The market for wound care products in Gauteng is a substantial one, with the government spending about R37 million on these products. This market is relatively stable, with no year-on-year growth, so you can expect a steady demand for your products if you decide to enter. With 61 suppliers already in the market, it's quite crowded, but it's worth noting that nearly 49% of the allocation favours black-owned businesses, which could be an advantage if your organisation falls into this category. The Department of Health is likely the main buyer in this space, given the nature of the products. If I were you, I'd focus on building relationships with the Department of Health and ensuring your business meets the requirements to qualify for the black-owned business allocation to increase your chances of securing contracts.
R37M
61
1
R485K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
48.9%
13.1%
2.7%
2.1%