Medical Devices Market in Africa 2024-2028
Global Medical Devices Market In Africa 2024-2028
The medical devices market in africa is forecasted to grow by USD 2332.3 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the medical devices market in africa provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of chronic diseases in africa, increase in number of hospitals and clinics in africa, and increase in number of cvd in africa.
Technavio's medical devices market in africa is segmented as below:
- By End-user
- Hospitals and clinics
- Diagnostic centers
- Others
- By Type
- In-vitro diagnostics
- Cardiovascular devices
- Diagnostic equipment
- Dental equipment
- Others
- By Geographical Landscape
- Africa
This study identifies the increase in adoption of wearable medical devices as one of the prime reasons driving the medical devices market in africa growth during the next few years. Also, rise in technological advancements in medical device and increase in new launches of medical devices in africa will lead to sizable demand in the market.
The report on the medical devices market in africa covers the following areas:
- Medical devices market in africa sizing
- Medical devices market in africa forecast
- Medical devices market in africa industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical devices market in africa vendors that include 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.. Also, the medical devices market in africa analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.