The long term growth prospects of the South African medical device market will be strongly influenced by the Government’s policies in regards to the National Health Insurance (NHI) scheme, the promotion of public-private partnerships to develop and upgrade hospitals, the serious shortage of healthcare personnel and an urgent need to effectively address the AIDS crisis in the country. The Government has committed itself to increasing the level of healthcare spending and has launched a 14-year programme to implement universal healthcare coverage. A key driver of growth is expected to be the public-private partnerships to develop hospitals in South Africa but this could be tempered slightly, by a depreciating rand against the US dollar and the general state of the South African economy.
The medium term prospects for the medical device industry look encouraging; based on current trends, the market, of which over 90% is supplied by imports, is expected to grow at a Compounded Annual growth rate of 8.7% from 2012-2017.
Imports reached a new record high of US$1,178.9 million in 2011, rising by 20.3% over the previous year and expanding at a CAGR of 8.1% during the 2007-2011 periods. Imports fell in 2009 following poor economic conditions but bounced back with two consecutive years of growth.
Medical devices and e-Health solutions have the potential to save lives. However, too many people worldwide suffer due to lack of access to appropriate health care technology. Medical devices require calibration, maintenance, repair, user training and decommissioning.
At MMI, we offer a wide range of biomedical equipment services and repair options for some the products in your facility. We have a professional team of certified engineers on staff to meet the needs of demanding medical facility environments. Our goal is excellent service at competitive rates through complete life cycle management!
Health Technology Assessment
Our team will assess the current state of equipment in your facility and give you a comprehensive status report and help you to draft an equipment life cycle management for your facility.
An ounce of care is worth a pound of cure! Let MMI help by managing the preventive maintenance of key equipment. We will set up the schedules and allow you to focus on your practice and your patients. It will help you to save money in the long run; you will have less downtime and fewer liability issues.
Parts, Accessories, and Supplies
MMI offers a variety of component parts to keep key equipment running. You can consolidate multiple vendor accounts and still maintain functionality on specific types of equipment.
We offer a complete line of new equipment that offers very high quality medical devices from major medical equipment manufacturers. Don’t pay for bleeding edge technology, features you will never use, or for a brand name that immediately adds critical funds to the price tag. Consider the more sensible option that more and more major medical facilities are choosing.
Telephone: +27 (0)11 482 6484
Fax: +27 (0)11 863 3641