Your business is considering the medical facility products market in KwaZulu Natal, which is worth about R25 million. This market is relatively small and not growing, with no year-on-year growth recorded. With only 13 suppliers currently operating in this space, it's not overly crowded, which could be a favourable factor for your organisation. The Department of Health in KwaZulu Natal is the main buyer in this market, so it's essential to build a relationship with them. To get started, you should analyse the current suppliers and their offerings to identify potential gaps in the market that your business could fill.
Market Size
R25M
Suppliers
13
Departments
1
Avg Transaction
R1M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
Spending Trend
2018/19
R13M
2019/20
R13M
2020/21
R7M
2021/22
R19M
2022/23
R28M
2023/24
R6M
2024/25
R689K
2025/26
R25M