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According to our new research report "South African Healthcare Market Analysis", the medical devices market is one of the largest in the African region and has been showing an impressive growth for past few years. The medical devices market was estimated to have reached around US$ 930 Million in 2009. The main drivers of the industry are the government's policies regarding National Health Insurance (NHI) scheme which has created demand for medical devices as a result of easy and affordable healthcare access to the South African population.

We have done an extensive research and prudent analysis of the South African medical devices market in order to understand the factors that will continue to serve as growth drivers for the market over the forecast period (2010-2013). We have identified that several factors such as the serious shortage of healthcare personnel and an urgent need to effectively address the AIDS crisis will propel growth in the industry. It is expected that the medical devices market will grow at a CAGR of around 8% during 2010-2013. The optimistic outlook for the market is based on the fact that the private players are making intensive investments in this sector and the government is promoting public-private partnerships to develop and upgrade hospitals.

Our research also indicates that the South African healthcare industry shows immense growth potential and is in the initial stage of development. Further, Saudi Arabia is highly dependent on imported drugs, giving room to the private players to set up their own manufacturing capacities in the country.

"South African Healthcare Market Analysis" provides an extensive research and rational analysis along with reliable statistics of the South African healthcare industry. It includes information of major industry segments (Hospital and Pharmaceutical), diseases profile and key emerging segments (Health Insurance, Medical Tourism and Clinical Trials) to give strategic insight into the market. The report has thoroughly examined current market trends, industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years.

For more information visit: http://www.rncos.com/Report/IM248.htm