Market Size of Egypt Diabetes Care Devices Industry
Study Period | 2019- 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 396 Million |
Market Size (2029) | USD 559 Million |
CAGR (2024 - 2029) | 3.36 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Egypt Diabetes Care Devices Market Analysis
The Egypt Diabetes Care Devices Market size is estimated at USD 396 million in 2024, and is expected to reach USD 559 million by 2029, growing at a CAGR of 3.36% during the forecast period (2024-2029).
The COVID-19 pandemic positively impacted Egypt's diabetes care devices market growth. Patients with diabetes infected with COVID-19 were believed to experience elevated blood glucose, abnormal glucose variability, and diabetic complications. The prevalence of diabetes in people with COVID-19 caused a significant increase in the severity and mortality of COVID-19 in people with either type-1 (T1DM) or type-2 diabetes mellitus (T2DM), especially associated with poor glycemic control. While new-onset hyperglycemia and new-onset diabetes (both T1DM and T2DM) have been increasingly recognized in COVID-19 and associated with worse outcomes. To avoid aggravation, a patient's blood glucose should be monitored and managed regularly, which has underlined the importance of diabetes care devices. The pandemic emergency has created a rise in remote care.
Egypt is the ninth country in terms of Diabetes prevalence worldwide. Currently, as per IDF, about 18.4% of the adult population in Egypt has diabetes. More than 11% of the Egyptian population suffers from diagnosed Type-2 diabetes, according to the Egypt Youth Association for Health Development. 73 million adults (20-79) were likely to live with diabetes in the IDF MENA Region 2021. This figure is estimated to increase to 95 million by 2030.
Egypt has witnessed an alarming increase in the prevalence of diabetes; in recent years, the rate of diabetes is at an all-time high, mainly due to lifestyle changes. Diabetes is associated with many health complications. Patients with diabetes require many daily corrections to maintain nominal blood glucose levels, such as administering additional insulin or ingesting additional carbohydrates by monitoring their blood glucose levels. Diabetes poses an emerging healthcare burden across the country.
Owing to the factors above, the studied market is anticipated to grow over the analysis period.
Egypt Diabetes Care Devices Industry Segmentation
Diabetes care devices are the hardware, equipment, and software used by diabetes patients to regulate blood glucose levels, prevent diabetes complications, lessen the burden of diabetes, and enhance the quality of life. The Egypt Diabetes Care Devices Market is segmented into monitoring devices (self-monitoring blood glucose devices (glucometer devices, blood glucose test strips, and lancets), continuous glucose monitoring devices (sensors and durables (receivers and transmitters)), management devices (insulin pumps (insulin pump device, insulin pump reservoir, and infusion set), insulin syringes, cartridges in reusable pens, disposable pens, and jet injectors). The report offers the value (USD) and volume (units) for the above segments.
Monitoring Devices | |||||
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Management Devices | |||||
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Insulin Syringes | |||||
Cartridges in Reusable pens | |||||
Insulin Disposable Pens | |||||
Jet Injectors |
Distribution Channel | |
Online | |
Offline |
Egypt Diabetes Care Devices Market Size Summary
The Egypt Diabetes Care Devices Market is poised for significant growth over the forecast period, driven by the increasing prevalence of diabetes and the rising demand for effective management solutions. The market's expansion is further supported by the impact of the COVID-19 pandemic, which highlighted the critical need for regular blood glucose monitoring and management, especially among diabetic patients. As Egypt ranks ninth globally in diabetes prevalence, the demand for diabetes care devices is expected to rise, with continuous glucose monitoring systems and insulin disposable pens leading the market. These devices offer advanced features such as real-time glucose level tracking and user-friendly interfaces, contributing to their growing adoption.
The market landscape in Egypt is characterized by a semi-consolidated structure, with key players like Abbott, Medtronic, and Roche Diabetes Care driving innovation through strategic partnerships and technological advancements. Government initiatives, such as the '100 million Seha' program, aim to raise awareness and improve access to diabetes care, further bolstering market prospects. Despite challenges related to healthcare access and affordability, particularly in rural areas, the market is expected to benefit from ongoing efforts to enhance healthcare infrastructure and support for diabetic patients. As a result, the Egypt Diabetes Care Devices Market is set to experience steady growth, supported by technological advancements and increased awareness of diabetes management.
Egypt Diabetes Care Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Monitoring Devices
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2.1.1 Self-monitoring Blood Glucose Devices
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2.1.1.1 Glucometer Devices
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2.1.1.2 Blood Glucose Test Strips
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2.1.1.3 Lancets
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2.1.2 Continuous Glucose Monitoring Devices
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2.1.2.1 Sensors
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2.1.2.2 Durables (Receivers and Transmitters)
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2.2 Management Devices
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2.2.1 Insulin Pump
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2.2.1.1 Insulin Pump Device
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2.2.1.2 Insulin Pump Reservoir
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2.2.1.3 Infusion Set
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2.2.2 Insulin Syringes
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2.2.3 Cartridges in Reusable pens
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2.2.4 Insulin Disposable Pens
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2.2.5 Jet Injectors
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2.3 Distribution Channel
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2.3.1 Online
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2.3.2 Offline
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Egypt Diabetes Care Devices Market Size FAQs
How big is the Egypt Diabetes Care Devices Market?
The Egypt Diabetes Care Devices Market size is expected to reach USD 396 million in 2024 and grow at a CAGR of 3.36% to reach USD 559 million by 2029.
What is the current Egypt Diabetes Care Devices Market size?
In 2024, the Egypt Diabetes Care Devices Market size is expected to reach USD 396 million.