Evolving market-shaping strategies to boost access to essential medical products in developing countries with HIV self-testing as a case study
Abstract The COVID-19 pandemic has exacerbated health inequities among countries in the Global South with limited access to essential medical products, leading to a higher infection and mortality rate, especially among vulnerable populations. Despite tremendous progress in global health financing, t...
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Format: | Article |
Language: | English |
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BMC
2023-07-01
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Series: | Global Health Research and Policy |
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Online Access: | https://doi.org/10.1186/s41256-023-00310-5 |
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author | Jian Yang Xiangning Feng Shuduo Zhou Li Zhang Yunxuan Hu Ying Chen Zhenyu Zhang Ming Xu |
author_facet | Jian Yang Xiangning Feng Shuduo Zhou Li Zhang Yunxuan Hu Ying Chen Zhenyu Zhang Ming Xu |
author_sort | Jian Yang |
collection | DOAJ |
description | Abstract The COVID-19 pandemic has exacerbated health inequities among countries in the Global South with limited access to essential medical products, leading to a higher infection and mortality rate, especially among vulnerable populations. Despite tremendous progress in global health financing, the estimated annual financing gap in developing countries is projected to reach US$371 billion per year by 2030. Therefore, developing market-shaping strategies is of great importance in ensuring adequate supply, affordable prices, and equitable access to essential medical products in low-and middle-income countries. We propose a strategic and appropriate market-shaping intervention framework for governments, international organizations, and NGOs to maximize access to essential medical products in developing countries. In the health field, we believe that market shaping strategy could be defined as a set of purposeful activities that market forces may intervene with to advance the development, production, supply, and distribution of global goods for health, making essential medical products more affordable, accessible, innovative, sustainable and quality assured. We argue that when designing a market-shaping strategy, policy or decision-makers must take full advantage of the key drivers to keep the market dynamic, interactive, and constantly evolving to meet the unmet medical needs. In addition, different forms of market-shaping interventions are determined by objectives and specific issues to be addressed. More comprehensive market shaping strategies, including the strategic use of market expansion, market disruption, market maintenance, and market contraction alone or together, deserve to be explored and key stakeholders are also expected to join forces to make the intervention more efficient and productive. |
first_indexed | 2024-03-12T17:10:10Z |
format | Article |
id | doaj.art-50b13362b6dc41d1bfa6eedd2a0f9847 |
institution | Directory Open Access Journal |
issn | 2397-0642 |
language | English |
last_indexed | 2024-03-12T17:10:10Z |
publishDate | 2023-07-01 |
publisher | BMC |
record_format | Article |
series | Global Health Research and Policy |
spelling | doaj.art-50b13362b6dc41d1bfa6eedd2a0f98472023-08-06T11:04:53ZengBMCGlobal Health Research and Policy2397-06422023-07-01811810.1186/s41256-023-00310-5Evolving market-shaping strategies to boost access to essential medical products in developing countries with HIV self-testing as a case studyJian Yang0Xiangning Feng1Shuduo Zhou2Li Zhang3Yunxuan Hu4Ying Chen5Zhenyu Zhang6Ming Xu7Department of Global Health, School of Public Health, Peking UniversityDepartment of Global Health, School of Public Health, Peking UniversityDepartment of Global Health, School of Public Health, Peking UniversityAsia Pacific Medical Technology Association (APACMed)Department of Global Health, School of Public Health, Peking UniversityDepartment of Global Health, School of Public Health, Peking UniversityDepartment of Global Health, School of Public Health, Peking UniversityDepartment of Global Health, School of Public Health, Peking UniversityAbstract The COVID-19 pandemic has exacerbated health inequities among countries in the Global South with limited access to essential medical products, leading to a higher infection and mortality rate, especially among vulnerable populations. Despite tremendous progress in global health financing, the estimated annual financing gap in developing countries is projected to reach US$371 billion per year by 2030. Therefore, developing market-shaping strategies is of great importance in ensuring adequate supply, affordable prices, and equitable access to essential medical products in low-and middle-income countries. We propose a strategic and appropriate market-shaping intervention framework for governments, international organizations, and NGOs to maximize access to essential medical products in developing countries. In the health field, we believe that market shaping strategy could be defined as a set of purposeful activities that market forces may intervene with to advance the development, production, supply, and distribution of global goods for health, making essential medical products more affordable, accessible, innovative, sustainable and quality assured. We argue that when designing a market-shaping strategy, policy or decision-makers must take full advantage of the key drivers to keep the market dynamic, interactive, and constantly evolving to meet the unmet medical needs. In addition, different forms of market-shaping interventions are determined by objectives and specific issues to be addressed. More comprehensive market shaping strategies, including the strategic use of market expansion, market disruption, market maintenance, and market contraction alone or together, deserve to be explored and key stakeholders are also expected to join forces to make the intervention more efficient and productive.https://doi.org/10.1186/s41256-023-00310-5Market-shapingEssential medical productsHIV self-testingDeveloping countries |
spellingShingle | Jian Yang Xiangning Feng Shuduo Zhou Li Zhang Yunxuan Hu Ying Chen Zhenyu Zhang Ming Xu Evolving market-shaping strategies to boost access to essential medical products in developing countries with HIV self-testing as a case study Global Health Research and Policy Market-shaping Essential medical products HIV self-testing Developing countries |
title | Evolving market-shaping strategies to boost access to essential medical products in developing countries with HIV self-testing as a case study |
title_full | Evolving market-shaping strategies to boost access to essential medical products in developing countries with HIV self-testing as a case study |
title_fullStr | Evolving market-shaping strategies to boost access to essential medical products in developing countries with HIV self-testing as a case study |
title_full_unstemmed | Evolving market-shaping strategies to boost access to essential medical products in developing countries with HIV self-testing as a case study |
title_short | Evolving market-shaping strategies to boost access to essential medical products in developing countries with HIV self-testing as a case study |
title_sort | evolving market shaping strategies to boost access to essential medical products in developing countries with hiv self testing as a case study |
topic | Market-shaping Essential medical products HIV self-testing Developing countries |
url | https://doi.org/10.1186/s41256-023-00310-5 |
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