By 2030, it is anticipated that the Kenya Oncology Therapeutics Market will reach a value of $263 Mn from $127 Mn in 2022, growing at a CAGR of 9.5% during 2022-30. The Oncology Therapeutics Market in Kenya is dominated by a few domestic pharmaceutical companies such as Avenue Healthcare, The Nairobi Hospital, and Cancer Care Kenya. The Oncology Therapeutics Market in Kenya is segmented into different types of cancer and different therapy type. The major risk factors associated with cancer are diet, alcohol, tobacco, air pollution, and physical inactivity. The demand for Kenya Oncology Therapeutics is increasing on account of the rise in initiatives taken by the Government of the country.
By 2030, it is anticipated that the Kenya Oncology Therapeutics Market will reach a value of $263 Mn from $127 Mn in 2022, growing at a CAGR of 9.5% during 2022-30.
Kenya is a lower middle-income, developing country in Eastern Africa bordering the Indian Ocean and Lake Victoria. Although progress has been made, such as the Cancer Action Plan, which was released in 2020, basic cancer care is still not where it should be for the majority of Kenyans. The Kenyan Network of Cancer Organizations (KENCO) is the national umbrella group for approximately 45 registered cancer civil society organisations scattered across the country that are working in various elements of cancer management in Kenya and are committed to a collaborative approach to cancer control. Cancer is the third biggest cause of mortality in Kenya, trailing only infectious and cardiovascular disorders.
The Cancer Prevention and Control Act, which establishes the National Cancer Institute to coordinate and govern cancer control activities in the country, is part of the regulatory framework. In terms of reimbursement for oncology services, Kenya has a social health insurance scheme known as the National Hospital Insurance Fund (NHIF). Kenya's government spent 4.6% of its GDP on healthcare in 2020.
Market Growth Drivers Analysis
Cancer cases are increasing throughout Kenya's population. The International Agency for Research on Cancer (IARC) GLOBOCAN report for 2018 anticipated 47,887 new cancer cases per year, with 32,987 deaths. The Eldoret Cancer Registry (ECR) provides statistics and epidemiologic profiles for western Kenya. These aspects could boost Kenya's Oncology Therapeutics Market.
Market restraints
Cancer care is extremely expensive in Kenya, and many cancer patients are concerned about both their sickness and the cost of care. These cancer care inequalities can span multiple spectrums and transcend individual characteristics such as ethnicity, religion, gender, and socioeconomic background. They are exacerbated by a scarcity of cancer doctors, a scarcity of community-based cancer centres, low health insurance uptake, a complex health system, poverty and wealth index discrepancies, and climate change.
Despite the fact that tertiary public hospitals serve more than 80% of cancer patients in the country, almost all of whom are in Nairobi, patient volumes and a lack of modern cancer machines cause treatment interruption and long waiting times, resulting in distress as well as time and financial toxicity. Kenya has 0.2 radiation machines per 1,000 cancer patients. These factors may deter new entrants into the Kenya Oncology Therapeutics Market.
Key Players
April 2023: Moderna, a renowned pharmaceutical company, stated that it is convinced that vaccinations for cancer, cardiovascular and autoimmune illnesses, and other conditions will be available in Kenya by 2030.
February 2023: In February 2023, the Kenyan government will organise the first-ever National Cancer Summit 2023, concluding in the commemoration of World Cancer Day. This reflects the need for a more coordinated and multi-sectoral response to Kenya's expanding cancer burden.
June 2022: Janssen Kenya, NHIF Sign an agreement to improve access to Prostrate Cancer Drugs. Following the signing of a joint Memorandum of Understanding (MoU) between NHIF and Johnson & Johnson Middle East FZ-LLC (Janssen Kenya), the prescription drug Abiraterone Acetate, which is used to treat advanced prostate cancer, will be made available to NHIF members as part of their current benefits package.
The National Cancer Institute of Kenya was founded in accordance with the Cancer Prevention and Control Act No. 15 of 2012. In Kenya, oncology services are regulated by the Ministry of Health through the National Cancer Control Program (NCCP). The NCCP is responsible for policy formulation, planning, and implementation of cancer control programs, including oncology services. Health care is not publicly funded in Kenya. Most patients pay for health care through insurance schemes or via expensive out-of-pocket costs. According to the National Health Insurance Fund, the leading government-owned insurance company, only 25% of the Kenyan population is insured, not to mention the limited remittances of cancer treatment costs and bureaucratic pre-authorisation hoops.
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
Oncology Therapeutics Segmentation
By Application (Revenue, USD Billion):
By Drugs (Revenue, USD Billion):
By Therapy (Revenue, USD Billion):
By Route of Administration (Revenue, USD Billion):
By Distribution Channel (Revenue, USD Billion):
Methodology for Database Creation
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1. Secondary Research
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Combining Secondary and Primary Research
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