In 2020, the healthcare market in Africa is estimated at $150bn, with 48% of spending Out of pocket (OOP). Services focused on outpatients, chronic conditions, medtech/IT and hospitals are most attractive sectors.
Africa's Healthcare Statistics
Africa's Healthcare Spend (US$150bn - 2020)
According to a PwC report, in Nigeria, the largest economy in Africa, its citizens spend US$1 billion annually on medical tourism.