From smartphones to the internet-of-things (IoT), the innovations empower patients to proactively manage health conditions, monitor vital signs, adhere to treatment plans, and engage with healthcare providers. However, the global healthcare landscape faces significant challenges. A rise in the aging population, prevalence of sedentary lifestyles and unhealthy dietary habits has led to a staggering surge in chronic illnesses. Non-communicable diseases (NCDs) now account for a staggering 41 million deaths annually worldwide, underscoring the urgent need for innovative solutions.
As per Statista, the healthcare market’s volume in the Southern African Development Community (SADC) is estimated to total USD 36.86 billion in 2024. The industry is expected to grow to USD 44.33 billion at a CAGR of 4.71% between 2024 and 2028.