Kenya 3D Printing Medical Devices Market Analysis

Kenya 3D Printing Medical Devices Market Analysis


$ 3999

This report presents a strategic analysis of the Kenya 3D Printing Medical Devices Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Kenya 3D Printing Medical Devices Market, offering unmatched value, accuracy and expert insights.

ID: IN10KEMD002 CATEGORY: Medical Devices GEOGRAPHY: Kenya AUTHOR: Jigyasu Bhandari

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Kenya 3D Printing Medical Devices Market Executive Summary

The Kenya 3D Printing Medical Devices Market size is at around $2 Mn in 2022 and is projected to reach $8 Mn in 2030, exhibiting a CAGR of 17.40% during the forecast period. Kenya's Total Health Spending increased from $3,188 million in 2016 to $3,476 million in 2020. Kenya spent 6.3% of GDP on health overall in 2020, down from 6.8% in 2014. Out-of-pocket expenses made up 23.25% of Kenya's total current health spending in 2020. Out-of-pocket expenses decreased gradually from 36.25% in 2015 to 23.25% in 2020 as a percentage of Kenya's present health expenditures.

In Kenya, Patient-specific medical equipment is being created using 3D printing, which has generated a lot of curiosity. Utilizing 3D printing, customised medical equipment can be created for each patient. By doing this, the device will suit perfectly and provide the required support or treatment. With 3D printing, it is not essential to use expensive tooling or manufacturing processes. This makes it a cost-effective choice for producing medical devices, particularly those that need to be produced in small quantities. With 3D printing, medical device creation can be completed much more quickly than with traditional manufacturing methods. This is particularly useful in an emergency situation where time is of the importance. Medical equipment that is 3D printed provides patients with more support, comfort, and usefulness when compared to conventional devices. 3D printing produces very little waste because it only uses the exact amount of material needed to make the object.

Kenya 3D Printing Medical Device Market Analysis

Market Dynamics

Market Growth Drivers Analysis

Kenya's population growth and increased prevalence of chronic diseases are contributing to an increase in the demand for healthcare services. Manufacturers of 3D-printed medical devices now have the chance to offer the public creative solutions to meet their healthcare requirements. In Kenya, funding for medical gadget research and development using 3D printing is increasing. It is anticipated that this will result in the creation of novel goods that address the particular healthcare requirements of the local populace. With investments in infrastructure and technology, the Kenyan government is aggressively promoting the growth of the healthcare industry. Manufacturers of 3D-printed medical devices should be able to develop and expand their businesses thanks to this support.

Market Restraints

As Kenya's healthcare infrastructure is still being developed, access to medical facilities, equipment, and qualified personnel poses challenges. Reaching their target market and providing the necessary help may be difficult for manufacturers of 3D-printed medical devices. Although Kenyans are becoming more aware of the benefits of 3D printing medical equipment, the technology is still relatively new and has not yet gained widespread use. This may make it challenging for producers to find clients and generate revenue. Access to financing is a significant barrier for many Kenyan producers of 3D-printed medical devices. Lack of funding may prevent manufacturers from investing in R&D, production, marketing, or company growth.

Competitive Landscape

Key Players

  • Kijenzi (KE)
  • APICALMED (KE)
  • Stratasys
  • GE Additive
  • Stryker
  • Medtronic
  • Philips Healthcare
  • Prodways Group

Notable Recent Deals

2022: The University of Nairobi in Kenya and Stratasys East Africa have teamed up to launch a 3D printing innovation hub. The centre’s mission is to advance 3D printing study and development, with a focus on medical applications.

Healthcare Policies and Regulatory Landscape

The regulatory organisation in charge of regulating the importation, production, and dissemination of 3D printed medical devices in Kenya is the Pharmacy and Poisons Board (PPB). All medical equipment, including those made using 3D printing, must currently be registered with the PPB in order to be bought or used in Kenya. The safety, functionality, and quality of a medical device must be fully disclosed by the maker, along with proof of the device's clinical efficacy, in order for the device to be registered. To make sure that manufacturers adhere to Good Manufacturing Practises (GMP) guidelines, the PPB examines this data and performs site inspections. The Kenya Bureau of Standards (KEBS), which is in charge of setting technical standards and making sure that products adhere to safety and quality standards, was created by the Kenyan government in addition to the PPB. A standard for 3D-printed medical devices is being created by KEBS, which has established standards for a variety of goods, including medical devices. 

