Digital Health - Egypt | Statista Market Forecast

The Digital Health market in Egypt is expected to achieve a revenue of US$845.90m by 2024.
This projection indicates an annual growth rate (CAGR 2024-2029) of 11.98%, which would result in a market volume of US$1.49bn by 2029.
The average revenue per user (ARPU) is estimated to be US$57.92.
In comparison to other countries globally, United States is anticipated to generate the highest revenue of US$47.12bn in 2024.
Among the various markets within the Digital Health market, Digital Treatment & Care is expected to be the largest, with a total revenue value of US$445.60m in 2024.
Egypt is experiencing a rise in telemedicine adoption as a result of increased smartphone penetration and a growing need for remote healthcare services.

Definition:

The Digital Health market refers to the use of technology to improve health and healthcare delivery. It includes the Digital Fitness & Well-Being, Online Doctor Consultations, and Digital Treatment & Care markets.

Structure:

The Digital Health market is divided into three markets:

Digital Fitness & Well-Being: This market includes fitness trackers, health and wellness coaching, and tools that help individuals monitor and improve their health and well-being.
Online Doctor Consultations: This market includes telemedicine and other digital tools that allow patients to consult with doctors remotely.
Digital Treatment & Care: This market includes digital tools that are used to diagnose, treat, and manage medical conditions. It includes the Connected Biosensors and Digital Care Management markets.

Additional Information:

The growth of the Digital Health market is driven by factors such as increasing smartphone penetration, improved internet connectivity, and the growing need to curb healthcare costs. The market is also supported by government initiatives to spread digitalization across the healthcare sector. Key players in the market are introducing advanced applications to enhance the user experience and integrate with other digital platforms. The COVID-19 pandemic has accelerated the adoption of digital health solutions, particularly in the Online Doctor Consultations market.

Digital fitness and well-being
Fitness trackers
Connected Biosensors
Digital care management
Online pharmacies
Online doctor consultations
Health and wellness coaching
Digital treatment and care

Smart clothing
Smart shoes
Smart eyewear

The Digital Health market in Egypt is experiencing significant growth and development in various sectors, including digital fitness and well-being, online doctor consultation, and digital treatment and care.

Customer preferences: In Egypt, customers are increasingly turning to digital health solutions due to the convenience and accessibility they offer. With busy lifestyles and limited access to traditional healthcare services in some areas, people are seeking online platforms for fitness guidance, medical advice, and treatment options.

Trends in the market: One notable trend in the digital fitness and well-being sector in Egypt is the rising popularity of fitness apps and online workout programs. As more people become health-conscious and look for ways to stay active from home, these digital solutions are filling a gap in the market. Additionally, the online doctor consultation segment is seeing a surge in demand as patients seek quick and convenient access to healthcare professionals for non-emergency issues. This trend is driven by the need for immediate medical advice and the desire to avoid crowded waiting rooms. In the digital treatment and care sector, virtual healthcare services are becoming more prevalent, allowing patients to receive diagnosis, treatment, and monitoring remotely.

Local special circumstances: Egypt's digital health market is also influenced by local factors such as the growing young population that is tech-savvy and open to adopting digital solutions for their healthcare needs. Moreover, the presence of a large expatriate community in Egypt contributes to the demand for online doctor consultations and digital treatment options, as these individuals may face language barriers or challenges in accessing traditional healthcare services.

Underlying macroeconomic factors: The development of the Digital Health market in Egypt is supported by macroeconomic factors such as increasing internet penetration and smartphone usage across the country. As more Egyptians gain access to the internet and mobile devices, the potential customer base for digital health services expands. Additionally, government initiatives to promote digital healthcare and improve overall healthcare infrastructure play a crucial role in driving the growth of the market.

Data coverage:

The data encompasses B2C enterprises. Figures are based on revenues and user data of relevant mobile applications and consumer electronics companies.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, population, internet penetration, smartphone penetration, consumer spending, and healthcare spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Digital market, in a PDF format.

Over 1.3 billion people will use digital health in 2024. This includes using fitness trackers and smartwatches, online doctor consultations, or any other digital treatment and care use. The utilization of digital health, particularly telemedicine, increased significantly during the COVID-19 pandemic as alternatives to physical appointments were required. Wearables such as smartwatches have been popular for some years, and still undergo steady growth. The digital health market was worth around 172 billion U.S. dollars in 2024, with a forecast for future growth.