Africa Healthcare Sector Is Expected to Grow at a CAGR of 6.0% During 2016-2024


Posted June 12, 2018 by Steveblade

According to Goldstein Research, Africa healthcare market is expected to reach USD 62.0 billion by 2024

 
According to Goldstein Research, Africa healthcare market is expected to reach USD 62.0 billion by 2024 from USD 19.0 billion in 2016, growing at a CAGR of 6.0% over the forecast period 2016-2024. Transforming healthcare system such as hospitals/clinics integrating IT with operations, in-country manufacturing, more solutions for providing POC healthcare, increasing focus on home diagnostics are driving the African healthcare market. Africa healthcare market segmentation has been done on the basis of type, market, application and geography. Beyond being a supplier other trends like training, services and low cost manufacturers have the scope to establish themselves in the Africa healthcare industry.
Africa healthcare industry has the most room for improvement in Botswana, South Africa, Mauritius and Lesotho among others owing to relatively high life expectancy and expenditure on healthcare.
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Market Segmentation
On the basis of our in-depth analysis, Africa Healthcare Market can be segmented as follows:
By Type
o Pharmaceuticals
o Services
o Devices (medical equipments)
o Others (reagents and disposables)
By Sector
o Public
o Private
By Application
o Cardiovascular
o Oncology
o Anti-infection
o CNS
o Respiratory
o Others (dermatology, dentistry, diabetes, etc)
By End User
o Hospitals/clinics
o Diagnostic Labs
o Homecare Settings
o Research and Development Centers
By Country
o West Africa (Benin, Cape Verde, Ghana, Guinea, Mali, Nigeria) {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
o East Africa (Burundi, Dijbouti, Ethiopia, Kenya, Madagascar, Rwanda, Tanzania, Uganda, Zambia) {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
o North Africa (Algeria, Egypt, Libya, Morocco, Tunisia, Sudan) {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
o South Africa (Botwana, Lesotho, Namibia, South Africa and Swaziland) {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
o Central Africa (Central African Republic, Chad, Congo Republic, Angola, Cameroon) {Market Share (%), Market Size (USD Million), Adoption Rate (%)}

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“Africa Healthcare Market Outlook 2024” contains detailed overview of the Africa healthcare market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by type, market and application.
Further, for the in-depth analysis, Africa Healthcare Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Siemens, LIFE Healthcare Group, Mediclinic International, Netcare, Litha Healthcare Group, Medtronics, Roche, Alere, GE Healthcare, B Braun, Abbott, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the Africa healthcare market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our global market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on healthcare market analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.


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[email protected]
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Categories Health
Tags africa healthcare market , africa healthcare market trends
Last Updated June 12, 2018