The market for Hematolic drugs in Gauteng is worth about R34 million, which is a decent size. However, it's not growing, with zero year-on-year growth, so you'll need to compete for a share of the existing market. With only 9 suppliers currently serving the 1 department that buys these drugs, it's relatively uncrowded, but you'll still need to stand out. Your B-BBEE level will also be important, as a portion of the spend is allocated to black-owned, women-owned, and youth-owned businesses, with black-owned businesses getting about 14% of the allocation. To get started, you should research the procurement processes of the department buying these drugs and make sure your organisation is registered and compliant with their requirements.
R34M
9
1
R3M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
0.1%
0.1%
0.1%
0.0%