Who are the leading innovators enabling access to health products in Africa?
This report profiles 20+ leading innovators enabling access to health products in Africa. Leading innovators partner with 100+ manufacturers and 75 public health institutions, reach ~50K providers (serving hundreds of thousands of patients per day) and deliver health products to millions of consumers directly.
How quickly are leading innovators growing?
Leading innovators in supply chain represent a growing force in African healthtech: they captured 57% of the funding raised in African healthtech in 2023. Kasha, the top grossing company, reported just over $50 million in revenue for 2023 – the highest reported by an African health supply chain innovator to date during our research. On average, these innovators have been in operation for 10 years.
Which solution categories are poised for scale?
Innovators offering digitally-enabled Order & Inventory Management services to hospitals, clinics, pharmacies and drug shops appear dominant amongst the leading companies, making up over half of the featured innovations. Four leading Online Pharmacies are reaching nearly 10 million customers and generating median annual revenues of nearly $9M. The other categories featured are innovations in Product Protection and Visibility, Medical Drone Delivery and Data Analytics.
How can innovators be supported to accelerate impact?
Leveraging innovations to help build the future of health markets will require catalytic actions from donors, industry, governments and global health agencies, including efforts to: simplify regulatory pathways; explore innovators’ ability to generate cost-savings for health systems, explore partnerships when the evidence is strong; and evolve contracting and payment systems to enable innovators to partner in healthcare delivery systems at larger scale.
The leading innovators stand out based on their traction and growing impact. Most are headquartered on the continent.
Innovations in Order and Inventory Management are emerging as the most prominent category, with 13 innovators operating across 30 countries.
Innovators’ ideal model for sustainable contracted partnerships with governments requires third-party organizations as intermediaries to de-risk contracts.
Donors, industry, governments and global health agencies must commit to championing efforts to simplify regulatory pathways, exploring partnerships that generate cost-savings and cost-effectiveness, developing evidence on innovation’s cost-savings, and cost-effectiveness and evolving contracting & payment approaches to enable innovators to partner in healthcare delivery systems at larger scale.
This report has been viewed 2443 times.This page offers a summary of the report’s findings, highlighting its key points. However, the full report contains more detailed and comprehensive information, critical for those seeking in-depth understanding of leading health technology innovators enabling product access in African markets.
Download and read the entire report to learn more!
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