MENA Healthcare 3D Printing Market Top Key Players, Industry Analysis And Forecast By 2027 | 3D Systems Corporation, Arcam AB, Royal DSM N.V., Stratasys Ltd.

MENA Healthcare 3D printing market was valued at US$ 87.07 million in 2018 and is anticipated to reach US$ 234.2 million by 2025 displaying CAGR growth of 13.1% over the forecast period (2019-2025). 3D printing in healthcare makes the possibility to provide patients with a new form of treatment in several ways. 3D printing is used for the development of new surgical cutting and drill guides, prosthetics as well as the creation of patient-specific replicas of bones, organs, and blood vessels. Recent advances in 3D printing in healthcare have led to lighter, stronger, and safer products, reduced lead times, and lower costs. In February 2020, Dubai Health Authority has opened a 3D Printing Lab in its Innovation Centre that is supposed to provide medical professionals at DHA with patient-specific anatomical models and allow them to conduct detailed pre-operative analysis and to improve patient communication at DHA’s hospitals including Rashid, Latifa, Dubai and Hatta Hospital.

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Multiple sectors within the medical industry are benefiting from 3D printing, including orthopedics and dental. The technology is offering exciting new ways to provide personalized care and create better-performing medical devices. Nowadays, the 3D printing technology represents a big opportunity to help pharmaceutical and medical companies to create more specific drugs, enabling rapid production of medical implants, and changing the way that doctors and surgeons plan procedures. Patient-specific 3D-printed anatomical models are becoming increasingly useful tools in today’s practice of precision medicine and for personalized treatments. In the future, 3D-printed implantable organs will probably be available, reducing the waiting lists and increasing the number of lives saved.

MENA healthcare 3D Printing market based on the component type is bifurcated into Product, material, service, and other (software). The product segment dominated the market and is expected to remain dominant throughout the forecast period 2019-2025. Advanced printers lay down one layer on top of another until the object has been fully assembled. Today, 3D Printers are no longer relegated to factories and laboratories. Based on the product (printer), the market is segmented into Professional/Industrial Printers and Personal/Desktop 3D Printers.

Professional/Industrial Printers is expected to maintain its dominance throughout the analyzed period. However, Desktop 3D Printer is expected to witness a CAGR growth of 14.8% during the analyzed period.

The material utilized for the 3D printing in the market is bifurcated into various types such as a polymer, plastic, metals and alloys, and ceramics. The ceramic segment is expected to witness a significant CAGR growth of 15.1% during the analyzed period. Based on service type, the market is segmented into Custom Design and Manufacturing and After Sales Service. In 2018, Custom Design and Manufacturing generated revenue of US$ 9.41 million in the MENA Healthcare 3D Printing market.

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Stereolithography, selective laser sintering, electron beam melting, fused deposition modeling, laminated object manufacturing, bioprinting, and others are the major types of technology in the MENA Healthcare 3D Printing market. Fused Deposition Modelling occupied the prominent share in 2018 as it is one of the prominent and user-friendly technologies that is widely used to create 3D printed objects. FDM is one of the most widely used additive manufacturing processes for fabricating prototypes and functional parts in common engineering plastics. Based on application, the market is bifurcated into functional parts, fit and assembly, prototype modeling, research, model casting, visual aids, presentation modeling, others. In 2018, Functional Parts manufacturing dominated the MENA healthcare 3D Printing technology market, generating revenue of US$ 29.46 million.

The MENA healthcare 3D printing market based on the practice area is divided into medical devices, pharma, and bioscience. In 2018, the medical device segment dominated the adoption of 3D Printing technology, accounting for 56.8% share. However, the bioscience segment is expected to witness the highest CAGR growth during the forecast period 2019-2025. Based on the end-use category, the market is bifurcated into dental implants, implants, prosthetics, hearing aids, surgical guides, medical components, drug screening, tissue engineering, and others. 3D modeling and printing greatly support advances in individualized medicine and surgery. 3D printing is largely deployed for the manufacturing of dental implants hence, dental implants dominated the MENA healthcare 3D printing market, generating revenue of US$ 29.94 million in 2018.

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For a deep-dive analysis of the technology, detailed country-level analysis has been conducted for countries including UAE, Qatar, Saudi Arabia, Kuwait, Egypt, Algeria, and the rest of MENA. UAE generated revenue of US$ 16.02 million in 2018. However, Algeria is expected to witness the highest CAGR growth of 16.1% during the forecast period 2019-2025.

3D Systems Corporation, Arcam AB, Royal DSM N.V., Stratasys Ltd., Organovo Holdings, Inc, Mcor Technologies Limited, Voxeljet AG, 3DVinci Creations, AddUp, and Jumbo 3D manufacturing are some of the prominent players operating in the MENA healthcare 3D printing market. Several M&A’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products.

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MENA Healthcare 3D Printing Market Segmentation

Market Insights, by Component
• Product
o Professional/Industrial 3D Printers
o Personal/Desktop 3D Printers
• Material
o Polymer
o Plastic
o Metal and Alloys
o Ceramic
o Others
• Service
o Custom Design and Manufacturing
o After Sales Service
• Others (Software)

Market Insights, by Technology
• Fused Deposition Modelling
• Selective Laser Sintering
• Stereolithography
• Electron Beam Melting
• Laminated Object Manufacturing
• Bio Printing
• Others

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Market Insights, by Application
• Functional Parts
• Fit and Assembly
• Prototype Modelling
• Research
• Model Casting
• Visual Aids
• Presentation Modelling
• Others

Market Insights, by End-Use Category
• Dental Implants
• Implants
• Prosthetics
• Hearing Aids
• Surgical Guides
• Medical Component
• Drug Screening
• Tissue Engineering
• Others

Market Insights, by Practice Area
• Medical Device
• Pharma
• Bioscience

Market Insights, by End-User
• Medical & Surgical Centers
• Pharma & Biotech Companies
• Academic & Research Institutes

Market Insights, by Country
• United Arab Emirates
• Qatar
• Saudi Arabia
• Kuwait
• Egypt
• Algeria
• Rest of MENA

Top Company Profiles
• 3D Systems Corporation
• Arcam AB
• Royal DSM N.V.
• Stratasys Ltd.
• Organovo Holdings, Inc
• Mcor Technologies Limited
• Voxeljet AG
• 3DVinci Creations
• AddUp
• Jumbo 3D

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