Egypt Greenhouse Market By Type (Plastic Greenhouse v/s Glass Greenhouse), By Crop Type (Fruits & Vegetables, Flowers & Ornamentals, Others), By Equipment (Heating Systems, Cooling Systems, Others), By Region, Competition, Forecast & Opportunities, 2018-2028F
Anticipated within the forecast period is a notable expansion of the Egypt Hospital Bed Market. The nation, home to a populace surpassing 100 million, operates a government-managed healthcare framework alongside privately managed medical establishments. While private hospitals and clinics exist, the preponderant portion of the populace is dependent on the state-administered healthcare system. The upswing in demand for hospital beds in Egypt is an outcome of two core drivers: the expanding population base and a rising prevalence of chronic ailments.
Increasing Prevalence of Chronic Diseases Drive the Growth of the Market
The upward trajectory in the incidence of chronic illnesses constitutes a pivotal propellant of the hospital bed market within the Egyptian context. Chronic ailments including diabetes, hypertension, and cardiovascular diseases are witnessing an uptick, attributed to factors encompassing shifts in lifestyle and dietary habits, in tandem with the demographic shift toward an aging population.
Recent statistics from the World Health Organization (WHO) underscore this phenomenon, revealing that in the year 2020 alone, Egypt documented 19,131 fatalities attributed to diabetes mellitus, amounting to 3.57% of total deaths. Globally, Egypt is ranked 92nd with regards to the age-adjusted Death Rate, calculated at 27.97 per 100,000 individuals. Similarly, fatalities stemming from hypertension in Egypt for the same year reached 21,094, accounting for 3.93% of total deaths. Egypt's global rank in terms of age-adjusted Death Rate places it at the 35th position, standing at 34.03 per 100,000 individuals.
This class of chronic conditions inherently necessitates hospitalization, thereby elevating the critical role of hospital beds within the spectrum of patient care. Consequently, the escalating requirement for hospital beds in Egypt is intrinsically linked with the growing populace afflicted by chronic ailments, prompting healthcare establishments to expand their bed capacities accordingly.
Simultaneously, healthcare institutions are compelled to maintain an ample bed inventory to ensure the delivery of optimal patient care, thereby accentuating the demand for hospital beds within the nation. Moreover, the intricate management of chronic diseases frequently mandates the utilization of specialized equipment and technologies, including adjustable beds, pressure relief mattresses, and electric beds. These factors collectively contribute to the burgeoning expansion of the hospital bed market in Egypt.
In sum, the sustained increase in the prevalence of chronic ailments is poised to persistently drive the demand for hospital beds within Egypt's healthcare landscape in the foreseeable future.
Government Investment in Healthcare Boost the Egypt Hospital Bed Market
Governmental funding in the healthcare sector stands as a pivotal catalyst within the Egypt hospital bed market. The Egyptian government has substantially channeled investments into the enhancement of its healthcare infrastructure, encompassing the establishment of new medical facilities and the modernization of existing ones.
This strategic allocation of resources has effectively engendered a heightened demand for hospital beds and other essential medical equipment. Moreover, the impetus behind the government's healthcare investments is underscored by a resolute recognition of the paramount significance of rendering quality healthcare services to its citizenry. A concerted effort has been directed towards augmenting the accessibility of healthcare provisions, particularly in rural regions characterized by limited healthcare access.
A primary driver behind these healthcare investments resides in the aspiration to elevate the overall quality of healthcare services available within the nation. In pursuit of this objective, the government is actively involved in the modernization of healthcare facilities, incorporating cutting-edge technologies and medical equipment to enhance the caliber of patient care. This strategic investment initiative has inherently created opportunities that reverberate within the Egypt hospital bed market.
Concurrently, hospitals and healthcare establishments necessitate an ample bed inventory to facilitate the provision of optimal patient care. In this context, the government's substantial investments in healthcare have significantly augmented the demand for hospital beds within the nation. As an aggregate effect, the government's ongoing commitment to healthcare investments is poised to perpetuate the impetus behind the demand for hospital beds across Egypt in the foreseeable future.
Growing Population Boost the Egypt Hospital Bed Market
A growing population can certainly contribute to an increase in demand for hospital beds in Egypt. As the population grows, there is likely to be an increased need for healthcare services, including hospitalization. For instance, as of March 17, 2023, the current population of Egypt is 107,544,531 according to Worldometer elaboration of the latest United Nations data.
As the demand for hospital beds increases, the hospital bed market in Egypt is likely to experience a boost. Healthcare providers may need to invest in more hospital beds to accommodate the growing number of patients. This may create opportunities for manufacturers and suppliers of hospital beds to expand their business and increase their market share. Other factors, such as the overall health of the population, healthcare spending, and government policies, can also play a role in shaping the market for hospital beds. Additionally, the COVID-19 pandemic had a significant impact on healthcare systems worldwide, including Egypt, and may have increased demand for hospital beds.
Market Segmentation
Egypt Hospital Bed Market is segmented based on type, usage, application, and end-user. Based on type, the market is divided into electric beds, semi-electric beds, and manual beds. Based on usage, the market is divided into acute care beds, psychiatric care beds, long-term care beds, and others. Based on application, the market is divided into intensive care and non-intensive care. Based on end user, the market is divided into hospitals, home care settings, elderly care settings, and others.
Market players
Stryker Corporation, Medal Egypt, Misr Medicare, Mobi steel, EazyBed are some of the players in the Egypt Hospital Bed Market.
Report Scope:
In this report, the Egypt Hospital Bed Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Egypt Hospital Beds Market, By Type:
- Electric Beds
- Semi-electric Beds
- Manual Beds
- Egypt Hospital Beds Market, By Usage:
- Acute Care Beds
- Psychiatric Care Beds
- Long-Term Care Beds
- Others
- Egypt Hospital Beds Market, By Application:
- Intensive Care
- Non-Intensive Care
- Egypt Hospital Beds Market, By End User:
- Hospitals
- Home Care Settings
- Elderly Care Settings
- Others
- Egypt Hospital Bed Market, By Region
- Cairo
- Alexandria
- Giza Qalyubia
- Port Said Suez
- Rest of Egypt
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Egypt Hospital Bed Market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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