Why Kazakhstan
The country's commitment to modernizing its healthcare sector and the high rate of drug consumption per capita make it an attractive market for pharmaceutical and healthcare products
Kazakhstan has been focusing on developing its local pharmaceutical manufacturing capabilities, with a goal to have 50% of the market supplied by locally produced medicines by 2025
Growing Healthcare Sector
01
Kazakhstan has been prioritizing the development of its healthcare sector, with the government allocating a significant budget to the country’s healthcare sector, emphasizing preventive measures, and enhancing medical personnel training.
Market Potential
02
The market for medical equipment in Kazakhstan is substantial, with the sector accounting for roughly 2.9% of the country's GDP in 2020 and the market for medical equipment being approximately USD 1.3 billion.
Government Support
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The Kazakhstani government has approved the State Program for the Development of Healthcare 2020-2025, indicating a long-term commitment to the growth and improvement of the healthcare sector.
Import Dependency
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Kazakhstan heavily relies on imported medical equipment, with 90% of the equipment being imported, presenting an opportunity for collaboration with local healthcare companies to address this dependency.
Diverse Patient Needs
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Working with local healthcare companies in Kazakhstan can provide insights into meeting diverse patients' needs better, as emphasized by GSK Kazakhstan LLP.
Innovative Startups
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Kazakhstan is home to innovative health and medical startups such as COGNITELLECT, Retina project, and Kale, which can offer unique collaboration opportunities and access to cutting-edge technologies.
Affordable & Accessible Products
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Kazakhstani Government is committed to making market products affordable and available to more people around the world through responsible pricing, strategic access programs, and partnerships, indicating a focus on accessibility and affordability.
Ethical Standards
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GSK Kazakhstan LLP emphasizes ethical standards, ensuring the quality, safety, and reliable supply of products, which can be beneficial for potential collaborations.
Established Industry Presence
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Major international biotech and pharmaceutical companies such as Sanofi, GSK, Bayer, Pfizer, and others have a presence in Kazakhstan, indicating the country's potential as a hub for healthcare-related collaborations.