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Ghana Medical Devices Report Q1 2016

Ghana Medical Devices Report Q1 2016

BMI View: Ghana represents a comparatively small medical device market of just under USD60mn.

Per capita spending is low at USD2.2 indicating considerable potential for expansion.

The market will achieve a double digit CAGR growth in local currency terms during the forecast period but due to a weakening currency, this will translate to a CAGR of just 0.1% in USD terms to 2019.

Latest Updates & Key Forecasts

Primarily supplied by imports, we forecast the market to register one of the world's lowest CAGRs in US dollar terms over the 2009-2014 period, at just 0.1%.

This low dollar rate reflects a weak cedi at the start of the forecast period.

After falling y-o-y in every quarter of 2014, imports of medical devices have increased steadily in 2015, backing up our assessment that the approval of an IMF credit facility and projected growth in GDP will translate to rising imports.

Imports grew by 25.8% in the three months to June 2015 and by 11.1% over the 12 month period ending June 2015, taking the running annual total to USD65.4mn.

Ghana's very small export trade is subject to volatility.

Exports halved to USD0.2mn in the three months to June 2015, but grew by 34.9% over the 12 month period ending June 2015, taking the running annual y-o-y total to just over USD0.7mn.


BMI Industry View
Table: Projected Medical Device Market, 2014-2019
SWOT
Medical Device Market
Industry Forecast
Medical Device Market Forecast
Latest Updates
Structural Trends
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
Consumables Market Forecast
Key Updates
Structural Trends
Table: Consumables Market, 2009-2019 (USDmn)
Table: Consumables Market, 2010-2019 (USDmn, % Change)
Diagnostic Imaging Market Forecast
Latest Updates
Structural Trends
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
Table: Diagnostic Imaging Market, 2010-2019 (USDmn, % Change)
Dental Products Market Forecast
Latest Updates
Structural Trends
Table: Dental Products Market, 2009-2019 (USDmn)
Table: Dental Products Market, 2010-2019 (USDmn, % Change)
Orthopaedics & Prosthetics Market Forecast
Latest Updates
Structural Trends
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn, % Change)
Patient Aids Market Forecast
Latest Updates
Structural Trends
Table: Patient Aids Market, 2009-2019 (USDmn)
Table: Patient Aids Market, 2010-2019 (USDmn, % Change)
Other Medical Devices Market Forecast
Structural Trends
Table: Other Medical Devices Market, 2009-2019 (USDmn)
Table: Other Medical Devices Market, 2010-2019 (USDmn, % Change)
Annual Medical Device Imports
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Import Trends By Product Area, 2014
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports By Product Area, Year Ending June 2015 (USDmn)
Annual Medical Device Exports
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Export Trends By Product Area, 2014
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
Monthly Medical Device Exports
Table: Monthly Medical Device Exports By Product Area, Year Ended June 2015 (USDmn)
Industry Risk/Reward Index
Table: MEA Medical Device Risk/Reward Index, Q116
Market Overview
Medical Device Market Overview
Table: Medical Device Market, Key Ratios, 2014
Table: Medical Device Market By Product Area, 2014
Healthcare Overview
Healthcare Status
Healthcare System
Healthcare Funding
Healthcare Resources
Healthcare Activity
Healthcare Personnel
Key Healthcare Data
Table: Key Healthcare Data, 2010-2015
Industry Trends & Developments
Regulatory Development
Medical Device Regulations
Competent Authority
Regulations
Competitive Landscape
Domestic Medical Device Production
National Medical Device Manufacturers
Multinational Market Activity
Table: Multinational Market Activity, 2015
Medical Device Market Access
Market Environment
Imports Procedures
Trade Fair
Methodology
Forecast Methodology
Trade Code Classifications
Table: Rearranged HS Trade Codes
Risk/Reward Index Methodology
Table: Medical Devices Risk/Reward Index Indicators
Sources
Contact

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