The Egypt Healthcare Market is projected to grow at a CAGR of around 10.79% during 2023-28, citing a recent study published by MarkNtel Advisors. This report discusses extensively about the key growth factors, challenges, opportunities, restraints, market trends, & competitive landscape considering the following:
- Historical Period: 2018-2021
- Base Year: 2022
- Forecast Years: 2023-2028
- Units: USD Million/Billion
The report further sheds light on the latest developments by the leading companies in the Egypt Healthcare Market, their growth strategies, product portfolio, financials, & presence in different geographies. The major restraints that may pose risks to the market expansion in the forecast years are also covered in the study. Both primary & secondary research methods have been used to attain precise & thorough information.
Moreover, some useful insights on the unexplored opportunities and market challenges, along with notable suggestions to help companies prepare for unforeseen situations that may arise in the future are also presented in the study.
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Key Questions Answered in the Study:
- What is the estimated size, share, & CAGR of the Egypt Healthcare Market during 2023-28?
- What are the different segments & sub-segments considered in the Egypt Healthcare Market Research study?
- Who are the key stakeholders and players operating in the Egypt Healthcare Market?
- What are the key trends projected to affect Egypt Healthcare Market during 2023-28?
- What would be the impact of strategic developments on the Egypt Healthcare Market in the mid to long term?
Dynamic of Egypt Healthcare Market
Growth Driver – Since the historical years, the Egypt government has been constantly focusing on providing quality healthcare & cost-competitive medical services to residents to improve access to healthcare. As a part of the initiative, in 2018, the government launched a Universal Health Insurance (UHI) plan, 2032, to increase the adoption of advanced healthcare facilities among individuals.
Due to the high medical cost of treatment, the economically poorer section often abstains from availing the medical services, which in some cases contributes to a higher disease burden in the country. Hence, with the implementation of the plan, around 55.6 million populations were covered under the insurance scheme, according to the Government of Egypt. This notably resulted in an increased demand for healthcare services among the citizens.
Upcoming Challenges – As immigration activities increase in Egypt, the healthcare sector is experiencing a shortage of physicians. This has led to a significant decline in the demand for domestic healthcare services. According to the Egyptian Medical Syndicate, between 2018-2019, more than 10,000 doctors resigned from public healthcare institutions in Egypt to earn a competitive salary in other countries such as the US, the UK, etc., resulting in a shortage of secondary care staff in the country. For instance:
- In 2019, the Egypt Ministry of Health reported a dearth of specialized medical staff reporting just 103,000 doctors for over 100 million of the population. This data suggests an average of 10 doctors per 10,000 citizens, while the global average is 32 doctors per 10,000 citizens.
The factors contributing to the high immigration rates & shortage of skilled manpower are low salaries, undesirable working conditions, lack of equipment supplies, and exposure. Hence, the difficulty in retaining skilled medical staff is a prominent factor that has hindered the Egypt Healthcare market.
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Full Table of Content
- Market Segmentation
- Introduction
- Market Definition
- Research Process
- Assumption
- Executive Summary
- Egypt Healthcare Industry Overview, 2018-2025
- YoY Healthcare Expenditure Per Capita
- Annual Patient Footfall, 2018-2025
- In patient Vs. Outpatients
- Disease Wise Patient Statistics
- Leading Cause of Death
- Communicable Vs Non Communicable Diseases
- Leading Cause of Death
- Healthcare Infrastructure
- Hospitals
- Government Vs Non-Government
- Demand Vs Supply
- General Vs Specialized
- Demand Vs Supply
- Government Vs Non-Government
- Hospital Bed
- Government Vs Non-Government
- Demand Vs Supply
- General Vs Specialized
- Demand Vs Supply
- Government Vs Non-Government
- Manpower
- Physician Vs Nursing
- Demand Vs Supply
- Physician Vs Nursing
- Hospitals
- Egypt Public and Private Investments in Secondary Care, 2018-2025
- Number of Deals or Investments
- Greenfield Vs Brownfield
- Key Investors Involved
- Total Investments Made till Date
- Type of Investments
- Secondary and Tertiary Care Recipient of Investments
- Future Plan for the Investments
- Number of Deals or Investments
- Egypt Healthcare Market Outlook, 2018-2028
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Segmentation & Analysis
- By Type of Services
- Primary Care
- Secondary Care
- Tertiary & Quaternary Care
- By Type of Services
- Market Size & Analysis
- Egypt Secondary Care Market Dynamics
- Growth Factors
- Challenges
- Egypt Secondary Care Market Trends & Developments
- Egypt Secondary Care Market Regulations & Norms
- Investment Regulations
- Greenfield & Brownfield
- Local Investments Vs FDI
- Other Sector Specific Regulations
- Investment Regulations
- Egypt Secondary Care Market Outlook, 2018-2028
Market Competitor Landscape:
This section of the study covers the key participants in the Egypt Healthcare Market, with information about their profiles, investments, market share, key strategies adopted, strengths & weaknesses, product/service launch, etc. All insights in this section are gathered after a thorough analysis of both the leading companies operating at a global level as well as the new entrants in the market.
- – Cleopatra Hospital Group
- – Saudi German Hospital
- – As-Salam International Hospital
- – Katameya Clinic Hospital (KCH)
- – EL Nozha International Hospital (NIH)
- – Wadi ElNeel Hospital
- – Arab Contractors Medical Center
- – Ganzouri Specialized Hospital
- – Others
Segmentation Analysis:
The segmentation analysis comprises the size & volume of the Egypt Healthcare Market as per the below-cited segments & sub-segments to help our readers identify the major factors attributing to the industry’s growth and strategize their investments to expand the brand visibility, product portfolio, customer base, and generate significant profits during the forecast period.
- By Type of Hospitals (Government, Non-Government)
- By Specialization (General Hospitals, Specialized Hospitals)
- By Disease Type (Diabetes, Cancer, Cardiovascular, Neurological, Respiratory, Bone & Skeletal, Eyes Nose Throat (ENT), Others)
Market Geographical Data
On the geographical front, the Egypt Healthcare industry expands across region:
- Cairo
- Dakahlia
- Giza
- Alexandria
- Others
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Some of the Latest Investments and Developments in Egypt’s Healthcare Industry
- 2022: The Siemens Helathineers and Alameda Group signed a memorandum of understanding to transform the healthcare sector in Egypt. The transformation would include the upgradation of the As-Salam International hospital laboratory.
- 2022: Cleopatra Hospital Group, through its subsidiary, Cleopatra Haven SAE, signed an 18-year concession agreement for Haven Hospital in Giza, Egypt. This marks the group’s expansion to west Cairo.
Key Scope of This Report:
- The “Egypt Healthcare Market Research Report Analysis, 2023” intends to deliver an extensive & precise analysis of the changing dynamics of the industry during 2023-28 in order to help stakeholders identify key growth prospects in the future.
- Impact of recent developments on the market growth trajectory.
- Key operations, crucial tactics, and upcoming projects of the key competitors in the Egypt Healthcare Market.
- Accurate & trustworthy insights to assess the benefits & drawbacks of investing in the industry across different geographies.
- Supply-demand gaps, import-export figures, and the regulatory landscape of different regions/countries are discussed in the Egypt Healthcare Market report.
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