About Medical Device Distributors sector in Africa
The Medical Device Distributors sector in Africa comprises 331 companies, including 12 funded companies having collectively raised $1.73M in venture capital money and private equity. Out of these, 15 are Series A+ funded.
Medical Device Distributors sector in Africa has seen 6 acquisitions and 8 IPOs. This represents almost 4.2% of all such companies - which is higher than the 4.0% exit rate of tech companies in general.
This sector includes companies which distribute various products in the medical devices industry from manufacturers to a range of healthcare providers including clinical labs, clinics, hospitals, rehabilitation centers, and veterinary clinics and hospitals among others.
Medical Device Distributors sector is also known as Medical Device Distributors Solutions, Advanced Medical Device Distributors or Digital Medical Device Distributors.
Medical devices, equipment and consumables distributors, refurbished equipment distributors, veterinary equipment distributors, and B2B Medical Device eCommerce companies including online marketplaces and E-Distributors. Medical device manufacturing companies which have own distribution capabilities and third-party healthcare logistics and supply chain companies are excluded.
Top Medical Device Distributors Companies in Africa
There are 331 Medical Device Distributors startups in Africa which include T2S Group, Pyramid Pharma, Biocombiotech, Krishna Chemists, Africa Biosystems. Out of these, 12 startups are funded, with 15 having secured Series A+ funding.
2026 has seen the creation of 3 Medical Device Distributors startups in Africa. Over the past 10 years, an average of 6 new companies have been launched annually.
Here is the list of top Medical Device Distributors startups in Africa
1. T2S Group
Provider of medical equipment, devices, pharmaceutical, and software solutions. The company offers a range of products, including imaging equipment, in-vitro diagnostics, and surgical instruments. It also provides software for image archiving and communication, along with contrast media and radiopharmaceuticals. The company distributes medical devices for diagnostics and treatment.
Key facts about T2S Group
- Founded Year: 1992
- Location: Nouaceur (Morocco)
- Stage: Acquired
- Investors: Europa
- Latest Funding Round: Grant (prize money), May 11, 2023, $*****
- Tracxn Score: 37/100 What is this?
- Competitors Rank: 2 of 4 Competitors
Key facts about Pyramid Pharma
- Founded Year: 2001
- Location: Dar es Salaam (Tanzania)
- Stage: Series A
- Investors: LeapFrog Investments and IFHA
- Latest Funding Round: Series A, Sep 26, 2018, $*****
- Tracxn Score: 32/100 What is this?
- Competitors Rank: 2 of 2 Competitors
Provider of laboratory equipment and supplies. It sources products from trusted manufacturers, ensuring high reliability and adherence to industry standards. The company offers a wide selection of products, including instruments, consumables, and reagents, catering to diverse laboratory needs. Experienced application specialists and technical experts provide personalized support. Timely delivery is ensured, allowing clients to focus on research. Bulk ordering is available. The company also facilitates special imports upon request.
Key facts about Biocombiotech
- Founded Year: 2003
- Location: Tshwane (South Africa)
- Stage: Acquired
- Tracxn Score: 29/100 What is this?
Key facts about Krishna Chemists
- Founded Year: 2013
- Location: Nairobi (Kenya)
- Stage: Unfunded
- Tracxn Score: 28/100 What is this?
- Competitors Rank: 3 of 16 Competitors
Key facts about Africa Biosystems
- Founded Year: 1999
- Location: Nairobi (Kenya)
- Stage: Acquired
- Investors: Real Ventures and Angel Star Ventures
- Tracxn Score: 27/100 What is this?
Companies founded year-on-year in the Medical Device Distributors sector in Africa
3 new startups have been founded so far in 2026 in the Medical Device Distributors sector in Africa. 14 Medical Device Distributors startups in Africa were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 3 |
2025 | 2 |
2024 | 4 |
2023 | 4 |
2022 | 6 |
2021 | 5 |
2020 | 9 |
2019 | 8 |
2018 | 14 |
2017 | 9 |
Stage-wise distribution of Medical Device Distributors sector companies in Africa
Out of the total 331 Medical Device Distributors companies in Africa, 12 have secured funding. Among them, 15 have reached Series A or higher, and 14 to Series B or beyond.
Founded - 331
Funded - 12
Series A+ - 15
Series B+ - 14
Series C+ - 14
Company Stage | No. of companies |
|---|---|
Founded | 331 |
Funded | 12 |
Series A+ | 15 |
Series B+ | 14 |
Series C+ | 14 |
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Funding Trends in the Medical Device Distributors sector in Africa
Recent Funding Rounds in Medical Device Distributors in Africa
In the year 2018, till September 2018, Medical Device Distributors companies in Africa have raised equity funding across 1 round.
Here are some recent, important funding rounds in Medical Device Distributors companies in Africa:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 7261 | Sep 26, 2018 |
Top Investors in Medical Device Distributors in Africa
Everstone Capital is the top investor in Medical Device Distributors companies in Africa based on number of companies invested.
Here are some top investors in Medical Device Distributors companies in Africa:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Singapore (Singapore) | - | |
Port Louis (Mauritius) | - | |
Amsterdam (Netherlands) | ||
Amsterdam (Netherlands) | - | |
Nairobi (Kenya) |
M&A activity in Medical Device Distributors sector in Africa
In the year 2023, till September 2023, 1 acquisition happened in Medical Device Distributors sector in Africa.
Here are some recent, important acquisitions in Medical Device Distributors sector in Africa:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 26, 2023 | ||
Business Acquisition | Dec 2021 | ||
Business Acquisition | Jun 01, 2021 | ||
Business Acquisition | Sep 15, 2020 | ||
Business Acquisition | Mar 2017 |
Acquisition trends in Medical Device Distributors sector in Africa
Here are the acquisition trends in Medical Device Distributors sector in Africa:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | 1 |
2022 | - |
2021 | 2 |
2020 | 1 |
2019 | - |
2018 | - |
2017 | 1 |
Top News in Medical Device Distributors in Africa
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