Egypt Pacemaker Market is expected to grow at an impressive rate during the forecast period, 2018-2028.
According to a World Health Organization’s 2020 report, the coronary heart disease caused 173,871 deaths in Egypt and reached 32.40% of total deaths.
Furthermore, the two main components of the pacemaker are the leads and a pulse generator. The battery and a tiny computer are installed in the pulse generator, which is located just beneath the skin of the chest. The leads are wires that are implanted into the heart's muscle after being inserted through the veins. They sense the electrical activity of the heart as well as transmit impulses from the pulse generator to the heart muscle. The heart contracts with each impulse. Depending on the kind of pacemaker required to treat the heart condition, the pacemaker could have one to three leads.
Permanent pacemakers are majorly utilized among the pediatric population, due to the high congenital and due to the surgically acquired disturbances. Additionally, the growing demand for pacemaker implantations with patient’s ease and requiring minimally invasive procedures is a significant factor driving the Egypt pacemaker market growth.
Rising prevalence of cardiovascular diseases
World Health Organization (WHO), Egypt is 18th in the world in terms of obesity with 32% of Egyptian adults categorized as obese
Medical Tourism in Egypt
Egypt is considered among the best medical tourism destination as it offers best cost for the healthcare treatment plans. Due to its high standards for medical care, Egypt is a popular destination for medical tourists. There are 11 JCI-accredited (Joint Commission International) hospitals in the nation that offer superior care 24 hour a day. These facilities are equipped with the latest technology and staffed with highly skilled and experienced healthcare professionals. Egypt offers a wide range of cardiovascular treatment facilities for medical tourists seeking specialized medical care. These facilities include Cardiac Catheterization Laboratories, Coronary Artery Bypass Surgery, Heart Transplantation, Valve Replacement Surgery, Electrophysiology services, etc. The travel facilities and the treatment for various health concerns for the tourists in Egypt are found at fairly at lower and reasonable prices as compared to several other countries and is therefore one of the major factors contributing to the increased demand for cardiovascular treatment and pacemaker implantations in the country.
Growing Geriatric Population
According to a World Health Organization report, approximately 82% of deaths and around 67% of premature deaths are caused due to occurrence of non-communicable diseases (NCDs).
Technological advancement
Growing technological advancement in pacemakers has led to an increase in demand for these devices.
Market Segmentation
Market Players
OSYPKA MEDICAL (Distributors) LivaNova, Biotronik, Abbott, MEDTRONIC EGYPT LLC, Boston Scientific, MicroPort Scientific Corporation, MEDICO S.R.L.(Distributors), etc.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, ,company share, competitive landscape, growth factors, and trends |
Segments covered | Type Technology Product Type Application End User |
Regional scope | Cairo, Alexandria, Giza, Qalyubia, Suez, Port Said,Rest of Egypt |
Key companies profiled | OSYPKA MEDICAL (Distributors),LivaNova, Biotronik, Abbott, MEDTRONIC EGYPT LLC, Boston Scientific, MicroPort Scientific Corporation, MEDICO S.R.L.(Distributors) |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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