Healthcare consumables

Healthcare consumables

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Healthcare consumables
Healthcare consumables
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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.

How is this information gathered?
Updated: 25 Jul, 2022 Date of Production: 1 Dec, 2020
Nigeria
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
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Aimcare activity
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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.
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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