Kenya Dermatological Therapeutics Market Analysis

Kenya Dermatological Therapeutics Market Analysis

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Kenya Dermatological Therapeutics Market is at around $0.03 Bn in 2023 and is projected to reach $0.06 Bn in 2030, exhibiting a CAGR of 9.7% during the forecast period. The expansion of the market is driven by factors such as government initiatives, healthcare infrastructure development, changing lifestyles, and environmental factors. The market is dominated by key players like Glenmark Pharmaceuticals, Universal Pharmaceuticals Limited, Cosmos Limited, Almirall SA, Pfizer Inc., GlaxoSmithKline Plc, AbbVie Inc., Amgen Inc., Novartis AG, Roche, Sanofi, Bayer, and Johnson & Johnson.

ID: IN10KEPH035 CATEGORY: Pharmaceuticals GEOGRAPHY: Kenya AUTHOR: Aneri Parekh

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Kenya Dermatological Therapeutics Market Executive Summary

Kenya Dermatological Therapeutics Market is at around $0.03 Bn in 2023 and is projected to reach $0.06 Bn in 2030, exhibiting a CAGR of 9.7% during the forecast period.

In Kenya, dermatological therapy refers to a broad spectrum of medical procedures that are intended to identify and address different skin diseases. Healthcare practitioners in Kenya use both modern therapies and traditional remedies to manage skin illnesses, with an emphasis on addressing the particular dermatological difficulties that are common in the region. The aim of providing appropriate dermatological care for the Kenyan populace is reflected in this dynamic approach, which represents the junction of contemporary medicine and cultural practices.

The growing frequency of dermatological disorders and growing awareness of skin health are driving the continuous rise of the Kenyan market for dermatological therapeutics. To meet the growing need, major participants in the industry are concentrating on cutting-edge therapies and skincare products. The Kenyan market for dermatological therapies is growing as a result of government initiatives and investments in healthcare.

The global market for dermatological treatments generated $40.94 Bn in revenue by 2023, a substantial increase from the previous year. This shift in the sector is being driven by low-cost technology and modern production practices. Because of the dynamic combination of financial aid, innovation, and accessibility, the market for dermatological treatments has risen and expanded.

One of the major companies in Kenya's dermatological treatments industry is Glenmark Pharmaceuticals, which has a significant presence in the region. They actively participate in research and development to introduce cutting-edge therapies to the market. To increase access to dermatological care in Kenya, Glenmark collaborates with local healthcare organizations and institutions.

Kenya dermatological therapeutics market

Market Dynamics

Market Growth Drivers:

Technological Developments: New and improved dermatological treatment items and technology fuel the market expansion. Patients and healthcare professionals are drawn to innovative and enhanced treatment choices, such as cutting-edge medications, sophisticated medical equipment, and potent topical formulations.

Government Measures and the Development of Healthcare Infrastructure: The market for dermatological therapies benefits from government measures to enhance healthcare infrastructure and make medical services more accessible. This involves initiatives to improve dermatological services, educate medical personnel, and expand treatment accessibility.

Changing Lifestyles and Environmental Variables: Skin problems are exacerbated by changes in lifestyle, including nutrition, stress levels, and exposure to environmental variables. The need for dermatological treatments to treat skin disorders caused by these factors rises as lifestyles change.

Market Restraints:

Economic Factors: The cost-effectiveness of dermatological treatments may be impacted by Kenya's economic circumstances, particularly income distribution and general economic stability. The population's limited financial means could impede the market's expansion.

Insurance Coverage: Patients' access to different therapies may be impacted by the level of insurance coverage for dermatological treatments. Treatments that have significant out-of-pocket expenses or limited coverage may discourage people from pursuing them.

Competitive Landscape: Pharmaceutical companies may experience price wars and lower profit margins as a result of intense competition. This may reduce the incentives for businesses to spend money on developing and marketing dermatological treatments.

Healthcare Policies and Regulatory Landscape

The Pharmacy and Poisons Board (PPB) was created as the Drug Regulatory Authority by the Pharmacy and Poisons Act, Chapter 244 of the Kenyan Laws. The Board is in charge of regulating the production, distribution, and use of poisons and medications, as well as pharmacy practice. PPB assesses applications and product samples for quality, safety, and efficacy. The samples are thoroughly analyzed by three labs. Fast-track options are available for certain medications, potentially reducing the usual six- to one-year waiting period by several months. Ensuring that Kenyan people have access to reasonably priced, high-quality healthcare is the PPB's ultimate goal. The approval procedure itself could be a tedious and bureaucratic one, characterized by delays caused by unclear specifications, missing paperwork, and irregularities within the PPB.

Competitive Landscape

Key Players:

  • Glenmark Pharmaceuticals
  • Universal Pharmaceuticals Limited
  • Cosmos Limited
  • Almirall SA
  • Pfizer Inc.
  • GlaxoSmithKline Plc.
  • AbbVie Inc.
  • Amgen Inc.
  • Novartis AG
  • Roche
  • Sanofi
  • Bayer
  • Johnson & Johnson

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company Overview Product Applications and Services Recent Developments Partnerships Ecosystem Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Kenya Dermatological Therapeutics Market Segmentation

By Type

  • Prescription-based Drugs
  • Over-the-counter Drugs

By Disease

  • Alopecia
  • Herpes
  • Psoriasis
  • Rosacea
  • Skin Cancer
  • Acne
  • Atopic Dermatitis
  • Vitiligo
  • Hidradenitis
  • Other Applications

By Drug Class

  • Anti-infectives
  • Corticosteroids
  • Anti-acne
  • Calcineurin Inhibitors
  • Retinoids
  • Other Drug Classes

By Route of Administration

  • Topical Administration
  • Oral Administration
  • Parenteral Administration

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

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

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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.

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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)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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Last updated on: 22 February 2024
Updated by: Ritu Baliya

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