Egypt Bariatric Surgery Devices Market Analysis

Egypt Bariatric Surgery Devices Market Executive Summary

The Egypt Bariatric Surgery Devices Market is at around $7.5 Mn in 2023 and is projected to reach $11.7 Mn in 2030, exhibiting a CAGR of 6.7% during the forecast period 2023-2030.

Bariatric surgery is a medical procedure used to manage severe obesity and its associated health conditions. These surgical interventions aim to achieve substantial and sustained weight loss through various mechanisms, such as reducing stomach size, altering gut hormones, and limiting nutrient absorption. Bariatric surgery is considered a highly effective treatment, as it can lead to significant weight loss and improve numerous obesity-related health problems, including type 2 diabetes, high blood pressure, and sleep apnoea. The most common types of bariatric surgery include sleeve gastrectomy, Roux-en-Y gastric bypass, gastric banding, and duodenal switch. Patients typically qualify for these procedures if they have a body mass index (BMI) of 40 or higher, or a BMI of 35 to 39.9 with obesity-related health issues. While bariatric surgery can offer substantial benefits, it also carries potential short-term and long-term risks, such as bleeding, infection, nutritional deficiencies, and the need for revision surgery.

According to Global Nutrition Report, Egypt has shown limited progress towards achieving the diet-related non-communicable disease (NCD) targets. 44.7% of adult aged 18 years and over women and 25.9% of adult men are living with obesity. Egypt's obesity prevalence is higher than the regional average of 20.8% for women and 9.2% for men. At the same time, diabetes is estimated to affect 23.4% of adult women and 18.8% of adult men. Therefore, the market is driven by various factors such as increasing demand for minimally invasive surgeries, rising incidence of obesity, technological advancements, rising awareness about bariatric surgery.

The prominent players in the market are Baxter, Cook Medical, Medtronic, Johnson & Johnson, Apollo Endoscopy among others.

Market Dynamics

Market Drivers

Increasing Obesity Rates: The prevalence of obesity in Egypt is rising, driven by urbanization, sedentary lifestyles, and dietary changes. This trend creates a growing demand for bariatric surgeries as a solution for weight management and related health issues.

Growing Awareness of Surgical Options: There is an increasing awareness among the Egyptian population regarding the effectiveness of bariatric surgery as a long-term solution for obesity and related health issues, leading to higher demand for surgical interventions.

Awareness of Health Risks: There is a growing awareness among the Egyptian population regarding the health risks associated with obesity, such as diabetes, cardiovascular diseases, and other comorbidities. This awareness is leading to increased interest in bariatric surgery as a viable treatment option.

Market Restraints

Restricted availability of qualified bariatric surgeons: In Egypt, there is a deficiency of surgeons with specialized training in bariatric surgeries, which causes lengthy wait times in some areas. Both patient access to these medicines and market growth are constrained by this shortfall. Thus, hampering its growth.

High prices related to bariatric operations and equipment: Although coverage has improved, many patients continue to face major obstacles due to the high costs of bariatric surgeries and gadgets. This is particularly the case for people living in provinces with little public funding for these treatments or without full insurance coverage.

Possible risks and hazards associated with surgical procedures: Risks associated with bariatric surgeries include infection, bleeding, and anaesthesia-related side effects, just like with any major surgery. Long-term issues can also arise, such as dumping syndrome and dietary deficits. Some patients may be discouraged from exploring surgical alternatives due to these concerns. Eventually limiting its growth.

Regulatory Landscape and Reimbursement Scenario

Ministry of Health and Population (MoHP) and the Egyptian Drug Authority (EDA) are the key regulatory authorities in Egypt. The EDA is responsible for the registration, evaluation, and approval of medical devices, including those used in bariatric procedures such as gastric bypass and sleeve gastrectomy. Manufacturers must provide comprehensive documentation demonstrating the safety and efficacy of their devices, following international standards.

In Egypt, the reimbursement landscape for bariatric surgery is characterized by several challenges and limitations, impacting accessibility for patients who may benefit from these procedures. While some public hospitals may offer bariatric surgery, the availability and quality of services can vary significantly. Most patients seeking bariatric surgery opt for private healthcare facilities, where the costs are higher, and insurance coverage is often limited.

Competitive Landscape

Key Players

Here are some of the major key players in the Egypt Bariatric Surgery Devices Market:

Manufactures

• Cook Medical
• Baxter
• Medtronic plc.
• Ethicon, Inc. (Johnson & Johnson)
• Apollo Endosurgery

Distributers

• Cairo Medical Company
• Mediserv
• Apex Medical
• AI-Manour Medical Company
• Surgical Solutions