Egypt's 3D Printing Medical Devices market size was valued at $8 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 17.8% from 2022 to 2030 and will reach $31 Mn in 2030. The market is segmented by component, application, technology, and end user. The Egypt 3D Printing Medical Devices market will grow as 3D printing technology has made a significant impact in the medical industry by enabling the production of personalized and complex medical devices. T The key market players are Some of the key players in the market include MOBILIS Medical, NovaBone Products, E2E Medical, Human Technology Lab, SymmetrySurgical, Stratasys, Materialise, Stryker, and others.
Egypt's 3D Printing Medical Devices market size was valued at $8 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 17.8% from 2022 to 2030 and will reach $31 Mn in 2030. According to the World Bank, Egypt's total healthcare expenditure as a percentage of its GDP was approximately 4.7% in 2019. However, it is worth noting that the Egyptian government has announced plans to increase healthcare spending in the coming years as part of its broader efforts to improve the country's healthcare system.
Egypt has been adopting 3D printing technology in various fields, including medical devices. The use of 3D printing technology in medical device manufacturing is becoming increasingly popular in Egypt due to its numerous advantages such as customization, cost-effectiveness, and faster production time. One notable example of the use of 3D printing in medical devices in Egypt is the production of prosthetics. In the past, prosthetics were expensive, took a long time to produce, and were often not the perfect fit for the patient. However, with 3D printing, prosthetics can be customized to fit the patient's exact measurements, making them more comfortable and functional. Moreover, 3D printing technology has significantly reduced the time and cost of production, making prosthetics more affordable and accessible to patients in need.
Moreover, 3D printing in medical devices in Egypt is in the production of surgical tools and implants. 3D printing technology allows for the production of complex and intricate shapes that traditional manufacturing methods cannot achieve, which is particularly useful in the production of customized implants. Additionally, 3D printing technology enables the production of lightweight and strong materials, which can improve the durability and functionality of medical devices.
The impact of 3D printing on the medical device market in Egypt has been positive. With the increasing adoption of 3D printing technology, the market for medical devices is becoming more competitive, as manufacturers can produce devices faster, more cost-effectively, and with greater customization options. This increased competition is likely to lead to more innovation and development of new medical devices, ultimately benefiting patients in Egypt and around the world. Hence the 3D printing medical device market will grow during the forecast period across the nation.
Market Growth Drivers
Market Restraints
Key Players
In Egypt, the regulatory framework for 3D printing medical devices is still under development. Currently, there are no specific regulations that govern the use of 3D printing technology in healthcare or medical device manufacturing. However, medical devices produced using 3D printing technology are subject to general regulations and guidelines for medical devices set by the Egyptian Drug Authority (EDA). These regulations require medical device manufacturers to obtain a license from the EDA before marketing their products in Egypt. The EDA requires manufacturers to comply with certain quality and safety standards, including ISO 13485, which specifies requirements for a quality management system for medical devices.
Additionally, the EDA has issued guidelines for the registration and licensing of medical devices, which require manufacturers to submit a technical file that includes information on the device design, materials used, manufacturing process, and performance data.
The Ministry of Health and Population is also involved in regulating the use of 3D printing in healthcare. In 2020, the Ministry issued guidelines for the use of 3D printing technology in healthcare, which cover various aspects, including equipment and material selection, validation and verification of the 3D printing process, and post-processing and finishing of 3D printed devices.
1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Component
The Egypt market is divided into three categories based on the component: equipment, materials, and software & services. End customers frequently employ software and services for designing and processing control of 3D-printed medical devices, particularly for bespoke items. The cost-effectiveness, utility, uniformity, and precision given by services for medical device 3D printing, together with a rise in demand for personalized 3D printed medical equipment among hospitals and surgical centers, are driving the market demand for software & surgical guides.
By Application
The Egypt market is divided into surgical guides, surgical tools, tissue-engineered goods, hearing aids, wearable medical devices/implantable medical devices, standard prostheses and implants, custom prosthetics and implants, and other medical devices based on the application. Due to the widespread adoption of 3D printing technology in the production of prosthetics and implants, the increased availability of high-quality biomaterials and ceramics for 3D printing, and ongoing industry investment in the development of novel 3D printers, the custom prosthetics and implants segment is expected to hold a larger share of the market in 2022.
By Technology
According to technology, the global market has been divided into three categories: three-dimensional printing (3DP) or adhesion bonding; electron beam melting (EBM); laser beam melting (LBM); photopolymerization; droplet deposition or extrusion-based technologies; and other technologies. The laser beam melting (LBM) segment is anticipated to hold the greatest market share in 2022, in large part due to the growing use of this technology in the dental sector and for the production of implants for minimally invasive surgery.
By End User
The Egypt market has been divided into hospitals and surgical facilities, dental and orthopedic clinics, academic institutions and research labs, pharma-biotech and medical device firms, and clinical research organizations based on end users. In 2022, hospitals and surgical centers are anticipated to hold the greatest market share. The high proportion of this market may be due to the ongoing expansion of internal 3D printing capabilities, the expansion of existing 3D printing laboratories, the rising affordability of 3D printing services, and the quick uptake of cutting-edge technology by hospitals in developed markets.
Methodology for Database Creation
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