Saudi Arabia 3D Printed Wearables Market Size & Outlook
- MedTech
- 3D Bioprinting
- 3D Printed Wearables Market Outlook
- 3D Bioprinting
Saudi Arabia 3D Printed Wearables Market, 2018-2030 (US$M)
Global Market
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Saudi Arabia 3d printed wearables market highlights
- The Saudi Arabia 3d printed wearables market generated a revenue of USD 50.6 million in 2023 and is expected to reach USD 72.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, prosthetics was the largest revenue generating product in 2023.
- Orthopedic Implants is the most lucrative product segment registering the fastest growth during the forecast period.
3d printed wearables market data book summary
| Market revenue in 2023 | USD 50.6 million |
| Market revenue in 2030 | USD 72.1 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Prosthetics |
| Fastest growing segment | Orthopedic Implants |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prosthetics, Orthopedic Implants, Surgical Instruments, Smart Watches, Fitness Trackers |
| Key market players worldwide | 3D Systems Corp, Stratasys Ltd, Portland General Electric Co, Koninklijke Philips NV, OMRON Corp, EnvisionTEC, Cyfuse Biomedical, Zephyr Technologies, Everist Health |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.3% of the global 3d printed wearables market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE 3d printed wearables market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 55.3 million by 2030.
3D printers have already been extensively used in the field of construction. For instance, the world’s largest 3D printer was ordered in the Saudi Arabia and an agreement signed with Win Sun to construct 1.5 million houses in the Kingdom, using 3D printing method.
In addition, the application of 3D printing is expected to increase in the field of healthcare. This can be attributed to the increasing prevalence of diabetes, because the rate of limb amputation due to this condition has increased significantly over the years.
According to International Diabetes Federation, the prevalence of diabetes in the country was 18.5% in 2017, with 3.85 million diabetic adults. This is expected to increase the demand for prosthetics, which in turn is expected to drive the overall market growth during the forecast period.
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3D Printed Wearables Market Scope
3D Printed Wearables Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| OMRON Corp | View profile | 28,034 | Shiokoji Horikawa, Shimogyo-ku, Kyoto, Japan, 600-8530 | www.omron.co.jp |
| Portland General Electric Co | View profile | 2,842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | www.portlandgeneral.com |
| 3D Systems Corp | View profile | 2,032 | 333 Three D Systems Circle, Rock Hill, SC, United States, 29730 | www.3dsystems.com |
| Stratasys Ltd | View profile | 1,980 | c/o Stratasys, Inc, 7665 Commerce Way, Eden Prairie, MN, United States, 55344 | www.stratasys.com |
| EnvisionTEC | View profile | 51-100 | Dearborn, Michigan, United States, North America | envisiontec.com |
| Cyfuse Biomedical | View profile | 1-10 | Tokyo, Tokyo, Japan, Asia | www.cyfusebio.com |
| Zephyr Technologies | View profile | 11-50 | Kochi, Kerala, India, Asia | www.zephyrtechnologies.co |
| Everist Health | View profile | 11-50 | Ann Arbor, Michigan, United States, North America | everisthealth.com |
Saudi Arabia 3D Printed Wearables Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 3D Printed Wearables Market Outlook will help companies and investors design strategic landscapes.
Prosthetics was the largest segment with a revenue share of 34.78% in 2023.
Horizon Databook has segmented the Saudi Arabia 3d printed wearables market based on prosthetics, orthopedic implants, surgical instruments, smart watches, fitness trackers covering the revenue growth of each sub-segment from 2018 to 2030.
3D printers have already been extensively used in the field of construction. For instance, the world’s largest 3D printer was ordered in the Saudi Arabia and an agreement signed with Win Sun to construct 1.5 million houses in the Kingdom, using 3D printing method.
In addition, the application of 3D printing is expected to increase in the field of healthcare. This can be attributed to the increasing prevalence of diabetes, because the rate of limb amputation due to this condition has increased significantly over the years.
According to International Diabetes Federation, the prevalence of diabetes in the country was 18.5% in 2017, with 3.85 million diabetic adults. This is expected to increase the demand for prosthetics, which in turn is expected to drive the overall market growth during the forecast period.
- Saudi Arabia 3D Printed Wearables Market Product Outlook (Revenue, USD Million , 2018-2030)
- Prosthetics
- Orthopedic Implants
- Surgical Instruments
- Smart Watches
- Fitness Trackers
- Saudi Arabia 3D Printed Wearables Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Hospital
- Pharma and Biotech companies
- Academic Institutes
- Others (medical and surgical centers)
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia 3D Printed Wearables Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia 3D Printed Wearables Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia 3D Printed Wearables Market, 2018-2030 (US$M)
Saudi Arabia 3d printed wearables market statistics, by product, 2018-2030 (US$M)
