Medical science research and experimentation
Your business is considering the medical science research and experimentation market in the Western Cape, which is a relatively small market with a total spend of about R241,500. This market is not growing or shrinking, as it has a year-over-year growth rate of 0, indicating a stable demand. It's also a very niche market with only one supplier currently operating in this space, which could be an opportunity for your business to get a foothold. The fact that there's only one department involved in procurement also simplifies the process of getting your foot in the door. If I were you, I'd focus on building a relationship with this department to understand their needs and see how your business can meet them.
R242K
1
1
R242K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%