Facts and Figures Regarding Egypt Healthcare Market by 2028, Research and Future Growth

PRESS RELEASE
Published April 4, 2023

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Market Dynamic –

Growth Driver: Launch of Universal Health Insurance Plan to Boost the Market Growth

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.

Hence, the initiative of the Government of Egypt to provide healthcare subsidies is anticipated to have a significant impact on the healthcare market and would drive the need for cost-competitive & efficient medical services in Egypt during 2023-2028.

Key Trends in the Market- Rising Demand for Digitalized & Technologically Advanced Healthcare Services

With the rising prevalence of chronic diseases among the residents, the demand for specialized medical care clinics & hospitals has significantly increased to get advanced & cost-competitive treatment. Owing to the rising demand, the country witnessed a considerable surge in investments & innovations in healthcare facilities by leveraging artificial intelligence, machine learning, and the internet of things (IoT) to provide advanced medical treatment to residents. For instance, in 2022, CMR Surgical launched Versius, a robotic surgical system in Egypt.

The robot has been installed at Ain Shams University Specialized Hospital & the International Hospital for Urology and Nephrology (IHUN) to perform general surgery & neurological procedures on patients suffering from colorectal & urological cancers, as well as bowel & kidney diseases. Hence, the integration of advanced technologies in healthcare facilities would create an opportunity for the revenue growth of the Egypt Healthcare market in the upcoming years.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 10.79%
Region Covered Cairo, Dakahlia, Giza, Alexandria, Others
Key Companies Profiled 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, and Others
Unit Denominations USD Million/Billion

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Table of Content –

  1. Market Segmentation
  2. Introduction
    1. Market Definition
    1. Research Process
    1. Assumption
  1. Executive Summary
  2. Egypt Healthcare Industry Overview, 2018-2025

 Continue To TOC….

Market Insights and Classification

A recent report by Markntel Advisors covers a detailed analysis of the Egypt Healthcare Market for the forecast period, 2023-28. Included in our research report on the Egypt Healthcare market is our thorough study of the possible growth opportunities, as well as the market size and rate of growth. Our investigation also involves classifying the market based on various demographics such as income, age, gender, and others that may have a significant impact on your company. For instance, the market is extensively segmented based on: –

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

Geographically Dividation:

-Cairo

-Dakahlia

-Giza

-Alexandria

-Others

SWOT Analysis of the Business

Product development and pricing decisions can be made with confidence thanks to our market research report. By studying buying patterns, customer preferences, and willingness to pay, we pinpoint the most profitable products and pricing strategies. Ultimately, investing in our market research report is a smart financial decision that saves you both time and money.

In addition, our report delivers a detailed analysis of the market competitors, including prominent players, such as: –

-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

We investigate their market share, strengths, weaknesses, and strategies to assist you in identifying areas where you can gain a competitive edge. Besides our report also includes a SWOT analysis of the business, which can help you pinpoint the industry’s drivers, possible restraints, potential opportunities, and threats.

For Customization and More!

Our Egypt Healthcare market research report is tailored to your specific needs and goals, and we work closely with you to ensure that our analysis is relevant and actionable. At Markntel Advisors, we are committed to providing accurate and actionable acuities to help you make knowledgeable decisions for your business. Contact our analyst to learn more about our market research report and how it can benefit your business. We look forward to working with you to achieve your goals.

To Get the Benefit of Our Report Customization Service, Send Your Enquiry Here – https://www.marknteladvisors.com/query/request-customization/egypt-healthcare-market.html   

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