UAE 3D printing medical device Market is expected to witness growth from $15 Mn in 2022 to $53 Mn in 2030 with a CAGR of 17.30% for the forecasted year 2022-30. Increasing demand for customized medical devices in the United Arab Emirates, technological advancements, rising healthcare spending, and rising awareness of 3D printing technology are some of the major market growth factors for makers in this sector. The market is segmented by product segmented by application, technology, and end user. Some key players in this market include Bin Ali Medical Supplies, Immensa Technology Labs, Proto21, GE Healthcare, Stryker, and Medtronic.
The UAE 3D printing medical devices market size is at around $15 Mn in 2022 and is projected to reach $53 Mn in 2030, exhibiting a CAGR of 17.30% during the forecast period. The UAE's current per-individual healthcare expenditures increased from $2,843.78 in 2018 to $2,996.36 in 2019. 5.5% of the UAE's Economy will be spent on health in 2021. Male life expectancy in the UAE is 78.21 years, while female life expectancy is 80.99 years in 2022.
The UAE has an outstanding healthcare system, with numerous top-notch hospitals and clinics providing state-of-the-art medical services like 3D imaging. The UAE government has recently made significant investments in the healthcare sector, including the use of cutting-edge technology like 3D imagery. As a consequence, the market for 3D-printed medical devices has grown in the nation, and more patients now have access to premium medical imaging services.
Some of the most common uses of 3D imaging in the UAE include:
Medical device producers can rapidly prototype new products due to 3D printing, which can hasten the development process and cut costs. By more effectively making medical devices, 3D printing can contribute to waste reduction. Contrary to conventional manufacturing processes, which can result in a large quantity of waste material, 3D printing only uses the precise amount of material required to build the object. Anatomy models of patients can be produced using 3D printing, which can assist doctors in organizing difficult operations. This can lessen the possibility of problems during the procedure.
Market Growth Drivers
The UAE 3D Printing Medical devices market is anticipated to expand considerably. Increasing demand for customized medical devices in the United Arab Emirates, technological advancements, rising healthcare spending, and rising awareness of 3D printing technology are some of the major market growth factors for makers in this sector. The development of new and improved 3D printing materials and printers, which can create more intricate and complicated medical devices, is a result of the advancement of 3D printing technology. Manufacturers can take advantage of these developments to make medical devices that are more inventive and efficient. The UAE government has made significant expenditures in the medical field and passed legislation to promote the use of cutting-edge 3D-printed medical devices. This has created an advantageous environment for the country's market for 3D-printed medical devices to grow. The demand for 3D Printing Medical devices is increasing as chronic diseases like cancer, cardiovascular disease, and diabetes are becoming more prevalent.
Market Restraints
The regulatory environment for 3D Printing Medical devices in the UAE is still developing, which may cause manufacturers who want to sell their 3D printed medical devices to face uncertainty and delays. The high infrastructure and equipment costs associated with 3D printing technology can prevent some producers from using it. The cost of 3D printing technology can be high, especially for small-scale producers. Competing with bigger manufacturers who have the resources to invest in this technology may be difficult as a result.
Key Players
October 2021: The Dubai Health Authority (DHA) and Immensa Technology Labs signed a Memorandum of Understanding (MoU) in 2021 to work together on 3D printing in the medical field. The objective of the MoU is to investigate the possibilities of 3D printing in the healthcare industry, specifically in the production of medical devices.
The UAE government's primary policy is to encourage the use of cutting-edge medical technologies, like 3D printing, to improve patient treatment. The Dubai 3D Printing Strategy, which aims to make Dubai a global leader in 3D printing by 2030, is one of several projects the UAE Ministry of Health and Prevention (MOHAP) has developed to promote the use of 3D printing in healthcare. For 3D-printed medical devices, the UAE has a thorough regulatory structure. Medical 3D printing is governed in the UAE by the Emirates Council for Standardization and Metrology (ESMA). Devices that are 3D made must adhere to its rules. Manufacturers must adhere to the technical requirements specified in the Gulf Cooperation Council (GCC) Medical Device Regulatory Framework in order to file 3D-printed medical devices in the UAE. This involves offering proof of the device's efficacy and safety, as well as that it complies with all pertinent rules and regulations.
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 UAE 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 UAE 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 UAE 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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1. Secondary Research
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Combining Secondary and Primary Research
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