The global forage feed market has been undergoing noteworthy development in the past few years. This can be accredited to the progression in farm animal production, upsurge in the global meat intake, and growing awareness regar…
BMI View: It is vital that companies that are looking to sell non-communicable disease therapeutics work
alongside the public sector and focus on physician education and patient awareness in a market that has
traditionally focussed on infectious diseases such as malaria, tuberculosis and HIV. Besides challenges
related to diagnosis, care and treatment, there is a lack of understanding and knowledge about diseases
such as diabetes and cardiovascular disease among healthcare professionals and the general population,
and a perception that such diseases are not as critical as other diseases affecting the country.
Headline Expenditure Projections
? Pharmaceuticals: KES73.34bn (USD750mn) in 2015 to KES84.04bn (USD830mn) in 2016; 14.6%
growth in local currency terms and 10.8% in US dollar terms.
? Healthcare: KES341.18bn (USD3.47bn) in 2015 to KES377.30 (USD3.71bn) in 2016; 10.6% growth in
local currency terms and 7.0% in US dollar terms.