Medical diagnostic imaging and nuclear medicine products

The market for medical diagnostic imaging and nuclear medicine products is about R905 million, which is a significant opportunity for your business. However, it's worth noting that this market isn't growing, with zero year-on-year growth, so you'll need to compete for existing contracts. With only 10 suppliers currently operating in this space, it's relatively uncrowded, but you'll still need to differentiate your business to stand out. The Department of Health is the main buyer in this space, and they favour businesses with a strong black economic empowerment programme, with about 27% of the spend allocated to black-owned businesses. If I were you, I'd focus on developing a robust black economic empowerment strategy to increase your chances of securing contracts in this market.

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