Healthcare consumables

Healthcare consumables

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Healthcare consumables
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Health Care
Health Care Providers
Business Model Description

Manufacture healthcare consumables.

Expected Impact

Improve coverage of healthcare service delivery, and increase access to quality healthcare.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Good health and well-being (SDG 3)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Quality Education (SDG 4)
Baby after birth
Photo by BCtA / MTTS
Case Study: MTTS provides access to medical treatment for neonatal patients in low-income communities
Medical Technology Transfer and Services (MTTS), a UNDP Business Call to Action (BCtA) member, delivers innovative, cost-effective solutions for newborns in need of intensive medical care. MTTS was established in 2004 in Vietnam and now serves hospitals in low-income communities across Asia as well as in Sub-Saharan Africa and Central America.
Aimcare activity
Photo by BCtA / Aimcare
Case Study: Aimcare improves women and child health through pharma inventory financing, education, water and sanitation products
Aimcare, a UNDP Business Call to Action (BCtA) member, promotes personal hygiene through healthcare products and services in low-income communities in Nigeria.
DrugStoc shop
Photo by DRUGSTOC
Case Study: DrugStoc delivers affordable and quality medical products to healthcare institutions
DrugStoc, a finalist of the EU-UNDP Nigeria Growth Stage Impact Ventures (GSIV), is an ISO certified service company leveraging technology to connect healthcare providers, such as hospitals and pharmacies with pharmaceutical manufacturers, to deliver affordable and quality medical products in a convenient fashion to healthcare institutions. Established in 2015 in Lagos, DrugStoc supplies medical products to over 4000 hospitals and clinics, pharmacies and health maintenance organization across Nigeria.
Sector Sources
  • 1) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G. (2019). Sustainable Development Report 2019. New York: Bertelsmann Stiftung and Sustainable Development Solutions Network (SDSN). 2) Federal Republic of Nigeria (2017). Economic Recovery and Growth Plan 2017 - 2020. Abuja: Ministry of Budget and National Planning. 3) Medic West Africa (2019). 2019 Healthcare market insights: Nigeria. https://www.medicwestafrica.com/content/dam/Informa/medic-west-africa/english/2019/HealthcareInsights.pdf 4) World Bank Database.
IOA Sources
  • 5) Flint Atlantic (2018). Who we are. http://www.flint-atlantic.com/about-us/ 6) Medic West Africa (2019). 2019 Nigeria medical device overview. https://www.medicwestafrica.com/content/dam/Informa/medic-west-africa/english/2019/NigeriaMedicalDeviceMarketOverview.pdf 7) PwC analysis (2020), based on Prof. A. Damodaran data. 8) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G. (2019). Sustainable Development Report 2019. New York: Bertelsmann Stiftung and Sustainable Development Solutions Network (SDSN). 9) Nigerian Investment Promotion Commission (2020). Tax holiday available to the medical and pharmaceutical sectors. https://nipc.gov.ng/2020/04/14/tax-holiday-available-to-the-medical-and-pharmaceutical-sectors/ 10) State Intel. https://estateintel.com/development-lagos-state-medical-park-medipark-ikoyi-lagos/ 11) Abuja-Ng.com (2014). Abuja medical city project. https://www.abuja-ng.com/abuja-medical-city-project.html 12) Agary Pharmaceutical (2021). Agary Pharmaceutical Ltd .... trusted quality. https://www.agarypharm.com/about-us-2/ 13) Federal Republic of Nigeria (2017). Implementation of the SDGs: a national voluntary review. https://sustainabledevelopment.un.org/content/documents/16029Nigeria.pdf 14) Federal Republic of Nigeria (2020). Integration of the SDGs into National Development Planning: A Second Voluntary National Review (2020). https://sustainabledevelopment.un.org/content/documents/26309VNR_2020_Nigeria_Report.pdf 15) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F (2020). The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. https://dashboards.sdgindex.org/profiles/NGA