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)
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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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology, Product, and Application, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Saudi Arabia
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East and Africa Medical device additive manufacturing Market – By Technology
1.3.2 Middle East and Africa Medical device additive manufacturing Market – By Products
1.3.3 Middle East and Africa Medical device additive manufacturing Market – By Applications
1.3.4 Middle East and Africa Medical device additive manufacturing Market – By Country
2. Middle East and Africa Medical device additive manufacturing Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East and Africa Medical device additive manufacturing Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Medical device additive manufacturing Market - Middle East and Africa PEST Analysis
4.3 Expert Opinion
5. Middle East and Africa Medical device additive manufacturing Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Demand for Additive Manufacturing in Healthcare
5.1.2 Rising Incidence of Musculoskeletal and Dental Diseases
5.2 Market Restraints
5.2.1 Exorbitant Costs of Automated Medical Device Additive Manufacturing
5.3 Market Opportunities
5.3.1 Developments in Healthcare Sector
5.4 Future Trends
5.4.1 Rising Preference for Customized Medical Devices
5.5 Impact Analysis of Drivers and Restraints
6. Medical Device Additive Manufacturing Market – Middle East and Africa Analysis
6.1 Middle East and Africa Medical Device Additive Manufacturing Market Revenue Forecast And Analysis
6.2 Middle East and Africa Medical Device Additive Manufacturing Market, By Geography - Forecast And Analysis
7. Middle East and Africa Medical Device Additive Manufacturing Market Analysis – By Technology
7.1 Overview
7.2 Middle East and Africa Medical Device Additive Manufacturing Market Revenue Share, by Technology (2019 and 2027)
7.3 Laser Sintering
7.3.1 Overview
7.3.2 Laser Sintering: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Electron Beam Melting
7.4.1 Overview
7.4.2 Electron Beam Melting: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Stereolithography
7.5.1 Overview
7.5.2 Stereolithography: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Extrusion
7.6.1 Extrusion: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
8. Middle East and Africa Medical Device Additive Manufacturing Market Analysis – By Product
8.1 Overview
8.2 Medical Device Additive Manufacturing Market Revenue Share, by Product (2019 and 2027)
8.3 Surgical guides
8.3.1 Surgical Guides: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Surgical Instruments
8.4.1 Overview
8.4.2 Surgical Instruments: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Implants and Prosthetics
8.5.1 Overview
8.5.2 Implants and Prosthetics: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Tissue Engineering
8.6.1 Overview
8.6.2 Tissue Engineering: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Other Products
8.7.1 Overview
8.7.2 Other Products: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
9. Middle East and Africa Medical Device Additive Manufacturing Market Analysis – By Application
9.1 Overview
9.2 Middle East and Africa Medical Device Additive Manufacturing Market Share, by Applications, 2019 and 2027, (%)
9.3 Dental
9.3.1 Overview
9.3.2 Dental: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Orthopedic
9.4.1 Overview
9.4.2 Orthopedic: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Bioengineering
9.5.1 Overview
9.5.2 Bioengineering: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Craniomaxillofacial
9.6.1 Overview
9.6.2 Craniomaxillofacial: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
10. Medical Device Additive Manufacturing Market Analysis And Forecasts To 2027 – Regional Analysis
10.1 Middle East & Africa: Medical Device Additive Manufacturing Market
10.1.1 Overview
10.1.2 Middle East & Africa: Medical Device Additive Manufacturing Market - Revenue and Forecast to 2027 (US$ Million)
10.1.3 Middle East & Africa Medical Device Additive Manufacturing Market, by Technology– Revenue and Forecast to 2027 (USD Million)
10.1.4 Middle East & Africa Medical Device Additive Manufacturing Market, by Product– Revenue and Forecast to 2027 (USD Million)
10.1.5 Middle East & Africa Medical Device Additive Manufacturing Market, by Application– Revenue and Forecast to 2027(USD Million)
10.1.6 Middle East & Africa: Medical Device Additive Manufacturing Market, by Country, 2019& 2027 (%)
10.1.6.1 Saudi Arabia: Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (USD Million)
10.1.6.2 Saudi Arabia: Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (USD Million)
10.1.6.3 Saudi Arabia Medical Device Additive Manufacturing Market, by Technology– Revenue and Forecast to 2027 (USD Million)
10.1.6.4 Saudi Arabia Medical Device Additive Manufacturing Market, by Product– Revenue and Forecast to 2027 (USD Million)
10.1.6.5 Saudi Arabia Medical Device Additive Manufacturing Market, by Application– Revenue and Forecast to 2027 (USD Million)
10.1.7 UAE: Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 UAE: Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 UAE Medical Device Additive Manufacturing Market, by Technology– Revenue and Forecast to 2027 (USD Million)
10.1.7.3 UAE Medical Device Additive Manufacturing Market, by Product– Revenue and Forecast to 2027 (USD Million)
