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CIVETS Medical Device Market Reports
Date:9/2/2013

OUTH AFRICA

The medium-term prospects for the medical device industry looks encouraging; based on current trends, the South Africa medical device market, of which over 90% is supplied by imports, is expected to grow at a CAGR of 1.3% from 2011-2016. A key driver of growth is expected to be the public-private partnerships to develop hospitals in South Africa but this could be tempered slightly, by a depreciating rand against the US dollar and the general state of the South African economy. The AIDS situation is dire in South Africa. According to projections from the EIU, the population of South Africa will start to decline from 2011, not normal for a country which has a relatively low elderly demographic (estimated 5.7% of the total population in 2011) and one of the highest birth rates in the world.

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CIVETS Medical Device Market Reports

Colombia

Indonesia

Vietnam

Egypt

Turkey

South Africa

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