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Egypt Healthcare Market Bifurcations, Drivers, Restraints, and Trends for 2023-2028

The enormous presence of public & private healthcare facilities, such as specialty hospitals, clinics, etc., widely supported the revenue growth of the Egypt Healthcare market during the historical years.
Published 12 September 2024

Introduction

The Egypt Healthcare Market is experiencing a dynamic shift, driven by technological advancements, evolving consumer preferences, and changing economic landscapes. This market has become a focal point for stakeholders, including manufacturers, suppliers, and investors, who are keen on exploring growth opportunities in this evolving industry. As businesses strive to adapt to these changes, understanding the market's key drivers, segmentation, and regional dynamics becomes crucial. This blog provides an in-depth analysis of the Egypt Healthcare Market, examining the market overview, dynamics, segment analysis, and regional projections.

Market Overview

The Egypt Healthcare market is projected to grow at a CAGR of around 10.79% during the forecast period, i.e., 2023-28. The enormous presence of public & private healthcare facilities, such as specialty hospitals, clinics, etc., widely supported the revenue growth of the Egypt Healthcare market during the historical years. The country has gained a strong reputation within the Middle East & Africa region, owing to the availability of skilled healthcare professionals & infrastructure at a competitive cost, along with easier visa access compared to other regional competitors.

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Egypt Healthcare Market Dynamics

Several dynamics are shaping the Egypt Healthcare Market. On the demand side, the growing consumer focus on quality and sustainability is driving the need for advanced solutions. On the supply side, market players are intensifying competition by launching innovative products and expanding their geographic presence.

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.

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Egypt Healthcare Market Segment Analysis

The Egypt Healthcare Market is 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

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Egypt Healthcare Market Regional Projection

The Egypt Healthcare Market shows varied growth patterns across different regions:

By Region

  • Cairo
  • Dakahlia
  • Giza
  • Alexandria
  • Others

Key Players in the Market

Several key players dominate the Egypt Healthcare market, each striving to capture a larger share through product innovation, strategic partnerships, and expansion. Leading players include:

  • 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

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