DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2e5913/economic_360_for_s) has announced the addition of Frost & Sullivan's new report "Economic 360 for South Africa : Growth Prospects and Emerging Opportunities in the Healthcare Industry" to their offering.
South Africa's economy has shown moderate growth since 2004 and had weathered the economic turmoil well during 2008 and 2009. Indications point to a modest recovery in the early parts of 2010 and the economy is poised to achieve GDP growth rates of between three and four percent from 2011 to 2014. Prolific growth is expected in the manufacturing as well as the finance, real estate and business services sectors. Economic growth is being driven by various factors, such as strengthening of the local manufacturing sector due to the governments commitment to development and the recovery of the building and construction sector after the economic decline of 2009. The relatively high levels of foreign direct investment (FDI) inflows have stimulated the finance, real estate as well as business services sectors and limited the effect of climbing trade deficits on the current account. The government is committed to boosting the countrys export sector, which has traditionally been a poor performer. The high rate of unemployment remains the predominant concern in the country, preventing sustained economic growth.
The healthcare system in South Africa is under severe pressure, with the public sector lacking infrastructure and skills. However, the private healthcare sector is well developed and has attracted many of the public-sector skills. The private sector is also well financed and per capita healthcare expenditure in the private healthcare sector is almost six times higher than in the public healthcare sector. The burden of disease in South Africa is very high and this will drive the demand for healthcare services in the country. Major government initiatives include the National Health Insurance Proposal, which aims to provide healthcare coverage to the entire population with zero co-payments and involve the private sector in contributing to public healthcare. The demand for generic pharmaceuticals is growing in the country as a result of their cost competitiveness and high occurrence of disease. Portable medical devices will witness a demand upswing as a result of the necessity for rural coverage and mobile clinics. The clinical trials market is expanding because of the need for finding cost-effective means to treat disease. Major opportunities exist for public private partnerships (PPPs) as the lack of public sector healthcare infrastructure and skills can be provided through PPP agreements with the private sector.
Benefits
The following benefits are offered by this research
Identify New Market Opportunities
The economic trends of Indonesia have been analyzed along with their impact on the environmental industry. This analysis will provide valuable information to industry participants on opportunities in specific segments of the industry.
Understand Future Industry Trends
This research service gives an insight into Indonesias environmental industry, discusses its dependence on the prevailing economic scenario, and describes its various infrastructure developments. This will help industry participants to gauge the future direction of the market, enabling them to devise appropriate market strategies to improve market share.
Comprehend the Economic Environment
A detailed analysis of the economic framework of the Indonesian environmental industry offers insights into the economic parameters, as they exist, and the future direction of the same. This is particularly beneficial in the case of the environmental industry, as these economic indicators form important criteria for the industrys performance.
Devise Country Entry Strategies
The study provides valuable information and analysis of the strengths and weaknesses of the economy of Indonesia, which are relevant to the environmental industry. This is particularly useful in devising country-specific strategies for industry participants.
Evaluate Industry Segment Potential
This research service offers detailed coverage of economic and infrastructure indicators affecting the industry and their future direction. It provides both country and industry trends and forecasts for major variables and is an excellent tool for companies that plan to enter new geographic markets. This will help corporate planners in developing accurate business plans.
Key Topics Covered:
- Economic 360 for South Africa , Country Trends and Emerging Opportunities in the Healthcare Industry
- Analysis of Country Trends and Implications for the Healthcare Industry
- Economic 360 Perspective for the South African Healthcare Industry
For more information visit http://www.researchandmarkets.com/research/2e5913/economic_360_for_s