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Industry Landscape
The African healthcare technology sector is experiencing significant growth, driven by increasing internet penetration, mobile adoption, and a strong demand for improved healthcare access and affordability. Companies are leveraging technology to address inefficiencies in pharmaceutical supply chains, improve patient access to medication, and enhance healthcare delivery across the continent. Innovation in business models and digital solutions is key to overcoming existing infrastructure and financial barriers.
Total Assets Under Management (AUM)
Healthcare Expenditure per Capita in Ghana
~Approximately 128 USD (2021) [Citation: World Bank. (2021). Current health expenditure per capita (current US$) - Ghana. Retrieved from data.worldbank.org]
(10-15% (estimated, varies by sub-sector) CAGR)
Growth driven by increasing demand and private investment.
Healthcare expenditure in Ghana has shown a consistent upward trend, reflecting increasing investment and demand for healthcare services.
This growth is influenced by government initiatives, private sector participation, and a growing population with increasing healthcare needs.
Total Addressable Market
2.2 Billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Predictive Analytics
Utilizing artificial intelligence and machine learning algorithms to forecast drug demand, optimize inventory, and identify potential supply chain disruptions, enhancing efficiency and reducing stock-outs.
Blockchain for Supply Chain Traceability
Implementing distributed ledger technology to ensure end-to-end transparency and immutability of drug origins, combating counterfeit medications and building patient trust.
Telemedicine & Remote Patient Monitoring
Leveraging digital platforms for virtual consultations and remote health tracking, extending healthcare access beyond physical clinics and improving patient adherence and outcomes.
Impactful Policy Frameworks
National Health Insurance Act, 2012 (Act 852)
This Act established and regulates the National Health Insurance Scheme (NHIS) in Ghana, aiming to provide affordable and accessible healthcare services to all citizens.
This policy directly impacts mPharma's patient affordability model by potentially expanding the scope of covered medications and requiring integration with NHIS for broader patient reach.
Public Health Act, 2012 (Act 851)
This Act consolidates the laws relating to public health in Ghana, including provisions for drug registration, quality control, and the regulation of pharmaceutical practices.
This policy directly affects mPharma's quality assurance and supply chain compliance, requiring strict adherence to drug registration and quality control standards for all supplied medications.
Electronic Transactions Act, 2008 (Act 772)
This Act provides for the legal recognition of electronic transactions, electronic signatures, and electronic records in Ghana, facilitating digital commerce and services.
This policy supports mPharma's digital payment solutions (e.g., mobile money for Mutti card payments) and the electronic management of pharmaceutical transactions, enhancing operational efficiency and legal validity.
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