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Ghana Medical Devices Report Q1 2016

  • January 2016
  • -
  • Business Monitor International
  • -
  • 110 pages

BMI View: Ghana represents a comparatively small medical device market of just under USD60mn. Per capita spending is low at USD2.2 indicating considerable potential for expansion. The market will achieve a double digit CAGR growth in local currency terms during the forecast period but due to a weakening currency, this will translate to a CAGR of just 0.1% in USD terms to 2019.

Latest Updates & Key Forecasts

-Primarily supplied by imports, we forecast the market to register one of the world's lowest CAGRs in US dollar terms over the 2009-2014 period, at just 0.1%. This low dollar rate reflects a weak cedi at the start of the forecast period.

-After falling y-o-y in every quarter of 2014, imports of medical devices have increased steadily in 2015, backing up our assessment that the approval of an IMF credit facility and projected growth in GDP will translate to rising imports. Imports grew by 25.8% in the three months to June 2015 and by 11.1% over the 12 month period ending June 2015, taking the running annual total to USD65.4mn.

-Ghana's very small export trade is subject to volatility. Exports halved to USD0.2mn in the three months to June 2015, but grew by 34.9% over the 12 month period ending June 2015, taking the running annual y-o-y total to just over USD0.7mn.

Table Of Contents

Ghana Medical Devices Report Q1 2016
BMI Industry View 7
Table: Projected Medical Device Market, 2014-2019 7
SWOT 8
Medical Device Market 8
Industry Forecast 9
Medical Device Market Forecast 9
Latest Updates 9
Structural Trends 9
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn) 11
Consumables Market Forecast 15
Key Updates 15
Structural Trends 15
Table: Consumables Market, 2009-2019 (USDmn) 17
Table: Consumables Market, 2010-2019 (USDmn, % Change) 18
Diagnostic Imaging Market Forecast 20
Latest Updates 20
Structural Trends 20
Table: Diagnostic Imaging Market, 2009-2019 (USDmn) 22
Table: Diagnostic Imaging Market, 2010-2019 (USDmn, % Change) 23
Dental Products Market Forecast 25
Latest Updates 25
Structural Trends 25
Table: Dental Products Market, 2009-2019 (USDmn) 26
Table: Dental Products Market, 2010-2019 (USDmn, % Change) 27
Orthopaedics and Prosthetics Market Forecast 29
Latest Updates 29
Structural Trends 29
Table: Orthopaedics and Prosthetics Market, 2009-2019 (USDmn) 30
Table: Orthopaedics and Prosthetics Market, 2010-2019 (USDmn, % Change) 30
Patient Aids Market Forecast 32
Latest Updates 32
Structural Trends 32
Table: Patient Aids Market, 2009-2019 (USDmn) 33
Table: Patient Aids Market, 2010-2019 (USDmn, % Change) 34
Other Medical Devices Market Forecast 36
Structural Trends 37
Table: Other Medical Devices Market, 2009-2019 (USDmn) 37
Table: Other Medical Devices Market, 2010-2019 (USDmn, % Change) 38
Annual Medical Device Imports 40
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s) 43
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s) 44
Table: Top 20 Medical Device Suppliers, 2014 (USD000s) 46
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s) 47
Table: Detailed Medical Device Import Trends By Product Area, 2014 51
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s) 54
Monthly Medical Device Imports 58
Table: Monthly Medical Device Imports By Product Area, Year Ending June 2015 (USDmn) 58
Annual Medical Device Exports 59
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s) 60
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s) 61
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s) 63
Table: Detailed Medical Device Export Trends By Product Area, 2014 66
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s) 69
Monthly Medical Device Exports 72
Table: Monthly Medical Device Exports By Product Area, Year Ended June 2015 (USDmn) 72
Industry Risk/Reward Index 73
Table: MEA Medical Device Risk/Reward Index, Q116 74
Market Overview 75
Medical Device Market Overview 75
Table: Medical Device Market, Key Ratios, 2014 75
Table: Medical Device Market By Product Area, 2014 76
Healthcare Overview 77
Healthcare Status 77
Healthcare System 77
Healthcare Funding 82
Healthcare Resources 83
Healthcare Activity 84
Healthcare Personnel 84
Key Healthcare Data 85
Table: Key Healthcare Data, 2010-2015 85
Industry Trends and Developments 87
Regulatory Development 93
Medical Device Regulations 93
Competent Authority 93
Regulations 95
Competitive Landscape 97
Domestic Medical Device Production 97
National Medical Device Manufacturers 97
Multinational Market Activity 97
Table: Multinational Market Activity, 2015 97
Medical Device Market Access 99
Market Environment 99
Imports Procedures 99
Trade Fair 100
Methodology 101
Forecast Methodology 101
Trade Code Classifications 102
Table: Rearranged HS Trade Codes 103
Risk/Reward Index Methodology 106
Table: Medical Devices Risk/Reward Index Indicators 107
Sources 109
Contact 110

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