Africa’s medical devices market is on the cusp of transformative growth, projected to expand from $3.99 billion in 2023 to $7.14 billion by 2031 at an impressive CAGR of 7.7%.  However, challenges such as regulatory hurdles, economic constraints, and supply chain inefficiencies persist.  This session will bring together industry leaders, policymakers, and healthcare innovators to explore the key drivers behind this growth, including the digitalization, use of artificial intelligence and wearable technologies for early detection and diagnosis. The majority of medical devices are imported into Africa and contribute significantly to the trade deficit. Government initiatives aimed at strengthening healthcare systems across the continent, including advancing regulatory frameworks and in some cases local manufacturing.   

Panelists will discuss these emerging trends against the backdrop of rapid innovation and increasing demand for affordable and accessible medical devices.  They will also delve into the opportunities presented by expanding healthcare infrastructure, public-private partnerships, and workforce development to support medical device development and utilization.  Join us to discover how strategic investments, partnerships, and policy reforms can shape the future of healthcare on the continent.