South Africa’s Medtech Industry Ready For The Big Step Forward
South Africa’s medtech industry awaits only dedicated regulation and, later, HTA, for the sector to flourish and make the $1 billion+ market the English-speaking medtech gateway to Africa.
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South Africa is like no other country, having emerged through difficult decades of social inequality to now be embracing, among other things, modern health-care delivery via new regulatory structures, a national development plan and a National Health Insurance program (NHI). It is a potentially lucrative opportunity, but medtech players need to be wise to particular localization needs when embracing the South African market.
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