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Kenya Oncology Drug Market 2023 Share, Size, Key Players, Revenue Analysis | Prudent Markets

06-19-2023 07:14 PM CET | Health & Medicine

Press release from: Prudent Markets

Kenya Oncology Drug Market

Kenya Oncology Drug Market

The Kenya Oncology Drug Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Kenya Oncology Drug market. This report explores all the key factors affecting the growth of the global Kenya Oncology Drug market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Report Overview

The Oncology Drug market size in Kenya stood at around USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

In Kenya, Cancer is the third leading cause of death after infectious diseases and cardiovascular diseases. The annual incidence of cancer in Kenya is about 28 000 new cases with an annual mortality of 22 000 cases, that is, 78.5% of the victims do not survive. The five most common cancer in Kenya are Breast, Cervical, Prostate, Oesophagus and Colorectal Cancer. The leading cause of deaths among females is Cervical cancer followed by Breast cancer and among males is Prostate cancer followed by Oesophagus cancer. The rising incidence of cancer in Kenya may be attributed to increase in the ageing population, adoption of unhealth lifestyles, tobacco and alcohol consumption and physical inactivity. Some chronic infections are risk factors for cancer, in low- and middle-income countries. These carcinogenic infections are caused by Helicobacter pylori, Human papillomavirus (HPV), Hepatitis B virus, Hepatitis C virus, and Epstein-Barr virus.

Market Drivers

The market is majorly driven by the rising incidence of cancer cases in Kenya, which is the primary reason for growth in the Oncology Drug market. As the burden of cancer cases increase in the young population due to increase in the risk factors, need for therapies like Immunotherapy and Targeted Therapy emerge.

Increasing levels of awareness related to early diagnosis and screening of breast and cervical cancers in females and available therapies are leading to a high growth of Oncology Drug.

Increase and an improvement in the diagnostic capabilities in the country will propel growth in the oncology Drug market in Kenya in the forecasted period.

However, the side effects caused by Chemotherapy and Immunotherapy are restraining market growth. Some of the products are withdrawn from the market due to serious side effects. Other restraints of market growth include high cost of treatment and oncology Drug. The National Hospital Insurance Fund (NHIF) provides only 25,000 Kenyan Shillings per patient towards cancer care.

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Market Segmentation

By Indication:

On the basis of Indication, the Oncology Drug market can be segmented into Breast cancer, Cervix-Uteri cancer, Prostate cancer, Oesophagus cancer, Non-Hodgkin Lymphoma, colorectal cancer, Stomach cancer, Lung cancer, Blood cancer, ovarian cancer and other cancers.

According to Global Cancer Observatory, Breast Cancer is the most common type of cancer in Kenya, accounted for 16% of all cancer cases in 2020 in Kenya, followed by Cervical cancer (12.4%), Prostate cancer (8.1%), Oesophagus cancer (7.1%) and Colorectal cancer (6.5%).

By Drug Class:

On the basis of drug class, the Oncology Drug market can be segmented into Chemotherapy, Immunotherapy, Targeted Therapy and Hormone Therapy and other drug classes.

Immunotherapy is a type of cancer treatment that helps immune system of the body to fight cancer cells. Immunotherapy comprises of monoclonal antibodies, interferons and interleukins.

Immunotherapy and Targeted Therapy segment are anticipated to grow with the largest share in the market in the forecasted period owing to the identification of molecular targets of the cancer cells.

Revlimid, Avastin, Herceptin, Rituxan, Opdivo, Gleevec, Velcade, Imbruvica, Ibrance, Zytiga, are among the top selling Drug in Oncology Drug Market. Revlimid is a top selling oral immunomodulatory drug attacking the cancer cells by impacting on the immune system.

By Distribution Channels:

On the basis of distribution channel, the oncology Drug market can be segmented into Hospital pharmacies, retail pharmacies, online pharmacies and others.

Hospital pharmacies segment will see the fastest growth in the forecasted period and has the maximum market share.

Major Players

Key players in the oncology Drug market in Middle East and Africa region include Merck, Eli Lilly, Novartis, GSK, Johnson & Johnson, Amgen and Bristol Myers Squibb. Factors such as the high prevalence of cancer cases and the strong pipeline of Drug, will provide considerable growth opportunities to oncology drug manufactures.

Highlighted Segments of Kenya Oncology Drug Market:

Industry Overview: The first section of the research study covers an overview of the global Kenya Oncology Drug Market, market status and prospects, and product range. In addition, it provides highlights of the major segments of the global Market, i.e., region, type, and application segments.

Competitive Analysis: This report illuminates important mergers and acquisitions, business expansion, product or service differences, market concentration, the competitive status of the global Kenya Oncology Drug Market, and market size by player.

Company Profiles and Key Data: This section covers companies profiling the major players in the global Kenya Oncology Drug Market based on the aforementioned revenue, products, business, and other factors.

Market size by type and application: In addition to providing an in-depth analysis of the industry size by type and application, this section provides research on top end users or consumers and potential applications.

Market Dynamics: This report covers the drivers, trends, and opportunities of the global Kenya Oncology Drug Market. This section also includes Porter's analysis of five forces.

Findings and Conclusions: It provides strong recommendations for new as well as established players for securing a position of strength in the global Kenya Oncology Drug Market.

Prudent Markets provides attractive discounts that fit your needs. Customization of the reports as per your requirement is also offered. Get in touch with our sales team, who will guarantee you a report that suits your needs.

Speak To Our Analyst For A Discussion On The Above Findings, And Ask For A Discount On The Report @ https://www.prudentmarkets.com/discount-request/141634/

The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Kenya Oncology Drug Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global Kenya Oncology Drug Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Kenya Oncology Drug market
Chapter 2: Exclusive Summary - the basic information of the Kenya Oncology Drug Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Kenya Oncology Drug
Chapter 4: Presenting the Kenya Oncology Drug Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Kenya Oncology Drug market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Why should you purchase this report?

-Prudent Markets provides the vital historical and analysis data of global Kenya Oncology Drug market.
-The report provides the entire assessment of the future market and altering market scenario or behavior.
-All the business decision could be backed through the several strategic business methodologies offered in the report.
-An extra edge in the competitive market could be obtained from this elaborative research report
-The report offers all the competitive landscape, growth drivers, applications, market dynamics, and other necessary details as well.

Purchase this report (Single User License) @ https://www.prudentmarkets.com/checkout/?id=141634&license_type=su

Free Customization on the basis of client requirements on Immediate purchase:
1- Free country-level breakdown of any 5 countries of your interest.
2- Competitive breakdown of segment revenue by market players.

Customization of the Report:
This report can be customized to meet the client's requirements. Please connect with our sales team (sales@prudentmarkets.com), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +91 83560 50278 || USA/Canada(Toll Free): 1800-601-6071 to share your research requirements.

Get ready to Recognize the pros and cons of the regulatory framework, local reforms, and its effect on the Industry. Understand how the Leaders in Intelligent Network are keeping themselves one stage forward with our most up-to-date survey analysis.

In conclusion, the Kenya Oncology Drug Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

Contact Us:
Allan Carter
Andheri, Maharashtra, 400102
USA/Canada(Toll Free): 1800-601-6071
Direct Line: +91 83560 50278
Mail: sales@prudentmarkets.com
Web: www.prudentmarkets.com

About Us:
We are leaders in market analytics, business research, and consulting services for Fortune 500 companies, start-ups, financial & government institutions. Since we understand the criticality of data and insights, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. To be at our client's disposal whenever they need help on market research and consulting services. We also aim to be their business partners when it comes to making critical business decisions around new market entry, M&A, competitive Intelligence and strategy.

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