By 2030, it is anticipated that the Egypt Liver Disease Therapeutics market will reach a value of $113 Mn from $65 Mn in 2022, growing at a CAGR of 7.2% during 2022-2030. Liver Disease Therapeutics in Egypt is dominated by domestic pharmaceutical companies such as Pharco Pharmaceuticals, Delta Pharma, and EIPICO. The Liver Disease Therapeutics market in Egypt is segmented into different types of disease and different therapy types. Some of the significant factors affecting the Egypt Liver Disease Therapeutics market are the growing prevalence of liver diseases and unhealthy and dynamic lifestyles.
By 2030, it is anticipated that the Egypt Liver Disease Therapeutics market will reach a value of $113 Mn from $65 Mn in 2022, growing at a CAGR of 7.2% during 2022-2030.
Egypt is a lower middle-income, developing country in North Africa that borders the Red Sea and the Mediterranean Sea. According to the latest WHO data published in 2020 Liver Disease Deaths in Egypt reached 60,122 or 11.20% of total deaths. The age-adjusted Death Rate is 93.37 per 100,000 population ranks Egypt 1st in the world.
The Egyptian Ministry of Health has recently suggested a new national strategy to control the HCV pandemic in Egypt with a higher capital fund and with help from the WHO as well as other agencies. Citation19 This programme, dubbed "The Plan of Action for the Prevention, Care, and Treatment of Viral Hepatitis 2014-2018," pushed sofosbuvir. Egypt's government spent 4.4% of its GDP on healthcare in 2020.
Market Growth Drivers Analysis
In Egypt, various care programmes have been designed to combat liver disorders such as schistosomiasis and viral hepatitis. Hepatitis A is one of the most common diseases in Egypt. Viral liver disease is caused by the hepatitis A virus. Interferon treatment was prohibitively expensive, especially for Egypt's primarily impoverished patient population, resulting in irregular access to treatment. With the medicine producer, the Egyptian government successfully negotiated considerable price reductions for direct-acting antiviral (DAA) drugs. Egypt reduced prices even more by allowing local, generic competition. This enabled the Egyptian government to tackle the outbreak on a scale that would have been impossible otherwise. These aspects could boost Egypt's Liver Disease Therapeutics market.
Market Restraints
One of the most pressing issues for the Egyptian people, however, is available of these medical therapies, especially given that Egypt's HCV pandemic is predominantly socioeconomic in character. Some innovative medicines have demonstrated an efficacy of higher than 90%. However, the expense of these new drugs is a significant obstacle to their availability. With a growing population, limited resources, and a lack of infection control techniques, Egypt still confronts serious disease management concerns today. These factors may deter new entrants into the Egypt Liver Disease Therapeutics market.
Key Players
Egypt approved the Universal Health Insurance (UHI) bill in 2018 to attain universal health coverage as part of Transforming Egypt's Healthcare System Project. The goal of the UHI law is to cover the entire population by securing money through innovative and diverse finance channels. The adoption of Egypt's UHI law shows the country's progress toward universal health care, and it is the culmination of extensive and concerted efforts by the Egyptian government and major stakeholders, including the World Health Organization (WHO). The Egyptian Drug Authority (EDA) and the Ministry of Health and Population oversee the regulation and reimbursement of liver treatments in Egypt.
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 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
Liver Disease Therapeutics Segmentation
By Treatment Type (Revenue, USD Billion):
By Disease Type (Revenue, USD Billion):
By Distribution Channel (Revenue, USD Billion):
Methodology for Database Creation
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