Egypt
Pacemaker Market is expected to grow at an impressive rate during the forecast
period, 2018-2028. The major factors
include increasing prevalence of cardiovascular
diseases, increasing government attention and supportive policies, along
with rising healthcare expenditure and growing technological advancement in pacemakers.
The pacemaker is a medical device implanted to help regulate
the heartbeat. This is also used to prevent heart conditions when the heartbeat
is too low. A pacemaker is a medical device that is implanted in the chest to
regulate the heartbeat and provide a steady rhythm. It does this by emitting
electrical signals that stimulate the heart muscle to contract at a regular
pace. As the number of people with cardiovascular diseases continues to
increase, the demand for pacemakers has also been rising. According to a
World Health Organization’s 2020 report, the coronary heart disease caused 173,871
deaths in Egypt and reached 32.40% of total deaths.
Furthermore, the two main components of the pacemaker are the
leads and a pulse generator. The battery and a tiny computer are installed in
the pulse generator, which is located just beneath the skin of the chest. The
leads are wires that are implanted into the heart's muscle after being inserted
through the veins. They sense the electrical activity of the heart as well as
transmit impulses from the pulse generator to the heart muscle. The heart
contracts with each impulse. Depending on the kind of pacemaker required to treat
the heart condition, the pacemaker could have one to three leads.
Permanent pacemakers are majorly utilized among the pediatric
population, due to the high congenital and due to the surgically acquired
disturbances. Additionally, the growing demand for pacemaker implantations with
patient’s ease and requiring minimally invasive procedures is a significant
factor driving the Egypt pacemaker market growth.
Rising prevalence of cardiovascular diseases
Egypt is a low-to-middle income nation with a significantly increased
risk of cardiovascular diseases, such as heart
failure, arrhythmias, and other cardiac conditions. Cardiac conditions can
cause disruptions in the heart’s electrical system, leading to an irregular
heartbeat or a complete blockage of the heart's electrical signals. In Egypt
Cardiovascular diseases are the leading cause for death. According to a 2017
national household STEPS Survey (World Health Organization STEPwise Approach to
Surveillance), 39.2% of the Egyptian participants had approximately three risk
factors that can cause cardiovascular disease. Also, the prevalence of current
smoking, hypertension, diabetes mellitus, hypercholesterolemia, and obesity were
notably 22.7% (43% in men versus 0.5% in women), 29.5%, 15.5%, and 19.2%. Several heart conditions such as bradycardia,
arrhythmias,
ventricular fibrillation, ventricular
tachycardia along with the condition of a heart failure require a pacemaker.
Factors such as lifestyle disorders, excessive alcohol consumption, smoking,
and obesity are contributing to the prevalence of cardiac arrhythmia and are expected to support the growth of Egypt
Pacemaker Market. Rising lifestyle conditions such as obesity are common in
Egypt and are contributing to the cardiovascular diseases majorly. According
to the World Health Organization (WHO), Egypt is 18th
in the world in terms of obesity with 32% of Egyptian adults categorized as
obese.
Congestive cardiac failure, hypertrophic cardiomyopathy, and fainting spells
(syncope) are some conditions that could be treated with a pacemaker and is
thereby one of the important factors responsible to bolster the market growth
in the forecast period.

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Medical Tourism in Egypt
Egypt
is considered among the best medical tourism destination as it offers best cost
for the healthcare treatment plans. Due to its high standards for medical care,
Egypt is a popular destination for medical tourists. There are 11
JCI-accredited (Joint Commission International) hospitals in the nation that
offer superior care 24 hour a day. These facilities are equipped with the
latest technology and staffed with highly skilled and experienced healthcare
professionals. Egypt offers a wide range of cardiovascular treatment facilities
for medical tourists seeking specialized medical care. These facilities include
Cardiac Catheterization Laboratories, Coronary Artery Bypass Surgery, Heart
Transplantation, Valve Replacement Surgery, Electrophysiology services,
etc. The travel facilities and the treatment
for various health concerns for the tourists in Egypt are available fairly at
lower and reasonable prices as compared to several other countries and is
therefore one of the major factors contributing to the increased demand for
cardiovascular treatment and pacemaker implantations in the country.
