Jul 27
2018
3D-Printing to Disrupt Medical Implants Industry: Venturing into Robotics and Bioprinting
3D-Printing to Disrupt Medical Implants
Industry: Venturing into Robotics and Bioprinting
Growth
trajectory of the 3D printing industry has remained excellent in the past
decade. And the implementation of 3D printing technology in healthcare has
invited the most exciting avenues in the world of medicine. Medical technology
which is often expensive at the time of market entry becomes cheaper over time.
But 3D printing in medicine has started to revolutionize the field, especially
with the rapidly declining cost of 3D printing and increased accessibility of
the technology.
It is the
technology of 3D-printing which makes the 3D-printed solutions cost-effective.
Albeit considerably costlier than existing implant solutions in healthcare, the
precision of end-product is what ensures the success of the 3D-printing medical
devices. As designed from the thoroughly analyzed digital model, 3D implants
leave no room for error as compared to the traditional techniques which usually
require additional processing adding waste and extraction costs.
With
enhanced precision, 3D printed medical implants such as orthopedic and dental
implants including those that are difficult-to-treat have witnessed an
impressive success rate in the past half of the decade. In line with this,
Fact.MR’s market study has estimated sales of medical implant segment to reach
over US$ 500 million in 2017 and will continue to dominate the market with over
two-fold sales.
Customization
like any other industry is the current trend in medical implants market.
Advances in 3D printers, materials and other technology have enabled
manufacturers to design and deliver custom-made, high-resolution 3D-printed
implants on patient demand. In Orthodontics, digital dentistry based on the 3D
system has transformed dentists’ service to patients. Starting from designing
common dental casting to metal bridges, dental crowns, and other dental
implants, 3D printing has made dental implant surgeries better, faster, and
cost-effective.
Minimally
invasive robotic-assisted surgeries are enhancing the efficiency of 3D printed
medical implant procedures. With the increasing adoption of robotics in 3D
printed implant procedures, rising FDA approvals, and high patient outcomes,
the purported growth of the 3D-printing medical devices market at an impressive
CAGR of 14.4% during 2017 – 2022 seems most credible.
Next generation
of medical 3D printing is set to venture into a combination of 3D bioprinting
and tissue engineering to revolutionize healthcare in the field of organ
transplantation.
The insights presented here are from
a research study on 3D-Printing Medical Devices Market by Fact.MR.
https://www.factmr.com/report/248/3d-printing-medical-devices-market