Saudi Arabia 3d Bioprinting Market Size & Outlook
Saudi Arabia 3d bioprinting market, 2018-2030 (US$M)
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Saudi Arabia 3d bioprinting market highlights
- The Saudi Arabia 3d bioprinting market generated a revenue of USD 26.2 million in 2023 and is expected to reach USD 72.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 15.6% from 2024 to 2030.
- In terms of segment, medical was the largest revenue generating application in 2023.
- Dental is the most lucrative application segment registering the fastest growth during the forecast period.
3d bioprinting market data book summary
| Market revenue in 2023 | USD 26.2 million |
| Market revenue in 2030 | USD 72.4 million |
| Growth rate | 15.6% (CAGR from 2023 to 2030) |
| Largest segment | Medical |
| Fastest growing segment | Dental |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dental, Medical, Biosensors, Consumer/Personal Product Testing, Bioinks, Food and Animal Product |
| Key market players worldwide | EnvisionTEC, Organovo Holdings Inc, 3D Systems Corp, Inventia Life, Poietis, Vivax Bio, Cyfuse Biomedical, Cellink, Regemat 3D |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global 3d bioprinting market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia 3d bioprinting market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 72.4 million by 2030.
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3D Bioprinting Market Scope
3D Bioprinting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 3d bioprinting 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 bioprinting market will help companies and investors design strategic landscapes.
Medical was the largest segment with a revenue share of 38.55% in 2023. Horizon Databook has segmented the Saudi Arabia 3d bioprinting market based on dental, medical, biosensors, consumer/personal product testing, bioinks, food and animal product covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is pivotal in the Gulf Cooperation Council (GCC) countries' healthcare expenditures, contributing 60% of the total investment. This underscores the firm commitment of the Saudi Arabian Government to prioritize healthcare. In 2022, the government allotted USD 36.8 billion for healthcare & social development, constituting 14.4% of its 2022 budget.
Moreover, Saudi Arabia's vision for 2030 is its Health Sector Transformation Program, which seeks to overhaul the healthcare sector into a comprehensive, efficient, and seamlessly integrated system. The core tenets of these transformative reforms revolve around enhancing the accessibility of healthcare services, expanding the deployment of e-health services & digital solutions, and elevating the overall quality of healthcare offerings.
The specific objectives for enhancing service quality and accessibility will center on optimizing coverage, including geographical expansion, facilitated by the increased utilization of e-health services & digital solutions. In addition to these healthcare advancements, Saudi Arabia is actively exploring the growing 3D bioprinting market and the key driving factors behind its growth & innovation.
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Target buyers of Saudi Arabia 3d bioprinting market databook
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Our clientele includes a mix of 3d bioprinting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia 3d bioprinting market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia 3d bioprinting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia 3d bioprinting market size, by application, 2018-2030 (US$M)
Saudi Arabia 3D Bioprinting Market Outlook Share, 2023 & 2030 (US$M)
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