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Sub-Saharan Africa Medical Devices Report Q4 2017

BMI View: The SSA medical device market will register strong growth in US dollar terms in 2017, after aweak performance in previous years as a result of exchange rate fluctuations and a poor economicenvironment for most countries, including South Africa which dominates the market. The market willremain reliant on imports and international aid and funding, therefore multinationals will continue tostrengthen their presence. Consumables will record a double-digit CAGR in weighted local currency terms,while the remaining product segments will register high single-digit CAGRs.

Latest Updates And Key Forecasts

We have revised our forecast downwards and now project that the SSA medical device market will growat a 2016-2021 CAGR of 9.1% in weighted local currency terms, lower than the 2011-2016 CAGR of12.1%. This will reflect weak economic growth that bottomed in H116, lower health expenditure, slowerimport growth and low domestic production. Economic growth is accelerating in 2017, but at a slowerpace than we expected.

BMI Industry View
Table: Medical Device Market Indicators, 2016-2021
Latest Updates And Key Forecasts
Industry Forecast
Latest Updates
Table: Medical Device Market By Product Area, 2016-2021 (USDmn)
Structural Trends
Industry Risk/Reward Index
Main Regional Features & Latest Updates
Industry Trends And Developments
Industry Round-Up
SSA Driven By Economic Improvement In 2017
Weak Regulations Will Remain Industry Barrier in SSA
Forecast Methodology
Trade Code Classifications
Table: Rearranged HS Trade Codes
Risk/Reward Index Methodology
Medical Devices Risk/Reward Index
Table: Medical Device Risk/Reward Index, Indicators

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