IDTechEx predicts 3D-printed medical devices to reach $6.1 billion in 2019
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Last Update: 2020-06-02
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Source: Internet
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Author: User
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Pharmaceuticals.com, Aug20 (UPI) -- IDTechEx, a market intelligence and campaign company focused on emerging technologies, reports that the 3D printed medical device and pharmaceutical market will be worth $6.1 billion by 2029IDTechEx found that this would be a fast-growing market, with compound annual growth rates of up to 18% in some submarketsas IDTechEx has previously reported, 3D printing is upsetting the way we offer personalized careIDTechEx describes the hearing aid industry as an industry that has been transformed by 3D printing technology -- the digital precision that 3D printing brings can improve patient comfort while reducing product manufacturing timeIn this article, we focus on more examples of how 3D printing can disrupt themedical deviceindustry3Dprint creates invisible braces
3D printing in dentistry is one of the high-growth markets, one of the most famous dental products manufactured by 3D printing is the Invisalign transparent orthodontic orthodontic orthodonticsThese devices are manufactured by Align Technology using 3D Systems' ProX SLA printerInvisalign products are designed in a beautiful way, especially for adult patients who want to maximize the blocking of orthodonticsIn addition, as a movable device, patients have no difficulty eating and oral hygiene issues can be simplifiedWhile these devices may not be suitable to support the treatment of each patient, they have been used to treat nearly 6 million patients worldwideMany competitors are now looking to profit from this expanding market 3D print sits supporting affordable repair procedures for children in growth and development
an exciting new campaign
using 3D printing to children for affordable repair surgery Traditional prosthetics, which cost between $5,000 and $50,000, pose financial challenges for parents, who undergo a new repair every few months Charities like e-NABLE now use 3D printing to create hands and arms from open source designs to help ease the financial burden on parents around the world Repair surgery is not only affordable, but also has a shorter time from order to delivery for 3D printing compared to the lengthy customization process of traditional repair surgery While this application has a limited contribution to the overall market value, there is still a great deal of demand in the field of repair surgery that has not yet been met, and 3D technology can provide solutions to this
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