The South African market for spinal surgery devices is estimated to be worth USD 0.35 billion by the end of 2019. The key drivers that will contribute to this market growth include the rise of the technological advances, the increase in geriatric population and the increasing adoption of minimally invasive devices.Some of the factors limiting the market growth are:
- Expensive treatment procedures
- High cost and time involved in getting approval for the surgeries processes
- Reimbursement issues
South Africa is considered one of the largest markets in the MEA region and by some estimates is the largest economy in Africa. Spending on medical devices as a proportion of wealth is lower than average for this region, at around 0.3% of GDP and 4.0% of health expenditure.
In 1983, The South African Spine Society (is an independent professional organisation of medical and complementary health personnel.) was founded with the aim of promoting continuing medical education for health care professionals and disseminating knowledge on spine related disorders. http://www.saspine.org/index.html
The medical device market in South Africa continues to be dominated by the United States companies (Medtronic, Stryker, Globus Medical, Nuvasive, Zimmer Biomed, BBraun and Ulrich medical) but there are also local Companies with an increased presence.
The 5 main South African manufacturers are the following. For more information, please visit: https://thespinemarketgroup.com/category/companies/south-africa/
- iSpine
- Southern Medical
- SASpine
- Elite Surgical
- TiTaMED