Egypt's connected healthcare market is projected to grow from $185.81 Mn in 2022 to $1506.39 Mn by 2030, registering a CAGR of 29.9% during the forecast period of 2022-30. The main factors driving the growth would be increased adoption of digital technology, rising demand for healthcare services, improving internet penetration and government support. The market is segmented by type, function and by application. Some of the major players include 7keema, Tabibi 24/7, 3elagi, Siemens Healthineers, Microsoft and Apple.
Egypt's connected healthcare market is projected to grow from $185.81 Mn in 2022 to $1506.39 Mn by 2030, registering a CAGR of 29.9% during the forecast period of 2022-30. In 2019, the healthcare sector in Egypt spent 4.74% of the GDP or $150 per person. In accordance with the UN's Sustainable Development Goals (SDGs), the Egyptian government places a high priority on improving healthcare and population health.
In recent years, Egypt's healthcare industry has seen substantial change, especially with the development of connected healthcare technologies. The term "connected healthcare" describes the application of digital technology, such as telemedicine, remote monitoring, and health apps, to enhance patient access to healthcare services and enhance healthcare results.
Egypt, which has a reportedly 100 Mn population, is investing heavily in health technology to cut costs and give its citizens effective care. With the expanded usage of telehealth platforms, AI-enabled apps, and remote monitoring, COVID-19 has further advanced the country's digital transformation.
Market Growth Drivers
Egypt connected healthcare market is expected to be driven by factors such as:
Increasing adoption of digital technology- In recent years, Egypt has embraced digital technologies quickly, with the government's initiatives to digitise healthcare services serving as a major motivator.
Rising demand for healthcare services- Both the demand for healthcare services and the population of Egypt are expanding. In order to enhance access to care and lower costs, there is a rising demand for creative and effective healthcare solutions.
Improving internet penetration- Egypt's internet user base is expanding quickly, with more and more people becoming online every year. This offers a huge opportunity for the development of the nation's connected healthcare market.
Government support- The Egyptian government has been aggressively promoting the growth of the healthcare industry, notably by putting laws and programs into place that are meant to raise the quality and accessibility of healthcare services.
Market Restraints
The following factors are expected to limit the growth of connected healthcare market in Egypt:
Limited access to healthcare- Although the government has worked to increase access to healthcare, many individuals in rural areas still have poor access to medical facilities, which may hinder the adoption of connected healthcare solutions.
Limited awareness and education- In Egypt, there is still a lack of knowledge and education about the advantages of digital healthcare solutions, which may hinder their adoption.
Regulatory challenges- There are various legislative issues in Egypt that could impede the expansion of the connected healthcare business, including concerns about data privacy and security.
Key Players
Egypt's healthcare industry, including the connected healthcare market, is governed by the Ministry of Health and Population (MoHP). For connected healthcare solutions, such as telemedicine and remote patient monitoring, the MoHP has set policies and standards.
1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 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 Services
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Type (Revenue, USD Billion):
Based on the Type the market is segmented into mHealth services, mHealth Devices, and E- Prescription
By FunctionType (Revenue, USD Billion):
By Application Type (Revenue, USD Billion):
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.
Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.
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:
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:
2. Primary Research
To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:
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:
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.
We value your inquiry and offer free customization with every report to fulfil your exact research needs.
The Egypt connected healthcare market is projected to grow from $185.81 Mn in 2022 to $1506.39 Mn by 2030, registering a CAGR of 29.9% during the forecast period of 2022 - 2030.
The Egypt-connected healthcare market is segmented by type (m-health services, m-health devices and e-prescription), by function (remote patient monitoring, clinical monitoring, telemedicine and others), and by application type (diagnosis and treatment, monitoring application, wellness and prevention, healthcare management and others).
Some of the major players in Egypt's connected healthcare market are 7keema, Tabibi 24/7, 3elagi, Siemens Healthineers, Microsoft and Apple.