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 : After a challenging 201 6 , 2017 will be a more positive year for the healthcare sector as the economy begins to pick up and health spending continues to grow, primarily to support the introduction of the national health insurance scheme . This will boost demand for medical devices with the market seeing high single-digit growth in local currency terms . Domestic production will continue to grow in sophistication, but the vast majority of the market will remain dependent on imports.

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 1,043.2 19.1 13,232.1 242.8 12.7
2016 919.8 16.7 14,388.1 261.7 15.6
2017 964.9 17.4 15,703.8 283.3 16.3
2018 1,012.3 18.1 17,108.6 306.2 16.9
2019 1,075.7 19.1 18,507.3 328.9 17.2
2020 1,140.1 20.1 19,968.9 352.4 17.5

Latest Updates And Key Forecasts

  • We forecast that the market will register a 2015-2020 CAGR of 8.6% in local currency terms, which will raise the market from ZAR13.2bn in 2015 to ZAR20.0bn in 2020. Market growth in US dollars will be much weaker due to currency weakness. We forecast a 2015-2020 CAGR of 1.8%, which will raise the market from USD1.0bn in 2015 to USD1.1mn in 2020.

  • 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 6.9% y-o-y for the three months to April 2016. In the 12 months to April 2016, imports fell by 4.9% y-o-y 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 April 2016, exports recorded a 25.8% decrease y-o-y in US dollar terms. In the 12 months to April 2016, exports fell by 11.9% y-o-y in US dollar terms to USD173.4mn.

  • The Helen Joseph Hospital Audiology team has acquired new audiometric equipment which is the latest model in the market. The machine is one of only three machines available in the country. We note that hospitals in South Africa will continue to modernise their equipment and expand their services.

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
15
Table: Detailed Medical Device Market By Product Area, 2010-2020 (USDmn)
17
Consumables Market Forecast
21
Latest Updates
21
Structural Trends
22
Bandages & Dressings
23
Suturing Materials
23
Syringes, Needles & Catheters
23
Other Consumables
23
Table: Consumables Market, 2010-2020 (USDmn)
24
Table: Consumables Market, 2011-2020 (USDmn, % Change)
25
Diagnostic Imaging Market Forecast
26
Latest Updates
26
Structural Trends
27
Electrodiagnostic Apparatus
28
Radiation Apparatus
28
Imaging Parts & Accessories
28
Table: Diagnostic Imaging Market, 2010-2020 (USDmn)
29
Table: Diagnostic Imaging Market, 2011-2020 (USDmn, % Change)
30
Dental Products Market Forecast
31
Latest Updates
31
Structural Trends
32
Capital Equipment
33
Instruments & Supplies
33
Table: Dental Products Market, 2010-2020 (USDmn)
33
Table: Dental Products Market, 2011-2020 (USDmn, % Change)
34
Orthopaedics & Prosthetics Market Forecast
35
Latest Updates
35
Structural Trends
36
Fixation Devices
37
Artificial Joints
37
Other Artificial Body Parts
37
Table: Orthopaedics & Prosthetics Market, 2010-2020 (USDmn)
38
Table: Orthopaedics & Prosthetics Market, 2011-2020 (USDmn, % Change)
38
Patient Aids Market Forecast
39
Latest Updates
39
Structural Trends
40
Portable Aids
41
Therapeutic Appliances
41
Table: Patient Aids Market, 2010-2020 (USDmn)
42
Table: Patient Aids Market, 2011-20120 (USDmn, % Change)
43
Other Medical Devices Market Forecast
44
Latest Updates
44
Structural Trends
45
Table: Other Medical Devices Market, 2010-2020 (USDmn)
46
Table: Other Medical Devices Market, 2011-2020 (USDmn, % Change)
47
Annual Medical Device Imports
48
Table: Medical Device Imports By Product Area, 2011-2015 (USD000s)
52
Table: Medical Device Imports By Product Area, 2011-2015 (Local Currency 000s)
53
Table: Top 20 Medical Device Suppliers, 2015 (USD000s)
55
Table: Detailed Medical Device Imports By Product Area, 2011-2015 (USD000s)
56
Table: Detailed Medical Device Import Trends By Product Area, 2015
59
Table: Detailed Leading Medical Device Suppliers By Product Area, 2015 (USD000s)
62
Monthly Medical Device Imports
65
Table: Monthly Medical Device Imports By Product Area, Year ending April 2016 (USDmn)
65
Annual Medical Device Exports
66
Table: Medical Device Exports By Product Area, 2011-2015 (USD000s)
70
Table: Medical Device Exports By Product Area, 2011-2015 (Local Currency 000s)
71
Table: Top 20 Medical Device Destinations, 2015 (USD000s)
73
Table: Detailed Medical Device Exports By Product Area, 2011-2015 (USD000s)
74
Table: Detailed Medical Device Export Trends By Product Area, 2015
77
Table: Detailed Leading Medical Device Destinations By Product Area, 2015 (USD000s)
80
Table: Detailed Medical Device Trade Balance, 2011-2015 (USD000s)
84
Monthly Medical Device Exports
87
Table: Monthly Medical Device Exports By Product Area, Year Ending April 2016 (USDmn)
87
Industry Risk/Reward Index
88
Industry Risk Reward Index
88
Table: MEA Medical Device Risk/Reward Index, Q416
89
Market Overview
90
Medical Device Market Overview
90
Table: Medical Device Market, Key Ratios, 2015
90
Table: Medical Device Market By Product Area, 2015
91
Healthcare Overview
92
Health Status
92
Healthcare System
93
Private Healthcare Providers
94
Healthcare Funding
94
Healthcare Resources
97
Table: Medical Device Technology By Type (Public Sector)
100
Table: Percentage Failure on Vital Measures For Health Technology, 2011
100
Healthcare Activity
101
Healthcare Personnel
101
Key Healthcare Data
102
Table: Key Healthcare Data, 2010-2015
102
Industry Trends And Developments
104
Industry Trends & Developments
104
Table: Leading Medical Device Suppliers, 2010-2015 (USDMN)
104
Regulatory Development
116
Medical Device Regulations
116
Medical Device Pricing & Reimbursement
119
Procurement
119
Competitive Landscape
120
Domestic Medical Device Production
120
National Medical Device Manufacturers
120
Multinational Medical Device Manufacturers
124
Multinational Market Activity
125
Becton Dickinson
125
Boston Scientific
125
Elekta
125
General Electric
126
Johnson & Johnson
127
Medtronic
128
Philips
128
Siemens
129
Smith & Nephew
130
Stryker
130
Medical Device Market Access
131
Distribution
131
Procurement
131
Trade Association
132
Trade Fair
132
Methodology
133
Forecast Methodology
133
Trade Code Classifications
134
Table: Rearranged HS Trade Codes
135
Risk/Reward Index Methodology
138
Table: Medical Devices Risk/Reward Index Indicators
139
Sources
141
Contact
142

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.