Tanzania Liver Diseases Therapeutics Market Analysis

Tanzania Liver Diseases Therapeutics Market Analysis


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By 2030, it is anticipated that the Tanzania liver disease therapeutics market will reach a value of $15 Mn from $9 Mn in 2022, growing at a CAGR of 6.6% during 2022-2030. The liver disease therapeutics in Tanzania is dominated by a few domestic pharmaceutical companies such as Africa Pharmaceutical Company, Dexa Medica, and Elys Chemical Industries. The liver disease therapeutics market in Tanzania is segmented into different types of disease and different therapy types. Some of the major factors affecting the market are the growing prevalence of liver diseases and unhealthy and dynamic lifestyles.

ID: IN10TZPH040 CATEGORY: Pharmaceuticals GEOGRAPHY: Tanzania AUTHOR: Dr. Vishwa Modhia

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Tanzania Liver Disease Therapeutics Analysis Summary

By 2030, it is anticipated that the Tanzania liver disease therapeutics market will reach a value of $15 Mn from $9 Mn in 2022, growing at a CAGR of 6.6% during 2022-2030.

Tanzania is a low-income, developing country in East Africa bordering the Indian Ocean. In Tanzania, liver illness is a major public health concern, with viral hepatitis being the predominant cause. In Tanzania, the prevalence of chronic hepatitis B is believed to be over 10%, whereas the prevalence of chronic hepatitis C is considered to be around 2%. Both disorders can result in liver cirrhosis and cancer.

According to the latest WHO data published in 2020 liver disease deaths in Tanzania reached 6,586 or 2.23% of total deaths. The age-adjusted death rate is 26.48 per 100,000 population ranks Tanzania the 72nd in the world. Tanzania's government spent 3.8% of its GDP on healthcare in 2020.

tanzania liver disease therapeutics market analysis

Market Dynamics

Market Growth Drivers

In Tanzania, like in other poor and middle-income countries, routine management of persons with HBV/HCV infection does not include treatment of HCV with antiviral medication followed by anti-HBV. Tanzanians rely heavily on traditional medicine, and several traditional herbal medicines have been linked to liver damage. This emphasizes the significance of regulating and monitoring traditional medicine use in the country. Tanzania is putting in place a regional cooperation strategy. Furthermore, the country receives international aid in the form of concessional loans.

Market Restraints

Hepatitis B is one of the world's most common infectious diseases, with a significant prevalence in most Sub-Saharan African countries. The complexity of its diagnosis and treatment presents a substantial management problem in resource-limited settings such as Tanzania, where most tests and medications are either unavailable or prohibitively expensive. Tanzania's pharmaceutical business is challenged by a lack of infrastructure, particularly insufficient storage facilities, which can have an impact on medicine quality and effectiveness.

Competitive Landscape

Key Players

  • Africa Pharmaceutical Company Ltd: Africa Pharmaceutical Company is a Tanzanian pharmaceutical company that produces a variety of therapeutic products, including those for liver disease. Its liver disease products include Silymarin and Ursodeoxycholic acid
  • Dexa Medica (T) Ltd: Dexa Medica is a Tanzanian pharmaceutical company that produces a range of therapeutics, including those for liver disease. Its liver disease products include Silymarin and Ursodeoxycholic acid
  • Elys Chemical Industries Ltd: Elys Chemical Industries is a Tanzanian pharmaceutical company that produces a variety of therapeutic products, including those for liver disease

Healthcare Policies and Reimbursement Scenarios

In Tanzania, the regulation of liver disease therapeutics is overseen by the Tanzania Food and Drugs Authority (TFDA), which is responsible for ensuring that all pharmaceutical products, including liver disease therapeutics, meet safety, efficacy, and quality standards. To be approved for use in Tanzania, liver disease therapeutics must be registered with the TFDA, and manufacturers must comply with Good Manufacturing Practices (GMP) and other regulatory requirements. In terms of reimbursement, the National Health Insurance Fund (NHIF) is responsible for providing health insurance coverage to Tanzanians.

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

Tanzania Liver Disease Therapeutics Segmentation

By Treatment Type (Revenue, USD Billion):

  • Chemotherapy
  • Antiviral Drugs
  • Vaccines
  • Immunosuppressants
  • Corticosteroids
  • Immunoglobulins
  • Targeted Therapy

By Disease Type (Revenue, USD Billion):

  • Non-alcoholic Fatty Liver Disease (NAFLD)
  • Autoimmune Diseases
  • Cancer
  • Hepatitis
  • Genetic Disorder
  • Others

By Distribution Channel (Revenue, USD Billion):

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

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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Stage III: Interpretation and Presentation

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Last updated on: 03 April 2023
Updated by: Riya Doshi

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