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South Africa Medical Devices Report Q2 2016

South Africa Medical Devices Report Q2 2016

BMI View: 2016 will be another challenging year for the healthcare sector as the economic outlookworsens on the back of a very weak currency. Domestic production is growing in sophistication, but the vastmajority of the market will remain dependent on imports. The FY2016-17 budget release confirmsthat health spending will continue to grow, primarily to support the introduction of the national healthinsurance scheme.Latest Updates and Key Forecasts

We forecast a 2015-2020 US dollar CAGR of -2.6%, which will lower the market from USD1.1bn in2015 to USD972mn in 2020. All product areas will fall, with the CAGR ranging from -3.4% for patientaids to -2.0% for other medical devices. We anticipate a 16.2% contraction in the US dollar value of themarket in 2016, as a result of a further weakening of the rand.

We expect imports to continue to display a downward trend in US dollar terms mainly due to the currentweak position of the South African rand, which resulted in another contraction of 2.0% for the threemonths to December 2015. In the 12 months to December 2015, imports fell by 2.4% taking the runningannual total to USD1.1bn.

We expect medical device exports will continue to underperform in 2016, even with currencydepreciation, which is making South African products cheaper in export markets. In the three months toDecember 2015, exports recorded a 0.1% increase in US dollar terms, an improvement from the -3.6%recorded in the previous quarter. In the 12 months to December 2015, exports fell by 2.7% y-o-y toUSD190.3mn.

The launch of a world-first imaging system that combines mammographic and ultrasound technologies isan indication that domestic production is growing in sophistication. The Aceso device, designed anddeveloped by Cape Town's medical technology company Cape Ray and launched by the Department ofScience and Technology, will be one of the most advanced medical devices to be produced locally.


BMI Industry View
Table: Projected Medical Device Market, 2015-2020
Latest Updates and Key Forecasts
SWOT
Medical Device Market
Industry Forecast
Medical Device Market Forecast
Latest Updates
Structural Trends
Table: Detailed Medical Device Market By Product Area, 2010-2020 (USDmn)
Consumables Market Forecast
Latest Updates
Structural Trends
Bandages & Dressings
Suturing Materials
Syringes, Needles & Catheters
Other Consumables
Table: Consumables Market, 2010-2020 (USDmn)
Table: Consumables Market, 2011-2020 (USDmn, % Change)
Diagnostic Imaging Market Forecast
Latest Updates
Structural Trends
Electrodiagnostic Apparatus
Radiation Apparatus
Imaging Parts & Accessories
Table: Diagnostic Imaging Market, 2010-2020 (USDmn)
Table: Diagnostic Imaging Market, 2011-2020 (USDmn, % Change)
Dental Products Market Forecast
Latest Updates
Structural Trends
Capital Equipment
Instruments & Supplies
Table: Dental Products Market, 2010-2020 (USDmn)
Table: Dental Products Market, 2011-2020 (USDmn, % Change)
Orthopaedics & Prosthetics Market Forecast
Latest Updates
Structural Trends
Fixation Devices
Artificial Joints
Other Artificial Body Parts
Table: Orthopaedics & Prosthetics Market, 2010-2020 (USDmn)
Table: Orthopaedics & Prosthetics Market, 2011-2020 (USDmn, % Change)
Patient Aids Market Forecast
Latest Updates
Structural Trends
Portable Aids
Therapeutic Appliances
Table: Patient Aids Market, 2010-2020 (USDmn)
Table: Patient Aids Market, 2011-20120 (USDmn, % Change)
Other Medical Devices Market Forecast
Latest Updates
Structural Trends
Table: Other Medical Devices Market, 2010-2020 (USDmn)
Table: Other Medical Devices Market, 2011-2020 (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 December 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: Top 20 Medical Device Destinations, 2014 (USD000s)
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Export Trends By Product Area, 2014
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
Monthly Medical Device Exports
Table: Monthly Medical Device Exports By Product Area, Year Ending December 2015 (USDmn)
Industry Risk/Reward Index
Industry Risk Reward Index
Table: MEA Medical Device Risk/Reward Index, Q216
Market Overview
Medical Device Market Overview
Table: Medical Device Market, Key Ratios, 2015
Table: Medical Device Market By Product Area, 2015
Healthcare Overview
Health Status
Healthcare System
Private Healthcare Providers
Healthcare Funding
Healthcare Resources
Table: Medical Device Technology By Type (Public Sector)
Table: Percentage Failure on Vital Measures For Health Technology, 2011
Healthcare Activity
Healthcare Personnel
Key Healthcare Data
Table: Key Healthcare Data, 2010-2015
Industry Trends And Developments
Industry Trends & Developments
Table: Leading Medical Device Suppliers, 2010-2015 (USDmn)
Regulatory Development
Medical Device Regulations
Medical Device Pricing & Reimbursement
Procurement
Competitive Landscape
Domestic Medical Device Production
National Medical Device Manufacturers
Multinational Medical Device Manufacturers
Multinational Market Activity
Table: Multinational Market Activity, 2016
Medical Device Market Access
Distribution
Procurement
Trade Association
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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