AfricaMed Nigeria

What AfricaMed Nigeria does

Shenzhen AFKMED Medical Technology Co., Ltd., operating commercially as AFKMED and via its Nigerian subsidiary Africamed Bio Technology Limited, is a Shenzhen-headquartered medical device company founded in 2018 that distributes and supplies an integrated portfolio of medical equipment to hospitals, healthcare facilities, and small/medium distributors across 100+ countries. Core product categories include CPAP sleep therapy devices (AFK-IV-02 and AFK-IV-04) with proprietary flow tracking and REG algorithms, in-vitro diagnostics equipment (chemiluminescence immunoassay analyzers, blood coagulation analyzers, protein analyzers), ICU equipment (touch-screen respiratory machines, infusion and syringe pumps), portable and stationary oxygen concentrators, rapid test kits, and a consumer beauty sub-brand (iHelmet laser hair growth helmets and caps). The company operates an online-offline integrated service platform built on medical supply chain data, combining direct field sales with authorized regional service providers for preventive maintenance, calibration, and breakdown repair.

The business model is predominantly B2B hardware sales with cross-border distribution as the primary revenue stream. GTM is enterprise field sales supported by participation in international exhibitions (notably the West Africa Exhibitions in 2018 and 2019), social media presence, and a corporate website that funnels inquiries to direct sales contact. Wholly-owned regional offices in Hong Kong, Surrey (Canada), and Lagos (Nigeria) support localized sales, regulatory, and after-sales service. Pricing is fully contact-based with no public tiers, consistent with project-by-project hospital and distributor tendering rather than standardized e-commerce. Customer segments span hospitals, home-care patients, operating rooms, public health departments, POCT laboratories, and SMB medical distributors — with financing and inventory purchase support offered to the latter group.

Strategic positioning emphasizes accessibility of Chinese-manufactured medical devices to emerging markets, particularly Africa, where the company claims reach covering 80% of Africa's GDP and 60% of its population through 500+ partner relationships. Notable strategic actions include COVID-19 supply donations to Lagos State Government in partnership with the Chinese Consulate General in Lagos (2020) and medical device supply to Indian healthcare facilities during the COVID-19 second wave (2021), demonstrating cross-border crisis-response logistics capability. The company is privately held with no disclosed institutional funding, cap table, or audited revenue.

Name

AfricaMed Nigeria

Legal name

Shenzhen AFKMED Medical Technology Co., Ltd.

Website

https://africamed.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Shenzhen AFKMED (AfricaMed Nigeria) is a medical device company founded in 2018 that distributes CPAP, IVD, ICU, and oxygen concentrator equipment through regional offices in China, Hong Kong, Canada, and Nigeria, serving hospitals and distributors across 100+ countries.

Ownership category

akta.pro rank

Product category

Medical Equipment Distribution

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Surgical and Medical Instrument Manufacturing (339112)

SIC

Electromedical & Electrotherapeutic Apparatus (3845), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Remote Patient Monitoring (RPM) Platforms & Device Hubs (Connectivity/Gateways) (HLAHACAH)

akta.pro secondary industry

Personal Medical Devices & Home Diagnostics (Thermometers, Blood Pressure Monitors, Glucose Meters, Rapid Tests) (CRADAMAK)

Keywords

• Medical equipment distribution
• CPAP sleep therapy
• IVD diagnostics
• Oxygen concentrators
• ICU medical devices

Headquarters

HQ city

Shenzhen

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Medical Device Sales: Sale of medical equipment including CPAP devices, IVD products, oxygen concentrators, immunoassay analyzers, rapid test kits, ICU equipment, and beauty/hair growth products. The company operates an online and offline integrated service platform for medical institutions, hospitals, and distributors worldwide.
2. Cross-border Export Services: Through innovative Internet cross-border export business model, serving global medical equipment markets with product solutions and technical support to customers in 100+ countries.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Shenzhen AFKMED (AfricaMed Nigeria) distributes a portfolio of medical devices, including CPAP sleep therapy machines, in-vitro diagnostic (IVD) analyzers, oxygen concentrators, ICU equipment such as respiratory and infusion pumps, and laser-based hair growth systems, primarily to hospitals, healthcare institutions, and small-to-medium-sized distributors. The company operates an online and offline integrated service platform powered by medical supply chain big data and supports customers in more than 100 countries through regional offices and authorized field service providers.

