3D Printing Improves Healthcare in Drug Creation and Surgery Planning

A popular research firm has forecasted a 10.0% of the people living in the developed world to have 3D-printed items in or on their bodies by 2019. Furthermore, over a third of surgical procedures incorporating the use of implanted devices and prosthetics could involve 3D printing as a central tool. Another research company has estimated the 3D printing market to grow from a US$0.66 bn in 2016 to a US$1.21 bn by 2020. 3D printing in healthcare has been prognosticated to bear a transformative impact of the cloud or the World Wide Web. Besides organ models, 3D printers could be engaged in healthcare to produce human skin, drugs, prosthetics, hearing aids, and medical and dental implants.

3D Printing Now More Cost-efficient, Faster, and of Higher Quality

Mayo Clinic has arranged onsite printing laboratories in association with 3D printer makers such as Formlabs, 3D Systems, and Stratasys. Even Johnson & Johnson and General Electric Co. have dived into the trend of 3D printing. J&J has been focusing on a broad scope of materials that could be employed as an ink to print custom-made objects. GE, on the other hand, has been looking to translate images into 3D objects and focus on 3D printers.

Industrial 3D printers engaged by hospitals could be priced between a US$10,000 to US$400,000. Moreover, the hidden cost of operating 3D printers is prophesied to hinder the growth of the market. However, there could be valuable cost savings in other areas such as significant time reduction during surgeries, less waste and fewer middlemen in the supply chain, and no need for replacements due to the customized nature of implants created from 3D printers.

Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

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