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 2477.6 million. In Africa, the adoption of wearable medical devices has experienced notable growth due to the escalating prevalence of chronic diseases, including diabetes, hypertension, and cardiovascular diseases. These devices have gained popularity for their capacity to monitor and manage various health conditions, enhance the quality of life, and decrease healthcare expenses. A prime example is the smart insulin pen, a wearable medical device that empowers diabetic patients to effectively manage their insulin intake, ensuring precise dosage administration at prescribed time intervals. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

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 devices market is witnessing significant growth due to advancements in medical sciences, particularly in biotechnology. This growth is driven by the increasing prevalence of chronic diseases such as heart disorders, brain diseases, joint issues, and respiratory system illnesses. Surgical robots and advanced technologies are being implemented for cardiovascular disorders, cardiac dysrhythmias, and non-cardiovascular morbidities like diabetes. Companies like Getinge are at the forefront of this innovation, providing solutions for ocular illnesses, hearing issues, periodontal diseases, and pacemaker implementations.

Market Research Overview

The Medical Devices Market in Africa is a significant segment of the global Healthcare Equipment Market, encompassing the research and development (R&D) of various product categories. These include capital equipment, instruments, implants, accessories, and consumables used for diagnosing, monitoring, and treating chronic diseases, acute illnesses, and disorders affecting the heart, brain, joints, respiratory system, ocular illnesses, and hearing issues. Technavio, a leading technology research agency, calculates the size of the global Healthcare Equipment Market based on the combined revenue generated by manufacturers of diagnostic equipment and devices. This industry is categorized into devices, which consist of advanced, differentiated, and clinically tested data-driven devices.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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