Enjoy complimentary customisation on priority with our Enterprise License!
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 is experiencing significant growth, particularly in the Cardiology Devices Segment due to the rising prevalence of cardiovascular diseases such as obesity, hypertension, and high cholesterol. The increasing adoption of advanced cardiology devices like electrocardiograms, defibrillators, pacemakers, catheters, grafts, heart valves, and stents is a major market trend. This growth is driven by the increasing awareness of early disease detection and the availability of government and international funding for healthcare infrastructure development. However, the high cost of medical devices remains a significant challenge, limiting access to these life-saving technologies for many Africans. Despite this, the market is expected to continue growing due to the increasing population and the rising burden of chronic diseases.
The market is witnessing significant growth due to the increasing prevalence of chronic diseases, acute illnesses, and disorders affecting various systems such as the heart, brain, joints, respiratory system, ocular illnesses, hearing issues, and periodontal illnesses. Biotechnology developments in medical sciences have led to technological advancements in medical devices, enabling early diagnosis and effective treatment of diseases and disorders. The African population suffers from a high burden of non-communicable diseases, including cardiovascular disorders and chronic diseases like diabetes. The African Heart Association has highlighted the need for advanced medical devices to manage cardiac dysrhythmias and implement pacemakers. Surgical robots are gaining popularity in Africa for their precision and minimally invasive nature, especially in cardiovascular and neurological surgeries.
Furthermore, the market for medical devices in Africa is expected to grow due to the rising incidence of chronic diseases and the increasing focus on improving healthcare infrastructure. Companies like Getinge are investing in the African market to cater to the growing demand for medical devices. The market is also witnessing the adoption of advanced medical devices for managing complex diseases and disorders, such as heart failure, stroke, and diabetes.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The Hospitals and clinics segment is estimated to witness significant growth during the forecast period. The medical device market in Africa plays a significant role in enhancing healthcare and clinic services, particularly in providing access to quality healthcare for a diverse population. This market encompasses various devices such as Surgical robots, Liquid biopsy, Hand sanitizers, Personal protective equipment, Face masks, Ventilators, Monitoring Devices, Diagnostic Devices, Drug Delivery Devices, Surgical Devices, Bio Implants, Stimulation Devices, and Automation and Robotics. One critical healthcare and clinic service in this market is telemedicine. Telemedicine is a technology-driven solution that bridges the gap between doctors and patients, enabling remote consultations and healthcare services. It is especially beneficial for patients in remote areas who may not have easy access to hospitals or clinics.
Additionally, the ongoing global health crisis has further highlighted the importance of telemedicine in reducing the risk of infection transmission. Other essential medical devices in Africa include Hand sanitizers, Personal protective equipment, Face masks, Ventilators, and Monitoring Devices, which have become crucial in preventing the spread of diseases and managing patients with respiratory conditions. Furthermore, Diagnostic Devices, Drug Delivery Devices, and Surgical Devices are essential in improving healthcare outcomes and enhancing the overall quality of care. In conclusion, the medical device market in Africa plays a vital role in advancing healthcare and clinic services, particularly in providing accessible healthcare to patients in remote areas. Telemedicine, Hand sanitizers, Personal protective equipment, Face masks, Ventilators, Monitoring Devices, Diagnostic Devices, Drug Delivery Devices, Surgical Devices, Bio Implants, Stimulation Devices, and Automation and Robotics are some of the essential medical devices that contribute to this goal.
Get a glance at the market share of various segments Request Free Sample
The hospitals and clinics segment was valued at USD 2.71 billion in 2018 and showed a gradual increase during the forecast period.
Our market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing number of chronic diseases in Africa is the key driver of the market. Chronic diseases, including cardiovascular diseases, cancers, respiratory disorders, diabetes, and other conditions, are becoming a significant health concern in Africa. According to the World Health Organization (WHO), non-communicable diseases (NCDs) accounted for approximately 29% of African deaths in 2019, a figure projected to rise to 46% by 2030. The adoption of urban lifestyles, which includes poor nutrition, physical inactivity, and tobacco use, is a major contributor to the increasing prevalence of chronic diseases in Africa.
