Market Entry - Wireless Healthcare Industry in Angola : Analysis of Growth, Trends and Progress (2016 - 2021)

Market Entry - Wireless Healthcare Industry in Angola : Analysis of Growth, Trends and Progress (2016 - 2021)

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About the Market

On the basis of technology, the wireless health market is further segmented into WPAN, WLAN/WiFi, WiMAX, and WWAN. The WPAN technology market segment accounted for the largest share of the global wireless health market, in 2015, due to low cost and highly secure facilities. WPAN links wireless health devices with computers, increasing accessibility to care. It is further segmented into Bluetooth, RFID, Ant+, Zigbee, Z-wave, and UWB. The Bluetooth segment accounted for the largest share of the market in 2015. Owing to the relatively slow deployment of managed telehealth systems, which is in part due to a reluctance from health providers to move past trials; issues with reimbursement and stringent regulations related to the use and storage of medical data; medical devices used by consumers to independently monitor their health shall provide the biggest uptake of wireless technology in consumer health devices, over the next five years. Federal mandates such as ‘meaningful use stage II’ and growing adoption of wireless health devices among the elderly, and patients suffering from chronic illnesses are some of the factors driving the growth of the market. In the developed regions, the market is estimated to grow rapidly over the forecast period due to rising internet penetration, growing medical tourism, and increasing government initiatives for e-health. Some of the major players in this market are All Scripts Healthcare Solutions Inc., AT &T Inc., Cerner Corporation, Omron Corporation, Philips Healthcare, Verizon Communications Inc., Qualcomm Inc., Aerohive Networks Inc., Vocera Communications Inc., and Alcatel-Lucent.

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 Wireless Healthcare Industry (USD millions)

                4.1 By Technology

                4.2 By Components

                4.3 By Application

                4.4 By End User

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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