Egypts telemedicine market size was valued at USD xx billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of XX% from 2019 to 2028.
The use of telecommunication for the distribution of healthcare information and healthcare services is termed telemedicine. Egypt has achieved significant progress in building the Information Society (IS), by providing an enabling legal and regulatory framework, and an adequate Information and Communications Technology infrastructure. However, telemedicine projects in Egypt still face common problems and challenges that hinder the wide-scale adoption of eHealth systems.
In 2020, the Egyptian General Healthcare Authority applied the telemedicine service for one million citizens in Port Said governorate for the comprehensive health insurance system started. Many factors such as the increase in the use of mobile and internet technology, coupled with awareness and necessity due to pandemic are set to increase the market growth for telemedicine in Egypt.
Market Drivers
COVID-19 pandemic has brought telemedicine long due recognition. It requires fewer resources making it affordable and convenient to both the patient and the caretaker. These factors are likely to contribute to the growth of the telemedicine industry in the country in the forecast period.
The Egyptian government is driving digitization across sectors and has been pushing for universal healthcare and cross-industry collaborations. This is evidenced in the recent partnership announced with British telecom operator Vodafone. Many companies are investing in the research and development of effective and efficient telemedicine solutions. Such advancements leading to better service will propel the market forward.
However, misinformation among the people and lack of skilled technicians can act as constraint factors for the market.
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