Kenya's oncology clinical trials market is projected to grow from $8.86 Mn in 2022 to $14.8 Mn by 2030, registering a CAGR of 6.6% during the forecast period of 2022-30. The market will be driven by the country's high cancer burden and increased interest in conducting clinical trials in the nation by global pharmaceutical corporations. The market is segmented by phase, study design, and indication. Some of the major players include Pfizer Inc., Roche Holding AG, and Novartis International AG.
Kenya's oncology clinical trials market is projected to grow from $8.86 Mn in 2022 to $14.8 Mn by 2030, registering a CAGR of 6.6% during the forecast period of 2022 - 2030. Kenya was the third biggest economy in Sub-Saharan Africa as of 2020, after only Nigeria and South Africa. In Kenya, noncommunicable diseases (NCDs) account for 37% of DALYs. In Kenya, the likelihood of acquiring cancer before the age of 75 years (%) is 18% for women and 14.3% for men, while the risk of dying from cancer before the same age is 12.7% for women and 10.3% for men. The five commonest cancers in Kenya for both sexes are breast, cervical, prostate, oesophageal, and colorectal.
The environment for oncology clinical trials in Kenya is still developing, although there has been a surge in interest in cancer research and therapy in recent years. Cancer is a major problem in the nation. Several hospitals and research centers in Kenya such as Aga Khan University Hospital, Kenyatta National Hospital, Kenya Medical Research Institute & University of Nairobi are involved in oncology clinical trials. While the oncology clinical trials scenario in Kenya has both opportunities and challenges, the country's increased interest in cancer research and therapy, as well as its dedication to establishing its research infrastructure, implies that it has the possibility of becoming a significant player in the global oncology research landscape.
Market Growth Drivers
Many reasons are driving the expansion of oncology clinical trials in Kenya. One of the primary factors is the country's high cancer burden, which has led to an increase in interest in cancer research and treatment among researchers, doctors, and legislators. This has resulted in high demand for novel treatments as well as a better knowledge of the genetic and molecular pathways behind various forms of cancer in the Kenyan population. Another driver of oncology clinical trials in Kenya is the increased interest in conducting clinical trials in the nation by global pharmaceutical corporations. As Kenya's healthcare system develops and improves, pharmaceutical firms are more interested in establishing a presence in the nation and undertaking clinical studies focusing on cancer treatment and prevention.
There are also various barriers to the expansion of oncology clinical trials in Kenya. Scarcity of skilled professionals, such as clinical trial coordinators, data managers, and regulatory specialists. This may make conducting clinical studies that fulfill international standards and regulatory criteria challenging. Another constraint is the scarcity of financing for clinical trials, especially for smaller or independent research institutes. This may make conducting high-quality clinical studies that match international requirements and capture the attention of multinational pharmaceutical corporations challenging.
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Clinical Trials Regulation in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 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)
220.127.116.11 Product Applications and Services
18.104.22.168 Recent Developments
22.214.171.124 Partnerships Ecosystem
126.96.36.199 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
6. Methodology and Scope
By Phase (Revenue, USD Billion):
By Study Design Outlook (Revenue, USD Billion):
By Indication Outlook (Revenue, USD Billion):
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