, 2010-2015
94
Industry Trends And Developments
96
Industry Trends & Developments
96
Table: Leading Medical Device Suppliers, 2010-2015 (USDmn)
96
Regulatory Development
104
Medical Device Regulations
104
Medical Device Pricing & Reimbursement
107
Procurement
107
Competitive Landscape
108
Domestic Medical Device Production
108
National Medical Device Manufacturers
108
Multinational Medical Device Manufacturers
112
Multinational Market Activity
113
Table: Multinational Market Activity, 2016
113
Medical Device Market Access
117
Distribution
117
Procurement
117
Trade Association
118
Methodology
119
Forecast Methodology
119
Trade Code Classifications
120
Table: Rearranged HS Trade Codes
121
Risk/Reward Index Methodology
124
Table: Medical Devices Risk/Reward Index Indicators
125
Sources
127
Contact
128

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.