South Africa - Healthcare, Regulatory and Reimbursement Landscape: CountryFocus

South Africa - Healthcare, Regulatory and Reimbursement Landscape: CountryFocus

Summary

GlobalData, the industry analysis specialist, has released its latest report, “South Africa - Healthcare, Regulatory and Reimbursement Landscape: CountryFocus”. The report is an essential source of information and analysis on the healthcare, regulatory and reimbursement landscape in South Africa. It identifies the key trends in the healthcare market and provides insights into the demographic, regulatory, reimbursement landscape and healthcare infrastructure of South Africa. Most importantly, the report provides valuable insights into the trends and segmentation of the pharmaceutical and medical device markets. It is built using data and information sourced from proprietary databases, secondary research, and in-house analysis by GlobalData’s team of industry experts.

In 2015, the South African pharmaceutical market was worth $3.5B, and is expected to reach $5.08B in 2023, at a Compound Annual Growth Rate (CAGR) of 6.6%. The South African medical device market was worth $2.7B in 2015, which increased to $3.1B in 2018 at a CAGR of 4.7%. It is expected to reach $3.8B in 2022. The market is driven by increase in population and life expectancy, growing disease burden, increased domestic healthcare spending and introduction of the universal health insurance.

Scope

The report provides information on the healthcare, regulatory, and reimbursement landscape in the South Africa, and includes -
- An overview of the pharmaceutical and medical device markets, comprising market size, segmentation, and key drivers and barriers
- Profiles and SWOT analyses of the major players in the pharmaceutical market (Pfizer, Novartis, Sanofi, Aspen and Adcock Ingram) and profiles and SWOT analyses of the major players in the medical device market (Abbott, Medtronic, Essilor, Disa, and Caperay)
- Detailed analysis about recent completed deals in the pharmaceutical and medical device market of South Africa
- Porter’s five forces analysis for pharmaceutical and medical devices market of South Africa
- An insightful review of the reimbursement and regulatory landscape, of which analysis includes details of the healthcare reimbursement process, the regulatory agencies and the approval processes for new drugs and medical devices
- Information regarding recent healthcare policies along with healthcare infrastructure and healthcare expenditure
- An overview of the opportunities and challenges to growth in the South African healthcare market

Reasons to buy

This report will enhance your decision-making capability by allowing you to -
- Develop business strategies by understanding the trends shaping and driving the South African healthcare market
- Drive revenues by understanding the key trends, reimbursement and regulatory policies, pharmaceutical market segments, and companies likely to impact the healthcare market in the future
- Formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing the performance of various competitors
- Organize your sales and marketing efforts by identifying the market categories and segments that present the most opportunities for consolidation, investment, and strategic partnership
- Identify, understand, and capitalize on the opportunities and challenges in the South African healthcare market