South Africa Hospital Supplies Market Size (2024 - 2029)

The South African hospital supplies market is projected to experience growth over the forecast period, driven by factors such as the increasing prevalence of chronic diseases and strategic initiatives by market players. The COVID-19 pandemic significantly impacted the market, leading to a rise in the adoption of hospital equipment due to heightened healthcare demands. Despite these growth drivers, the expanding popularity of home healthcare services poses a potential challenge to the market's expansion.

Market Size of South Africa Hospital Supplies Industry

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South Africa Hospital Supplies Market Summary
Study Period 2021 - 2029
Base Year For Estimation 2023
CAGR 5.30 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

South Africa Hospital Supplies Market Major Players

*Disclaimer: Major Players sorted in no particular order

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South Africa Hospital Supplies Market Analysis

The South African hospital supplies market studied is anticipated to register a CAGR of nearly 5.3% during the forecast period.

The COVID-19 pandemic had a significant impact on the market studied. The healthcare market was initially disrupted following the strict lockdowns and shutdowns in South Africa. Major companies witnessed a loss in terms of revenue during the beginning of the pandemic. According to statistics released by Statistics South Africa in September 2021, the gross domestic product shrank by 7%, compared to the 0.2% expansion in 2019, due to a decline in activities from industries, commerce, restaurants, and hotels. However, initiatives by various organizations are expected to increase market growth. For instance, in January 2022, a press release by UNICEF stated that UNICEF supported the rollout of the COVID-19 vaccination program that scaled up in mid-2021. This included social listening, data collection, evidence collection, and community engagement, such as the UNICEF "multimedia truck" and the Zwakala campaign, which encouraged vaccination and non-pharmaceutical COVID prevention. Additionally, the World Health Organization is assisting the country in increasing hospital beds by acquiring mobile field hospitals that may be put up in the most impacted districts. Therefore, COVID-19 has significantly impacted the South African hospital supply market due to the rise in adoption of hospital equipment.

One of the major factors responsible for the growth of the hospital supply market in South Africa is the increasing prevalence of chronic diseases. According to the estimates of the Global Cancer Observatory, in 2021, there were an estimated 108,168 new cancer cases diagnosed and 56,802 cancer deaths in South Africa. Breast cancer was the most prevalent cancer among white and Asian women and the second-most common cancer among black and colored women. According to GLOBOCAN 2021, around 15,491 new breast cancer cases were reported in South Africa. Growing cancer cases require constant monitoring, diagnostics, and surgical needs, which will increase the growth of the hospital supply market in the country.

Additionally, the strategic initiatives taken by the market players are also propelling the growth of the market. For instance, in May 2021, GE Healthcare and NSIA Banque Côte d'Ivoire partnered with IFC's Africa Medical Equipment Facility to support healthcare providers in the region. This would provide support to small healthcare providers in the country.

With all of these things in mind, it seems likely that the market will grow during the forecast period. However, the growing popularity of home healthcare services may hamper the growth of the market.

South Africa Hospital Supplies Industry Segmentation

Hospital supplies include every medical service and product that serves both the patient and medical professional with hospital infrastructure, enhances the network, and facilitates transportation between hospitals. Hospital equipment, patient aids, mobility equipment, and sterilization disposable hospital supplies are examples of these. The South Africa Hospital Supplies Market is segmented by type (patient examination devices, operating room equipment, mobility aids and transportation equipment, sterilization and disinfectant equipment, disposable hospital supplies, syringes and needles, and other types). The report offers the value (in USD million) for the above segments.

By Type
Patient Examination Devices
Operating Room Equipment
Mobility Aids and Transportation Equipment
Sterilization and Disinfectant Equipment
Disposable Hospital Supplies
Syringes and Needles
Other Types
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South Africa Hospital Supplies Market Size Summary

The South African hospital supplies market is poised for growth, driven by several key factors. The market is experiencing a resurgence following the disruptions caused by the COVID-19 pandemic, which initially led to revenue losses for major companies due to strict lockdowns. However, initiatives by organizations like UNICEF and the World Health Organization have bolstered the market by supporting vaccination programs and increasing hospital capacity. The rising prevalence of chronic diseases, such as cancer and diabetes, is a significant driver of market expansion, as these conditions necessitate ongoing monitoring, diagnostics, and surgical interventions. Additionally, the strategic efforts by market players, including partnerships to enhance healthcare infrastructure, are further propelling market growth. The increasing demand for hospital supplies is also fueled by the growing need for syringes and needles, driven by the rise in diabetes cases and the expansion of vaccine production capabilities in the country.

The market is characterized by moderate competition, with major players like 3M Healthcare, B. Braun Melsungen AG, and Medtronic actively vying for market share. The expansion of healthcare facilities, such as the opening of new multi-specialty hospitals, is expected to create additional opportunities for operating room equipment, thereby supporting market growth. The high prevalence of diseases like HIV and the increasing number of surgical treatments are also contributing to the demand for hospital supplies. Furthermore, technological advancements and collaborations, such as those between Hisense and local health authorities, are enhancing the availability and quality of medical devices. Despite the challenges posed by the growing popularity of home healthcare services, the overall outlook for the South African hospital supplies market remains positive, with anticipated growth over the forecast period.

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South Africa Hospital Supplies Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Prevalence of Chronic Diseases

      2. 1.2.2 Growing Number of Surgical Procedures along with Increasing Hospital Stay

    3. 1.3 Market Restraints

      1. 1.3.1 Growing Popularity of Home Healthcare Services

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Type

      1. 2.1.1 Patient Examination Devices

      2. 2.1.2 Operating Room Equipment

      3. 2.1.3 Mobility Aids and Transportation Equipment

      4. 2.1.4 Sterilization and Disinfectant Equipment

      5. 2.1.5 Disposable Hospital Supplies

      6. 2.1.6 Syringes and Needles

      7. 2.1.7 Other Types

South Africa Hospital Supplies Market Size FAQs

The South Africa Hospital Supplies Market is projected to register a CAGR of 5.30% during the forecast period (2024-2029)

3M Healthcare , B. Braun Melsungen AG , Becton Dickinson and Company , Cardinal Health and Medtronic PLC are the major companies operating in the South Africa Hospital Supplies Market.

South Africa Hospital Supplies Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)