Egypt Hepatitis C Testing Market, By Test (Antibody Test, Genotype Test, Viral Load Test, Others) By Technique (Immunoassays, Polymerase Chain Reaction (PCR), Others), By End User (Hospitals & Clinics, Diagnostic Laboratories, Others), By Region, Competition Forecast and Opportunities, 2027
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEgypt Hepatitis C Testing Market, By Test (Antibody Test, Genotype Test, Viral Load Test, Others) By Technique (Immunoassays, Polymerase Chain Reaction (PCR), Others), By End User (Hospitals & Clinics, Diagnostic Laboratories, Others), By Region, Competition Forecast and Opportunities, 2027
According to NLM (national library of medicine) estimation, there will be a downfall of 95% of HCV cases compared to 2013 and going to reach 280,000 in 2030.
Growing awareness about HCV is boosting the market.
According to NLM, one out of ten Egyptians aged between 15-59 suffers from chronic HCV infection, which means they have created antibodies. 7% of the population is affected by chronic Hepatitis C infection, which is 4.1 million. The figure mentioned earlier indicates the impressive market for business as a large number of people are suffering from HCV. Thus, the requirement for medicine and testing kits is going to increase fulfilling the demand. Ignorance of hepatitis C can lead to liver problems and even liver cancer, a more significant concern for people. In response to saving the life of people, many national and international institutions started campaigning throughout the country to treat hepatitis C patients. As per a survey, out of 1000 people, six increasing people are patients of hepatitis, estimated 170,000 new cases every year to add to the 11.5 million patients suffering from the disease. National Committee for control of Viral Hepatitis (NCCVH), the Egyptian government, the public, NGOs, Foreign organization, the world bank, and different pharmaceutical companies are running initiatives and putting their combined effort into treating HCV. Hence, the measure of the above stakeholder will impact a positive trend in Egypt's market share in the hepatitis C testing market.
The government has launched many initiatives and policies in the healthcare sector, such as conducting the survey, establishing national guidelines & treatment centers, and increasing funding for HCV treatment by up to 90%. These steps will impact HCV treatment and expand the market demand for hepatitis C testing. All the factors mentioned above are expected to drive the expansion of the Hepatitis C Testing Market share.
Lack of Resources
In developing countries like Egypt, NAT Nucleic Acid Amplification Testing is not mandatory due to high costs and the need for high-skilled staff. Price is an essential factor while using and buying any product. If the overall cost is calculated, the labor and testing kit becomes an expensive product.
Merger and Collaboration with international institution to propel market share
In this market collaboration, a merger is the best method to enter the new market. These help the market use the organization's expertise and others to gather the latest market share.
In December 2021, Roche Egypt LLC and Microsoft corporation signed MoU. It will help companies improve patient health care using AI & cloud technology and grow their market in the Middle East.
In 2013, The American University in Cairo announced to launch of Egypt's first university spinoff company, "D-Kimia." It helps management enter a new market with products or technologies developed at universities in Egypt.
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Market Segmentation
Egypt Hepatitis C Testing Market is segmented
Market Players
D-Kimia Diagnostic Solutions, Roche Egypt LLC, Abbott Diagnostic Division Egypt, Qiagen Egypt, Siemens Healthineers Egypt, Bio-Rad Laboratories Egypt, Thermo Fischer Scientific Egypt are the major market player in Egypt hepatitis C testing market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Test · Technique · End User |
| Regional scope | Cairo, Alexandria, Giza Qalyubia, Port Said Suez, and Rest of Egypt |
| Key companies profiled | D-Kimia Diagnostic Solutions, Roche Egypt LLC, Abbott Diagnostic Division Egypt, Qiagen Egypt, Siemens Healthineers Egypt, Bio-Rad Laboratories Egypt, and Thermo Fischer Scientific Egypt |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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