The Kenya Diabetes Devices Market is expected to witness growth from $16 Mn in 2022 to $30 Mn in 2030 with a CAGR of 8.30 % for the forecasted year 2022-2030. The main factors behind Kenya's increasing healthcare costs are the country's expanding population and the government's focus on improving healthcare facilities. This increased spending is likely to increase demand for diabetes devices. The market is segmented by type and by the end user. Some key players in this market include Kijenzi, APICALMED, Johnson & Johnson, Philipps Healthcare, Medtronic, Roche and Dexcom.
The Kenya Diabetes Devices Market is at around $16 Mn in 2022 and is projected to reach $30 Mn in 2030, exhibiting a CAGR of 8.30 % during the forecast period. Kenya incurred costs for healthcare totalling $2,743 million. That is the same as 7% of the nation's GDP. Our ongoing medical expenses are paid for by families directly (32%), our government (31%), and our taxes (31%). Donor gifts come in second, with a sizable 26% share. In Kenya, health insurance makes up a pitiful 13% of total health spending.
In Kenya, 2.1% of adults (20-79 years) had diabetes in 2021. This equates to roughly 700,000 adult Kenyans who have diabetes. In Kenya, there were 1,600 fatalities brought on by diabetes in 2021. By 2045, the prevalence of diabetes in Kenya is expected to increase to 2.6%, representing an anticipated 1.3 million adult diabetics. Additionally, a sizable portion of diabetes cases in Kenya go undiagnosed; it is believed that 42.4% of adults with diabetes are unaware of their illness. This emphasises the significance of screening and early identification programmes to assist in identifying and managing diabetes in Kenya. People with diabetes in Kenya are able to benefit from and use diabetes devices in a variety of ways. They can assist people in better controlling their condition, lowering the chance of complications, and enhancing their general standard of life. The expense and availability of these devices, however, can restrict access, so initiatives to widen access to these devices and educational programs should take precedence.
Market Growth Drivers
The main factors behind Kenya's increasing healthcare costs are the country's expanding population and the government's focus on improving healthcare facilities. This increased spending is likely to increase demand for diabetes devices as more people become aware of how important it is to effectively manage their diabetes. Insulin pumps and continuous glucose monitoring systems are just a couple of the new and improved diabetes devices that manufacturers are continuously developing. Due to these technological developments, there will probably be a rise in the demand for diabetes devices in Kenya, particularly among those who want more cutting-edge and useful devices.
In Kenya, many diabetes devices, including insulin pumps and continuous glucose monitoring systems, can be pricey, rendering them inaccessible to many Kenyans who might not be able to afford them. Because of their high price, these devices are in lower demand, which can restrain market development.
2022: In order to improve diabetes care in Kenya, Sanofi Kenya, a pharmaceutical business, merged forces with Access Afya, a Kenyan healthcare organization, in 2022. In Kenya's underserved communities, the partnership seeks to offer affordable diabetes treatment, including diabetes devices and medications.
The Pharmacy and Poisons Board (PPB), the Kenya Bureau of Standards (KEBS), and the Ministry of Health (MOH) are just a few of the government organisations that keep an eye on the healthcare laws and regulations in Kenya's market for diabetes devices. Diabetes devices must be registered with the PPB and are subject to Kenyan law. Before they can be sold in the nation, diabetes devices are required by the PPB to go through a rigorous registration procedure that includes testing, evaluation, and approval. Prior to going on sale to the general public, the registration procedure is meant to make sure that diabetes devices adhere to a set of safety and quality requirements. The creation and enforcement of guidelines for diabetes devices is the responsibility of the KEBS. Prior to being approved for use in Kenya, the KEBS guarantees that diabetes devices meet a number of requirements, including safety, quality, and performance standards. To make sure that producers of medical devices adhere to these standards, the KEBS also performs checks and audits.
1. Report Description of the Kenya Diabetes Devices 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 Diabetes Devices Market Executive Summary
2.1 Kenya Diabetes Devices Market – Industry Snapshot & key buying criteria, 2022-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Kenya Diabetes Devices Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Kenya Diabetes Devices Market Segmentation
4.1 By Type
4.1.1 Blood glucose monitoring systems
4.1.2 Self-monitoring blood glucose monitoring systems
4.1.3 Continuous glucose monitoring systems
4.1.4 Test strips/Test papers
4.1.5 Lancets/Lancing Devices
4.1.6 Insulin delivery Devices
4.1.7 Insulin pumps
4.1.8 Insulin pens
4.1.9 Insulin syringes and needles
4.1.10 Diabetes management mobile applications
4.2 By End User
4.2.1 Hospitals & specialty clinics
4.2.2 Self & home care
5. Kenya Diabetes Devices Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Kenya
8.2 Regulatory Framework in Kenya
8.3 Pricing & Reimbursement Scenario in Kenya Diabetes Devices Market
9. Factors Driving Future Growth
9.1 New Trends and Development Kenya Diabetes Devices Market
9.2 Future Opportunities
10. Strategic Recommendations
By Type (Revenue, USD Billion):
The market is divided into blood glucose monitoring systems, insulin delivery systems, and mobile applications for managing diabetes within the type segment. Due to its convenience, ease of use, and usefulness in providing patients and healthcare professionals with real-time insights regarding diabetic conditions for integrated diabetes management, the segment for diabetes management mobile applications is anticipated to grow at the highest rate during the forecast period. Bare-metal Stents
By End User (Revenue, USD Billion):
The diabetes market is divided into hospitals & specialty clinics and self & home care, based on the end user.
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