Africa healthcare sector valued at $35b in 2016, Goldstein Research
According to Goldstein Research, Africa healthcare sector outlook is expected to grow at a CAGR of 6% over the forecast period from $35 billion in 2016.
The growth of Africa healthcare sector is driven by hospitals/clinics establishment, in-country manufacturing, increasing options for micro-insurance, improvisation of care delivery, more solutions for providing POC healthcare, increasing focus on home diagnostics.
African healthcare sector outlook segmentation has been done on the basis of product type, sector, application end-user and geography. Africa provides growing opportunities not only to medical suppliers but also to companies to establish themselves in Africa for training, service and low-cost manufacturing.
African healthcare sector has most developing opportunities in Botswana, South Africa, Mauritius and Lesotho. Ethiopia is also among the major countries prospecting growth.
Market Segmentation
On the basis of our in-depth analysis, Africa Healthcare Sector Outlook can be segmented as follows:
By Type
- Pharmaceuticals
- Services
- Devices (medical equipment)
- Others (reagents and disposables)
By Sector
- Public
- Private
By Application
- Cardiovascular
- Oncology
- Anti-infection
- CNS
- Respiratory
- Others (dermatology, dentistry, diabetes, etc)
By End User
- Hospitals/clinics
- Diagnostic Labs
- Homecare Settings
- Research and Development Centers
On the basis of region
- North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
- Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
“Africa Healthcare Sector Outlook2024” contains a detailed overview of the Africa healthcare sector outlook. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by type, sector, application and end-user.
Further, for the in-depth analysis, Africa Healthcare Sector Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
This industry analysis report also includes competitive outlook of some of the major players profiling of companies such asSiemens, LIFE Healthcare Group, Mediclinic International, Netcare, Litha Healthcare Group, Medtronic, Roche, Alere, GE Healthcare, B Braun, Abbott, etc.
The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the Africa healthcare sector outlook trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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