Report : Middle East and Africa 3D Printing Polymer Material Market for Medical Application Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material [Polyether Ether Ketone (PEEK), Polymethylmethacrylate (PMMA), Polylactic Acid (PLA), and Others] and Application (Dental and Hearing Aids)
Polyether Ether Ketone (PEEK) Segment to Dominate MEA 3D Printing Polymer Material Market for Medical Application during 2021–2028
According to a new market research study on “MEA 3D Printing Polymer Material Market for Medical Application to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material and Application” is expected to reach US$ 52.17 million by 2028 from US$ 22.92 million in 2021. The market is estimated to grow at a CAGR of 12.5% from 2021 to 2028. The report provides trends prevailing in the MEA 3D printing polymer material market for medical application along with the drivers and restraints pertaining to the market growth. Rising demand for customized oral devices is the major factor driving the growth of the MEA 3D printing polymer material market for medical application market. However, issues associated with the availability of substitute products hinder the growth of MEA 3D printing polymer material market for medical application.
The MEA 3D printing polymer material market for medical application is segmented based on material, application, and country. Based on the material, the market is segmented into polyether ether ketone (PEEK), polymethylmethacrylate (PMMA), polylactic acid (PLA), and other material. The polyether ether ketone (PEEK) segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Whereas by application, the market is broadly divided into dental and hearing aids. The dental segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on country, the MEA 3D printing polymer material market for medical application is classified into the South Africa, Saudi Arabia, UAE, and Rest of MEA.
Arkema; BASF SE; Evonik Industries AG; Formlabs; Henkel AG & COMPANY, KGAA; Roboze; Solvay S.A.; and Stratasys Ltd. are among the leading companies in the MEA 3D printing polymer material market for medical application. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2022, Roboze announced new PEEK matrix composite: Helios ™ PEEK 2005. It is a high temperature composite material reinforced with chopped fibers of ceramic.
MEA 3D Printing Polymer Material Market for Medical Application, By Country, 2020 and 2028 (%)
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