South Africa Medical Devices Market

Medical Devices Overview

  • South Africa is one of the largest markets in the Middle East & Africa (MEA) region, similar in size to Iran.
  • Market size is supported by a large population and Africa’s most industrialised economy.
  • Spending on medical devices as a proportion of wealth is around average for the MEA region.
  • ‘Other medical devices’ accounts for nearly 40% of the total market.
  • As an emerging market it offers considerable potential for growth.
  • National Health Insurance programme is in the early stages of implementation.
  • Limited medical device production, therefore market largely dependent on imports.

Market Overview

The South Africa medical device market will register a 9.1% CAGR between 2017-2018 according to a recent Fitch Solutions report. This significant growth will raise the market to USD 1.27 bn by 2018 with a product category breakdown that looks like this:

South Africa Medical Device Market by Product Category in 2018

Devices USD Millions
Consumables 241.00
Diagnostic Imaging 199.30
Orthopaedics & Prosthetics 153.70
Patient Aids 156.00
Dental Products 41.30
Other Medical Devices 487.10
TOTAL 1,278.40

Sub-Saharan Africa will benefit medical device exports

Medical device exports will benefit from accelerating economic growth in Sub-Saharan Africa, supported by higher commodity prices and growing investor sentiment, although the region remains highly vulnerable to political uncertainty.

South Africa is the primary business hub for the medical device industry in Sub-Saharan Africa. A substantial portion of medical device and lab equipment exports are sent to other parts of Africa, with 12 African nations featuring in its top 20 export destinations last year.

Top Sub-Saharan Destinations for Medical Devices from South Africa, 2017

Country USD Millions
Namibia 31.46
Botswana 18.85
Uganda 9.80
Swaziland 9.69
Zimbabwe 9.55
Zambia 5.90
Kenya 5.85
Mozambique 4.82
Lesotho 3.91
Malawi 3.47
Tanzania 3.29
Mauritius 2.64
Democratic Republic of Congo 2.23