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African Medical Device Market: Facts and Figures 2012
Date:12/13/2012

NEW YORK, Dec. 13, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

African Medical Device Market: Facts and Figures 2012 

http://www.reportlinker.com/p0285783/African-Medical-Device-Market-Facts-and-Figures-2012.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Medical_Equipment_and_Supply 

Why look at Africa?

With a population of over a billion people, Africa represents a vast potential market. The political and economic picture is improving in many areas, as conflicts are brought under control, and governments show a new willingness to use export revenues to boost healthcare.

Levels of external aid remain strong. While this can be a double-edged sword for the economy of the country in question, a large number of development projects are ongoing. Virtually the entire continent is wholly reliant on imports, which rose by an average of 7.5% per year in the 2006-10 period. The least-developed areas of central and eastern Africa experienced even higher growth rates.

Health Expenditure

Total health expenditure is estimated at US$117.0 billion in 2012. South Africa is expected to account for US$34.1 billion, equal to 29.1% of the total. With Egypt accounting for US$12.7 billion or 10.9%. Per capita expenditure for Africa as a whole is estimated at US$112 in 2012. This ranges from around US$393 in southern Africa, to US$42 or less in the central region. Disparities are wider than this, however. South Africa spends around US$700 per person, while many sp
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