How to Buy and Export Medical Instruments from South Africa

Looking for opportunities to grow your medical device company? Expanding into international markets is one way to achieve that. The medical device market is growing around the world, and emerging economies in Asia, South America, Africa, and Eastern Europe are all seeing a rise in demand for cost-effective solutions that address unmet healthcare needs. With a population of just over 55 million people, South Africa has become an important production hub for medical devices. In fact, 41% of the country’s exports are related to this industry. It’s easy to see why so many manufacturers have set up shop there; the country offers high quality labor at a low cost with plenty of incentives. This article will introduce you to some of the most common medical devices manufactured in South Africa. You’ll also discover how you can begin exporting those same products from that country into other emerging markets.

Medical Devices Produced in South Africa

South Africa’s medical device industry is driven by a few different factors. For one thing, the country boasts a highly skilled workforce that’s fluent in English, which makes the country very appealing to multi-national device companies. Its government also provides strong support for manufacturers by offering tax rebates, business grants, and other incentives. All of these factors make South Africa a very attractive place to set up shop. There are many types of medical devices produced in South Africa. In general, you’ll find that the country specializes in simple, cost-effective solutions that address unmet healthcare needs. These include: – Stents: medical devices that are placed in the blood vessel to prop it open after an attack or after surgery. – Ventilators: machines that assist the patient with breathing when they are in a critical condition. – Insulin Pumps: these devices help people with diabetes manage their illness by delivering insulin automatically. – Wheel Chairs: products that help improve the quality of life for people with disabilities.

Stents

Stents are tiny tubes (usually made of metal) that are inserted into a blocked artery to keep it open. They’re often used to treat heart problems like a heart attack, or in the case of a cardiac surgery. Stents are big business in South Africa. In fact, the country has become recognized as one of the world’s top stent manufacturers. Over 50% of the stents produced globally come from the country, and they account for around 20% of South Africa’s total medical device exports.

Ventilators

A ventilator is a device that assists patients with breathing when they are in a critical condition and are unable to breathe on their own. This can be due to an illness, accident, or even certain types of surgery. Ventilators are very important in healthcare because they help prevent people from dying when their pulmonary system is not functioning properly.

Insulin Pumps

An insulin pump is a device that delivers insulin automatically to patients with diabetes. The pump is attached to the body, usually near the waistline, and delivers insulin through a thin tube that is inserted just under the skin. Insulin pumps are an alternative to people who are having trouble managing their diabetes through injections. They are also great for people who are on a special diet like the ketogenic diet.

Wheel Chairs

Wheelchairs are basic equipment that are used to transport disabled people who cannot walk on their own. They come in all kinds of shapes and sizes, and can be manual or electric. A wheelchair may be needed if a person has any type of ailment that prevents them from walking, such as a spinal cord injury, neurological disorder, or even a broken leg.

Conclusion

According to a recent report, the international medical device market is expected to reach $272 billion by 2022, representing a compound annual growth rate of 6.7%. This growth is expected to be driven by aging populations and rising disposable income, particularly in emerging markets. With this in mind, it’s important to take advantage of these opportunities and begin selling your products internationally. To do so, you’ll want to carefully research the markets you’re interested in, find out who your competitors are, and then determine how your products compare. With a little research and planning, you’ll be well on your way to expanding your business into new markets and achieving growth you never thought possible. Just remember to keep an eye out for trade regulations in each market you intend to sell in.