10.1.7.4 UAE Medical Device Additive Manufacturing Market, by Application– Revenue and Forecast to 2027(USD Million)
10.1.8 South Africa: Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 South Africa: Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 South Africa Medical Device Additive Manufacturing Market, by Technology– Revenue and Forecast to 2027 (USD Million)
10.1.8.3 South Africa Medical Device Additive Manufacturing Market, by Product– Revenue and Forecast to 2027 (USD Million)
10.1.8.4 South Africa Medical Device Additive Manufacturing Market, by Application– Revenue and Forecast to 2027 (USD Million)
11. Impact of COVID-19 Pandemic on Middle East and Africa Medical device additive manufacturing Market
11.1 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 3D Systems, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 GE Additives
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Materialise NV
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.5 STRATASYS LTD
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 EOS Gmbh
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 Glossary of Terms
LIST OF TABLES
Table 1. Middle East & Africa Medical Device Additive Manufacturing Market, by Technology– Revenue and Forecast to 2027 (USD Million)
Table 2. Middle East & Africa Medical Device Additive Manufacturing Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 3. Middle East & Africa Medical Device Additive Manufacturing Market, by Application– Revenue and Forecast to 2027(USD Million)
Table 4. Saudi Arabia Medical Device Additive Manufacturing Market, by Technology– Revenue and Forecast to 2027 (USD Million)
Table 5. Saudi Arabia Medical Device Additive Manufacturing Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 6. Saudi Arabia Medical Device Additive Manufacturing Market, by Application– Revenue and Forecast to 2027(USD Million)
Table 7. UAE Medical Device Additive Manufacturing Market, by Technology– Revenue and Forecast to 2027 (USD Million)
Table 8. UAE Medical Device Additive Manufacturing Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 9. UAE Medical Device Additive Manufacturing Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 10. South Africa Medical Device Additive Manufacturing Market, by Technology– Revenue and Forecast to 2027 (USD Million)
Table 11. South Africa Medical Device Additive Manufacturing Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 12. South Africa Medical Device Additive Manufacturing Market, by Application– Revenue and Forecast to 2027(USD Million)
Table 13. Glossary of Terms, Middle East and Africa Medical Device Additive Manufacturing Market
LIST OF FIGURES
Figure 1. Medical device additive manufacturing Market Segmentation
Figure 2. Middle East and Africa Medical device additive manufacturing Market Segmentation – By Region
Figure 3. Middle East and Africa Medical device additive manufacturing Market Overview
Figure 4. Laser Sintering Segment Held Largest Share of Middle East and Africa Medical Device Additive Manufacturing Market
Figure 5. Medical device additive manufacturing Market - Middle East and Africa PEST Analysis
Figure 6. Middle East and Africa Medical Device Additive Manufacturing Market Impact Analysis of Drivers and Restraint
Figure 7. Middle East and Africa Medical Device Additive Manufacturing Market – Revenue Forecast And Analysis – 2019- 2027 (US$ Million)
Figure 8. Middle East and Africa Medical Device Additive Manufacturing Market Revenue Share, by Technology (2019 and 2027)
Figure 9. Laser Sintering: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 10. Electron Beam Melting: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Stereolithography: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Extrusion: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Medical Device Additive Manufacturing Market Revenue Share, by Product (2019 and 2027)
Figure 14. Surgical Guides: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Surgical Instruments: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Implants and Prosthetics : Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Tissue Engineering: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Other Product : Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Middle East and Africa Medical Device Additive Manufacturing Market Share, by Applications, 2019 and 2027 (%)
Figure 20. Dental: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Orthopedic: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Bioengineering: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Craniomaxillofacial: Middle East and Africa Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Middle East & Africa Medical Device Additive Manufacturing Market Revenue and Forecast to 2027 (USD Million)
Figure 25. Middle East & Africa: Medical Device Additive Manufacturing Market, by Country, 2019& 2027 (%)
Figure 26. Saudi Arabia: Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (USD Million)
Figure 27. UAE: Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (USD Million)
Figure 28. South Africa: Medical Device Additive Manufacturing Market – Revenue and Forecast to 2027 (USD Million)
Figure 29. Impact of COVID-19 Pandemic in Middle East and African Country Markets
- 3D Systems, Inc.
- GE Additives
- Materialise NV
- STRATASYS LTD
- VAUPELL, INC.
- EOS Gmbh
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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