Mashroo3k Consulting offers a comprehensive feasibility study for a medical device import company in Egypt, designed to ensure maximum profitability and the best possible payback period. This is achieved through in-depth market size analysis, strategic assessment of both local and international competitors, and the development of competitive pricing proposals.
Medical devices are among the high-demand commodities in Egypt’s healthcare sector, according to data from Mashroo3k Consulting regarding the supply and demand trends in the Egyptian medical equipment market.<br>Establishing a medical device import company in Egypt is considered a promising investment opportunity, targeting private clinics, specialized hospitals, and various healthcare sectors.<br>Mashroo3k Consulting offers investors specialized feasibility studies for launching a medical equipment import company in Egypt. These studies are based on updated and reliable market data specific to the Egyptian healthcare landscape, helping ensure the project’s success, maximize profitability, and achieve an optimal payback period.<br>
Products that meet international quality standards.
Implementation of general transport and storage regulations.
A management team with ambitious plans.
Executive summary
Study project services/products
Market Size Analysis
Risk Assessment
Technical study
Financial study
Organizational and administrative study
The Healthcare Sector in GCC Countries
Key Indicators and Insights from Mashroo3k Consulting for Investors
Mashroo3k Consulting presents a set of vital indicators and key insights for anyone looking to invest in the healthcare sector and its projects across the GCC countries:
The total number of hospitals in the GCC stands at 802, according to the latest statistics. The public sector accounts for 58.9%, while the private sector represents 41.1% of the total.
Over 61% of general physicians are based in Saudi Arabia.
The UAE recorded the highest percentage of private sector physicians among GCC countries, at 64%, followed by Bahrain at 44.8%, and Qatar at 27.1%.
Kuwait has the highest percentage of government sector physicians at 79%, followed by Oman at 74.6% and Saudi Arabia at 71.6%.
In Saudi Arabia, annual spending on digital health infrastructure is expected to rise from $0.5 billion to $1.5 billion by 2030.
The GCC region currently has around 700 healthcare projects at various stages of development, valued at approximately $60.9 billion. These include hospitals, clinics, and research centers, with 264 projects worth $24.7 billion currently under construction.
Over the years, Mashroo3k has developed a deep belief in the critical role the healthcare sector plays in driving economic growth and uplifting nations. Rooted in this conviction, the company shares additional insights for those interested in investing in healthcare projects within the GCC:
Healthcare spending in the GCC is projected to reach $104.6 billion by 2022, up from $76.1 billion in 2017.
Average healthcare inflation across the GCC is expected to decline to 4% in the coming years.
Due to the anticipated increase in patient numbers, GCC countries will require a hospital bed capacity of approximately 118,295 beds.
Artificial Intelligence (AI) is forecasted to represent 30% of hospital investments in the GCC between 2023 and the end of 2030.
The pharmaceutical manufacturing market in the GCC is expected to grow to a value between $8 billion and $10 billion.
The medical consumables manufacturing sector is projected to flourish between 2025 and 2030, with an expected market size of $30 billion.
Global Healthcare Sector: A Strategic Investment Opportunity
According to United Nations reports, the global population is expected to reach 8.5 billion by 2030 and approximately 9.7 billion by 2050. This surge in population will inevitably lead to increased demand for healthcare services. Therefore, Mashroo3k strongly recommends investing in this vital sector.
Global health expenditure is anticipated to grow at an annual rate of 3.9% between 2020 and 2024—significantly higher than the 2.8% growth rate recorded between 2015 and 2019.
It is worth noting that, globally, there are only 2.9 hospital beds per 1,000 people, and 1.8 physicians per 1,000 people. Meanwhile, the number of nurses and midwives stands at 4 per 1,000 people. These figures fall well below the actual need, highlighting the pressing demand for increased investment in the healthcare sector.
Technological advancements have played a pivotal role in improving healthcare services worldwide. Over the past decade, survival rates and quality of life have improved significantly. Experts forecast that the global healthcare services market will grow from USD 6,872.86 billion in 2021 to USD 7,548.52 billion by the end of 2022. By 2026, the market is expected to reach USD 10,414.36 billion, with a compound annual growth rate (CAGR) of 8.4% over the forecast period (2022–2026).