The African region is seen to be one of the most sought after markets globally for healthcare investments
JOHANNESBURG, SOUTH AFRICA, March 30, 2018 /24-7PressRelease/ — The African region is seen to be one of the most sought after markets globally for healthcare investments, having experienced stellar growth over the last decade and showing no sign of slowing down in the near future. According to a report by the IFC, the private-sector arm of the World Bank, it is estimated that by 2022, Africa will need $25bn-$30bn in investment in physical healthcare assets alone, including hospitals and clinics.
This investment is sorely needed. An article published by the World Economic Forum noted that Sub-Saharan Africa accounts for only 13% of the world’s population, despite bearing 24% of the global burden of disease – most of which comprises preventable illnesses.
According to Ryan Sanderson, Exhibition Director at Informa Life Sciences Group Africa – organisers of Africa’s largest healthcare conference, Africa Health – the pressure to identify real solutions for Africa’s healthcare challenges should be a critical consideration for any entity looking to invest in the region.
Sanderson says that with high levels of mobile penetration on the continent, coupled with advancing technologies and new approaches to healthcare management, digital transformation within the healthcare sector may be one of the solutions to addressing the challenges faced, particularly in rural parts of Africa.
Incorporating digital disruption into the healthcare market will be one of the central discussions at the 8th annual Africa Health Exhibition & Congress, which will be held at the Gallagher Convention Centre, Johannesburg, from 29 – 31 May 2018.
Africa Health is the largest platform on the continent for international and local companies to meet, network and do business with the ever-growing African healthcare market. The event is expected to attract more than 10,100 healthcare professionals and over 553 leading international and regional healthcare and pharmaceutical suppliers, manufacturers and service providers.
The event will run 16 CPD accredited conferences offering education on the latest medical and non-medical techniques, topics and trends. The conferences will focus on a number of medical specialties including; surgery, nursing, decontamination & sterilisation (CSSD), public health, hospital build, healthcare management, healthcare technology life-cycle management, and ethics human rights & medical law, amongst others. The exclusive Leaders in Healthcare conference will highlight the importance of Public-Private Partnerships (PPP) in enhancing the capabilities of healthcare systems in the region.
The event will host distinguished local and international speakers and industry leaders, who will touch upon key issues affecting the healthcare sector, including;
Opportunities for investment in healthcare start-ups in Southern Africa
Water saving and efficiency in health facilities
Making nurses techno savvy
Planning and managing healthcare technology across the lifecycle of healthcare facility
Community lived experiences of climate change in relation to energy sources
The impact of political decisions on healthcare
Telemedicine: Providing remote access to high quality care
Sanderson says that, year-on-year, Africa Health continues to cement its position as a leading platform for dialogue around the most pressing healthcare issues that the continent faces. “Finding solutions to these challenges will not only result in greater access to health services for those who need it the most, but it will in turn reduce the financial burden that all governments experience when trying to meet their nation’s healthcare needs.”
All proceeds from the conferences will be donated to local charity, RuDASA (The Rural Doctors Association of Southern Africa) and associations.
Africa Health is supported by CSSD Forums of South Africa (CFSA), The Association for Peri-Operative Practitioners in South Africa (APPSA – Gauteng Chapter), the International Federation for Medical and Biological Engineering (IFMBE), the Emergency Medicine Society of South Africa (EMSSA), the Independent Practitioners Association Foundation, Southern African Health Technology Assessment Society (SAHTAS), The Clinical Engineering Association of South Africa (CEASA), Medical Device Manufacturers Association of South Africa (MDMSA), Faculty of Health Sciences at the University of the Witwatersrand, the Academy of Nursing in South Africa (ANSA), the Public Health Association of South Africa (PHASA), The Council for Health Service Accreditation of Southern Africa (COHSASA), and the Trauma Society of South Africa (TSSA).
Informa Life Sciences Exhibitions, in charge of the healthcare portfolio within Informa’s Global Exhibitions division, organises 26 exhibitions yearly covering the Middle East, Africa, Asia, Europe and US market, connecting more than 150,000 healthcare professionals worldwide and offering a range of marketing solutions for companies involved with the healthcare sector. Over 100 congresses take place in parallel with the exhibitions.
Informa Life Sciences Exhibitions publishes four international healthcare magazines, offers Dothealth, a healthcare portal showcasing over 40,000 healthcare companies and runs Healthy Change, an online recruitment portal.
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