The South Africa-connected healthcare market is projected to grow from $431.34 Mn in 2022 to $3239.25 Mn by 2030, registering a CAGR of 29.63% during the forecast period of 2022 - 2030. The main factors driving the growth would be private sector investments, increasing healthcare expenditure, technological advancements and government support. The market is segmented by type, function and by application. Some of the major players include Clicks Group, Netcare, Quro Medical, Roche Diagnostics, Philips Healthcare and Medtronic.
The South Africa-connected healthcare market is projected to grow from $431.34 Mn in 2022 to $3239.25 Mn by 2030, registering a CAGR of 29.63% during the forecast period of 2022 - 2030. Spending on national health care as a share of GDP in South Africa in 2019 was 9.11% or $547 per person.
The healthcare system in South Africa has a number of difficulties, including a lack of medical experts, inadequate infrastructure, etc. As a result, networked healthcare technologies are being adopted more widely in the nation. Digital health records, remote patient monitoring, and telemedicine are examples of connected healthcare systems in South Africa. These technological advancements can aid healthcare practitioners in enhancing patient outcomes, cutting expenses, and expanding access to medical treatment.
The deployment of connected healthcare technologies has also received backing from the South African government. For instance, the Department of Health has started a number of projects to improve access to healthcare services via digital technologies.
Market Growth Drivers
The South Africa-connected healthcare market is expected to be driven by factors such as:
The following factors are expected to limit the growth of the connected healthcare market in South Africa:
1. Report Description of the South Africa Connected Healthcare Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. South Africa Connected Healthcare Market Executive Summary
2.1 South Africa Connected Healthcare Market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of South Africa Connected Healthcare Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. South Africa Connected Healthcare Market Segmentation
4.1 By Type
4.1.1 mHealth services
4.1.2 mHealth Devices
4.1.3 E- Prescription
4.2 By Function Type
4.2.1 Remote patient monitoring
4.2.2 Clinical monitoring
4.2.4 Others (Assisted Living)
4.3 By Application Type
4.3.1 Diagnosis and Treatment
4.3.2 Monitoring Application
4.3.3 Wellness and Prevention
4.3.4 Healthcare management
4.4 By End-user
4.4.1 Hospitals and Clinics
4.4.2 Home monitoring
5. South Africa Connected Healthcare Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in South Africa
8.2 Regulatory Framework in South Africa
8.3 Pricing & Reimbursement Scenario in South Africa Connected Healthcare Market
9. Factors Driving Future Growth
9.1 New Trends and Development South Africa Connected Healthcare Market
9.2 Future Opportunities
10. Strategic Recommendations
By Type (Revenue, USD Billion):
Based on the Type the market is segmented into mHealth services, mHealth Devices, and E- Prescription
By FunctionType (Revenue, USD Billion):
By Application Type (Revenue, USD Billion):
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