Egypt Gynecology Drugs Market to be Led by Gynecology infections Segment Through 2028.
The
increasing prevalence of gynecological diseases and disorders are driving
the Egypt gynecology drugs market in forecast period, 2024-2028.
According
to the TechSci Research report, “Egypt Gynecology Drugs Market - By Region,
Competition, Forecast, and Opportunities, 2028,” the market for gynecology
drugs in Egypt is projected to increase at an impressive rate during the period
of 2024-2028. According to estimates, the prevalence of various gynecological
cancers will continue to rise in the coming years, fueling the demand for
effective treatments and, in turn, propelling the Egypt gynecological drug
market.
Moreover,
disorders and diseases, such as polycystic ovary syndrome (PCOS), polycystic
ovarian disease (PCOD), and infertility in women are projected to fuel the
demand for gynecology drugs in Egypt. However, there are still many areas where
access to healthcare is limited. This can impact the ability of patients to get
gynecology drugs and treatments, particularly in rural areas. This, in turn, is
expected to hamper the growth of the market in the near future.
The
gynecology drug market in this country is highly competitive, with many
companies competing for market share. This can make it challenging for new
entrants to establish a foothold and for existing companies to maintain their
positions.
The
market's expansion is also being hampered by the high cost of obstetrics and
gynecology medications. Most patients cannot afford these medications due to
their exorbitant cost. Many families in Egypt avoid going to hospitals as they
cannot afford expensive procedures and medications, which limits the market's
expansion.
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the "Egypt Gynecology Drugs Market”
The Egypt Gynecology Drugs
Market is segmented based on therapeutics, indication, and distribution
channels.
Based on therapeutics, the
market is categorized into non-hormonal therapy and hormonal therapy. The
non-hormonal therapy category is expected to increase at a high CAGR in the
Egypt gynecology drugs market. The non-hormonal therapy segment is predicted to
hold the largest share of the market throughout the forecast period. Due to the
effectiveness of the products, the rise in their use, and the development of
new products.
Based on indication, the
market is categorized into contraception, gynecology infections, female
infertility, postmenopausal disorders, polycystic ovary syndrome, gynecology
cancer, and endometriosis. The infections related to gynecology segment held
the greatest market share in 2022 and is expected to retain its position
throughout the forecast period. The rising prevalence of urinary tract
infections in females is expected to aid this market over the next few years.
The increasing usage of obstetrics and gynecology medications in gynecology
therapy is responsible for the segment's growth.
Based on the distribution
channel, the market is divided into retail pharmacies, hospital pharmacies, and
online pharmacies. The hospital pharmacies segment is expected to hold the
largest market share during the period of 2024-2028. Since most patients opt to
take their medications on a doctor's prescription and buy them from the
hospital pharmacy, the segment's expansion is predicted to be fueled by this
trend.
Major companies operating in the Egypt Gynecology
Drugs Market are:
- Amgen Inc.
- F. Hoffmann - La Roche Ltd. Roche Egypt LLC
- Novartis Egypt
- Bayer AG
- Merck & Co., Inc.
- Eli Lilly and Company
- Pfizer Inc.
- Abbott Laboratories
- AbbVie Inc.
- GlaxoSmithKline Plc
- AstraZeneca Plc
- Johnson and Johnson
- Sanofi Egypt
- Ferring Pharmaceuticals
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Egypt
has a large population of women, with approximately 49% of the total population
being female. This, combined with an increasing prevalence of gynecological
disorders, such as polycystic ovary syndrome, endometriosis, and cervical
cancer, creates a significant demand for gynecology drugs. Some potential
opportunities in the Egypt gynecology drug market include:
Developing
drugs for common gynecological disorders: There is a need for effective treatments for
common gynecological disorders, such as polycystic ovary syndrome,
endometriosis, and uterine fibroids. Companies that can develop safe and
effective drugs to treat these conditions could find success in the Egypt
market.
Offering
affordable options: Egypt
is a lower-middle-income country, and many people cannot afford expensive
medications. Companies that can offer affordable gynecology drugs may have an
advantage in this market.
Expanding
access to rural areas: Access
to healthcare in rural areas is limited, and many women do not have access to
gynecological care. Companies that can find ways to expand access to gynecology
drugs in rural areas could tap into this market.
Educating
healthcare providers: Healthcare
providers in Egypt may not be aware of the latest treatments for gynecological
disorders. Companies that can provide education and training to healthcare
providers could increase awareness and adoption of their products.
Moreover,
it is important to note that the Egypt market has unique regulatory and
cultural considerations, so it is significant to conduct a thorough market
research before entering the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
Egypt
Gynecology Drugs Market By Therapeutics (Non-Hormonal Therapy, Hormonal
Therapy), By Indication (Contraception, Gynecology Infections, Female
Infertility, Postmenopausal disorders, Polycystic Ovary Syndrome, Osteoporosis,
Gynecology Cancer, Endometriosis, Others), By Distribution Channel (Retail
Pharmacies, Hospital Pharmacies, Online Pharmacies), By Region, Competition,
Forecast, and Opportunities, 2028 has evaluated the future growth potential of Egypt
Gynecology Drugs Market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision-makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the Egypt
Gynecology Drugs Market.”
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