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Business Opportunity in Egypt Radiology Equipment's Market: Ken Research

02-09-2023 10:59 AM CET | Health & Medicine

Press release from: Ken Research

Business Opportunity in Egypt Radiology Equipment's Market:

1. The radiology equipment industry in Egypt has full-grown over the review Duration 2015-2020 due to supporting factors like the geriatric population and the transition of healthcare amenities from analogy to digital technologies.

The radiology equipment market in Egypt has expanded at a significant growth rate over the forecasted period of 2015-2020. Factors like the geriatric population in the country and the transition of healthcare amenities from analogy to digital technologies have played a key role in helping this industry to grow over the past several years. The current growth indicates the bright future of the radiology equipment market in Egypt as the enhancement in the healthcare infrastructure is expected to produce the demand for such products in the coming years. Also, an increasing number of diseases and injuries will induce a high demand for this equipment in the next five years.

2. Presently, GE, Philips, and Siemens have been the leading competitors for all Radiology Equipments with the highest number of Installed units.

To Know More about this report, download a Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NDQ0MzEz

There are multiple players present in the Egypt Radiology Equipment Market, these include Philips, GE, Siemens, Toshiba, Fujifilm, DRTECH, Vieworks, Listem, Vila, DRGEM, Allengers, Bontech, iRay, Ecoray, WDM, SG Healthcare, Hologic, Technix, Ziehm Imaging, Shimadzu and more. They are working more proficiently to keep maintain the governing position, registering the great value of the market share, leading the highest market growth, obtaining the competitive edge, and generating the highest percentage of revenue by increasing the features and benefits of radiology equipment.

3. Sale of Refurbished and Pre-Owned Equipment, illegal imports and high duties and taxes are some of the Challenges faced by Companies, in the Egypt Radiology Equipment Market.

Visit this Link Request for a custom report @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NDQ0MzEz

Egypt is 100% import driven when it comes to the radiology equipment sector. It has very strict policies for importing Medical equipment in the country. 5-10% of import duties are levied on medical devices depending on the country of export. Asian Brands pay a higher import duty as compared to other brands. As a result, to avoid approvals and import duties, certain trading companies import products like C-Arm equipment in the country through illegal means. This impacted the growth of the radiology sector in Egypt. Not only this, the demand for Refurbished and Pre-owned equipment's are comparatively high in the country as this pre-owned equipment cost usually 40-50% less than brand-new equipment which further act as an add-on in the list of challenges of this segment.

For more insights on market intelligence, refer to the link below
https://www.kenresearch.com/healthcare/medical-devices/egypt-radiology-equipments-market-outlook-to-2025/444313-91.html

SECTOR 49 GURGAON

Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.

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