Abstract
Research was carried out in the clinical laboratory products markets of South
Africa. A thorough PESTLE analysis was conducted to investigate the political,
environmental, social, technology, legislative, and economic stability of the
country. The market size for 2007 was established, and growth forecasts for
the period 2008-2013 were determined based on the variables influencing this
market. Companies participating in this market as well as their individual
market shares were determined. A thorough analysis on the industry challenges,
market drivers, and market restraints were determined. A SWOT analysis
complemented the future opportunities and recommendations made by the analyst
for this market.