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Egypt Medical Device Market Research Report Information By Product Type (Orthopedic Devices, Cardiovascular Devices, Diagnostic Imaging, IVD, MIS, Wound Management, Diabetes Care, Ophthalmic, Dental, Nephrology, General Surgery, and Others), By End User (Hospitals and ASCs, Clinics, and Others) –Market Forecast Till 2032


ID: MRFR/HC/11133-HCR | 128 Pages | Author: Rahul Gotadki| October 2024

Egypt Medical Device Market Overview


Egypt Medical Device Market Size was valued at USD 4.5 Billion in 2022. The medical device market industry is projected to grow from USD 4.64 Billion in 2023 to USD 5.974 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.20% during the forecast period (2023 - 2032). Growing rates of respiratory illnesses and efficient technological advancements are key market drivers propelling the medical devices market. Major competitors in the industry are forming collaborations and making acquisitions, which present growth opportunities for the medical device market.


Egypt Medical Device Market


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Medical Device Market Trends



  • Growing prevalence of chronic illnesses is driving the market growth


The rising incidence of chronic illnesses around the world is one of the major factors propelling the Egypt medical device industry. The prevalence of chronic illnesses like diabetes, cancer, and cardiovascular disease is increasing, which is driving up demand for medical equipment that can identify and treat these ailments. The necessity for home-based monitoring equipment and the aging population are two more factors increasing the need for medical gadgets. The market is expanding as a result of the growing use of wearable electronics and wireless medical devices as well as the growing emphasis on monitoring and diagnosis by national and local healthcare organizations.


Among the medical products made using 3D printing are dental crowns, orthopedic and craniofacial implants, and surgical instruments. Due to the fact that 3D printed medical devices and implants are customized for each patient's physiology or even surgery, they may prove to be more successful than mass-produced ones. For instance, during knee surgery, physicians are already employing patient-specific 3D-printed medical implants and equipment to tailor the procedure, and they have found that this helps patients recover quickly and with less pain. There is a big chance to improve product quality in orthodontic operations and density using 3D printing. Thus, driving the medical device market revenue.


Medical Device Market Segment Insights


Medical Device Product Type Insights


The Egypt medical device market segmentation, based on product type includes Orthopedic Devices, Cardiovascular Devices, Diagnostic Imaging, IVD, MIS, Wound Management, Diabetes Care, Ophthalmic, Dental, Nephrology, General Surgery, and Others. The cardiovascular devices segment dominated the market. Increased desire for less invasive procedures, quick technical advancements, and the incidence of various cardiovascular illnesses are the main factors driving the growth of this market. The growing incidence of heart disorders such cardiomyopathy and stroke is the primary cause of cardiovascular death. Cardiovascular disorders rank among the most prevalent illnesses in Egypt.


Medical Device End User Insights


The Egypt medical device market segmentation, based on end user, includes Hospitals and ASCs, Clinics, and Others. The hospitals and ASCs category generated the most income. To accurately diagnose, treat, and monitor patients, hospitals and ASCs need a range of medical instruments and equipment. These gadgets may consist of patient monitoring systems, imaging apparatus, surgical tools, and diagnostic gadgets. Medical tourism, the practice of patients traveling abroad for medical care, is on the rise, and this drives up demand for medical devices at hospitals and ASCs that treat patients from other countries who want top-notch care.


Figure 1: Egypt Medical Device Market, by End User, 2022 & 2032 (USD Billion)


Egypt Medical Device Market, by End User, 2022 & 2032


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Medical Device Regional Insights


The Egypt medical device market area will grow at a significant rate. The main factors that have contributed to its dominance are the availability of favorable and suitable payment policies, a strong healthcare system, the quick uptake of cutting-edge medical technology, and well-known national players. The fact that more people are getting diagnosed and treated nationally due to an increase in the incidence and prevalence of chronic illnesses exacerbates this. Growing funding from associations and the government, in addition to findings, also provides support for the expansion of the industry and opens openings for new players.


Medical Device Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development in order to expand their product lines, which will help the medical device market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, medical device industry must offer cost-effective items.


Key Companies in the medical device market include



  • Medtronic (Ireland)

  • Stryker (USA)

  • Johnson and Johnson Services, Inc. (USA)

  • Fresenius SE & Co. KGaA (Germany)

  • Koninklijke Philips N.V. (Netherlands)

  • Hoffman-La Roche Ltd. (Switzerland)

  • General Electric Company (USA)

  • Siemens Healthineers AG (Germany)

  • BD (USA)

  • Boston Scientific Corporation (USA)


Recent Developments



Valu, the dominant financial technology leader in the MENA region, and GSK, a globally recognized healthcare firm driven by scientific advancements, have announced a distinctive collaboration. The partnership's objective is to offer adaptable financing options for a variety of GSK's vaccinations, which will be accessible at several pharmacies around Egypt. The agreement aims to enhance accessibility to GSK's vaccines in Egypt by implementing creative funding solutions, ultimately contributing to the improvement of the healthcare sector. 


Valu and GSK are collaborating to establish a healthcare ecosystem in Egypt that is more inclusive and equitable. Their joint objective is to advance public health and well-being in the country. Their goal is to enable people and families to give priority to preventive healthcare, thereby benefiting the well-being of communities across the country. Buy Now Pay Later (BNPL) schemes can enhance the affordability and accessibility of vaccines for persons who lack the immediate financial means to cover the upfront costs of medication. This might be especially advantageous for individuals who have chronic medical conditions or unforeseen medical costs. It can mitigate the financial strain of buying vaccines, facilitating individuals in managing their healthcare expenditures.



Medical Device Market Segmentation


Medical Device Product Type Outlook



  • Orthopedic Devices

  • Cardiovascular Devices

  • Diagnostic Imaging

  • IVD

  • MIS

  • Wound Management

  • Diabetes Care

  • Ophthalmic

  • Dental

  • Nephrology

  • General Surgery

  • Others


Medical Device End User Outlook



  • Hospitals and ASCs

  • Clinics

  • Others

Report Attribute/Metric Details
Market Size 2022 USD 4.5 Billion
Market Size 2023 USD 4.64 Billion
Market Size 2032 USD 5.974 Billion
Compound Annual Growth Rate (CAGR) 3.20% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Product Type, End User, and Region
Countries Covered Egypt
Key Companies Profiled Medtronic (Ireland), Stryker (USA), Johnson and Johnson Services, Inc. (USA), Fresenius SE & Co. KGaA (Germany), Koninklijke Philips N.V. (Netherlands), F. Hoffman-La Roche Ltd. (Switzerland), General Electric Company (USA), Siemens Healthineers AG (Germany), BD (USA), Boston Scientific Corporation (USA), etc.
Key Market Opportunities ·       Expanding associations' and companies' partnerships' and cooperation
Key Market Dynamics ·       Growing prevalence of chronic illnesses in Egypt


Frequently Asked Questions (FAQ) :

The Egypt medical device market size was valued at USD 4.5 Billion in 2022.

The market is projected to grow at a CAGR of 3.20% during the forecast period, 2023-2032.

The key players in the market are Medtronic (Ireland), Stryker (USA), Johnson and Johnson Services, Inc. (USA), Fresenius SE & Co. KGaA (Germany), Koninklijke Philips N.V. (Netherlands), F. Hoffman-La Roche Ltd. (Switzerland), General Electric Company (USA), Siemens Healthineers AG (Germany), BD (USA), Boston Scientific Corporation (USA), etc.

The cardiovascular devices category dominated the market in 2022.

The hospitals and ASCs category had the largest share in the market.

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