Kenya Liver Cancer Therapeutics Market Analysis

Kenya Liver Cancer Therapeutics Market Analysis


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By 2030, it is anticipated that the Kenya Liver Cancer Therapeutics market will reach a value of $8.1 Mn from $2.1 Mn in 2022, growing at a CAGR of 18.7 % during 2022-2030. Liver Cancer Therapeutics in Kenya is dominated by a few domestic pharmaceutical companies such as Cosmos Limited, Medisel and Hetero Labs. The Liver Cancer Therapeutics market in Kenya is segmented into different types of cancer and different therapy type. Some of the major factors affecting the Kenya Liver Cancer Therapeutics market are the growing prevalence of liver cancer and the high cost and side effects related to certain liver cancer therapies.

ID: IN10KEPH039 CATEGORY: Pharmaceuticals GEOGRAPHY: Kenya AUTHOR: Dr. Vishwa Modhia

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Kenya Liver Cancer Therapeutics Analysis Summary

By 2030, it is anticipated that the Kenya Liver Cancer Therapeutics market will reach a value of $8.1 Mn from $2.1 Mn in 2022, growing at a CAGR of 18.7 % during 2022-2030.

Kenya is a lower middle-income, developing country in Eastern Africa bordering the Indian Ocean and Lake Victoria. The most common risk factors for liver cancer in Kenya include chronic hepatitis B and C infections, heavy alcohol consumption, and aflatoxin exposure. About 7.3% of the estimated cancers in Kenya, were liver cancers attributed to alcohol drinking. In Kenya, liver cancer is more common in men than in women, with a male-to-female ratio of 2:1.

According to the latest WHO data published in 2020 Liver Cancer Deaths in Kenya reached 1,351 or 0.51% of total deaths. The age-adjusted Death Rate is 5.77 per 100,000 population ranks Kenya the 82nd in the world. It comes up at number nine of the worst killer cancers, due to delay in diagnosis and lack of specialists to treat the menace. Kenya’s government spent 4.6 % of its GDP on healthcare in 2020.

Kenya Liver Cancer Therapeutics Analysis

Market Dynamics

Market Growth Drivers Analysis

Hepatocellular carcinoma (HCC) is the most frequent type of liver cancer in Kenya, accounting for 80-90 % of cases. Kenya is still carrying out the president's Big Four Agenda, which prioritises food security, manufacturing employment, universal and affordable health care, and affordable housing. Kenya has a rapidly growing population as well as a growing middle class. These aspects could boost Kenya's Liver Cancer Therapeutics market.

Market Restraints

The cost of liver cancer therapy in Kenya can be prohibitively expensive, and many people cannot afford it. This can lead to delayed diagnosis and treatment, lowering the chances of a successful outcome. Surgery, chemotherapy, radiation therapy, and targeted therapy are all options for treating liver cancer in Kenya. Access to these treatments, however, is limited in many sections of the country, particularly in rural areas. Kenya faces ongoing challenges due to a lack of infrastructure and a scarcity of skilled personnel. These factors may deter new entrants into the Kenya Liver Cancer Therapeutics market.

Competitive Landscape

Key Players

  • Hetero Labs Kenya Ltd: Hetero Labs is a subsidiary of Hetero, a global pharmaceutical company that has a presence in Kenya. The company offers liver cancer drugs such as Sorafenib, a targeted therapy drug used in the treatment of liver cancer
  • Medisel Kenya Ltd: Medisel Kenya is a local pharmaceutical company that specializes in the distribution of pharmaceutical products. The company offers liver cancer drugs such as Doxorubicin, a chemotherapy drug used in the treatment of liver cancer
  • Neopharma Kenya Ltd: Neopharma Kenya is a subsidiary of Neopharma, a global pharmaceutical company that has a presence in Kenya. The company offers liver cancer drugs such as Capecitabine, a chemotherapy drug used in the treatment of liver cancer
  • Cosmos Limited: Cosmos Limited is a local pharmaceutical company that offers liver cancer drugs such as Fluorouracil, a chemotherapy drug used in the treatment of liver cancer
  • East African Oncology Institute: The institute is a private cancer treatment centre in Kenya that offers liver cancer treatment
  • Oncopadi: Oncopadi is a healthcare startup in Kenya that offers cancer diagnosis, treatment, and management services, including liver cancer treatment
  • African Cancer Foundation: The foundation is a non-profit organization in Kenya that aims to improve cancer awareness, prevention, and treatment in Africa, including liver cancer

Recent Notable Updates

May 2022: Kenya will soon begin performing delicate liver cancer surgeries at the Moi Referral and Teaching Hospital (MTRH) after three North Rift counties were chosen for study and training on the disease, which is responsible for many deaths in the region. France is supporting a $31,000 liver cancer project, while Peru will train Kenyan physicians. MTRH will be equipped with specialised cancer surgery treatment equipment, and surgeons, clinicians, and technicians will be trained locally, in Peru, and in Paris.

Healthcare Policies and Reimbursement Scenarios

The regulation and reimbursement of liver cancer therapeutics in Kenya are overseen by the Pharmacy and Poisons Board (PPB) and the National Health Insurance Fund (NHIF), respectively. The PPB is responsible for approving and registering all drugs and other pharmaceutical products used in Kenya, including those used for liver cancer treatment. The NHIF is the main government-funded health insurance scheme in Kenya and provides coverage for a wide range of medical services, including cancer treatment.

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
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 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

Liver Cancer Therapeutics Segmentation

By Type (Revenue, USD Billion):

  • Hepatocellular Carcinoma
  • Cholangio Carcinoma
  • Hepatoblastoma
  • Other Types

By Treatment (Revenue, USD Billion):

  • Chemotherapy
  • Immunotherapy
  • Targeted Therapy
  • Radiation Therapy
  • Ablation Therapy
  • Embolization Therapy

By Equipment (Revenue, USD Billion):

  • Computed Radiography
  • MRI
  • Sonography
  • Others

By Route of Administration (Revenue, USD Billion):

  • Oral
  • Intravenous

By End User (Revenue, USD Billion):

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

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”.

 

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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
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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: 20 March 2023
Updated by: Riya Doshi

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