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With the Sub-Saharan region of Africa in focus, significant expansion in the healthcare market is anticipated in the next few years. This expansion is catalyzed by increasing population, accelerating economic development and increased expenditure of governments in the region on healthcare. Essentially, mass expansion and growth above world average projections are anticipated by the IMF, World Bank Group, and other interest groups.
There is increased realization of mass room for expansion in the African healthcare market; attracting investors from more developed markets. Essentially, the African Healthcare Market is projected to reach a market value of 35 billion US$ by 2016, growing at a cumulative average growth rate of about 9.6% between 2012 and 2016. This report provides an in-depth knowledge, projections and analysis of the healthcare market in Africa, the IT Market in Africa, and the African Healthcare IT Market, from 2012 to 2016, in an exploratory attempt to offer stakeholders a good reason to invest in the region as well as where to invest. It is important to mention that the report focuses on Africa, Sub-Saharan Africa, and subsequently, particular countries identified with special characteristics in the region.
Forming up to 15.2% of total world population, Africa remains a significant market for various investors. Sub-Saharan Africa alone accounts for 12.8% of the total world population and 84% of the population of Africa. With 89% of the total world population increase by 2050 expected from developing economies, Africa will soon cover a quarter of the world population, and Sub-Saharan Africa, 95% of total population of Africa. Visit http://www.sanaesolutions.com/healthcare-market-uae-3/ for more details