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 . 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. Implementation of the national health insurance programme has moved a step forward with the publication of the white paper in December 2015, but the lengthy timeframe for implementation will limit its impact in the short term.

Projected Medical Device Market, 2014-2019
Total (USDmn) Per Capita (USD) Total (Local Currency mn) Per Capita (Local Currency) Exchange Rate (Local Currency/USD)
Source: BMI
2014 1,181.6 22.2 12,818.7 241.2 10.8
2015 1,114.9 20.8 13,602.0 254.3 12.2
2016 1,185.4 22.0 14,829.8 275.5 12.5
2017 1,228.6 22.7 15,984.3 295.1 13.0
2018 1,274.0 23.4 17,238.4 316.3 13.5
2019 1,316.0 24.0 18,518.5 337.8 14.1

Latest Updates and Key Forecasts

  • We forecast the market will grow at a US dollar 2014-2019 CAGR of 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% due to currency depreciation, while the fall of the rand to below ZAR/USD 15 in December 2015 has increased the risk of a further contraction in 2016.

  • Despite an upturn mid year, we still expect medical device import performance in 2015 will be negative in US dollar terms, particularly given the current weak position of the South African rand. Imports fell by 1.2% y-o-y in US dollar terms to USD1.1bn in the twelve months ending July 2015.

  • We expect medical device exports will underperform in 2015 even with currency depreciation, which is making South African products cheaper in export markets . Exports fell by 5.5% y-o-y in US dollar terms to USD193.5mn in the 12 months ending July 2015.

  • Although the publication of the long awaited white paper on National Health Insurance in December 2015 is a positive step, the lengthy timeframe for implementation, along with funding issues against a backdrop of a deteriorating economic outlook and a high level of unemployment means any positive impact on the medical device market will not be felt for some time to come.

BMI Industry View
7
SWOT
10
Medical Device Market
10
Political
12
Economic
13
Operational Risk
14
Industry Forecast
16
Medical Device Market Forecast
16
2014-2019 Performance
16
Table: Projected Medical Device Market, 2014-2019
17
2009-2014 Performance
17
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
18
Consumables Market Forecast
23
Bandages & Dressings
23
Suturing Materials
23
Syringes, Needles & Catheters
23
Other Consumables
24
Table: Consumables Market, 2009-2019 (USDmn)
24
Table: Consumables Market, 2010-2019 (USDmn, % Change)
25
Diagnostic Imaging Market Forecast
26
Electrodiagnostic Apparatus
27
Radiation Apparatus
27
Imaging Parts & Accessories
27
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
28
Table: Diagnostic Imaging Market, 2010-2019 (USDmn, % Change)
29
Dental Products Market Forecast
30
Capital Equipment
31
Instruments & Supplies
31
Table: Dental Products Market, 2009-2019 (USDmn)
31
Table: Dental Products Market, 2010-2019 (USDmn, % Change)
32
Orthopaedics & Prosthetics Market Forecast
33
Fixation Devices
34
Artificial Joints
34
Other Artificial Body Parts
34
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
34
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn, % Change)
35
Patient Aids Market Forecast
36
Portable Aids
36
Therapeutic Appliances
36
Table: Patient Aids Market, 2009-2019 (USDmn)
37
Table: Patient Aids Market, 2010-2019 (USDmn, % Change)
37
Other Medical Devices Market Forecast
39
Table: Other Medical Devices Market, 2009-2019 (USDmn)
39
Table: Other Medical Devices Market, 2010-2019 (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 (USD000s % Change)
46
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
47
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s % Change)
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, July 2012 - June 2015 (USDmn)
60
Annual Medical Device Exports
62
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
66
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s % Change)
67
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
68
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s % Change)
69
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
71
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
72
Table: Detailed Medical Device Export Trends By Product Area, 2014
75
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
78
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
81
Monthly Medical Device Exports
84
Table: Monthly Medical Device Exports By Product Area, July 2012 - June 2015 (USDmn)
84
Macroeconomic Forecasts
86
Economic Analysis
86
Table: Economic Activity (South Africa 2010-2019)
90
Industry Risk/Reward Index
91
Industry Risk Reward Index
91
Table: MEA Medical Device Risk/Reward Index, Q415
92
Market Overview
93
Medical Device Market Overview
93
Table: Medical Device Market, Key Ratios, 2014
96
Table: Medical Device Market By Product Area, 2014
97
Healthcare Overview
98
Health Status
98
Healthcare System
100
Private Healthcare Providers
103
Healthcare Funding
106
Table: Government Health Spending, FY2014 - FY2015
110
Healthcare Resources
110
Table: Hospital Clinical Services, Audited Beds, 2011
111
Table: Medical Device Technology By Type (Public Sector)
114
Table: Percentage Failure on Vital Measures For Health Technology, 2011
115
Healthcare Activity
115
Healthcare Personnel
115
Key Healthcare Data
116
Table: Key Healthcare Data, 2009-2014
116
Industry Trends And Developments
119
Industry Trends & Developments
119
Table: Leading Medical Device Suppliers, 2010-2014 (USD000s)
119
Regulatory Development
132
Medical Device Regulations
132
Competitive Landscape
135
Domestic Medical Device Production
135
National Medical Device Manufacturers
135
Multinational Medical Device Manufacturers
138
Multinational Market Activity
139
Table: Multinational Market Activity, 2015
139
Medical Device Market Access
142
Distribution
142
Procurement
142
Trade Association
143
Methodology
144
Forecast Methodology
144
Trade Code Classifications
145
Table: Rearranged HS Trade Codes
146
Risk/Reward Index Methodology
149
Table: Medical Devices Risk/Reward Index Indicators
150
Sources
152
Contact
153

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.