MEA Healthcare 3D Printing Market

MEA Healthcare 3D Printing Market Size (2023 to 2028)

The Middle East and Africa 3D printing market sizes are estimated to be growing at a CAGR of 9.8% during the forecast period.

The benefits of 3D printing in healthcare can also be seen in many industrial sectors where the adoption of additive technology has been a radical change for the end-user category. Although 3D printing for healthcare is in its early stages and will take time to reach the level of mass adoption, in the years to come, with the combination of several innovative technologies, the technique shows enormous potential for radically transform and personalize many designs and production processes.

The dramatic increase in investments in products and development of 3D solutions, 3D technique on the rise in healthcare, government support, technological advancements in healthcare (especially medical devices), increase spending on 3D printing technology, a faster supply chain, and shorter delivery times, among others. Additive printing has significantly influenced the growth prospects of 3D printing on a MENA scale. Additionally, as technology has successfully reached the peak of the productivity plateau phase, the healthcare industry is rapidly turning to 3D to design surgical guides, orthotics, and medical implants. In addition, the booming concept of dental 3D printing and the launch of dental laboratories have completely revolutionized 3D printing showing promising advances in the medical and dental fields.

The unique, customizable features and ease of medical device and product development through this method is also a major growth engine for the healthcare 3d printing market in the MEA region.

The high costs required for the implementation and maintenance of these devices and the strict regulatory compliance present by the authorities on the commercialization of medical devices developed using 3D printing act as limiting factors for the market of medical devices. In addition, 3D printing medical devices also have difficulty penetrating developing countries due to a lack of funds.

Impact of COVID-19 on the MEA healthcare 3D printing market:

The coronavirus pandemic has hit the Middle East and North Africa at a time when the region is already plagued by multiple challenges, including a series of protracted conflicts, sectarian tensions, economic crises, and political turmoil. It is also expected to accelerate due to the mediocrity of its public health systems. In addition, factors such as the closure of many manufacturing sites followed by lack of investment due to the economic downturn will have a major impact on the Middle East and African region's healthcare resources.

This research report on the APAC healthcare 3d printing market segmented and sub-segmented into the following categories and analyzed market size and forecast for each segment until 2028.

By Component:

• System/Device
• Materials
• Services

By Technology:

• Droplet Deposition (DD)
• Fused Deposition Modeling (FDM) Technology     
• Low-temperature Deposition Manufacturing (LDM)
• Multiphase Jet Solidification (MJS)
• Photopolymerization
• Stereolithography (SLA)
• Continuous Liquid Interface Production (CLIP)
• Two-photon polymerization (2PP)
• Laser Beam Melting
• Selective Laser Sintering (SLS)
• Selective Laser Melting (SLM)
• Direct Metal Laser Sintering (DMLS)
• Electronic Beam Melting (EBM)
• Laminated Object Manufacturing

By Application:

• External Wearable Devices
• Clinical Study Devices
• Implants
• Tissue Engineering

By End-User:

• Medical & Surgical Canters
• Pharmaceutical & Biotechnology Companies
• Academic Institutions

By Country:

• KSA
• UAE
• Israel
• rest of GCC countries
• South Africa
• Ethiopia
• Kenya
• Egypt
• Sudan
• rest of MEA

Geographically, the UAE healthcare 3d printing market is predicted to play a dominating role in the MEA market during the forecast period. However, Algeria is expected to experience the highest CAGR growth of 16.9% during the forecast period. Moreover, with the growing manufacturing sector in UAE and the region at large, it also captures most of the 3D printing healthcare market in the Middle East region.

Healthcare3D printing in the Middle East and North Africa has experienced remarkable growth and is set to reach new heights in the years to come. Most countries such as UAE, Qatar, and Saudi Arabia are ready to take advantage of the opportunities inherent in 3D printing and therefore have a technological advantage.

In addition, the region has immense potential to radically transform the way medical devices are used to treat patients. The technique has become one of the cost-effective options for the medical device industry and has had a positive impact on the healthcare segment. 3D printing in the Middle East and North Africa has experienced remarkable growth, mainly due to the growing acceptance of 3D technology in various industrial sectors, increased regulatory support from government agencies, and continued disruption in the manufacturing sector. For this reason, the Middle East and North Africa showed huge growth in CAGR during the forecast period.

KEY MARKET PLAYERS:

A few of the notable companies operating in the MEA healthcare 3d printing market profiled in this report are General Electric, 3D Systems, Inc., EnvisionTEC GMBH, Eos GmbH, Imaginarium, JGroup Robotics, Materialise N.V., Stratasys LTD., Nanoscribe GmbH.