Africa accounts for about 17 per cent of the global population and bears about 1 4 percent of the global burden of disease. With changes in the economic situation, rapid urbanization, increasing healthcare spending and investment, and increasing incidence of chronic lifestyle diseases, the African healthcare market has great potential.
With the outbreak of the new crown epidemic, more and more African countries have realized the gap between them and other countries in the world in the field of medical and health care, and have begun to formulate policies to improve the medical conditions of their citizens.
Nigeria
Nigeria is the largest economy in Africa, with a population of over 200 million and 520% of urban dwellers, but 40% of the country's total population is poor1％。
The overall medical infrastructure is poor, and medical equipment and consumables are mainly dependent on imports. The basic products are mainly imported from China, and high-tech diagnostic imaging equipment such as ultrasound and CT scanners are mainly from the United States. Most private clinics can't afford new equipment, so they can only buy second-hand equipment.
Nigeria's economy continues to grow, and the per capita income level has risen, and the demand for healthcare has increased accordingly.
The demographic dividend, economic growth and the current situation of medical care have all provided huge potential demand for the medical market, and at the same time, it is also facing huge challenges.
Nigeria's doctor-to-patient ratio is 1:2500, more than four times higher than the WHO's recommendation of 1:600.
Health insurance coverage in Nigeria is low, with nearly 90% of the population without health insurance, and only 14% of the population has health insurance, which limits people's ability to access health care.
Health expenditure in Nigeria accounts for 6 percent of the total annual expenditure of households1%, well below the global average. All these will limit the development of the local medical market.
Kenya
Kenya has one of the largest and most developed economies in East Africa, but its low GDP per capita makes it impossible for many locals to access health care.
Kenya is more advanced in terms of medical infrastructure compared to its neighbors and is a medical tourism destination for tourists from neighboring countries in East Africa.
In the wake of the coronavirus pandemic,Most medical equipment is imported, with domestic production focusing on basic consumables and personal protective equipment (PPE). According to BMI, the Kenyan medical device market was estimated to be close to 1$300 million. The demand for medical equipment remains high as many healthcare facilities need to be modernized.
But like most African countries, Kenya has low health insurance coverage, with nearly 39 million Kenyans not having access to health insurance.
Kenya** is investing in the health workforce, with a focus on community health facilitators who are trained, fit for purpose and motivated to deliver health services at the community level.
Whether it is Nigeria or Kenya, ** has attached great importance to medical care, and continues to invest in the construction of medical facilities and the import of human resources, which will promote the development of the local medical market, but due to the limited productivity of the manufacturing industry, APIs, equipment, etc. are still dependent on imports, and China is also a major importer of African countries.
Egypt and South Africa account for 40% of the healthcare market in all of AfricaIt is also an important destination for Chinese medical companies to export to Africa.
Medical