Egypt's healthcare claims management market is projected to grow from $74.76 Mn in 2022 to $442.76 Mn by 2030, registering a CAGR of 24.9% during the forecast period of 2022-30. The main factors driving the growth would be rising health insurance coverage, increasing patient awareness and expectations, government initiatives, and growing demand for digital healthcare technology. The market is segmented by component, type, delivery mode, and by end-user. Some of the major players include MedMisr, Marsh, Cigna, Allianz and Accenture.
By 2030, it is anticipated that the Egypt Nutrition and Supplements market will reach a value of $2.29 Bn from $1.07 Bn Mn in 2022, growing at a CAGR of 10% during 2022-2030. The nutritional supplements market in Egypt is primarily dominated by local players such as Amoun Pharmaceutical, Pharmed Healthcare, and EVA Pharma. The market for nutrition and supplements in the Egypt is primarily driven by an inclination towards better health infrastructure, government regulations and increasing consumer awareness of health and lifestyle. The Egypt nutrition and supplements market in Egypt is segmented by Type, Product, application, and Distribution Channel.
Egypt's clinical diagnostic market was valued at $193 Mn in 2022 and is estimated to expand at a CAGR of 7.5% from 2022-30 and will reach $344 Mn in 2030. One of the main reasons propelling the growth of this market is an increase in chronic disease and the aging population. The market is segmented by type, drug, and distribution channel. Some key players in this market are Biomedica Egypt, Al Borg Laboratories, NileDiagnostic, Delta Medical, Abbott, BioMérieux, Danaher Corporation, Roche, Siemens Healthineers, Beckman Coulter, and others.
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.
The Egypt Home Healthcare Market is witnessing lucrative growth opportunities as the demand for high-quality home healthcare services increase in Egypt. The rising geriatric population and associated lifestyle diseases in Egypt are primarily responsible for the growth of the market. Alrazy Group and Manzil Home Health Services are some of the major players in Egypt home healthcare market.
The Egypt telemedicine market is projected to grow from $170 Mn in 2022 to $717 Mn in 2030 with a CAGR of 19.7% for the year 2022-2030. The rise in virtual care after COVID-19 and the need for cost savings in healthcare delivery are the major growth drivers for the expansion of the market.
The Egypt anti-aging market is expected to grow from $2 Mn in 2022 to $6 Mn in 2030 with a CAGR of 18.03% for the year 2022-2030. The consistent demand for anti-wrinkle products for aging people across Egypt is driving the growth of the market. Alma Lasers and Beiersdorf are the key players in the market.
The Egypt contraceptive market will grow as a result of rising awareness of sexual health in Egypt. Long-lasting vaginal rings and fertility-tracking apps are some of the new contraceptive innovations used in Egypt. The market is segmented by drug type, medical devices, and by end users.
The Egypt Dermatology Market is a growing industry, driven by increasing awareness of skin care and rising disposable incomes among the population. In recent years, the market has witnessed the introduction of a number of new technologies and products aimed at improving the health and appearance of the skin. The market is dominated by multinational companies, but there are also a number of local companies operating in the market, offering a range of products including topical creams, sunscreens, and cosmetic procedures such as laser hair removal and chemical peels.
The Egypt Over The Counter (OTC) Market is a rapidly growing industry, driven by factors such as increased access to healthcare, growing awareness of self-care, and a rising middle class with higher disposable incomes. The market is dominated by multinational companies, with a number of local companies also participating in the market.
The Egypt Osteoporosis Market is expected to grow due to the increasing aging population and increasing awareness of osteoporosis. Osteoporosis is a condition characterized by low bone density and increased risk of fractures, which is common in older adults. The market is segmented by drug class and by route of administration.
The Egypt gastrointestinal market is growing due to a number of factors, including increasing prevalence of gastrointestinal diseases, rising awareness about digestive health, and advancements in medical technology. The government has taken steps to improve healthcare infrastructure, including increasing investment in hospitals and clinics, which is driving growth in the gastrointestinal market. The market is dominated by multinational pharmaceutical companies, but there is also a growing number of local players.