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 single department buying these drugs, it's relatively uncrowded, but you'll still need to stand out. Your B-BBEE level will also be important, as about 14% of the allocation is set aside for black-owned businesses, so having a good level will give you a favour. If I were you, I'd focus on building relationships with the department and getting your B-BBEE certification in order to get a foothold in this market.
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%