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The Africa medical devices market size is forecast to increase by USD 2.33 billion at a CAGR of 8.09% between 2023 and 2028. The market’s expansion is driven by several key factors. A major driver is the increasing prevalence of chronic diseases in Africa. As the incidence of conditions such as diabetes, hypertension, and respiratory diseases rises, there is a growing demand for medical services and products to manage these health issues. Additionally, the rising number of hospitals and clinics across Africa contributes significantly to market growth. The expansion of healthcare facilities enhances access to medical care and supports the demand for various healthcare products and services. Furthermore, the increase in cardiovascular diseases (CVDs) in Africa is another critical factor. As CVDs become more prevalent, there is an escalating need for effective diagnostic tools, treatments, and preventive measures. Together, the rising chronic disease rates, the growth in healthcare infrastructure, and the increasing burden of CVDs are collectively driving substantial market growth across the continent.
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The market is advancing rapidly due to significant biotechnology developments and technological advancements. Innovations are addressing a wide range of disorders and acute illnesses, from cardiovascular disorders to chronic obstructive pulmonary disease. Key players are focusing on improving devices for the heart, brain, joints, and respiratory system, as well as addressing ocular illnesses and hearing issues. Surgical robots are enhancing precision in medical procedures, while advancements in pacemaker implementations and lateral lumbar interbody system waveform are improving patient outcomes. The market also encompasses periodontal illnesses and age-related macular degeneration, with companies like Getinge leading the way in innovation. The Heart Association and Medical Sciences fields are critical in driving research and development, addressing both noncardiovascular morbidities and specialized needs in cardiac dysrhythmias. As the market evolves, it continues to offer new solutions for acute and chronic conditions, reflecting the ongoing advancements in medical technology.
One of the key factors driving the medical devices market growth is the increasing number of chronic diseases in Africa. There is a growing concern for chronic diseases in Africa. One of the key contributors to the rising prevalence of chronic diseases in the region is the adoption of urban lifestyles. Individuals are at risk of developing chronic diseases such as obesity, hypertension, and diabetes due to these lifestyle changes.
The aging population is another significant factor that has major implications for the prevalence of chronic diseases in Africa. For instance, as the population ages, there is an increased risk of developing chronic diseases, including arthritis, dementia, and cancer. Thus, the increase in the number of NCDs is expected to increase the adoption of medical devices in Africa during the forecast period.
A key factor shaping the medical devices market growth is the increase in the adoption of wearable medical devices. Due to the rise in chronic diseases such as diabetes, hypertension, and CVD, there has been a significant growth in the adoption of wearable medical devices in Africa. The demand for these devices is increasing due to their ability to monitor and manage various health conditions, improve the quality of life, and reduce the cost of healthcare.
For instance, an example of a wearable medical device that has gained popularity in Africa is the smart insulin pen. This device is designed to assist diabetic patients in managing their insulin intake, ensuring they take the right amount of insulin at the right time intervals. Thus, such an increase in the adoption of wearable medical devices can significantly contribute to the medical devices market growth in Africa.
High cost of medical devices is one of the key challenges hindering the medical devices market growth. One of the significant barriers to providing quality healthcare for people in Africa is the high cost of medical devices. Factors such as a lack of local production, high import duties, and inadequate regulatory frameworks contribute to the high cost of medical devices.
For instance, most medical devices used in African hospitals and clinics are imported from Europe, Asia, and North America, which makes them more expensive due to import duties, shipping costs, and currency exchange rates. Thus, the above factors can hinder the medical devices market in Africa during the forecast period.
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market growth and forecasting report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Boston Scientific Corp: The company offers medical devices such as Snowden Pencer laparoscopic instruments and V.Mueller open instrumentation.
The market growth and trends report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth by the hospitals and clinics segment will be significant during the forecast period. Healthcare and clinic services in the medical device market are essential for the advancement of healthcare in Africa. As Africa has a very diverse and complicated healthcare system, which poses as a significant barrier for accessing quality healthcare for many patients. As a result, healthcare and clinic services are essential in providing accessible healthcare to patients, especially those in remote areas.
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The hospitals and clinics segment was valued at USD 2.71 billion in 2018. One prime example of healthcare and clinic services in the medical device market in Africa is telemedicine. It enables patients to receive medical consultation and healthcare services remotely without the need to visit a hospital or clinic physically. For instance, in Nigeria, the E-Health platform helps doctors to diagnose and provide treatment to patients from anywhere in the country, including remote areas. It enables patients to receive medical consultations from anywhere at any time. Thus, the increasing adoption of healthcare and clinic services can significantly drive the medical market growth in Africa during the forecast period.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
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The market is rapidly evolving with innovations spanning various specialties, including age-related macular degeneration, cardiology devices, and orthopedics. Key segments like diagnostic devices and monitoring devices are pivotal, featuring advanced AI-powered wearable lung monitors and endoscopic ultrasound systems. The cardiology devices segment includes critical tools such as defibrillators, pacemakers, catheters, grafts, heart valves, and stents, addressing conditions like high cholesterol, coronary heart diseases, and heart failure.
Further, automation and robotics are enhancing the precision of surgical devices and drug delivery devices, while personal protective equipment, including face masks and hand sanitizers, remains essential in managing acute respiratory syndrome and cardiopulmonary diseases. The geriatric population drives demand for home and ambulatory devices, reflecting a shift towards more accessible healthcare solutions. Strict regulations and reimbursement concerns are key factors influencing market dynamics, alongside rising healthcare expenditures and a focus on genetic, biological, and psychosocial factors in neurology, ophthalmology, and other domains.
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Market Scope |
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Report Coverage |
Details |
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Page number |
166 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.09% |
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Market growth 2024-2028 |
USD 2.33 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
7.32 |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Becton Dickinson and Co., Boston Scientific Corp., Canon Inc., CapeRay Medical Pty Ltd., Danaher Corp., DISA Life Sciences, F. Hoffmann La Roche Ltd., Fresenius SE and Co. KGaA, Gabler Medical UK Ltd., General Electric Co., Johnson and Johnson Services Inc., Koninklijke Philips N.V., Lodox Systems Pty Ltd., Medtronic Plc, Olympus Corp., Shenzhen Mindray BioMedical Electronics Co. Ltd, Siemens AG, Sinapi Biomedical, Stryker Corp., TiTaMED, and Zimmer Biomet Holdings Inc. |
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Market dynamics |
Parent market analysis, Market forecast, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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