Egypt Healthcare Market Revenue, Trends Analysis, Expected to Grow 10.79% CAGR, Growth Strategies and Future Outlook 2028: Markntel Advisors
Egypt Healthcare Market is projected to grow at a CAGR of around 10.79% during 2023-28.
Exploring the Egypt Healthcare Market: Insights, Key Drivers, and Major Players
Introduction to the Egypt Healthcare Market
Secondary care facilities are hospitals where doctors refer patients to specialists after performing a basic examination. A doctor who specializes in the field of medicine then examines the patient. Allergists, infectious disease specialists, ophthalmologists, endocrinologists, gastroenterologists, nephrologists, neurologists, urologists, psychiatrists, and others are examples of secondary care specialists. Furthermore, the Egyptian government provision Health Insurance coverage for low-cost patient treatment in Egyptian hospitals. Moreover, the rise in lifestyle-related diseases as a result of Egyptian citizens' poor lifestyles has encouraged Egyptians to seek checkups at secondary care hospitals, which has accelerated the growth of the Egypt Healthcare Industry in recent years.
Egypt Healthcare Key market insights include:
Market Size and Growth: The Egypt Healthcare market is projected to grow at a CAGR of around 10.79% during the forecast period, i.e., 2023-28.
Regional Analysis: Cairo, Dakahlia, Giza, Alexandria, Others
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What is driving the growth of the Egypt Healthcare market?
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.
Market Segmentation
The Egypt Healthcare Market can be segmented based on several criteria, including:
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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Key Players in the Egypt Healthcare Market
The Egypt Healthcare Market is highly competitive, with several key players dominating the landscape. These companies are investing heavily in research and development to stay ahead of the competition and meet the evolving needs of their customers. Some of the prominent players in the Egypt Healthcare Market 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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Questions Addressed in this Study
1.What factors are driving the Egypt Healthcare Market growth?
2.How is the Egypt Healthcare Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Egypt Healthcare Market?
4.What is the current size of the Egypt Healthcare Market, and how is it projected to change in the future?
6.What is the future outlook for the Egypt Healthcare Market in terms of technological advancements and market expansion?
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