Middle East and Africa 3D Printing Medical Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services, Equipment {3D Printers, 3D Bioprinters}, Materials {Plastics Material, Metal and Metal Alloys, Bioprint

Middle East and Africa 3D Printing Medical Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services, Equipment {3D Printers, 3D Bioprinters}, Materials {Plastics Material, Metal and Metal Alloys, Bioprinting Biomaterial, Wax Material, and Others}), Technology (Laser Beam Melting {Direct Metal Laser Sintering, Selective Laser Sintering, Selective Laser Melting, LaserCusing}, Photopolymerization {Stereolithography, Others}, Droplet Deposition/Extrusion Based Technologies {Fused Deposition Modelling, Multiphase Solidification, Low Temperature Deposition Manufacturing}, Electron Beam Melting ), Application (Custom Prosthetics and Implants {Craniomaxillofacial Implants, Custom Dental Prosthetics and Implants, Custom Orthopedic Implants}, Surgical Guides {Dental Orthopedic, Craniomaxillofacial, Spinal Guides}, Tissue Engineering Products {Bone and Cartilage Scaffolds, Ligament and Tendons Scaffolds}, Surgical Instruments {Surgical Fasteners, Scalpels

The Middle East & Africa 3D printing medical devices market is expected to reach US$ 293.6 million by 2028 from US$ 109.6 million in 2021. The market is estimated to grow at a CAGR of 15.1% from 2021-2028. 3D printing technology has emerged as an excellent technique and valuable tool for organ transplantation. The 3D bioprinters underwent many stages and improvements to meet quality standards and expectations. Thus, the development and production of 3D printers is a constantly growing process with increasing application range. 3D printers help boost medical device production, thereby saving patients’ lives. They help solve challenges with shortages of organ donors and host rejection of donated organs. Moreover, it allows doctors to treat many patients in a short period. The 3D printing technology can be used to create safe environments that supply blood, oxygen, and essential nutrients for the survival of organs that will be transplanted. 3D printers have a significant impact on organ replacement in the medical field because they are bio-printed; it saves time spent on searching for suitable donors. As a result, the outcome is expected to be profoundly positive, particularly in terms of quality of life, with significant societal consequences. Artificial tissue and organ bioprinting are promising applications of 3D bioprinting that have the potential to revolutionize the field of regenerative medicine.

Based on component, the 3D printing medical devices market is segmented into software and services, equipment, and material. In 2021, the material segment accounted for the largest share. Moreover, the software and services segment is expected to grow at the highest CAGR during the forecast period.

The adoption of 3D print technology across Africa has been slow over the last few years, with applications limited to uses cases such as concept modeling and functional prototyping. The 3D print market's high responsiveness and agility to fill in medical supply-chain gaps and the COVID-19 pandemic has likely compelled several businesses in Africa to reconsider their adoption of the technology and make a profound impact on disrupted supply chains. Elective surgeries have declined more rapidly in the Middle East than in Europe and the US. Bariatric, orthopedic, and plastic surgeries are severely impacted compared to trauma and a few cardiovascular procedures.

The overall Middle East & Africa 3D printing medical devices market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the Middle East & Africa 3D printing medical devices market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Middle East & Africa 3D printing medical devices market. Companies adopt a few strategies, such as mergers and acquisitions and market initiatives, which promotes market growth. EOS GmbH Electro Optical Systems, Stratasys Ltd.; 3D Systems, Inc.; EnvisionTech, Inc.; Concept Laser Gmbh (General Electric); and SLM Solution Group AG are among the major players operating in the market.

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