Latest News- Medical Devices Market in Africa: Hospitals and clinics is expected to lead the End-user segment during 2025-2029

The Medical Devices Market in Africa is being driven by Increasing number of chronic diseases in Africa

The Medical Devices Market in Africa is expected to grow at a CAGR of 8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2.48 billion. In Africa, the adoption of wearable medical devices has experienced substantial growth due to the increasing prevalence of chronic conditions like diabetes, hypertension, and cardiovascular diseases. These devices offer significant benefits, including the ability to monitor and manage various health conditions, enhance quality of life, and decrease healthcare expenses. A prime example of a successful wearable medical device in Africa is the smart insulin pen. This innovative device empowers diabetic patients to effectively manage their insulin dosages, ensuring accurate intake at prescribed time intervals. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Hospitals and clinics
  • Diagnostic centers
  • Others
• Type
  • In-vitro diagnostics
  • Cardiovascular devices
  • Diagnostic equipment
  • Dental equipment
  • Others
• Geography
  • Africa
    • South Africa
    • Nigeria
    • Egypt
    • Kenya

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing number of chronic diseases in Africa
• Increase in number of hospitals and clinics in Africa
• Increase in number of CVD in Africa

However, the market also witnesses some limitations, which are as follows:

• High cost of medical devices
• Stringent regulations on medical devices in Africa
• Device limitations and product recalls

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Market Scope in Medical Devices Market in Africa Research Report

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Research Analysis Overview

In Africa, the medical device market is witnessing growth due to various factors including medical device distribution, healthcare financing, and favorable government policies. Private healthcare providers, medical tourism, and emerging medical technologies like robotics in surgery, nanotechnology in medicine, gene therapy, precision medicine, and digital health are driving innovation. Mobile health applications, wearable health devices, health data analytics, and healthcare workforce development are also key areas of focus. Public health initiatives, disease prevention, chronic disease management, mental health services, community health programs, home healthcare, palliative care, and hospice care are also significant markets.

Market Research Overview

The African medical devices market encompasses diagnostic imaging equipment, medical consumables, surgical instruments, hospital beds, medical software, and medical devices regulation. Technavio, a leading global technology research and consulting firm, positions this market as a segment of the expansive global healthcare equipment industry. The healthcare equipment market encompasses manufacturers involved in R&D of capital equipment, instruments, implants, accessories, and consumables, which are utilized for disease diagnosis, monitoring, and treatment. The global healthcare equipment market size is determined by the consolidated revenue generated by these manufacturers across diverse therapy areas. The healthcare equipment sector is segmented into Devices, which incorporates advanced, differentiated, and clinically validated data-driven devices.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
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