healthcare sector in egypt

Health care Systems and policies, Health Services Research. The private sector includes for-profit clinics, hospitals, and pharmacies. [13] High levels of pollution and overcrowding trigger health concerns. "Health System in Egypt". Their services are provided under the form of basic coverage. © 2004-2020 24-7 Press Release Newswire. The Egyptian government has taken steps to improve the country’s health services, but some officials recognize that provisions are still inadequate.In 2015, former Prime Minister Ibrahim Mahlab visited two state-funded hospitals and was reportedly stunned … All Rights Reserved. • Illiteracy rate: 15.8% (14.5 million); Poverty: 27.8% (25.5 million) Egypt’s pharmaceutical and healthcare markets are among the most attractive in the Middle East and North Africa (MENA) region. “Health ministry launches national health insurance project”, Egypt Today, July 12. Health Care Egypt is one of the pioneering countries that paid due attention to health care. The healthcare market in Egypt continues to grow, mainly due to demand from a steadily growing population (expected to reach 151M by 2050), the gradual increase in aging population (7.8% to 15.3% by 2050), and the expansion of health insurance coverage. CAIRO, EGYPT, December 19, 2019 /24-7PressRelease/ -- Healthcare in Egypt - an overview Rashad, A. and Sharaf, M. (2015). For over 40 years, USAID has worked with the Egyptian people to improve health and promote a stronger workforce. [15] The increasing poverty level resulted from the austerity measures imposed on the government by the IMF. This pickup in GDP was mainly driven by public and private investments as well as private consumption. An attractive investment opportunity [10] The private medical sector is deemed superior to the public services, in terms of quality. Cairo – The Egyptian healthcare industry remains attractive for local and international investments, with many areas for development and expansion arising particularly in the post-COVID-19 stage, panellists agreed during a webinar organized by the British Egyptian Business Association (BEBA) on Wednesday. With a growing population (currently over 97 million), overburdened infrastructure, outdated technology and a vital need for training and retaining skilled professionals, the healthcare sector in Egypt offers more investment opportunities than ever before. [2] Due to its pluralistic nature, healthcare providers from the various sectors compete. Egypt healthcare spending for 2016 was $151, a 16.23% decline from 2015. Key accomplishments include a dramatic reduction in rates of maternal and child mortality and chronic malnutrition, the elimination of polio in 2006, and the establishment of a national community health worker program. Regional Health Systems Observatory (2006). Health System Profile- Egypt. Private healthcare facilities in Egypt are of a high standard, with medical staff used to treating… [25] Healthcare in Egypt consists of both a public and a private sector. Read the full report Health System Profile- Egypt. Egypt healthcare spending for 2017 was $106, a 30.17% decline from 2016. The system relies on four distinct financial agents, including the government and the public sector as well as private organizations and out-of-pocket payments made by individuals and families. [8] Many mosques and churches also operate their own subsidized or free clinics, especially in the large cities. Gericke, A., Britain, K., Elmahdawy, M., and Elsisi, G. (2018). [18] Almost half of the public healthcare facilities suffer shortages of medical equipment and personnel. The largest public health-care payers are the Health Insurance Organization (HIO) and the Curative Care Organization (CCO). Strategic functions can examine the current state of the healthcare sector in Egypt and its scope for future growth. In 2007/2008, 60% of health expenditure in Egypt was paid out of pocket by people seeking treatment. Health services in Egypt are currently managed, financed, and provided by agencies in all three sectors of the economy—government, parastatal, and private. Health care Systems and policies, Health Services Research. Egypt Today. In FY 2018, real GDP grew at 5.3%, compared to 4.2% in FY 2017. Experts in Healthcare. In: Ginneken, E and Busse, R (eds.) Health care Systems and policies, Health Services Research. Current expenditures on health per capita in current US dollars. Regional Health Systems Observatory (2006). "Health System in Egypt". By 2006, 95% of the population had access to primary healthcare within 5km, and 98% of citizens are offered vaccinations. The outlook for the Egyptian healthcare and healthtech sector is quite positive. The healthcare market in Egypt continues to grow, mainly due to demand from a steadily growing population (expected to reach 151M by 2050), the gradual increase in aging population (7.8% to 15.3% by 2050), and the expansion of health insurance coverage. "Who benefits from public healthcare subsidies in Egypt?". Egypt is currently working on an overhaul of its public healthcare system to improve its quality. This will make “value” a watchword in health care payment reform. [5] The Health Insurance Organization (HIO), is the largest public health-care payer, along with the