Online Doctor Consultations - Egypt

Egypt

Highlights

The projected revenue in the Online Doctor Consultations market in Egypt is expected to reach US$36.63m in 2024.
This is projected to grow at an annual growth rate (CAGR 2024-2029) of 3.13%, resulting in a projected market volume of US$42.72m by 2029.
The user penetration is expected to be 0.94% in 2024 and is projected to increase to 1.22% by 2029.
The average revenue per user (ARPU) is expected to be US$34.07.
In a global comparison, United States is expected to generate the highest revenue in the Online Doctor Consultations market, with US$2.39bn in 2024.
The demand for online doctor consultations in Egypt has surged, driven by the country's growing digital health ecosystem.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Doctor Consultations market in Egypt is experiencing a significant growth trajectory, driven by various factors shaping the healthcare landscape in the country.

Customer preferences: Customers in Egypt are increasingly turning to online doctor consultations for convenience, accessibility, and cost-effectiveness. With busy lifestyles and limited access to traditional healthcare services in some areas, the digital platform offers a solution for quick medical advice and treatment.

Trends in the market: One notable trend in the Egyptian Online Doctor Consultations market is the rising popularity of digital fitness and well-being services. As more people prioritize their health and wellness, the demand for virtual fitness classes, personalized nutrition plans, and mental health support is on the rise. This trend indicates a shift towards a more holistic approach to healthcare among the Egyptian population.

Local special circumstances: Egypt's healthcare system faces challenges such as overcrowded hospitals, long waiting times, and a shortage of healthcare professionals in certain specialties. The Online Doctor Consultations market presents an opportunity to alleviate some of these issues by providing a platform for remote consultations, reducing the burden on physical healthcare facilities and improving access to medical expertise.

Underlying macroeconomic factors: The growth of the Online Doctor Consultations market in Egypt is also influenced by macroeconomic factors such as increasing internet penetration, smartphone usage, and digital literacy among the population. As more Egyptians gain access to technology and become comfortable with online platforms, the adoption of digital healthcare services is expected to continue to rise. Additionally, government initiatives to promote telemedicine and digital health solutions further support the expansion of the market in the country.

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.