Egypt's oncology clinical trials market is projected to grow from $35.4 Mn in 2022 to $60.9 Mn by 2030, registering a CAGR of 7% during the forecast period of 2022-30. The market will be driven by Egypt's rising cancer incidence and the government's favorable regulatory framework for clinical trials. The market is segmented by phase, by study design & by indication. Some of the major players include Pfizer Inc., Novartis International, EIPICO & EVA Pharma
Egypt's oncology clinical trials market is projected to grow from $35.4 Mn in 2022 to $60.9 Mn by 2030, registering a CAGR of 7% during the forecast period of 2022-30. Egypt is split into four major geographical regions: the Nile River and Delta, the Sinai Peninsula, the Eastern Desert, and the Western Desert. Egypt has the biggest number of clinical trials being conducted by pharmaceutical corporations such as Roche and Novartis in Africa, second only to South Africa. Egypt executes the most clinical trials in the Middle East when compared to other Arab nations, and combined with Saudi Arabia oversees half of all clinical research in the area. In Egypt in 2020, the following cancers had the largest incidence numbers: liver (27,895), breast (22,038), bladder (10,655), Non-Hodgkin Lymphoma (7305), lung (6538), leukaemia (5231), and prostate (4767), with a total of 134,632 for all cancers.
Egypt's oncology clinical trials landscape is promising, with an increasing number of clinical studies being done across a variety of diseases and treatment interventions such as breast cancer, lung cancer, colorectal cancer, lymphoma, pediatric cancers. To advance the area of oncology clinical trials in Egypt, further investment in healthcare facilities, research skills, and patient education is required. The landscape for oncology clinical trials in Egypt is expanding and diversifying, with increased interest and investment from both local and international actors.
Market Growth Drivers
One of the primary growth factors is Egypt's rising cancer incidence, which is fuelling demand for innovative and better therapies. Another motivator is the Egyptian government's favorable regulatory framework for clinical research, which has been designed to facilitate clinical trials. The Egyptian Drug Authority and the Ministry of Health have set criteria for clinical studies, and the clearance procedure has grown more simplified in recent years. Moreover, international cooperation has aided in the promotion and support of oncology clinical trials in Egypt. Foreign institutions such as the National Cancer Institute (NCI) and the World Health Organization (WHO) have been collaborating with Egyptian researchers and healthcare professionals to increase the number of oncology clinical trials in the country.
There are other constraints to consider as well. One of the most significant issues is the scarcity of research funding, which may obstruct the development of novel medicines and the conduct of clinical studies. Another issue is that patients and healthcare professionals are not aware of the relevance and advantages of clinical trials. This may result in poor enrolment rates and delayed recruiting, extending the time required to complete studies. Another constraint is the country's insufficient research infrastructure in some areas. Consequently, Egypt's political and economic instability may have an influence on the expansion of oncology clinical trials, especially if it results in a decrease in financing or research activities.
September 2021, GE Healthcare, Gustave Roussy, and Egypt's Ministry of Health Join Together to Establish Rapid Breast Cancer Diagnosis Centers
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Clinical Trials Regulation 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)
220.127.116.11 Product Applications and Services
18.104.22.168 Recent Developments
22.214.171.124 Partnerships Ecosystem
126.96.36.199 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
6. Methodology and Scope
By Phase (Revenue, USD Billion):
By Study Design Outlook (Revenue, USD Billion):
By Indication Outlook (Revenue, USD Billion):
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