Increased Demand for 3D Printed Medical Device Products

3D printed medical device products are very high-end devices that are engaged in the process of utilizing digital models to develop a three-dimensional object.In the healthcare industry, many academic institutes make use of this technology for patient-specific treatment.The key 3D printed medical devices companies are working on strategies that would increase their market share. 
  
In terms of income, the global 3D print medical device and equipment market is expected to grow at a compound annual growth rate of 17.7% during the forecast period, which is expected to reach $1.4694 billion by the end of 2026. (Source: Future Market Insights, 2016)The key companies of 3D printed medical devices in the global 3D Systems, Inc., Arcam AB, Stratasys Ltd., FabRx Ltd., EOS GmbH Electro Optical Systems, EnvisionTEC, Cyfuse Biomedical K.K., and Bio3D Technologies taking innovative creating a successful strategic plan to increase their consumer base. 
Reasons 3D printing medical devices will have a foothold in the healthcare industry 
  
Applications of 3D Printing Medical Device Products
3D printing technology was used for the rapid manufacture of medical models in the begging.With remarkably the development of 3D printing technology, it is used to develop medical devices such as dental implants, orthopedic implants, complex surgical instruments, customized artificial joints, customized surgical consumables and hearing aids. Furthermore, hospitals and academic institutes need various 3D Printed models for training purposes. 
  
Unique Features of 3D Printed Medical Devices 
3D printing technology not just creates copies of the same device, but makes it easy for designers to make more patient-matched devices without additional tools.The flexibility of 3D printing enables 3D printing medical devices matched to a specific patient with very complex internal structures. 
  
There is no unified standard for 3D printed medical devices.FDA still regulates 3D printed medical devices in the same way as traditional medical device products. According to its various applications in the medical industry and its unique features, 3D printed medical devices will certainly have great prospects fit in the future. 
Source:http://medicaldeviceandequipment.33236.n8.nabble.com/Increased-Demand-for-3D-Printed-Medical-Device-Products-td12.html

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