The sector's revenue was expected to reach $340.5 million in 2022, before reaching $498 million in 2023 and $677.6 million in 2024.

The health technology sector's services include digital health applications and devices, telehealth and online pharmacies.

Digital health ranks third among Egyptian startups in terms of funding, according to IDSC data.

13 Egyptian health technology startups received a total of $50.5 million in funding in 2022.