Thank you for Subscribing to Life Science Review Weekly Brief
Many 3D printed structures can also aid tissue growth or reproduce more complex cavities impossible to achieve using conventional injection molding or extrusion methods.
FREMONT, CA: Additive manufacturing (AM) is transforming a wide range of sectors, and healthcare is no exception. The demand for the 3D printed medical market is forecast to reach 26 billion dollars in the next two years, according to SME. Furthermore, the medical sector already accounts for a 17 percent of the overall AM industry, and this share is forecast to expand as more companies move beyond prototyping.
With 3D Printing, users can assist medical professionals in developing complex designs and geometries, allowing them to better respond to shortened delivery times and financial constraints, and providing functional connectivity — all while providing a more interactive patient care experience than ever before.
One of the most critical areas of growth opportunities in the medical industry is personalized healthcare. Users can appeal to the physiological and functional aspects of individual patients and medical personnel by using 3D printing to personalize items, equipment, and devices. Medical device manufacturers may make medical devices to patients' exact specifications.
Take, for example, customizable cutting guides for knee replacements, which allow surgeons to prepare and operate more quickly while also promoting patient rehabilitation and healing.
Doctors may also use AM to build realistic prototypes that reflect a patient's exact conditions, allowing them to schedule procedures, test various situations, and test pharmaceutical therapies more cost-effectively.
Today's healthcare professionals achieve previously impossible accomplishments, from groundbreaking studies into 3D printed organs and artificial bones to para-athlete prosthetic limbs and beyond. Many 3D printed structures can also aid tissue growth or reproduce more complex cavities impossible to achieve using conventional injection molding or extrusion methods.
One of the most popular roadblocks to the widespread use and implementation of 3D Printing is a failure to consider the technology's overall effect on an organization. Focusing on a single product line or use case will lead to difficulties in scaling the technology to other platforms or innovative business models in the future.
Applying additive manufacturing to a quality system, for example, failing to consider the complete variety of products in the pipeline will result in unforeseen work for the following product's roadmap. Instead, taking a holistic approach to AM allows management to find critical areas where 3D Printing can help enhance operations.