1. Report Description of the Kenya 3D Printing Medical Devices Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report

2. Kenya 3D Printing Medical Devices Market Executive Summary

2.1 Kenya 3D Printing Medical Devices Market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings

3. Market Dynamics of Kenya 3D Printing Medical Devices Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis

4. Kenya 3D Printing Medical Devices Market Segmentation

4.1 By Component
4.1.1 Equipment
4.1.1.1 3D Printers
4.1.1.2 3D Bioprinters

4.1.2 Materials

4.1.2.1 Plastics
4.1.2.1.1 Thermoplastics
4.1.2.1.2 Photopolymers
4.1.2.2 Metals and Metal Alloys
4.1.2.3 Biomaterials
4.1.2.4 Ceramics
4.1.2.5 Paper
4.1.2.6 Wax
4.1.2.7 Other Materials

4.1.3 Services & Software

4.2 By Application

4.2.1 Surgical Guides
4.2.1.1 Dental Guides
4.2.1.2 Craniomaxillofacial Guides
4.2.1.3 Orthopedic Guides
4.2.1.4 Spinal Guides

4.2.2 Surgical Instruments
4.2.2.1 Surgical Fasteners
4.2.2.2 Scalpels
4.2.2.3 Retractors

4.2.3 Standard Prosthetics & Implants

4.2.4 Custom Prosthetics & Implants
4.2.4.1 Orthopedic Implants
4.2.4.2 Dental Prosthetics & Implants
4.2.4.3 Craniomaxillofacial Implants

4.2.5 Tissue-engineered Products
4.2.5.1 Bone & Cartilage Scaffolds
4.2.5.2 Ligament & Tendon Scaffolds

4.2.6 Hearing Aids

4.2.7 Wearable Medical Devices

4.2.8 Other Applications

4.3 By Technology

4.3.1 Laser Beam Melting
4.3.1.1 Direct Metal Laser Sintering
4.3.1.2 Selective Laser Sintering
4.3.1.3 Selective Laser Melting
4.3.1.4 LaserCUSING

4.3.2 Photopolymerization
4.3.2.1 Digital Light Processing
4.3.2.2 Stereolithography
4.3.2.3 Two-photon Polymerization
4.3.2.4 PolyJet 3D Printing

4.3.3 Droplet Deposition/Extrusion-based Technologies
4.3.3.1 Fused Deposition Modeling
4.3.3.2 Multiphase Jet Solidification
4.3.3.3 Low-temperature Deposition Manufacturing
4.3.3.4 Microextrusion Bioprinting

4.3.4 Electron Beam Melting

4.3.5 Three-dimensional Printing/Adhesion Bonding/Binder Jetting

4.3.6 Other Technologies

4.4 By End User
4.4.1 Hospitals & Surgical Centers
4.4.2 Dental & Orthopedic Clinics
4.4.3 Academic Institutions & Research Laboratories
4.4.4 Pharma-Biotech & Medical Device Companies
4.4.5 Clinical Research Organizations

5. Kenya 3D Printing Medical Devices Market
5.1 Market Analysis, Insights, and Forecast – By Revenue

6. Competitive Landscape
6.1 Major Top Market Players

7. Key Company Profiles

7.1 Company 1
7.1.1 Overview
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives

7.2 Company 2
7.2.1 Overview
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives

7.3 Company 3
7.3.1 Overview
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives

7.4 Company 4
7.4.1 Overview
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives

7.5 Company 5
7.5.1 Overview
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives     

8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Kenya
8.2 Regulatory Framework in Kenya
8.3 Pricing & Reimbursement Scenario in Kenya 3D Printing Medical Devices Market

9. Factors Driving Future Growth
9.1 New Trends and Development Kenya 3D Printing Medical Devices Market
9.2 Future Opportunities

10. Strategic Recommendations

3D Printing Medical Devices Market Segmentation

By Component (Revenue, USD Billion):

The 3D Printing Medical Devices market is divided into equipment, materials, and software & services depending on the component. In 2020, the market for 3D printed medical devices was dominated by software and services. During the forecast period, the cost-effectiveness, utility, uniformity, and accuracy provided by services for medical device 3D printing are anticipated to drive the segment's expansion.

