Your business is considering the medical facility products market in Gauteng, which is worth about R32 million. This market is relatively small and not growing, with no year-over-year growth recorded. With only 15 suppliers currently serving the market, it's not extremely crowded, which could be an opportunity for your organisation. The fact that there's only one department involved in procurement might simplify your sales process. To get a foothold in this market, you should start by analysing the needs of this single department and tailor your programme to meet their specific requirements.
Market Size
R32M
Suppliers
15
Departments
1
Avg Transaction
R2M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
Spending Trend
2018/19
R15M
2019/20
R8M
2020/21
R13M
2021/22
R17M
2022/23
R15M
2023/24
R10M
2024/25
R32M
2025/26
R32M