Growing Geriatric Population
According to a World
Health Organization report, approximately 82% of deaths and around 67% of
premature deaths are caused due to occurrence of non-communicable diseases
(NCDs). With the rise in aged population around the world the demand for pacemakers is expected to
increase further. This is because the risk of developing cardiovascular
diseases increases with age. Cardiovascular diseases (CAD) are particularly prevalent among the aging population in Egypt due
to the high prevalence of risk factors such as hypertension, diabetes, and
smoking. Among the geriatric population, factors such as smoking include a
higher risk for cardiovascular diseases and thus is responsible for indirectly
increases the demand for pacemakers. According to a MoHP and WHO survey, in 2017, approximately
43.4% of males and 0.5% of females were smokers, and along with it around 24.9%
of the population was physically inactive among the population. Generally, people
above the age of 65 or 70 years of age have a high demand for pacemakers. This
is due to the physiological changes one undergoes during the aging process in which
the heart's conduction system becomes disordered. Moreover, there are
conditions such as reduction in P cells and an increase in collagen in the
sinoatrial node. Also in some cases, the number of conduction cells in the heart’s
bundle of His and in the right & left bundle branches also decrease, that leads to
the disfunction or slow functioning of the heart and therefore the necessity for heart treatments and having
demand for pacemakers in the Egypt pacemaker market. Additionally, as
the elderly population increases, there is a greater demand for healthcare
services, including long-term care and specialized geriatric care. Furthermore,
there may be an increased burden on the social security system, as the elderly
population may require additional financial support.
Technological advancement
Growing technological advancement in pacemakers has led to an increase
in demand for these devices.
Technological advancement in pacemakers include development of leadless pacemakers. These
devices are smaller than traditional pacemakers and do not require leads to be
implanted in the heart and reduce the risk of complications making the
implantation process less invasive. Also, leadless pacemakers have a longer
battery life, reducing the need for frequent replacements in the patient. Most
common recent development in the pacemaker industry has been the introduction
of leadless pacemakers. Unlike traditional pacemakers that require leads to be
threaded through veins and attached to the heart, leadless pacemakers are
self-contained devices that are implanted directly into the heart. These
devices are smaller and less invasive than traditional pacemakers, and they
have been shown to have fewer complications and a lower risk of infection. Additionally,
the recent advancement in pacemaker technology has been the introduction of
Bluetooth-enabled devices. These pacemakers can be monitored remotely by
healthcare providers, allowing for more frequent and accurate tracking of
patient health and reducing the need for in-person visits. This technology also
allows for more efficient adjustment of pacemaker settings to meet each
patient's specific needs, potentially improving outcomes and reducing the need
for further interventions. These advances have made pacemakers more accessible
to a broader range of patients and have led to an increase in demand for these
devices including pacemakers in Egypt.
Market Segmentation
The
Egypt Pacemaker Market can be segmented by type, technology, product type,
application, end user, region and competitive landscape. Based on type, the
market is segmented into implantable and external. Based on Product type , the
market is segmented conventional, and MRI Compatible. Depending on the Application,
the market is fragmented into arrythmias, congestive heart failure and others.
Based on the end user the market is further divided into hospitals, cardiac care
centers and ambulatory surgical centers.
Market Players
OSYPKA MEDICAL (Distributors)
LivaNova, Biotronik, Abbott, MEDTRONIC EGYPT LLC, Boston Scientific, MicroPort
Scientific Corporation, MEDICO S.R.L.(Distributors), etc. are some of the leading companies
operating in the market.
Attribute
|
Details
|
Base Year
|
2022
|
Historic Data
|
2018 – 2021
|
Estimated Year
|
2023
|
Forecast Period
|
2024 – 2028
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2018-2022
and 2023-2028
|
Report coverage
|
Revenue forecast, ,company share, competitive landscape,
growth factors, and trends
|
Segments covered
|
Type
Technology
Product Type
Application
End User
|
Regional scope
|
Cairo, Alexandria,
Giza, Qalyubia, Suez, Port Said,Rest of Egypt
|
Key companies profiled
|
OSYPKA MEDICAL (Distributors),LivaNova, Biotronik,
Abbott, MEDTRONIC EGYPT LLC, Boston Scientific, MicroPort Scientific
Corporation, MEDICO S.R.L.(Distributors)
|
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 Pacemaker Market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
·
Egypt
Pacemaker Market, By Type
o Implantable
o External
·
Egypt
Pacemaker Market, By Technology
o Single Chamber
o Dual Chamber
o Biventricular Chamber
·
Egypt
Pacemaker Market, By Product Type
o Conventional
o MRI Compatible
·
Egypt
Pacemaker Market, By Application
o Arrythmias
o Congestive Heart Failure
o Others
·
Egypt
Pacemaker Market, By End User
o Hospitals
o Cardiac Care Centers
o Ambulatory Surgical Centers
·
Egypt
Pharmaceutical Market, By Region:
o Cairo
o Alexandria
o Giza
o Qalyubia
o Suez
o Port Said
o Rest of Egypt
Competitive Landscape
Company Profiles: Detailed analysis of the
major companies present in Egypt Pacemaker 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).
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