  • Equipment
    • 3D Printers
    • 3D Bioprinters
  • Materials
  • Plastics
    • Thermoplastics
    • Photopolymers
  • Metals and Metal Alloys
  • Biomaterials
  • Ceramics
  • Paper
  • Wax
  • Other Materials
  • Services & Software

By Application (Revenue, USD Billion):

The market for 3D-printed medical devices is divided into wearable/implantable medical devices, other medical devices, standard prosthetics and implants, custom prosthetics and implants, tissue-engineered goods, surgical guides, and surgical tools based on the application. In 2020, the custom prosthetics and implants market sector held a greater market share. Biological materials (such skin and bones), plastics, ceramics, and metals are just a few of the materials that may be used to create highly customizable prosthetics and implants using 3D printing. The development of this market sector is anticipated to be fueled by 3D printing of custom implants, which is drawing in new investors and medical device businesses.

  • Surgical Guides
    • Dental Guides
    • Craniomaxillofacial Guides
    • Orthopedic Guides
    • Spinal Guides
  • Surgical Instruments
  • Surgical Fasteners
  • Scalpels
  • Retractors
  • Standard Prosthetics & Implants
  • Orthopedic Implants
  • Dental Prosthetics & Implants
  • Craniomaxillofacial Implants
  • Bone & Cartilage Scaffolds
  • Ligament & Tendon Scaffolds
  • Custom Prosthetics & Implants
  • Tissue-engineered Products
  • Hearing Aids
  • Wearable Medical Devices
  • Other Applications

By Technology (Revenue, USD Billion):

The market for 3D printing medical devices has been divided into various technological categories, including electron beam melting (EBM), laser beam melting (LBM), photopolymerization, droplet deposition or extrusion-based technologies, three-dimensional printing (3DP) or adhesion bonding, and others. The segment of these that accounted for the biggest market share in 2020 was laser beam melting (LBM). The significant market share of this sector is linked to the technology's expanding use in the dentistry sector and in the production of implants for minimally invasive surgery.

  • Laser Beam Melting
    • Direct Metal Laser Sintering
    • Selective Laser Sintering
    • Selective Laser Melting
    • LaserCUSING
  • Photopolymerization
  • Digital Light Processing
  • Stereolithography
  • Two-photon Polymerization
  • PolyJet 3D Printing
  • Fused Deposition Modeling
  • Multiphase Jet Solidification
  • Low-temperature Deposition Manufacturing
  • Microextrusion Bioprinting
  • Droplet Deposition/Extrusion-based Technologies
  • Electron Beam Melting
  • Three-dimensional Printing/Adhesion Bonding/Binder Jetting
  • Other Technologies

By End User (Revenue, USD Billion):

Hospitals and surgical centers, dentistry and orthopaedic clinics, academic institutions & research laboratories, pharma-biotech & medical device firms, and clinical research organizations make up the different end-user segments of the 3D printing medical devices market. The sector of hospitals and surgical centers held the biggest market share in 2020. The significant market share of this sector can be due to the increased uptake of cutting-edge medical technology by hospitals, the expansion of existing 3D printing facilities, and the rising affordability of 3D printing services.

  • Hospitals & Surgical Centers
  • Dental & Orthopedic Clinics
  • Academic Institutions & Research Laboratories
  • Pharma-Biotech & Medical Device Companies
  • Clinical Research Organizations

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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This report addresses

  • Intelligent insights to take informed business decisions
  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
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Last updated on: 27 March 2023

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