The recent report by Markntel Advisors on Egypt Healthcare Market Size, Share, Analysis Future and forecast 2023-2028 promises trustworthy, objective, and precise insights into the market with the addition of accurate and reliable data explaining and briefing about the elements of the industry. The diverse fragmentation of the industry is handled by investigating each element, segment-wise, region-wise, and more, to comprehend a detailed and systematic report to provide the stakeholder with all the various tools and details of the industry.
The researchers analyze the collected data and present an understanding of the flow of the market. Through various subdivisions, the report aims to declutter all the trends and factors fueling the market’s growth. The report is a systematical, chapter-wise thesis of multiple segments, areas, characteristics, environmental or regional influence, and other factors involved in the overall growth and establishment of the industry. By dividing the market into chapters, the analysts present the report more straightforwardly to point out all the minute details of the industry and how it influences other factors.
Attempt before you buy: Now obtain a sample report- https://www.marknteladvisors.com/query/request-sample/egypt-healthcare-market.html
The Key Elements Covered in Egypt Healthcare Market Report:
- The report tracks and covers the regions where the market is partially and majorly active. Geographically, the market focuses on the place of manufacture, raw material extraction to the area where the products consumers are based, to be the regional expansion of the industry. To track and forecast the market size, the geographically dominant region in the industry, concerning the central areas covered.
- The report is compiled systematically and methodically, with each section neatly covering its essence and influence in the market. Likewise, the report provides a credible selection of market dynamics consisting of the following significant pillars of the industry’s study, Market Drivers, Market Restraints, Growth Opportunities, Challenges
- A separate section to provide the impact of COVID-19 on the market to better grasp the fluctuation during and after the pandemic.
- Elaborated information on industry overview, specifications, definitions, suppliers, RD status, cost structure analysis, sources, technological advancement, the further scope for improvement, applications, and more.
Market Dynamics
Key Drivers: 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.
Due to the high medical cost of treatment, the economically poorer section often abstains from availing the medical services, which in some cases contributes to a higher disease burden in the country. Hence, with the implementation of the plan, around 55.6 million populations were covered under the insurance scheme, according to the Government of Egypt. This notably resulted in an increased demand for healthcare services among the citizens.
Hence, the initiative of the Government of Egypt to provide healthcare subsidies is anticipated to have a significant impact on the healthcare market and would drive the need for cost-competitive efficient medical services in Egypt during 2023-2028.
Growth Restraints: Unavailability of Skilled Manpower to Widen the Gap Between the Demand for Healthcare Services
As immigration activities increase in Egypt, the healthcare sector is experiencing a shortage of physicians. This has led to a significant decline in the demand for domestic healthcare services. According to the Egyptian Medical Syndicate, between 2018-2019, more than 10,000 doctors resigned from public healthcare institutions in Egypt to earn a competitive salary in other countries such as the US, the UK, etc., resulting in a shortage of secondary care staff in the country. For instance:
- In 2019, the Egypt Ministry of Health reported a dearth of specialized medical staff reporting just 103,000 doctors for over 100 million of the population. This data suggests an average of 10 doctors per 10,000 citizens, while the global average is 32 doctors per 10,000 citizens.
The factors contributing to the high immigration rates shortage of skilled manpower are low salaries, undesirable working conditions, lack of equipment supplies, and exposure. Hence, the difficulty in retaining skilled medical staff is a prominent factor that has hindered the Egypt Healthcare market.
However, presently, domestic healthcare companies such as Saudi German Hospital, As Aslam International hospital, among others, are considering hiring skilled medical staff from India, the US, etc. Additionally, domestic healthcare firms are focusing on providing the medical staff with competitive salaries training activities. Hence, this would mitigate the present healthcare hindrance in Egypt in the upcoming years.
Take a deep dive into our findings - browse the full report-
https://www.marknteladvisors.com/research-library/egypt-healthcare-market.html
A Window into What Competitors Are Doing
The report comprises of detailed study of the steps, products, changes, marketing strategies, sustainability tactics, mergers, acquisition, and more which has shaped the industry and affected the market. The report showcases various elements to explain the dominance of competitors and the market, including:
- Recent developments
- Risk SWOT analysis
- Mergers and acquisition
- Performance
- Services offered
In the case of the Egypt Healthcare market, the market participants 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
Get personalized insights - speak to our analyst now- https://www.marknteladvisors.com/query/talk-to-our-consultant/egypt-healthcare-market.html
Dividing The Egypt Healthcare Market into Sections:
The report covers the bifurcations of the industry group based on a common element, on which further investigation is performed. Furthermore, the report provides data on each high-performer segment in each group of features and information about the reasons behind the part acquiring a higher share or flourishing more in the industry. Thus, a deep analysis of various market elements is presented by categorizing the segments as follows:
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
By Region
-Cairo
-Dakahlia
-Giza
-Alexandria
-Others
Offers and Customizations of Egypt Healthcare Market Report
For a personalized and customized research report on the Egypt Healthcare Market, kindly contact Markntel Advisors. The analysts and researchers focus on providing accurate information, beneficial tools, and further insights into the industry to yield higher profits.
Get the insights you need - request a customized version of our report- https://www.marknteladvisors.com/query/request-customization/egypt-healthcare-market.html
ABOUT US:
MarkNtel Advisors is a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.
Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market
Seg mentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
“Thank you for reading our report. If you require the most recent report tailored in any way, please get in touch with us. Our staff will collaborate with you to make sure the report is written to meet your needs”.
Media Representative
Company Name: MarkNtel Advisors
Email: Send Email
Phone: +1 628 895 8081 +91 120 4278433,
Address: 5234F Diamond Heights Blvd #3092,
San Francisco, CA 94131
United States
