South Africa Medical Device Market is predictable to raise at a CAGR of 8.97 % during the forecasting period 2018 – 2024

New Study on “South Africa Medical Device Market” added to OrbisResearch.com database.

Dallas, United States - January 15, 2018 /MarketersMedia/ —

“South Africa Medical Device Market, Rules and Regulation 2018-2024” provides, wherever applicable and relevant, technical data of products, and sheds useful light on expected commercial production dates and current R&D status. This report will help the viewer in Better Decision Making.

South Africa medical device market is expected to grow at a CAGR of 8.97 percent during the forecasting period 2018 - 2024 due to public-private partnerships to develop hospitals, government new health insurance schemes and growing ageing population. It is predicted that ageing population in South Africa will double by 2050 from the present figure. Around 90 percent of the total South African market is mainly contributed by multinational healthcare company. In orthopedics, consumables, prosthetics and patient aids segments, United States is dominating in South African market. However, for cost cutting most of the medical device buyers are looking for Asian countries.

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Medical Device Segments – Market & Forecast:
1. Syringe, Needle & Catheter Device
2. Electro-diagnostic
3. Imaging Parts & Accessories
4. Fixation Devices
5. Dental Products Device (Total)
6. Radiation Apparatus
7. Dental Instruments & Supplies
8. Ultra Sound
9. Medical X-ray Film (flat)
10. Scintigraphic Apparatus
..Continued

This report is useful for those who want to know:
• Medical device market in South Africa at present its forecast
• Medical device segments market & its forecast
• Medical device registration process in South Africa
• Growth and Challenges for Medical device segments in South Africa

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South Africa Medical Device Market, Rules & Regulation, By (Syringe, Needle & Catheter Device, Electro-diagnostic, Imaging Parts & Accessories, Fixation Devices, Dental Products Device, Radiation Apparatus, Dental Instruments & Supplies, Ultra Sound, Medical X-ray Film, Scintigraphic Apparatus, CT Scanners, Ostomy Products & Dental Drills)” is a market research report published by Renub Research on medical device market of South Africa.
This 92 page report with 31 Figures and 3 Tables studies the South Africa medical device market from 5 view points:
1. South Africa Medical Devices Market & Forecast
2. South Africa Medical Devices Market Share & Forecast
3. South Africa Market by (Syringe, Needle & Catheter Device, Electro-diagnostic, Imaging Parts & Accessories, Fixation Devices, Dental Products Device (Total), Radiation Apparatus, Dental Instruments & Supplies, Ultra Sound, Medical X-ray Film (flat), Scintigraphic Apparatus, CT Scanners, Ostomy Products, Dental Drills, Others)
4. Rules & Regulation in South Africa Medical Device and IVDs Industry
5. South Africa Medical Device Growth Drivers & Challenges

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Regulators Set New Licensing Rules for Medical Device Companies:
South African Medicines Control Council set new licensing rules on August 24, 2017 for all domestic medical device companies and distributors that they must register with MCC within the specified deadline February 2018. This rule is not applicable for multinational healthcare companies but all medical device importers must obtain MCC licenses.

Syringe, Needle & Catheter is dominating segment in South Africa Medical Device Market:
Syringe, Needle & Catheter is dominating segment in South Africa Medical Device Market but it is expected that its share will steadily decline in forecasting period 2018 - 2024. In 2017, Syringe, Needle & Catheter, Electro-Diagnostic and Imaging Parts & Accessories are the top three segments which together hold more than half of the total South Africa medical device market share. The other major segments such as Dental Products, Radiation Apparatus, Dental Instruments & Supplies, Ultra Sound, Medical X-ray Film and Dental X-ray contributed in a single digit market share in 2017.

Major Points from TOC:
1. Executive Summary
2. South Africa Medical Device Market
3. Market Share Analysis – South Africa Medical Device
4. By Segments - South Africa Medical Device Market
5. South Africa - Medical Device and IVD Regulations
6. Growth Drivers (Due to data confidentiality, growth drivers have not been disclosed in this table of contents)
7. Challenges (Due to data confidentiality, challenges have not been disclosed in this table of contents)

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Release ID: 287344