Medical diagnostic imaging and nuclear medicine products
You're considering the medical diagnostic imaging and nuclear medicine products market in Gauteng, which is worth about R162 million. This market is quite crowded, with 156 suppliers competing for contracts from just 2 departments. It's also worth noting that the market size has remained steady, with no year-over-year growth, so you'll need to be strategic to gain traction. To increase your chances of success, it's crucial to understand the importance of your B-BBEE level, as about 27% of the allocation is set aside for black-owned businesses. To get started, you should analyse the current suppliers and departments involved to identify potential gaps in the market that your business could fill.
R162M
156
2
R734K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
27.4%
8.9%
4.2%
0.2%