Plastopedia

Sun09232018

Last update11:21:51 PM

Font Size

Profile

Menu Style

Cpanel

Subscribe Weekly Newsletter

Enter your email address:


Back Plastic News Production facility Medtech in 2014 and beyond

Medtech in 2014 and beyond

  • PDF
It has been a tumultuous year for the medical technology industry, as it struggles to adapt to a changing business landscape while continuing to advance innovation within strict regulatory guidelines. That dynamic will continue in 2014 and beyond. Here is an admittedly ad hoc selection of areas of interest for the medtech sector. This list is by no means exhaustive or authoritative--feel free to add your comments and perspectives on the year ahead.  
 
The 3D printing revolution
 
The pace of change in the medical device industry has been called glacial, so it is somewhat surprising to see how fast 3D printing, also called additive manufacturing, has made its mark. Part of the reason is the sheer immensity of what the technology can accomplish, from printing a functioning ear (watch the video) to fabricating a windpipe (and saving an infant's life in the process), all of which happened in 2013. Its potential is only limited by the regulatory strictures that seek to ensure the safety of devices and, yes, can delay innovation. 
 
In spite of institutional speed bumps, the global 3D printing market for medical applications is expected to grow at a CAGR of 15.4% from 2013 to 2019, according to a report from Transparency Market Research. By the end of that forecast period, medical-related 3D printing is expected to reach a market value of $965.5 million. 
 
The primary opportunities for 3D printing are in the orthopedics and dental sectors, where customization coupled with rapid manufacturing represent significant value to the patient. Thanks to government funding and favorable reimbursement rates, among other factors, the growth rate in Europe for medical 3D printing is expected to outpace the United States, according to the market intelligence firm. 
 

Plastic Material News

Plastic Jobs
Post time: 3 days ago I am a recruiter, like Plastopedia for searching experienced as well as fresher plastic industry candidates.
Author: Megha - Facebook - Twitter
Post time: 3 days ago Hung Dinh Unlimited number of jobs, layout variation, comment system, very nice place for plastic jobs.
Author: Hung Dinh - Facebook - Twitter
 

Product reviews

Plastic Recycling

RecycloAid is helping recyclers homogenize various polymer streams, eliminate moisture, improve gloss and increase their productivity.

Does your film bubble often puncture due to moisture problems like gassing, poor surface finish in films, leakage etc? RecycloAid helps you get rid of moisture problems and gives stable bubbles, excellent surface finish.