Hospitals - Egypt

  • Egypt
  • The Hospitals market in Egypt is expected to witness a significant growth in revenue, with projections indicating that it will reach US$5.92bn in 2024.
  • This growth is further expected to continue at an annual growth rate of 9.69% from 2024 to 2029, resulting in a market volume of US$9.40bn by 2029.
  • In a global comparison, it is noteworthy that United States is expected to generate the highest revenue in the Hospitals market, reaching a staggering US$1,501.00bn in 2024.
  • When considering the revenue generated per person, it is estimated that in Egypt, each individual will contribute approximately US$51.73 in revenue in 2024.
  • This highlights the significant impact of the Hospitals market on the country's economy.
  • Egypt's hospital market is experiencing a surge in medical tourism, attracting patients from across the region seeking high-quality healthcare services.

Key regions: United States, China, Germany, Japan, Europe

Market
Region
Region comparison
Currency

Revenue

Created with Highcharts 7.2.2ValuesTotalInpatient CareOther Hospital ServicesOutpatient Care201620182020202220242026202805101520

Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.

Most recent update: Apr 2024

Source: Statista Market Insights

Created with Highcharts 7.2.2ValuesAverageInpatient CareOther Hospital ServicesOutpatient Care20162017201820192020202120222023202420252026202720282029020406080100

Most recent update: Apr 2024

Source: Statista Market Insights

Health

Access more Market Insights on health topics with our featured report

This report presents a comprehensive analysis and additional information on the Hospitals market, in a PDF format.
Hospitals: market data & analysis - Background Hospitals: market data & analysis - Cover

Analyst Opinion

The healthcare industry in Egypt has been growing rapidly in recent years. With a population of over 100 million people, it is the third most populous country in Africa, and the demand for healthcare services is high. In this context, the Hospitals market in Egypt has been developing in a certain way.

Customer preferences:
Egyptian customers prefer healthcare services that are affordable, accessible, and of high quality. They value healthcare providers who offer a wide range of services, including preventive care, diagnostic services, and treatment options. Additionally, they prefer hospitals that have modern facilities and equipment, and that are staffed by well-trained and experienced healthcare professionals.

Trends in the market:
The Hospitals market in Egypt has been growing steadily in recent years, driven by several factors. One of the key drivers is the increasing demand for healthcare services due to the country's growing population and aging demographics. Another factor is the increasing prevalence of chronic diseases, such as diabetes and cardiovascular disease, which require ongoing medical care and treatment.In response to these trends, many hospitals in Egypt are expanding their services and facilities to meet the growing demand. They are investing in new technologies and equipment, and hiring more healthcare professionals to provide specialized care. Additionally, many hospitals are adopting new models of care, such as telemedicine and home healthcare, to improve access to care for patients who live in remote or underserved areas.

Local special circumstances:
Egypt faces several unique challenges in the healthcare industry, including a shortage of healthcare professionals, uneven distribution of healthcare resources across the country, and a high burden of communicable diseases such as hepatitis and tuberculosis. Additionally, the country has been facing economic challenges in recent years, which has put pressure on the healthcare system and made it difficult for some hospitals to invest in new technologies and facilities.

Underlying macroeconomic factors:
The Egyptian economy has been growing steadily in recent years, but it still faces several challenges, including high inflation, high unemployment, and a large public debt. These factors have put pressure on the healthcare system, making it difficult for some hospitals to invest in new technologies and facilities. However, the government has been taking steps to address these challenges, including implementing economic reforms and investing in the healthcare system. As a result, the Hospitals market in Egypt is expected to continue growing in the coming years, driven by increasing demand for healthcare services and ongoing investments in the healthcare industry.

Hospitals

Created with Highcharts 7.2.2ValuesHospitalsInpatient Care201620172018201920202021202220232024202520262027202820291.151.1751.21.2251.251.2751.31.325

Most recent update: Apr 2024

Sources: Statista Market Insights , OECD , WHO , National statistical offices

Hospital beds

Created with Highcharts 7.2.2ValuesHospital bedsInpatient Care bed numbers20162017201820192020202120222023202420252026202720282029280300320340360380

Most recent update: Apr 2024

Sources: Statista Market Insights , World Bank , WHO

Demographics

Created with Highcharts 7.2.2FemaleMale2023

Most recent update: Mar 2024

Sources: Statista Market Insights , Statista Consumer Insights Global

Global Comparison

2024
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Created with Highcharts 7.2.2010002000300040…4000
Top 5 (2024) in billion USD (US$)
1. United States
2. China
3. Japan
4. United Kingdom
5. Germany

Most recent update: Apr 2024

Source: Statista Market Insights

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

Source: Premium content - sign up now

Explore more high-quality data on related topic

U.S. Hospitals - Statistics & Facts

The healthcare landscape in the United States is a complicated one. There are federal health insurance plans for low-income individuals namely Medicaid and CHIP (Children’s health insurance program) and Medicare for seniors and the disabled. Aside from these, people must buy private health insurance or be left uninsured because the U.S. is the only high-income country without universal healthcare coverage. Hospitals in the U.S., therefore, receive payment from multiple payers. Most revenue generated by U.S. hospitals comes from private insurance, self, or other payments. The complexity of this multi-payer system is instrumental to the U.S. having the highest administrative health costs per capita among wealthy nations.

More data on the topic

Discover additional markets

Explore new markets and gain valuable insights into various topics with our Market Insights search function.

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)