How Good is Doing Investment in Egypt Healthcare Market

Egypt Healthcare Market Study, a recently released report by MarkNtel Advisors, is structured in a way that aids the readers in gaining a thorough understanding of the overall market landscape and its most lucrative areas. Additionally, the research report quantitatively presents precise data in a statistical way. It looks at recent market prospects as well as historical successes. The consumption, geography, market segmentation, and competitive environment are some of the main topics of the report. The research primarily divides the data by region to assess the top businesses, geographical areas, and relevant market sectors covered in the report.

The study seeks to offer a thorough, in-depth analysis so that readers can get something from it. The report, which was meticulously evaluated and assembled by experts in the industry, will make clear the crucial information that clients are required to supply. Along with looking at market prospects, it also analyses the market drivers and restraints and how they will affect demand over the course of the forecast period.

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Key Highlight of the Study Report -

• ➤The market study offers detailed data on the market size, regional market share, historical market, and forecast (2023-2028)
• ➤The study provides in-depth analysis of the competitor's market share, important market developments, and key business strategies.
• ➤The study lists the market current drivers, restraints, unmet needs, and trends.
• ➤The research analyses current market breakthroughs, significant advancements, and start-up information.
• ➤The report offers a wealth of details on market entry tactics, the regulatory environment, and reimbursement scenarios.

Examining the 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.

Upcoming Growth Challenges in the Market - Unavailability of Skilled Manpower to Widen the Gap Between the Demand for Healthcare Services

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.

Market Segment Study –

The segmentation analysis section of the report focuses on the performance of the Egypt Healthcare Market across various segments and geographies, which can help stakeholders plan their investments to increase their visibility, product portfolio, and clientele, resulting in significant revenue generation in the forecast years.

Market Divided into, By Type of Hospitals

• Government
• Non-Government

Market Divided into, By Specialization

• General Hospitals
• Specialized Hospitals

Market Divided into, By Disease Type

• Diabetes
• Cancer
• Cardiovascular
• Neurological
• Respiratory
• Bone & Skeletal
• Eyes Nose Throat (ENT)
• Others

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Geographical Landscape -

The Egypt Healthcare Market is divided into the following regions: -

• Cairo
• Dakahlia
• Giza
• Alexandria
• Others

Competitive Landscape Analysis:

To identify the major rivals in the market environment, a thorough and adequate competitive landscape analysis is necessary. The comparison is done based on factors including the overall revenue of mentioned companies, market potential, reach, production capabilities, market initiatives, corporate finances, production locations and facilities, company strengths and weaknesses, and investments made in R&D, among others. These major market participants including -

• 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

are examined in the report. To preserve their position in the market, these businesses have used a variety of strategies, such as growth, partnerships, the development of new products, collaborations, and mergers and acquisitions. The study is also crucial for assessing each market participant business performance, product portfolio, operational segments, and developments. The feasibility of the return on investment (ROI) with the estimated SWOT analysis are also included in the report.

Finally, the stakeholders will be delivered the most precise market projections and estimates with our rigorous research process. The document contains economic conditions, economic statistics, and economic variables that support the creation of strategic and informed market forecasts related to industry scenarios.

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Note: MarkNtel Advisors also provides customized reports, wherein our dedicated analysts and domain-specific specialists strive to add value while curating personalized reports to meet the diverse needs of clients, allowing them to make sound decisions before investing in the industry.

Reason to Buy This Report -

• ➟The report is unbiased and it provides deep insight into the market including the competitive and geographical landscape.
• ➟The report highlights global and local patterns, causes, and impact factors.
• ➟This insightful study delves into the market's leading players, their sources of income, market share, and the current course of events.
• ➟It investigates significant upcoming developments such as extensions, agreements, new product launches, and acquisitions.
• ➟Research the market's potential, preferred position, opportunity, difficulty, restrictions, and hazards on an and regional level.

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