Higher Outlays and Improved Regulatory Enforcement Create Opportunities in the Kenyan Healthcare Industry, Reveals Frost ...(nt of regulations governing the pharmace...),Health

Date:5/5/2009

nt of regulations governing the pharmaceutical industry has been poor. In addition, there has been no legislation around the regulation of the medical devices industry. Consequently, there has been a proliferation of poor quality and counterfeit products on the market. These products are usually lower priced than legitimate and higher quality products, and thus hinder the growth of the formal market.

Furthermore, the government remains the major purchaser of medical devices and pharmaceuticals. Government tenders are largely awarded on the basis of cost, which means that market is largely price sensitive.

"As the uptake of capital equipment is particularly limited in this price-sensitive market, medical device manufacturers and distributors should consider pursuing a business model incorporating the placement of capital equipment," advises Kannegiesser. "This should include a contract for the purchase of consumables and technical service or maintenance."

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an e-mail to Patrick Cairns, Corporate Communications, at patrick.cairns@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by e-mail.

Strategic Analysis of the Healthcare Industry in Kenya is part of the Medical Devices Growth Partnership Service programme, which also includes research in the following markets: Strategic Analysis of the Healthcare Industry in Tanzania, Key Nigerian Orthopaedic Implants Markets, South African Clinical Laboratory Products Markets and, Medical Insurance Markets in Key Sub-S
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SOURCE Frost & Sullivan Copyright©2009 PR Newswire. All rights reserved

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