Noida, India, March 13, 2010 --(PR.com
)-- RNCOS has recently added a new Market Research Report titled, “South African Healthcare Market Analysis” to its report gallery. The South African healthcare industry has posted an unprecedented growth over the past few years on the back of government active support. The government has identified healthcare as one of the priority sectors in the current budget and is determined to develop healthcare infrastructure and services to make them accessible to patients. This initiative has been possible due to the private-public partnerships that are being encouraged in this sector.
According to their new research report “South African Healthcare Market Analysis”, the South African healthcare industry is expected to sustain its growth pace in near future owing to the burden of diseases and poor demographic conditions which will create demand for better healthcare facilities. The demand and supply of drugs is an important factor that has boosted growth in the healthcare industry and attracted many private players to bid for tenders for the supply of essential drugs to the public healthcare facilities. Moreover, the South Africans have become more health conscious, leading to an increase in the usage of more expensive therapies and high innovative products. In this regard, we have done an extensive research and analysis of various segments of the South African healthcare market. The segments covered in the report include: Analysis of Different Disease, Hospitals Services Industry, Pharmaceutical Industry, Medical Devices Industry and Other emerging market segments.
The baseline for optimistic future outlook of South African healthcare industry is the enhanced participation and high investments by private players into medical infrastructure and supply of pharmaceuticals to the population. In addition, there will be strong demand for primary health care level drugs such as generics, antibiotics and OTC in coming years since a number of drugs are due to lose their patents. As a result, the pharmaceutical industry is expected to grow at a CAGR of around 14% during 2010-2013. Moreover, clinical trials conducted by the private players make South Africa an ideal destination for research. This will draw the attention of world’s leading healthcare providers and make the South African healthcare sector a lucrative area for further investments.
“South African Healthcare Market Analysis” provides thoroughly researched information, authentic data and comparable statistics of the South African healthcare industry. The report has examined current market trends, industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years. It gives an insight into regulatory environment and industry restraints that facilitate into devising strategic plans before taking investment decisions to get optimal returns. The report also contains forecast for all segments of the healthcare industry to give a rogue direction in which these segments are likely to move in coming years.
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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.