Market Insights Health Medical Technology Medical Devices

Diabetes Care Devices - Egypt

Egypt

The projected revenue in the Diabetes Care Devices market market in Egypt is estimated to reach US$112.90m in 2024.
This indicates that the market in Egypt is expected to experience significant growth in the coming years.
The revenue is projected to show an annual growth rate (CAGR 2024-2029) of 15.97%, which will result in a market volume of US$236.80m by 2029.
This demonstrates the potential for substantial expansion in the market in Egypt.
When compared globally, it is noteworthy that the United States is expected to generate the highest revenue in the Diabetes Care Devices market market.
In 2024, the revenue the United States is projected to reach an impressive US$11,710.00m.
This highlights the dominance of the United States in this market, both in terms of revenue and market size.
Egypt's diabetes care devices market is experiencing a surge in demand due to an increasing prevalence of diabetes in the country.

Key regions: Netherlands, Japan, France, Italy, China

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Currency

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. 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 particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.