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

end less than US$50.

Public expenditure will amount to US$55.7 billion in 2012, or 47.6% of the total. South Africa is expected to account for US$13.7 billion of this, followed by around US$7.2 billion for Algeria, and US$5.2 billion each for Egypt and Nigeria. These countries have well-developed private hospital sectors, but in many countries private expenditure accounts for a high percentage of spending simply because there is very little public spending. Excepting South Africa, private expenditure is almost wholly on an out-of-pocket or charitable basis.

Import dependent medical equipment and supplies market tops US$3.2 billion

African countries rely on imported medical equipment and supplies which were valued at just over US$3.2 billion in 2010. This was a rise of 4.9% over 2009. Growth in imported medical products has been strong over the past few years, with a CAGR of 7.5% for the 2006-10 period. The fastest growth was recorded in western and northern Africa, with a more mixed picture elsewhere.

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