Additionally, the continent's aging population further exacerbates the issue. Biotechnology developments offer promising solutions to address these health challenges. Medical devices, such as those used for heart, brain, joint, ocular, hearing, and periodontal illnesses, play a crucial role in diagnosing, monitoring, and treating chronic diseases. These devices can help improve patient outcomes, reduce healthcare costs, and enhance overall healthcare delivery in Africa.
An increase in adoption of wearable medical devices is the upcoming trend in the market. In Africa, the adoption of wearable medical devices has experienced notable growth, primarily driven by the increasing prevalence of chronic diseases such as diabetes, hypertension, and cardiovascular diseases (CVD).
Furthermore, these conditions necessitate continuous monitoring and management, which wearable devices effectively address. Wearable medical devices have gained popularity due to their ability to improve quality of life, reduce healthcare costs, and provide real-time health data. For instance, the smart insulin pen, designed for diabetic patients, enables precise insulin dosage administration and adherence to prescribed schedules. Similarly, devices targeting the heart, brain, joints, respiratory system, ocular illnesses, hearing issues, and periodontal illnesses have significant potential in Africa's healthcare landscape. These devices contribute to early detection, timely intervention, and effective management of various diseases and disorders, ultimately improving overall health outcomes.
The high cost of medical devices is a key challenge affecting the market growth. The African medical devices market faces significant challenges due to the high cost of imported devices, which is a major hindrance to providing adequate healthcare for many people. Factors contributing to this include insufficient local production, burdensome import duties, and inadequate regulatory frameworks. Most medical devices utilized in African hospitals and clinics are imported from Europe, Asia, and North America, leading to increased costs due to import taxes, shipping fees, and currency fluctuations.
Furthermore, to address this issue, African countries need to invest in local production of medical devices to reduce costs and enhance access. Biotechnology developments offer opportunities to produce cost-effective medical devices for chronic diseases, acute illnesses, and disorders affecting the heart, brain, joints, respiratory system, ocular illnesses, hearing issues, and periodontal illnesses. By fostering a conducive business environment, governments can attract investments in medical device manufacturing and research, ultimately improving healthcare outcomes for their populations.
The market forecasting 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 report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
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 research and growth report includes detailed analyses of the competitive landscape of the market and information about key 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 is witnessing significant growth due to the rising prevalence of chronic diseases, acute illnesses, and disorders affecting various systems in the human body, including the heart, brain, joints, respiratory system, ocular illnesses, hearing issues, and periodontal illnesses. Technological advancements in biotechnology developments and automation and robotics are driving the demand for surgical robots, liquid biopsy, hand sanitizers, personal protective equipment, face masks, ventilators, monitoring devices, diagnostic devices, drug delivery devices, surgical devices, bio implants, stimulation devices, and other medical devices. Patients with age related macular degeneration often face various chronic diseases, including chronic obstructive pulmonary disease and noncardiovascular morbidities, which can complicate treatment options such as pacemaker implementations and surgical procedures involving systems like the lateral lumbar interbody system waveform. The cardiology devices segment is a major contributor to the market, with the increasing prevalence of cardiovascular disorders such as cardiac dysrhythmias, obesity, hypertension, high cholesterol, and coronary heart diseases.
Furthermore, the geriatric population's growing needs and strict regulations regarding medical devices are also fueling market growth. The market is segmented into hospitals, ambulatory, and home care settings. The healthcare expenditures in Africa are increasing, leading to an expansion of diagnostic imaging, respiratory, orthopedics, cardiovascular, dental, neurology, ophthalmology, ear nose throat, nephrology, and urology services. The market is witnessing significant technological advancements in areas such as cardiology devices, diagnostic imaging, respiratory, orthopedics, cardiovascular, and neuro technologies. The demographic domain, biological factors, and psychosocial factors are key drivers of the market. Chronic diseases such as diabetes, cardiovascular diseases, and respiratory diseases are on the rise, leading to a growing demand for medical devices. The market is expected to grow further due to the increasing adoption of endoscopic ultrasound systems, asthma inhalers, and other diagnostic and therapeutic devices.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
166 |
|
Base year |
2023 |
|
Historic period |
2017-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 8.09% |
|
Market Growth 2024-2028 |
USD 2.33 billion |
|
Market structure |
Fragmented |
|
YoY growth 2023-2024(%) |
7.32 |
|
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. |
|
Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
|
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. |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this market research report to meet your requirements Get in touch
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
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