Curative Care Organization (CCO). This includes final ... Read More starting to yield positive results. [30] The project aims at providing more regular checkups for citizens as well as improving the quality and efficiency of the system. "Health System in Egypt". Egypt: World Health Organization, p7. Apr 24, 2020 | USD 350... of the leading players including key financial metrics and analysis of competitive pressures within the market. ... taking an entrepreneurial approach to business and innovation within the healthcare industry. Health System in Egypt". Egypt’s Health Care System - The Center for Global Health and Development (GHD) As a developing country with vast human resources and a rapidly-growing economy, reforming Egypt's health care sector is a top priority for the national social development agenda. Springer Science+Business, p10. [9], There are also private insurance options and a network of private healthcare providers and medical facilities. Regional Health Systems Observatory (2006). Technically speaking, Egypt offers a universal health care system. In fact, only 4.75% of the GDP in Egypt is dedicated to investments in Healthcare services. In this vein, ancient Egyptians excelled in the fields of medicine and medication. Gericke, A., Britain, K., Elmahdawy, M., and Elsisi, G. (2018). [7] The organization operates its own network of medical facilities and at times contracts with private healthcare providers. Photo Nasser Nouri. Send your news using our proprietary press release distribution software platform. In: Ginneken, E and Busse, R (eds.) https://www.informamarkets.com/en/home.html. Regional managers can augment their business planning with a competitor overview of the healthcare sector. Egypt Pharmaceuticals & Healthcare Report Q1 2018 BMI View: Increasing efforts from the Egyptian government to develop the national pharmaceutical sector will bode well for the market's long-term attractiveness to investors. [17], Medical care offered by the public health insurance system is generally of poor quality. Egypt: Healthcare Sector Outlook 2019 With a growing population (currently over 97 million), overburdened infrastructure, outdated technology and a vital need for training and retaining skilled professionals, the healthcare sector in Egypt offers more investment opportunities than ever before. ", Mena.(2018). The pandemic is only expected to increase investments into the sector. [3] Therefore, patients have the liberty of choosing their doctor on the basis of their financial abilities. Greater Cairo, which includes Giza, Cairo and 6th October City, is home to almost 17.2 million population. In: Ginneken, E and Busse, R (eds.) Egypt: Allianz Care. Despite the government's efforts to further the economy, 32.5% of Egyptians live in extreme poverty. Researchers can use Healthcare Report to assess growth prospects for Egypt. Key Highlights The healthcare providers sector is valued as total expenditure on healthcare in each country. Please update this article to reflect recent events or newly available information. Springer Science+Business, p3. Together for a healthier world. "The road to recovery: Egypt's healthcare reform", The International Journal of Health Planning and Management, 27(1). Cairo – Mubasher: The Egyptian healthcare industry remains attractive for local and international investments, with many areas for development and expansion arising particularly in the post-COVID-19 stage, panellists agreed during a webinar organized by the British Egyptian Business Association (BEBA) on Wednesday. Allianz Care. In: Ginneken, E and Busse, R (eds.) Egypt’s new comprehensive health insurance system launched on Tuesday in five governorates: Luxor, Ismailia, Aswan, Suez and South Sinai. In: Ginneken, E and Busse, R (eds.) Estimates of current health expenditures include healthcare goods and services consumed during each year. The unnamed megacity is expected to be home to approximately 7 million people and will include roughly 2,000 schools, 600 healthcare facilities, 18 hospitals and 40,000 hotel rooms. "Who benefits from public healthcare subsidies in Egypt?". The Egyptian Government has made key announcements recently to mitigate an economic slowdown due to the ongoing disruptions caused by Covid-19. This was clearly shown on the inscriptions depicted on the temple walls showing that they used medicinal plants in curing diseases. Health care Systems and policies, Health Services Research. Monthly update:the healthcare sector in September 2020 Reform in long-term care is likely as the toll on care homes induced by Covid-19 becomes clearer. Health care Systems and policies, Health Services Research. Gericke, A., Britain, K., Elmahdawy, M., and Elsisi, G. (2018). The Curative Care Organization (CCO) offers inpatient and outpatient care in specific governorate through contracts with other entities and individuals. August 1. (2019) "32.5% of Egyptians live in extreme poverty: CAMPAS". Rashad, A., and Sharaf, M. (2015). "Health System in Egypt". [26][27][28][29] On the 11th of January 2018, the Ministry of Health and Population launches the National Health Insurance project and increases its expenditure on healthcare services. Rashad, A., and Sharaf, M. Gericke, A., Britain, K., Elmahdawy, M., and