Healthcare Sector in South Africa 2022: Healthcare Funding Concerns are Increasing and Public Healthcare Budget Cuts are Expected

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Jul 13, 2022, 12:30 ET

DUBLIN, July 13, 2022 /PRNewswire/ -- The "Healthcare Sector In South Africa 2022" report has been added to ResearchAndMarkets.com's offering.

Healthcare expenditure in South Africa, which is over R500bn a year, is roughly evenly split between the public and private healthcare sectors, despite the former providing care for 85% of South Africans. The healthcare sector was put to the test through the COVID-19 pandemic. Public healthcare, already under strain from lack of resources and sub-quality care, struggled to cope with service provision during the pandemic and the distraction it caused from attending to urgent communicable and non-communicable disease epidemics.

Funding

Healthcare funding concerns are increasing and public healthcare budget cuts are expected due to pressure on government finances, while private healthcare costs continue to rise above inflation, causing a reduction in the already small pool of medically-insured people. Government expects National Health Insurance to fund over 90% of all healthcare in the public and private sectors. The private sector has raised concerns about its affordability, the state's ability to implement it and the impact it will have on the private healthcare sector.

Private Sector Recovery

The pandemic significantly reduced the revenue of private sector hospitals, which also had to incur additional pandemic-related costs. However, they recorded a strong recovery in 2021 and 2022, refinanced or reduced debt and improved cash flow, and improved revenue as trading conditions normalised.

Report Coverage

The report focuses on the public and private healthcare sector in South Africa, including hospitals and other medical facilities, medical practitioners, emergency services and pathology services. It includes comprehensive information on the state of the sector, statistics, the performance of notable players, corporate actions and other major developments.

There are profiles of 47 companies including hospital groups such as Netcare, Mediclinic, Life Healthcare, Lenmed and RH Bophelo, pathology practices such as Ampath, ambulance services such as ER24 and optometry groups including Torga Optical and Neovision.

Key Topics Covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry
2.4. Key Success Factors and Pain Points

3. LOCAL
3.1. Key Trends
3.2. Notable Players
3.3. Corporate Actions
3.4. Regulations
3.5. Enterprise Development and Social Economic Development

4. AFRICA

5. INTERNATIONAL

6. INFLUENCING FACTORS
6.1. COVID-19
6.2. Economic Environment
6.3. Labour
6.4. Environmental Issues
6.5. Technology, Research and Development (R&D) and Innovation
6.6. Implementation of National Health Insurance
6.7. Input Costs

7. COMPETITIVE ENVIROMENT
7.1. Competition
7.2. Ownership Structure of the Industry
7.3. Barriers to Entry

8. SWOT ANALYSIS

9. OUTLOOK

10. INDUSTRY ASSOCIATIONS

Appendix - SUMMARY OF NOTABLE PLAYERS

Government Hospitals
Private Hospitals
Medical and Dental Practices
Optical
Pathology Practices
Ambulance Services
Blood Banks

COMPANY PROFILES - Government & Private Hospitals

Advanced Health Ltd
Ahmed Al-Kadi Private Hospital Ltd
Busamed (Pty) Ltd
CareWell Robertson Private Hospital (Pty) Ltd
Clinix Health Group (Pty) Ltd
Cormed Kliniek (Pty) Ltd
Cure Day Hospitals Holdings (Pty) Ltd
Joint Medical Holdings (Pty) Ltd
Lenmed Investments Ltd
Life Healthcare Group (Pty) Ltd
M-Care (Pty) Ltd
Mediclinic International PLC
Melomed Hospital Holdings (Pty) Ltd
National Department of Health
National Hospital Network NPC
Netcare Ltd
Nurture Care Group (Pty) Ltd
RH Bophelo Ltd
Spescare (Pty) Ltd

COMPANY PROFILES - Medical & Dental Practices

Kaelo Prime Cure (Pty) Ltd
Medicross Healthcare Group (Pty) Ltd
Momentum Metropolitan Holdings Ltd
Novahealth (Pty) Ltd

COMPANY PROFILES - Optical

Benmore Optometrists CC
Dynamic Vision Network (Pty) Ltd
KFML Holdings (Pty) Ltd
Mellins IStyle Optometrists Inc
Moffatt Inc
Neovision Group (Pty) Ltd
Torga Optical (Pty) Ltd

COMPANY PROFILES - Pathology Practices

AC Mauff and Partners
Ampath Trust
Bio Analytical Research Corporation South Africa (Pty) Ltd
Dietrich Voigt Mia (Pty) Ltd
Ishara Ramparsad Inc
Medilab Clinical Pathology (Pty) Ltd
National Health Laboratory Service
Pathology Lab One (Pty) Ltd

COMPANY PROFILES - Ambulance Services

Cape Medical Response CC
David's Medical Response CC
ER24 EMS (Pty) Ltd
Friedcorp 529 CC
Gardmed Ambulance Service Trust
KwaZulu Private Ambulance CC
Netcare Ltd
Relay EMS (Pty) Ltd

COMPANY PROFILES - Blood Banks

South African National Blood Service NPC
Western Cape Blood Service NP

For more information about this report visit https://www.researchandmarkets.com/r/s6af6d

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