Description

Egypt is a democratic country witnessing political uncertainties. Economic growth was adversely affected during recession due to its high dependence on trade with the United States and European Union. Stimulus measures and new reforms have helped the economy rebound. The healthcare industry in Egypt is dominated by the public sector with a small and emerging private sector. The healthcare industry faces the challenge of low healthcare spending and low insurance coverage, however the Government is ramping up healthcare facilities and infrastructure. Consequently, consumer healthcare drugs, medical devices and pharmaceuticals are poised for growth.