Elsisi, G. (2018). Springer Science+Business, p5. Hassan, T. (2019). The new capital will span 700 sq km, making it nearly the same size as Singapore. Springer Science+Business, p. 9. Egypt: World Health Organization, p10. However, several recent efforts have been directed towards enhancing the system. Staging 15 exhibitions, 110 conferences and reaching over 700,000 healthcare professionals we are where the world of healthcare meets. Springer Science+Business, p1. million in 2018) Health System Profile- Egypt. Due to social and economic pressures, Egypt's healthcare system is subject to many challenges. The universal health insurance system in Egypt is one of the most important projects that Egyptians have dreamed of, particularly during the past few decades. "Reforming Egypt's health system: is it that simple? Download full reportOur global reach in Healthcare “The universal health insurance law 2/2018”, Sharkawy & Sarhan, February 10. https://www.researchgate.net/publication/284764995_Catastrophic_Economic_Consequences_of_Healthcare_Payments_Effects_on_Poverty_Estimates_in_Egypt_Jordan_and_Palestine, "Egypt's new health care law has medical community worried", "Egypt moving toward integrated healthcare system", https://en.wikipedia.org/w/index.php?title=Healthcare_in_Egypt&oldid=997500843, Wikipedia articles in need of updating from October 2020, All Wikipedia articles in need of updating, Creative Commons Attribution-ShareAlike License, This page was last edited on 31 December 2020, at 20:39. Every year, Egypt needs a minimum of 2,500 to 3,500 beds (1.5 to 2 beds / 1,000 population), resulting in a requirement of an additional 26,000 to 77,000 new beds by 2020 (and between 102,000 to 178,000 new beds by 2050), a considerable increase, thus offering ample investment opportunities in the country's healthcare sector. Additionally, there is a gap in terms of availability of medical services between the capital Cairo, and other rural areas. [21] Excessive reliance on out-of-pocket financing of medical treatments creates inequalities of healthcare access. Although the system ensures basic universal coverage, it faces several shortcomings in terms of quality of service due to underfunding. "The road to recovery: Egypt's healthcare reform", The International Journal of Health Planning and Management, 27(1). Egypt’s health-care system is pluralistic combining both public and private providers and financers. In: Ginneken, E and Busse, R (eds.) There are two main quasi-governmental insurers. [1] The system relies on four distinct financial agents, including the government and the public sector as well as private organizations and out-of-pocket payments made by individuals and families. For several decades, the government has provided a subsidized healthcare system that is meant to ensure health care for those who cannot afford it. https://www.informamarkets.com/en/home.html# # #. Our global reach in Healthcare. Egypt’s healthcare system needs to improve both quantitatively and qualitatively, which will lead to numerous opportunities for investors. [14] Egypt is a lower-middle-income country with high levels of unemployment. Get the latest trends and understand the impact of the crisis on the market. While most of the funding is seen from foreign investors, the pandemic is expected to catch the attention of local investors. Haley, D. and Bég, S. (2011). Every year, Egypt needs a minimum of 2,500 to 3,500 beds (1.5 to 2 beds / 1,000 population), resulting in a … (2015). The Egyptian government has allocated EGP 93.5bn to the healthcare sector in the fiscal year (FY) 2020/21 budget, according to Minister of … Whether in person or online we enable deeper learning, relationships and decisions. Healthcare in Egypt Public healthcare. [23] [4], Public health coverage is offered through the Ministry of Health, which operates a series of medical facilities providing free health services. After a succession of economic and regulatory reform, there has been an uptick in interest and investment from multinational drugmakers and healthcare providers in Egypt’s healthcare and pharmaceutical markets. Access new updated reports and statistics for the Healthcare Industry in Egypt. Healthcare in Egypt consists of both a public and a private sector. Springer Science+Business, p6. • Most populous Arab nation with a population expected to reach over 151 million by 2050 (97.99 • 3rd in Africa and 14th in the world; 1.2% of the world's population "Catastrophic economic consequences of healthcare payments: Effects on poverty estimates in Egypt, Jordan, and Palestine". Health care Systems and policies, Health Services Research. Health care Systems and policies, Health Services Research. The high population density, as well as increasing fertility rates, have challenged the healthcare system. In: Ginneken, E and Busse, R (eds.) [6] The HIO covers 60% of the population, including employees, students, and widows through premiums deducted from employee salaries and employer payrolls. Gericke, A., Britain, K., Elmahdawy, M., and Elsisi, G. (2018). The government ensures basic universal health coverage, although private services are also available for those with the ability to pay. Springer Science+Business, p2. 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