Boston, MA -- (SBWIRE) -- 04/09/2014 -- Funding for healthcare is principally through the private sector, with out-of-pocket payments representing almost half of total health expenditure . However, the cost of health services renders them inaccessible to around 40% of the population. Kenya spends a n estimated 4.5% of GDP on healthcare, a similar proportion to Egypt or Iran.

In 2013, the Kenyan medical device market is estimated at US$ 100.0mn, or US$2.3 per capita. The market is expected to grow by a 2013-2018 CAGR of 9.8% in US dollar terms, reaching US$159.8mn, or US$3.2 per capita. Patient aids are expected to have the highest growth over the 2013-2018 period.

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