The report helps businesses gain a unique insight into the socio-economic dynamics, and helps analyze how they affect healthcare systems and their evolution. It can serve as a valuable tool with actionable guidance for sales, marketing, R&D and business managers with industry related interests.
Four chapters cover the numerical and written analysis for the following topics: Economic Outlook (38 Key industry indicators), The Healthcare System (HC system structures), Reforms (restructuring, re-engineering or austerity efforts) and the Healthcare Market (Capital Equipment, Medical Devices, Disposables and Pharmaceuticals).
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- Egypt has a population of 95.4 m (13th largest population in the world) and there is a growth of 2.1% yearly. About 57% of the population lives in rural areas.
- The country’s GDP in 2016 was €297.67 bn, comparable to the United Arab Emirates, Hong Kong and Israel.
- As the political and security situation has somewhat improved in 2013-14, economic growth has shown improvement. GDP growth went from 2.9% in 2014 to 4.3% in 2016.
- Corruption is a widespread; a structural phenomenon throughout the public and private organizations of the country.
- Tourism is slowly recovering and government support for small enterprises is intent on reducing unemployment.
The Healthcare System:
- The Egyptian healthcare organization is a complex structure of public and private providers, where (independently administered and financed) private insurers cover public care.
- The government’s share in healthcare expenses is low (38%) and the care provided does not match the expectations of the middle class, nor the basic needs of the vast majority.
- For the public sector, the insurers Health Insurance Organization (HIO) and the Curative Care Organization (CCO) manage and contract public and private care to provide for their insured members.
- Healthcare organization is fragmented and highly centralized, resulting in structural weaknesses. A plethora of public and non-governmental agents and organizations manage and contract a multitude of care providers and facilities, creating this complex fragmented network. It has been criticized that there is a lack of coordination and communication between these different authorities and organizing parties.
- Out-of-pocket spending is high, making (qualitative) healthcare inaccessible or difficult to access for a large share of the population.
- Universal Healthcare Act (2017)
- Family physician scheme (2017)
- Ministerial Decree Registration of Human Pharmaceuticals (2015) and Ministerial Decree regarding the Pharmaceutical Track and Trace (2016)
- Reform under review: Compulsory monthly subscription payments (2016)
- Expanding hospital volumes and their capacity (2014- current)
- The Egyptian healthcare market, after Saudi Arabia and the United Arab Emirates, is the third largest in its region. However, due to low per capita spending -and despite of its substantial population size-, overall expenditure and medtech procurement volumes are low.
- The total medtech market, from disposables to capital equipment, is estimated at €1.57 bn. The pharmaceutical market is valued at €1.74 bn.
- Drugs, devices and small equipment in the public sector (close to 40% of the total market), make the market very volatile. Volumes can vary substantially from one month to another and are tender driven.
- Egypt imports the majority of its healthcare supplies.
- Achieving product registration and obtaining market authorization can be a lengthy process.
- Private hospitals purchase directly from vendors. It is also typical of physicians and specialists to acquire medical devices whilst abroad and to bring them back to their facility
- Efforts to expand insurance coverage -in terms of basic package items and individual citizens being entitled to coverage- to provide nationwide universal healthcare, will push demand for healthcare products.
Includes tables centralizing all relevant data on socio-demographics, macroeconomics and national Healthcare.
National Care Provision data:
Provides an overview of the Healthcare demographics: Nation Care provision data, Intensive Care units, Operating rooms, Emergency Rooms, Hospital services, Healthcare professionals.
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