The Egypt Hepatitis C Testing
Market is expected to grow at an impressive rate in the forecast period.
Hepatitis C is a viral infectious disease affecting the liver, from liver
inflammation to liver misfunctioning. It mainly occurs due to the transition of
infected, contaminated blood to other healthy bodies through various means. It
is challenging to understand HCV in a short period as it takes decades to show
the symptoms. The outcome of Hepatitis C disease is well known by people,
making them concerned about their health. Hepatitis C Testing Market is going
to experience an increase in market share due to awareness and prevention of
HCV in Egypt. According to NLM (national library of medicine) estimation,
there will be a downfall of 95% of HCV cases compared to 2013 and going to
reach 280,000 in 2030. Hepatitis C is one of the significant reasons for
death in Egypt, which is a concern for the people of Egypt. Additionally,
Historical mistakes, National and international initiatives, increasing
population, and technological advancements or dependence are other reasons that
are projected to influence the growth of the market segment through 2027
positively.
Growing awareness about HCV
is boosting the market.
According to NLM, one out of
ten Egyptians aged between 15-59 suffers from chronic HCV infection, which
means they have created antibodies. 7% of the population is affected by chronic
Hepatitis C infection, which is 4.1 million. The figure mentioned earlier
indicates the impressive market for business as a large number of people are
suffering from HCV. Thus, the requirement for medicine and testing kits is
going to increase fulfilling the demand. Ignorance of hepatitis C can lead to
liver problems and even liver cancer, a more significant concern for people. In
response to saving the life of people, many national and international
institutions started campaigning throughout the country to treat hepatitis C
patients. As per a survey, out of 1000 people, six increasing people are
patients of hepatitis, estimated 170,000 new cases every year to add to the
11.5 million patients suffering from the disease. National Committee for
control of Viral Hepatitis (NCCVH), the Egyptian government, the public, NGOs,
Foreign organization, the world bank, and different pharmaceutical companies
are running initiatives and putting their combined effort into treating HCV.
Hence, the measure of the above stakeholder will impact a positive trend in
Egypt's market share in the hepatitis C testing market.
The government has launched
many initiatives and policies in the healthcare sector, such as conducting the
survey, establishing national guidelines & treatment centers, and
increasing funding for HCV treatment by up to 90%. These steps will impact HCV
treatment and expand the market demand for hepatitis C testing. All the factors
mentioned above are expected to drive the expansion of the Hepatitis C Testing
Market share.
Lack of Resources
In developing countries like
Egypt, NAT Nucleic Acid Amplification Testing is not mandatory due to high
costs and the need for high-skilled staff. Price is an essential factor while
using and buying any product. If the overall cost is calculated, the labor and
testing kit becomes an expensive product.
Merger and Collaboration with
international institution to propel market share
In this market collaboration,
a merger is the best method to enter the new market. These help the market use
the organization's expertise and others to gather the latest market share.
In December 2021, Roche Egypt
LLC and Microsoft corporation signed MoU. It will help companies improve
patient health care using AI & cloud technology and grow their market in
the Middle East.
In 2013, The American
University in Cairo announced to launch of Egypt's first university spinoff
company, "D-Kimia." It helps management enter a new market with
products or technologies developed at universities in Egypt.
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Market Segmentation
Egypt Hepatitis C Testing
Market is segmented based
on Test, Technique, and End User. Based
on test, market is divided into Antibody Test, Genotype
Test, Viral Load Test, and Others. Based on technique,
market is divided into Immunoassays, Polymerase Chain
Reaction (PCR), and Others. Based on End User, market is divided into Hospitals & Clinics, Diagnostic Laboratories, Others,
by company.
Market Players
D-Kimia Diagnostic Solutions,
Roche Egypt LLC, Abbott Diagnostic Division Egypt, Qiagen Egypt, Siemens
Healthineers Egypt, Bio-Rad Laboratories Egypt, Thermo Fischer Scientific Egypt
are the major market player in Egypt hepatitis C testing market.
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Attribute
|
Details
|
|
Base
Year
|
2021
|
|
Historic
Data
|
2017 – 2020
|
|
Estimated
Year
|
2022
|
|
Forecast
Period
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2023 – 2027
|
|
Quantitative
Units
|
Revenue
in USD Million, and CAGR for 2017-2021 and 2022-2027
|
|
Report
coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
|
Segments
covered
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·
Test
·
Technique
·
End User
|
|
Regional
scope
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Cairo,
Alexandria, Giza Qalyubia, Port Said Suez, and Rest of Egypt
|
|
Key
companies profiled
|
D-Kimia
Diagnostic Solutions, Roche
Egypt LLC, Abbott Diagnostic Division Egypt, Qiagen Egypt, Siemens
Healthineers Egypt, Bio-Rad Laboratories Egypt, and Thermo Fischer Scientific
Egypt
|
|
Customization
scope
|
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing
and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery
Format
|
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request)
|
Report Scope:
in this report, Egypt Hepatitis C
Testing Market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Egypt Hepatitis C
Testing Market, by test:
- Antibody Test
- Genotype Test
- Viral Load Test
- Others
- Egypt Hepatitis C
Testing Market, by technique:
- Immunoassays
- Polymerase Chain Reaction (PCR)
- Others
·
Egypt Hepatitis C Testing Market, by End User type:
- Hospitals & Clinics
- Diagnostic Laboratories
- Others
- Egypt Hepatitis C Testing Market, by region
- Cairo,
- Alexandria,
- Giza Qalyubia,
- Port Said Suez,
- Rest of Egypt
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Egypt Hepatitis C Testing Market.
Available Customizations:
With
the given market data, TechSci Research offers customizations according to a
company’s specific needs. The following customization options are available for
the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Egypt Hepatitis C Testing Market is an upcoming
report to be released soon. If you wish an early delivery of this report or
want to confirm the date of release, please contact us at [email protected]