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Market Entry - Home Health Diabetes Care Devices Market in Angola: Analysis of Growth, Trends and Progress (2020 - 2025)

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About the Market

The diabetes care devices market is driven by increasing prevalence of diabetes, technological advancements, rise in obese population and rising need for faster and safer diagnosis; leading to huge investments by market leaders and new companies foraying into this market. North America held the largest share in the global diabetes care products market, followed by Europe and Asia-Pacific. The Asia-Pacific region provides significant opportunities, with China and India being the most populous countries and home to 40-45% of the global diabetic population. Thereby, contributing to the demand for diabetes care devices like blood glucose monitoring devices and insulin delivery devices. As a result, many players in the market are focusing on strengthening their position in this region. Roche, Johnson & Johnson, Bayer AG, and Abbott Laboratories are few key players in the market.

About the Geography 

Angola is in the Southwest part of Africa. It is a presidential republic rich in hydrocarbon and mineral resources. Angola is the fourth largest recipient of foreign direct investment in Africa with a high growth potential in construction and tourism sectors. It is one of the fastest growing economies and has a large population, making it the third largest market in sub-Saharan Africa.

It has good trade relations with China, France, the Netherlands, and the USA, which have helped the country to diversify its economy outside the oil & gas sector. The government is also trying to improve the business climate and is favorable to foreign direct investment by giving companies the right to incentives as local businesses. However, the lack of infrastructure, skilled workers, a poor financial system, weak judicial system, heavy bureaucracy, and corruption discourage foreign companies from investing in the country. Also, the government laws promote requiring investors to partner with local businesses deter investors.

 

Component Name

Unit

GDP (USD billion)

103

GDP Annual Growth Rate

4.9

GDP Per Capita

4153

Unemployment Rate

26

Inflation Rate

39.44

Consumer Price Index (CPI)

153

Interest Rate

16

Loans to Private Sector (USD billion)

21.972

Balance of Trade (USD billion)

3.002

Business Confidence

-34

Ease of Doing Business

181

Competitiveness Rank

140

Corruption Rank

163

Bank Lending Rate (Consumers)

15.97

Corporate Tax Rate

30

Sales Tax Rate

10

 

 

The Market Entry Series

Exploring global markets is now recognized as the shortest way to ensure high time to efficiency conversion, when trying to expand revenues past domestic markets, for firms both large and small. Our market entry series, priced suitably low contains the essentials of all the parameters (Refer: Table of Contents) you must be apprised of before you can have a well informed contemplation of a business opportunity in your choice of industry, in your choice of geography.

1. Introduction

                1.1 Scope of the Report

                1.2 Regional Analysis

                                1.2.1 PESTLE Analysis

                                1.2.2 Analysis of Ease of Doing Business

2. Market Dynamics

                2.1 Drivers

                2.2 Restraints

                2.3 Opportunities

3. Market Demand Analysis

                3.1 Socio-Economic Segmentation

                3.2 Demographic Strengths & Weaknesses

                3.3 Spending Patterns

                3.4 Target Market Identification

4. Market Size of Home Health Diabetes Care Devices (USD millions)

                4.1 By Diabetes Care Devices

                4.2 By Therapy Type

5. Market Entry

                5.1 Market Entry: The Strategy

                                5.1.1 Types of Entry Modes, by Market Entry Objectives

                                5.1.2 Competition Analysis

                                                5.1.2.1 Market Share

                                                5.1.2.2 Strategies Adopted, Recent Events 

                                5.1.3 Pricing Strategy

                                5.1.4 Supply Chain Analysis

                                                5.1.4.1 Trade (Import-Export Analysis)

                                                5.1.4.2 Distribution Network & Retail Analysis

                5.2 Market Entry: The Administration

                                5.2.1 How to Register a Company (Flowchart)

                                5.2.2 Registration Processes 

                                                5.2.2.1 Ministries Involved

                                                5.2.2.2 Criteria and Conditions

                                5.2.3 List of Forms & Documents

                                5.2.4 Product Control Guidelines specified by the Government

6. Sources

7. Disclaimer

 

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