Egypt Bariatric Surgery Devices Market Report 2023 to 2030

Egypt Bariatric Surgery Devices Market Analysis

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The Egypt Bariatric Surgery Devices Market was valued at $7.5 Mn in 2023 and is projected to grow at a CAGR of 6.7% from 2023 to 2023, to $11.7 Mn by 2030. Major factors driving the market for bariatric surgical devices include the rising incidence of adult obesity brought on by altered lifestyle patterns and excessive calorie consumption. The demand for bariatric operations is also anticipated to rise over the forecast period due to increased government backing and growing public awareness of the market's unhealthy food and beverage offerings and how they affect BMI, thus driving the market growth of the Bariatric Surgery Devices. The prominent players in the market are Baxter, Cook Medical, Medtronic, Johnson & Johnson among others.

ID: IN10EGMD028 CATEGORY: Medical Devices GEOGRAPHY: Egypt AUTHOR: Mahima Reddy

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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.

Egypt Bariatric Surgery Devices Market Report 2023 to 2030

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

1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Egypt Bariatric Surgery Devices Market Segmentation

By Products

Minimally invasive surgical devices
- Stapling Devices
- Vessel-sealing devices
- Suturing devices
- Others
Non-invasive surgical devices

By Procedure

Sleeve gastrectomy
Gastric bypass
Revision bariatric surgery
Non-invasive bariatric surgery
Adjustable gastric banding
Others

End Users

Hospitals
Ambulatory surgical centers
Specialty Clinics

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

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How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.