Healthcare, Diagnostics And Hospitals

Healthcare, Diagnostics And Hospitals

Africa’s healthcare and diagnostics industry is one of the fastest growing and also largest sectors – both in terms of revenue and employment. Healthcare comprises hospitals, diagnostics, medical implant, medical devices, clinical trials and medical equipment.

Africa’s healthcare market was growing at a slow pace of 6 percent pre COVID-19 and has accelerated to 10 percent CAGR to reach US$101 billion ad would grow to US$211 billion by 2030. Hospitals segment contribute over 45~50% to the market size as of now.

Thus, Africa’s competitive advantage in healthcare sector lies in its large pool of well-trained medical professionals across all skill sets with a short infrastructure management skills and capabilities. We hope to make Africa cost competitive in healthcare industry, with the available of infrastructure, compared to its peers in Asia and Western countries.