Press release
Needle & Syringe and Catheter Product Types to Dominate the South Africa Medical Device Market
The report highlights that the medical device market in South Africa is anticipated to rise at 8.87 Compound Annual Growth Rate (CAGR) in percentage over the assessment period from 2018 till 2024. The report throws light major market dynamics which covers the drivers, restraints and opportunities for the growth of the market. The new report titled “South Africa Medical Device Market” has recently been apprehended by Market Research Hub (MRH) in its extensive research repository. Looking at the growth of the market, several manufacturers in the industry are likely to stay more motivated towards such factors such as private and public collaboration to develop hospitals, growing ageing population and health insurance scheme. The report projected that the elderly citizens in South Africa will multiply until 2050 from current figure. About 90 percent of the overall market of South Africa is largely backed by the international healthcare unit. Moreover, for cutting the cost various medical device consumers are eyeing for Asian regions. For Orthopedic, prosthetics and patient aids segments, consumables, U.S. is leading in the South African regional market. The report offers relevant introduction and basic definition of the medical device market in South Africa.Click here for Free Sample Report@ https://www.marketresearchhub.com/enquiry.php?type=S&repid=1476435
Segmental Analysis of the South Africa Medical Device Market
The report categorizes the South Africa medical device market on the basis of product type.
Account of product type, the study segregates the medical device in South Africa into dental drills, electro-diagnostic, ostomy products, accessories and imaging parts, CT scanners, fixation devices, scintigraphic apparatus, radiation apparatus, medical X-ray Film (flat), dental instruments and supplies, other product types and ultra sound. Catheter and needle and syringe is likely to lead the product type segment in South Africa medical device market, whereas the report also estimates that the its market share will anticipated to decline over the assessment period ranging from 2018 to 2024. The report also reveals that electro-diagnostic, needle, syringe and catheter are the major segments that share half of the revenue share for the overall medical device market in South Africa. Also, the report throws light on the other key segments include Radiation Apparatus, Medical X-ray Film and Dental X-ray, Supplies and Dental Instruments, and Ultra Sound contributed in a single digit share of the market in 2017.
Furthermore, the report provide the market attractiveness index for the report readers to make them understand the competitive scenario in the medical device market in South Africa along with the key findings.
Browse Full Report with TOC@ https://www.marketresearchhub.com/report/south-africa-medical-device-market-report.html
South Africa Medical Device Market: Top Players
This section of the study is fully devoted to present the competitive assessment of the South Africa medical device market. The prominent section of the report highlights the companies operating in South Africa medical device market. The key companies profiled in the report are analyzed on the basis of various attributes such as key business strategies, financial overview, product portfolio, SWOT analysis and recent development in the companies. The report provides information on the strengths, weaknesses, and opportunity analysis, enabling the new entrants to develop new plans to gain success in this marketplace along with existing players to expand their business empire.
Enquire about this Report@ https://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1476435
About Market Research Hub
Market Research Hub (MRH) is a next-generation reseller of research reports of different sector like medical equipments industry reports and analysis. MRH’s expansive collection of industry reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.
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