Product overview

Shenzhen AFKMED Co., Ltd (AfricaMed Nigeria) is a medical equipment distributor founded in 2018, providing an integrated online and offline service platform for medical institutions worldwide. The product portfolio spans multiple categories: (1) CPAP sleep therapy devices including AFK-IV-04 and AFK-IV-02 with proprietary algorithms for respiratory monitoring; (2) Beauty and hair products including iHelmet laser Hair Growth Helmet and Laser hair growth cap utilizing laser therapy technology; (3) ICU equipment including 12.1-inch touch TFT hospital respiratory machines and Infusion Pump/Syringe pumps; (4) IVD (In Vitro Diagnostics) products including blood coagulation analyzers, protein analyzers, and chemiluminescence immunoassay hormone analyzers; (5) Oxygen concentrators for respiratory therapy. The company operates across Africa, Europe, Middle East, Southeast Asia, and Americas, serving customers in over 100 countries through branch offices in Shenzhen, Hong Kong, Canada, and Nigeria.

Differentiator

Problem solved

Functional benefit

Brands

• iHelmet: Laser hair growth system product line including helmets and caps for hair growth treatment
• AFKMED

Products and services

• Sleep Therapy Device CPAP AFK-IV-04
• Sleep Therapy Device CPAP AFK-IV-02
• iHelmet Laser Hair Growth Helmet
• Laser Hair Growth Cap
• 12.1-Inch Touch TFT Hospital Oxygen Breathing Machine
• Infusion Pump (Infusion and Syringe)
• Portable 2-Channel Blood Coagulation Analyzer
• Special Protein Analyzer (POCT IVD Clinical Equipment)
• Auto Medical POCT Blood Testing Equipment (Chemiluminescence Hormone Analyzer)
• POCT Blood Test Laboratory Immunoassay Analyzer (Chemiluminescence)
• Portable Battery Oxygen Generator Concentrator
• Portable Oxygen Concentrator (Compact)

Quantifiable outcome

• Business reaches 80% of Africa's GDP and 60% of Africa's population
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Chinese Consulate General in LagoscoreStrategic or Co-development Partner · 1 January 2020AFKMED participated in the COVID-19 donation initiative organized by the Chinese Consulate General in Lagos, joining Chinese-funded enterprises, overseas Chinese associations, and overseas Chinese in providing anti-epidemic materials and cash support to Lagos State, Nigeria during the pandemic.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Becton Dickinson: Global medical device and IVD major with presence across hospital, public-health, and POCT channels. Competes with AFKMED across IVD analyzers, infusion/syringe pumps, and broader medical-supply distribution.
• Mindray: Chinese medical-device major with established global distribution including Africa. Overlaps with AFKMED's IVD, patient monitoring, and ICU equipment categories but operates as a much broader, publicly funded incumbent.

Direct peers

• Fisher & Paykel Healthcare: New Zealand-based respiratory care and CPAP manufacturer. Competes directly with AFKMED's CPAP and hospital respiratory product lines, and is a benchmark for clinical-evidence-led CPAP product strategy.
• Contec Medical Systems: Chinese manufacturer of patient monitoring, IVD, and respiratory equipment with strong export distribution. Highly comparable to AFKMED in product mix (CPAP, IVD, patient monitors), Chinese manufacturing base, and multi-vertical cross-sell model.
• ResMed: Global CPAP and sleep-therapy market leader. Directly comparable to AFKMED's CPAP/Auto-CPAP product line with patented algorithms — ResMed competes in the same therapeutic category though at premium price points.
• Philips Respironics: Major CPAP and respiratory-care OEM within Philips' medical portfolio. Direct competitor to AFKMED's CPAP devices, oxygen concentrators, and hospital respiratory machines across the same hospital and home-care verticals.
• Drive DeVilbiss Healthcare: US-based manufacturer of oxygen concentrators, respiratory therapy devices, and sleep products. Directly comparable to AFKMED's oxygen concentrator and CPAP categories and competes in hospital and home-care segments.
• Yuwell: Chinese medical device manufacturer with overlapping product lines including oxygen concentrators, blood-pressure monitors, and respiratory equipment. Comparable as a Chinese-origin competitor with similar OEM/relabel distribution approach and emerging-markets focus.
• AEONMED: Chinese medical equipment manufacturer with ventilator and anesthesia focus, active across African and emerging markets. Closely comparable to AFKMED as a Chinese-origin medical-device OEM with cross-border export model and African distribution footprint.

Emerging players

• Sysmex: Global IVD and hematology leader. Comparable to AFKMED's IVD product line (blood coagulation analyzer, chemiluminescence immunoassay) and represents the high-end competitive frontier for AFKMED's POCT diagnostics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCo7qVpJ8VsYm6_1Ux9JJ5RA
• Facebookfacebook.com/afkmedoffical
• LinkedInlinkedin.com/company/africamed-nigeria

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AfricaMed Nigeria