Egypt Glucose Monitoring Devices Market to Grow with a CAGR of 6.27% through 2029
Increasing prevalence of cdiabetes is expected to drive the Egypt Cancer Diagnostics Market growth in
the forecast period 2025-2029
According to TechSci Research report, “Egypt
Glucose Monitoring Devices Market –Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2018-2028F”, the Egypt
Glucose Monitoring Devices Market stood at USD 370.6 Million in 2023 and is
anticipated to project impressive growth in the forecast period with a CAGR of 6.27% through 2029.
Collaboration among healthcare providers, technology
companies, and diabetes organizations is playing a crucial role in advancing
the Egypt glucose monitoring devices market. These partnerships are
instrumental in driving innovation, expanding market reach, and improving the
overall quality of care for individuals living with diabetes in the country. Healthcare
providers in Egypt are increasingly recognizing the importance of integrating
technological advancements into diabetes management. By partnering with
technology companies specializing in glucose monitoring devices, healthcare
providers gain access to cutting-edge technologies that enhance the accuracy,
efficiency, and convenience of glucose monitoring. These collaborations
facilitate the development of new devices tailored to the specific needs and
preferences of Egyptian patients, considering factors such as affordability,
ease of use, and cultural relevance. Technology companies, on the other hand,
benefit from partnerships with healthcare providers by gaining insights into
the local healthcare landscape and regulatory requirements. This knowledge
allows them to adapt their products and services to meet the unique challenges
and opportunities presented in the Egyptian market. By working closely with
diabetes organizations and patient advocacy groups, technology companies can
also ensure that their innovations address the real-world needs of patients and
healthcare professionals.
Diabetes organizations play a vital role in these
collaborations by providing expertise, advocacy, and support for diabetes
prevention, education, and management initiatives. They help bridge the gap
between healthcare providers and technology companies, facilitating
communication and collaboration to achieve common goals of improving diabetes
care outcomes. The collaborative efforts between healthcare providers,
technology companies, and diabetes organizations in Egypt are fostering an
environment of innovation and progress in the glucose monitoring devices
market. By leveraging collective expertise and resources, these partnerships
are driving advancements that enhance patient care, promote diabetes awareness,
and contribute to better health outcomes for individuals with diabetes across
the country.
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The Egypt Glucose Monitoring Devices Market is
segmented into product, application, end user, regional distribution, and
company.
Based on end user, home care settings are increasingly
dominant, driven by advancements in technology and patient preference for
convenience and autonomy in managing diabetes. Home care settings offer
individuals with diabetes the ability to monitor their blood glucose levels
regularly and conveniently without needing to visit hospitals or clinics
frequently. Devices like self-monitoring blood glucose (SMBG) systems and
continuous glucose monitoring (CGM) systems are designed to be user-friendly,
allowing patients to monitor their glucose levels at home with ease. The
COVID-19 pandemic has accelerated the trend towards home care settings, as
remote monitoring and telehealth solutions became essential to reduce exposure
risks. This shift towards home care settings aligns with healthcare trends
emphasizing patient-centered care and empowerment, where individuals actively
participate in their own health management. As technology continues to evolve
and healthcare delivery models adapt, home care settings are expected to remain
dominant in glucose monitoring, offering flexibility, accessibility, and
improved quality of life for patients managing diabetes.
Based on region, Alexandria emerges as the second
dominant region in Egypt's glucose monitoring devices market due to its robust
healthcare infrastructure and significant population base. The city hosts a
network of hospitals, clinics, and healthcare facilities equipped with advanced
diabetes management technologies. Alexandria's strategic location and
accessibility contribute to its prominence, facilitating the distribution and
adoption of glucose monitoring devices across the region. The healthcare professionals
in Alexandria are actively involved in diabetes awareness campaigns, early
detection programs, and continuous medical education, which enhance patient
care and drive demand for innovative monitoring solutions. These factors
collectively position Alexandria as a key hub for diabetes management and
technology adoption, supporting its role as a leading market for glucose
monitoring devices in Egypt.
Major companies operating in the Egypt Glucose
Monitoring Devices Market are:
- Abbott Egypt
- Agilent Egypt
- Roche Egypt LLC
- FUJIFILM Healthcare Middle East S.A.E.
- Siemens Healthineers Egypt
- Johnson & Johnson
- GE Healthcare Egypt
- Ortho Clinical Diagnostics
- PerkinElmer International C.V.
- LifeScan Egypt
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“The drivers of the Egypt glucose monitoring devices
market include increasing prevalence of diabetes, growing healthcare
expenditure, technological advancements enhancing device accuracy and
convenience, rising awareness and education about diabetes management, and
collaborative efforts between healthcare providers, technology companies, and
diabetes organizations. These factors collectively stimulate demand for glucose
monitoring devices, promote innovation in device development, and improve
access to effective diabetes care across the country” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based management consulting
firm.
“Egypt
Glucose Monitoring Devices Market, By Product (Self-Monitoring Glucose Devices,
Continuous Glucose Monitoring Devices), By Application (Type 1 Diabetes, Type 2
Diabetes, Gestational Diabetes), By
End User (Home Care Settings, Hospital, Others), By Region, By Competition,
Forecast & Opportunities, 2019-2029F”, has evaluated the future growth
potential of Egypt Glucose Monitoring Devices 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 Egypt Glucose Monitoring Devices Market.
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