South Africa Healthcare Industry Report

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South Africa Healthcare Industry Report
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South Africa healthcare market size, market
segmentation by hospitals clinics, diagnostic
labs market, pharmaceutical market and medical
devices market. The report also covers market in
different aspects such as healthcare scenario in
South Africa, government and private spending on
healthcare, cross comparison of healthcare sector
of South Africa with other African countries,
mergers, acquisitions and funding in healthcare
sector, investment model for setting up a
hospital, snapshots of daycare centers and
polyclinics, investment model for setting up a
diagnostic laboratory, government regulations for
launching a new drug, disruptive IT companies in
South Africa and comparative analysis of major
players in each section. The report provides
detailed overview on future outlook projections
with analyst recommendations for the
industry.
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The South African government has been investing
heavily to overcome the shortcomings of the
public health system. To tackle the widespread
HIV and AIDS the government has initiated test
and treat policy in September 2017. There are
several other projects initiated by the
government in various districts of the country.
The National Health Insurance (NHI) system aims
at covering the entire population of the country
and make good quality healthcare accessible and
affordable to everyone. However, owing to the
ever increasing and ageing population, the
pressure on the public healthcare system is huge
and requires further development of the basis
infrastructural facilities. The private sector in
the country is well funded and expensive beyond
the reach of the common people. There have been a
lot of mergers and acquisitions in the private
sector in the past few years.
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The private sector is expected to grow with the
building up of new hospitals and launch of new
drugs in the market in the future. In recent
years the average household expenditure on
healthcare in South Africa has also increased and
is expected to further increase in the future.
Majority of the healthcare services are
concentrated in urban areas and cities and there
is need for new healthcare facilities to be built
in rural areas. The overall Healthcare Access and
Quality (HAQ) Index in the country has increased,
but there is still a huge gap between the present
index rating and the best possible threshold
rating, given the level of development in the
country.  
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The number of public hospitals in the country is
gradually increasing and is expected to further
increase in the future. This will release the
pressure off the public hospitals and raise the
overall standard of healthcare in the country.
Increase in number of hospitals will further
create demand in the diagnostic laboratories and
pharmaceutical sector of the country. The demand
for generic drugs has increased in recent years
owing to the increase in average income of the
middle class population in the country. National
and international companies are expected to
invest heavily in research and manufacturing of
generic drugs in the future. The dependency on
import of these devices is likely to continue in
the future. However, the overall domestic
production of medical equipments is expected to
grow in the country.
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For more information on the research report,
refer to below link https//www.kenresearch.com/h
ealthcare/general-healthcare/south-africa-healthca
re-market-report/142339-91.html   Related Reports
by Ken Research   Qatar Healthcare Market to 2021
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