Start Your Free Trial

Providing evolved investors and entrepreneurs with the information needed to build businesses that advance people, planet and profit. Get free access for 7 days - no credit card required.

Start Your Free Trial

Join Karma Today

Gain access to our entire library of content for a limited time - no credit card required.

Africa's Underfunded Health System Craves Private Coverage

The IFC estimated that Africa's healthcare market had reached $35 billion by 2016, with the private sector driving much of the growth.


As public systems are often overstretched, underfunded, and offer poor quality service, private players are stepping into the breach to meet rising consumer demand. The main growth markets are, firstly, private hospitals, and secondly, equipment providers, especially for the detection of non-communicable diseases.


Rising middle classes have driven a steady flow of medical tourism from the African continent to places such as India, Turkey, and the European Union. 40% of the medical tourists that India receives are from Africa, and in 2015, East Africans spent $1 billion on medical services in India alone.

Join Karma Today

Gain access to our entire library of content for a limited time - no credit card required.

THIS ARTICLE IS EXCLUSIVE TO

Karma Members

arrow-right-light

Industry News

Every day, we break down the most significant private market headlines and deals.

arrow-right-light

Company & Investor Profiles

Conversations with investors and entrepreneurs we are keeping an eye on.

arrow-right-light

Perspectives from Thought Leaders

Opinions from our network on the risks and opportunities seen in key business sectors.

What is Karma Network?

Karma is a content platform for opinion and analysis from today’s leading investors, entrepreneurs and analysts on the risks and opportunities surrounding industry-shaping businesses and ideas.