Navigation Links
Not All Gloomy for African Healthcare Markets: Frost & Sullivan Finds Potential Despite the Recession
Date:5/11/2009

CAPE TOWN, South Africa, May 11 /PRNewswire/ -- Africa's healthcare markets are starting to feel the effects of the global economic slowdown. Pressures from the global environment have led to rising health costs and constrained healthcare resources.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

"Countries that have been hardest hit are those whose economies are largely driven by commodity exports," says Frost & Sullivan (http://www.healthcare.frost.com) healthcare analyst Ishe Zingoni. "In some countries, plunging commodity prices have led to mine closures and mass lay-offs. Medical aid schemes, which cater mostly for the mining sector, are consequently facing dwindling membership bases."

The global recession has also weakened African currencies, thus raising the cost of imported products. In addition, with most donor countries in recession, uncertainty persists whether donors will be able to fulfill on their pledged contributions to a continent where foreign aid remains the bedrock of healthcare funding.

To offer decision makers a comprehensive overview of the effects of the global economic slowdown on Africa's healthcare markets, the Healthcare Group at Frost & Sullivan will be hosting an online analyst briefing on Tuesday 19 May 2009 at 2:00 pm BST/ 3:00pm CAT.

"Healthcare markets in Africa have not been spared the effects of the global recession," Zingoni says. "Under these conditions, the share of affordable generic drugs is expected to increase more significantly as healthcare funders struggle to contain costs and donors seek more effective use of limited resources."

The presentation will benefit suppliers of healthcare products, decision makers in funding institutions and healthcare investors by accurately discussing the impact of the crisis on the prospects of healthcare companies in Africa.

To participate, please email Patrick Cairns at patrick.cairns@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

Attend an Analyst Briefing and receive a chance for a complimentary admission to Frost & Sullivan's flagship event, Growth Innovation & Leadership: A Frost & Sullivan Global Congress on Corporate Growth. GIL Global connects senior executives with innovative ideas and strategies that will accelerate the growth rates of their companies. Please visit GIL Global at http://www.gil-global.com, for more information.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

    Contact:
    Patrick Cairns
    Corporate Communications
    T: +27 18 468 2315
    E: patrick.cairns@frost.com
   http://www.frost.com


'/>"/>
SOURCE Frost & Sullivan
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Gloomy forecast for Nobel Direct after 3 years
2. The Flag Company, Inc. Releases 'Feel Good' Light Lenses to Help Counter Gloomy Economic Outlook
3. Tough Recessionary Times, but Frost & Sullivan Believes Its Not All Gloomy for African Healthcare Markets
4. Scientists detect presence of marburg virus in african fruit bats
5. Primary biliary cirrhosis more severe in African-American and Hispanic patients
6. The African Medical and Research Foundation (AMREF) Honors Merck & Co., Inc. with Global Corporate Philanthropy Award
7. Safe Blood for Africa Foundations African Club 25 Greatly Reducing HIV Infections in African Youth
8. Older African-American men with HIV often have sex without condoms
9. National Conference Aims to Eliminate Disparities in Cancer Treatment and Deaths for African Americans
10. JAMA study shows what works in treating HIV-infected African children
11. Education program leads to lasting improvement of cancer knowledge in African Americans
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... ... ... of Bruton Memorial Library on June 21 due to a possible lice infestation, as reported ... head lice: the parasite’s ability to live away from a human host, and to infest ... in the event that lice have simply gotten out of control. , As lice are ...
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, ... Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments in ... the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott in ...
(Date:6/24/2016)... CA (PRWEB) , ... June 24, 2016 , ... Marcy was in a crisis. Her ... would lash out at his family verbally and physically. , “When something upset him, he ... he would use it. He would throw rocks at my other children and say he ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... Topical BioMedics, Inc, makers of Topricin and ... that call for a minimum wage raise to $12 an hour by 2020 and then ... will restore the lost value of the minimum wage, assure the wage floor does not ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... feeding the Frederick area economy by obtaining investment capital for emerging technology companies. ... 2½ years that have already resulted in more than a million dollars of ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 2016   Pulmatrix, Inc ., (NASDAQ: ... drugs, announced today that it was added to the ... its comprehensive set of U.S. and global equity indexes ... important milestone for Pulmatrix," said Chief Executive Officer ... our progress in developing drugs for crucial unmet medical ...
(Date:6/24/2016)... , June 24, 2016  Arkis BioSciences, ... less invasive and more durable cerebrospinal fluid treatments, ... funding.  The Series-A funding is led by Innova ... Fund, and other private investors.  Arkis, new financing ... instrumentation and the market release of its in-licensed ...
(Date:6/23/2016)... 23, 2016 Research and Markets has ... - Forecast to 2022" report to their offering. ... for the patients with kidney failure, it replaces the function ... the patient,s blood and thus the treatment helps to keep ... in balance. Increasing number of ESRD patients ...
Breaking Medicine Technology: