Africa Medical Devices Market Latest Study Focuses on Current, Future Innovations and Top Key Vendors | Forecast 2030
Africa Medical Devices Market – Overview The Africa Medical Devices market is growing with a steady pace; mainly due to the rapidly growing middle-income group, increasing healthcare expenditure, increasing number of medical tourists, proliferation of hospitals, government programs and support, and increasing incidence of lifestyle diseases. Moreover, rising economic growth also drive the market in this region. According to the World Bank Group, in 2016, GDP of the Middle East & North Africa experienced the growth in GDP by 4.89%. It is expected that Africa’s macroeconomic climate over the next decade will expand the health care gap, as higher incomes will create new demand for the medical devices market. The Africa medical devices market to reach around $ 7.19 billion in 2030, by the end of the forecast period at a CAGR of 7.10 %. Companies are continuously engaged in merger and acquisition activities for the development of the best medicine to cure affected population. A