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n South African Journal of Industrial Engineering - A strategic framework for start-up medical device manufacturers in South Africa

Volume 30 Number 3
  • ISSN : 1012-277X
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Abstract

An exploratory, qualitative study was conducted to establish why local medical device manufacturing firms are not starting up in South Africa. Semi-structured interviews were conducted with local medical device manufacturers to understand the market and the competitive environment in which companies operate, as well as elements of strategy implemented within these companies. The study concluded that local medical device manufacturers were not starting up in South Africa due to the high capital investment required, the prohibitive and unaligned regulatory framework, brand representation and the unwillingness of end users to switch to smaller brands, and cash flow and liquidity problems. Recommendations were made for start-up medical device manufacturers to mitigate any potential problems that might be faced, as well as for future policy development of medical devices. Included in this was the suggestion to realign South African medical device regulations with other successfully implemented regulations across the world.

ʼn Verkennende, kwalitatiewe studie is van stapel gestuur om te bepaal waarom plaaslike mediese toestel vervaardigingsfirmas nie in Suid-Afrika vestig nie. Semi-gestruktureerde onderhoude is gevoer met plaaslike mediese toestel vervaardigers om die mark en mededingendheidsomgewing, saam met elemente van die firmas se strategieë, beter te verstaan. Daar word afgelei dat plaaslike mediese toestel vervaardigers nie in Suid-Afrika vestig nie vanweë die hoë aanvangskoste, voorkomende en swak belynde regulasie raamwerk, handelsmerk verteenwoordiging en die onbereidwilligheid van eindgebruikers om van kleiner handelsmerke gebruik te maak, sowel as kontantvloei en likiditeit uitdagings. Aanbevelings is gemaak wat nuwe ondernemings sal help om potensiële probleme te addresseer en sal bydra tot toekomstige beleidsontwikkeling binne die verband. Ingesluit in die aanbevelings is die voorstel om die Suid-Afrikaanse mediese toestel regulasies te belyn met ander, suksesvol geïmplementeerde regulasies wat in ander dele van die wêreld aangetref word.

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/content/journal/10520/EJC-1bc5047400
2019-11-01
2020-10-22

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