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Nigeria Medical Devices Report Q2 2016

  • April 2016
  • -
  • Espicom Business Intelligence
  • -
  • 118 pages

With its large population and underdeveloped healthcare sector, Nigeria offers substantial long-term potential for medical device companies, particularly as virtually all of the market is supplied by imports. In the medium term, inadequate funding will remain a major constraint. Positive factors such as the National Health Bill and World Bank funding, will be offset by uncertain economic prospects and the slow uptake of universal health insurance. While the market will grow in local currency terms, we forecast a slight decline in the US dollar value over the next five years.

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Nigeria Medical Devices Report Q2 2016

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