Egypt Healthcare Market Segment, Companies, Trend & Growth Analysis 2023-28

Egypt Healthcare Market Analysis

MarkNtel Advisors, a leading consulting, data analytics, and market research firm, recently published an analytical report description that describes the recent achievements and developments of prominent players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the growth of the Egypt Healthcare market. The research report on the Egypt Healthcare Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts.

The report further comprises, “Egypt Healthcare market is projected to grow at a CAGR of around 10.79% during the forecast period, i.e., 2023-28.

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Key Drivers: 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.

Egypt Healthcare Market Segment & Geography [2023-28]

The Egypt Healthcare market is segmented into significant segments based on Geography.

-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

Geographical Analysis

-By Region

Cairo
Dakahlia
Giza
Alexandria
Others

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Top Companies Essentially Working in Egypt Healthcare 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

Frequently Asked Questions (FAQs)-

What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
What are the trends influencing the current scenario of the market?
What leading factors would propel and impede the industry across the geography?
How has the industry been evolving in terms of geography & Egypt Healthcare adoption?
How has the competition been shaping up across the geography?

Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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