Middle East and Africa Medical Devices Additives Manufacturing Market Analysis by 2027

The Middle East and Africa medical device additives manufacturing market is expected to reach US$ 117.67 million by 2027 from US$ 41.34 million in 2019; it is anticipated to grow at a CAGR of 14.1% during 2019–2027.

The key factors driving the market growth are high investments and expenditure on healthcare and advancing technologies in manufacturing medical devices, strong presence of key market players and the increasing demand for implants of orthopedic, dental and cochlear applications. However, high costs associated to medical device additives manufacturing process is the major factor hindering the market growth in Middle East and Africa.

Additive manufacturing is a technique used for manufacturing rapid prototypes as well as functional end-use parts. The use of additive manufacturing in the medical industry has witnessed an accelerating adoption in the recent years owing to various technological advancements such as custom-made medical devices. With additive manufacturing being implied in the healthcare industry, the scope for customization and innovation of medical devices has increased considerably over the last few years.

The rising incidence of musculoskeletal and dental diseases and increasing demand for additive manufacturing in healthcare are prime factors contributing to the growth of the market for medical device additives manufacturing. Musculoskeletal conditions affect the human locomotors system, comprising the muscles, bones, joints, tendons, and ligaments. These conditions range from the sudden and acute ones, such as fractures, sprains, and strains, to chronic ones associated with disability and ongoing pain. According to the World Health Organization (WHO), the prevalence and impact of musculoskeletal conditions is likely to rise with the aging world population as well as with the increase in prevalence of risk factors for non-communicable diseases (NCDs). Moreover, according to the Dubai health authority the prevalence of musculoskeletal disorders such as Rheumatic Diseases and Osteoporosis is constantly increasing and lower back pain and knee osteoarthritis were the most common musculoskeletal diseases in population of Middle East.

3D Systems, Inc., GE Additives, Materialise NV, are among the major companies in Medical Device Additives Manufacturing market.

Middle East and Africa countries were profoundly affected due to the COVID-19 pandemic. For instance, countries such as Italy, Spain, and France have reported the highest number of positive cases and have registered the maximum number of deaths. For instance, according to the Middle East and Africa Centre for Disease Prevention and Control, as of July 2020, 203 542 deaths have been registered due to COVID–19. Various companies have undergone severe losses in the last quarter of 2019; they have also faced a negative impact in the year 2020. However, the additive manufacturing market is benefiting through this. For instance, South African Health Products Regulatory Authority (SAHPRA) has been collaborating with National Department of Health and industry to actively monitor the potential impact of the COVID-19 pandemic and respond to any disruptions or shortages of medical devices necessary to fight the COVID-19 pandemic. Department of science and technology, Republic of South Africa working with Central University of Technology in order to offer affordable reconstructive surgery using innovative 3D printing technologies and innovations in medical devices industries.

South Africa Medical Device Additives Manufacturing Market, Revenue and Forecast to 2027 (US$ Mn)

MIDDLE EAST AND AFRICA MEDICAL DEVICE ADDITIVES MANUFACTURING MARKET SEGMENTATION

By Technology

• Laser Sintering,
• Electron Beam Melting,
• Stereolithography,
• Extrusion

By Products

• Surgical Guides,
• Surgical Instruments,
• Implants and Prosthetics,
• Tissue Engineering,
• Other Products

By Application

• Orthopedic,
• Bioengineering,
• Cardiomaxillofacial

By Country

• South Africa
• Saudi Arabia
• UAE
• Rest of Middle East and Africa

Company Profiles

• 3D Systems, Inc.
• GE Additives
• Materialise NV
• STRATASYS LTD
• VAUPELL, INC.
• EOS Gmbh

Middle East and Africa Medical Devices Additives Manufacturing Report Scope