Kenya's Artificial Intelligence (AI) in Healthcare Market is projected to grow from $4.83 Mn in 2022 to $101.48 Mn by 2030, registering a CAGR of 46.32% during the forecast period of 2022-30. The market will be driven by government initiatives and startups working to develop and implement AI solutions for healthcare. The market is segmented by healthcare components & by healthcare applications. Some of the major players include IBM Watson Health, NVIDIA & M-Tiba.
Kenya's Artificial Intelligence (AI) in the healthcare market is projected to grow from $4.83 Mn in 2022 to $101.48 Mn by 2030, registering a CAGR of 46.32% during the forecast period of 2022-30. Kenya's health system is broken down into three categories: public providers, private non-profit organizations, and private for-profit healthcare providers. Primary healthcare centers provide basic state-funded public healthcare. Private clinics of varying quality can be found in most major urban areas, including coastal beach resort areas like Diani and Malindi. Private hospitals are mostly concentrated in Nairobi, with a few options in Mombasa. The private Aga Khan University hospital in Nairobi is well-known and popular among foreign visitors. Kenya has one of the highest maternal mortality rates in the world, with mothers delayed in seeking care.
Acceding to the Government AI Readiness Index, Kenya is ranked number 78 globally but is ranked first amongst the 6 EAC member states. Kenya scored 28.75 on the technology pillar, which is lower than the global average of 35.17. Kenya, on the other hand, leads the region in terms of technology adoption and advancement. The Kenyan government has launched the National Health Information System (NHIS), a digital platform aimed at improving health data management and promoting the use of medical technology. In Kenya, a few startup companies and organizations are developing and implementing AI solutions for healthcare. M-Tiba, for example, is a mobile health platform that allows users to access healthcare services via their mobile phones. The platform also employs AI and machine learning algorithms to provide users with personalized healthcare recommendations. Ilara Health is a Kenyan startup that offers low-cost diagnostic equipment and services to Kenya's underprivileged areas. The company employs artificial intelligence-powered algorithms to assist doctors and healthcare providers in making accurate and timely diagnoses.
Market Growth Drivers
Kenya is experiencing a shortage of healthcare workers, particularly in rural areas. AI can assist in addressing this scarcity by automating routine tasks, freeing up healthcare workers to focus on more complicated cases. Healthcare costs are high in Kenya, and AI can greatly lower them by improving efficiency, reducing waste, and reducing errors. Kenya's startup ecosystem is expanding, and several startups are collaborating to develop and implement AI solutions for healthcare. Furthermore, the Kenyan government has launched a number of initiatives to encourage the use of technology in healthcare. The National Health Information System (NHIS), for example, seeks to digitize healthcare data and promote the use of technology in healthcare.
Market Restraints
Kenya has limited infrastructure, particularly in rural areas, which may limit the adoption and utilization of artificial intelligence in healthcare. Quality medical data is critical for developing and implementing AI solutions in healthcare. Kenya's healthcare data, on the other hand, is fragmented, and there are concerns about data privacy and security. Creating and implementing AI solutions necessitates technical expertise, which is scarce in Kenya. In Kenya, the regulatory framework for artificial intelligence in healthcare is still being developed, and there are concerns about the ethical implications of using AI in healthcare.
Key Players
March 2023, In Kenya, a collaborative data science hub is using artificial intelligence to improve health equity. Aga Khan University and the University of Michigan (U-M) held a series of meetings in Nairobi to advance a cutting-edge data science hub that uses machine learning to improve health and care delivery in local communities.
February 2023, A new tool developed by a team of Penn State researchers and Jacaranda Health - an organization dedicated to improving maternal and neonatal health outcomes in Africa - has been shown to improve health outcomes for new and expectant mothers in Kenya by providing better and more immediate access to maternal health care services.
1. Report Description of the Kenya Artificial Intelligence (AI) in the Healthcare Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Kenya Artificial Intelligence (AI) in Healthcare Market Executive Summary
2.1 Kenya Artificial Intelligence (AI) in Healthcare Market – Industry Snapshot & key buying criteria, 2022-30
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Kenya Artificial Intelligence (AI) in the Healthcare Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Kenya Artificial Intelligence (AI) in Healthcare Market Segmentation
4.1 By Healthcare Component
4.1.1 Software Solutions
4.1.2 Hardware
4.1.3 Services
4.2 By Healthcare Applications
4.2.1 Robot-Assisted Suregery
4.2.2 Virtual Assistants
4.2.3 Administrative Workflow Assistants
4.2.4 Connected Machines
4.2.5 Diagnosis
4.2.6 Clinical Trials
4.2.7 Fraud Detection
4.2.8 Cybersecurity
4.2.9 Dosage Error Reduction
5. Kenya Artificial Intelligence (AI) in Healthcare Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Market Players
7. Key Company Profiles
7.1 Company 1
7.1.1 Overview
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.1 Overview
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.1 Overview
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.1 Overview
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.1 Overview
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Kenya Healthcare Policies
8.2 Kenya Regulatory Framework
8.3 Kenya Pricing & Reimbursement Scenario
9. Factors Driving Future Growth
9.1 New Trends & Development in Kenya Artificial Intelligence (AI) in Healthcare Market
9.2 Future Opportunities
10. Strategic Recommendations
Artificial Intelligence (AI) in Healthcare Market is segmented as mentioned below:
By Healthcare Component (Revenue, USD Billion):
By Healthcare Applications (Revenue, USD Billion):
Insights10 will provide you with the reports within 10 key parameters which are:
Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.
Stage I: Market Data Collection
Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.
Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.
Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:
Stage II: Market Data Analysis and Statistical Model
Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.
Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.
The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.
The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.
Data Triangulation & Validation:
Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.
We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.
Stage III: Interpretation and Presentation
Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)
Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.
Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.
Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.
We value your inquiry and offer free customization with every report to fulfil your exact research needs.
This report addresses
Need more?