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Medical Devices

The 3D Printing Medical Devices market is projected to reach USD 5.1 billion by 2026 from USD 2.4 billion in 2021, at a CAGR of 16.3%

during the forecast period. Growth of the market is mainly attributed to technological advancements; growing public and private investments and funding are…

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New York, June 08, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “3D Printing Medical Devices Market by Component, Technology, Application, User – Global Forecast to 2026” – https://www.reportlinker.com/p05083039/?utm_source=GNW
However, complex regulatory frameworks that delay the approval of new 3D Printing Medical Devices is expected to challenge market growth to a certain extent.

In terms of component, software & services segment to register significant growth during the forecast period.
Based on the component, the 3D printing medical devices market is segmented equipment, materials, and software & services. Materials include plastics and biocompatible resins, polymers, metals and metal alloys, ceramics, wax, and other biomaterials. 3D printing medical device vendors are gaining significant profits from services when compared to the sales of printers and materials. In order to sustain in this highly competitive market, several vendors offer pay-as-you-go subscription services. Thus rising number of 3D printing service provider have led to the growth of Software and services segment.

In terms application, customizable prosthetics and implants segment to register significant growth during the forecast period.
Based on the application, the 3D Printing Medical Devices market is segmented into surgical guides, surgical instruments, standard prosthetics and implants, custom prosthetics and implants, tissue-engineered products, hearing aids, wearable medical devices/implantable medical devices, and other medical devices.The customizable prosthetics and implants segment accounted for a larger share in the market in 2020.

The use of 3D printing in CMF implants is increasing in the medical and dental fields.Using this technology, bioresorbable and small plates and screws are fixed, which help maintain the 3D shape of the bone in the craniofacial skeleton.

These implants can be manufactured quickly and cost-effectively, and are sterilizable.

Laser beam melting (LBM) segment is expected to account for the largest share of the 3D Printing Medical Devices market, by the architecture” `
On the basis of technology, the 3D Printing Medical Devices market has been segmented into electron beam melting (EBM), laser beam melting (LBM), photopolymerization, droplet deposition or extrusion-based technologies, three-dimensional printing (3DP) or adhesion bonding, and other technologies.The LBM market is further segmented into direct metal laser sintering (DMLS), selective laser melting (SLM), selective laser sintering (SLS), and LaserCUSING.

LBM is the most commonly used technology for the manufacture of metal and plastic parts, such as small-sized prosthetics or implants, surgical instruments, and porous scaffolds in tissue engineering. It is the best-suited technology for the production of small parts, such as dental copings and hybrid parts of machines for minimally invasive surgery, due to its high accuracy. The growth of this segment is attributed to suitability for a wide range of materials available for 3D printing, and it does not require post-processing of materials

Asia Pacific market is expected to grow at the highest CAGR during the forecast period.
The Asia Pacific market is estimated to grow at the highest CAGR during the forecast period majorly due to growth of 3D printing service providers and favourable investments scenario and evolving healthcare infrastructure in China, Japan, and India

A breakdown of the primary participants referred to for this report is provided below:
• By Company Type: Tier 1–48%, Tier 2–36%, and Tier 3– 16%
• By Designation: C-level–10%, Director-level–14%, and Others–76%
• By Region: North America–40%, Europe–32%, Asia Pacific–20%, Latin America–5%, and the Middle East & Africa–3%

Some of the prominent players in the 3D Printing Medical Devices market include Stratasys Ltd. (US & Israel), 3D Systems Corporation (US), GE Additive (US), Materialise NV (Belgium), Renishaw plc (UK), SLM Solutions Group AG (Germany), Desktop Metal, Inc. (US), Prodways Group (France), Carbon, Inc. (US), CELLINK (Sweden), Organovo Holdings, Inc. (US), EOS (Electro Optical Systems) GmbH (Germany), Biomedical Modeling, Inc. (US), Formlabs, Inc. (US), 3T Additive Manufacturing Ltd. (UK), DENTSPLY Sirona, Inc. (US), DWS Systems SRL (Italy), Roland DG (Japan), HP, Inc. (US), and regenHU (Switzerland) among others.

Research Coverage
This report studies the 3D Printing Medical Devices market based on component, application, technology, end user and region.It also covers the factors affecting market growth, analyzes the various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders.

Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).

Reasons to Buy the Report
The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.

This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios offered by the top players in the 3D Printing Medical Devices market
• Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the 3D Printing Medical Devices market
• Market Development: Comprehensive information on lucrative emerging regions
• Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the 3D Printing Medical Devices market
• Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.
Read the full report: https://www.reportlinker.com/p05083039/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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Source: https://www.globenewswire.com/news-release/2021/06/08/2243856/0/en/The-3D-Printing-Medical-Devices-market-is-projected-to-reach-USD-5-1-billion-by-2026-from-USD-2-4-billion-in-2021-at-a-CAGR-of-16-3.html

Medical Devices

Medical Devices Regulation – Applicable from Today

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Medical Devices Regulation – Applicable from Today

Amidst much anticipation, the Medical Devices Regulation becomes fully applicable across the EU from today, 26 May 2021. These Regulations represent a long-awaited strengthening of the European regulatory system for medical devices.

Amidst much anticipation, the Medical Devices Regulation becomes fully applicable across the EU from today, 26 May 2021. These Regulations represent a long-awaited strengthening of the European regulatory system for medical devices.

Our team of regulatory experts have examined various aspects of the new regulatory framework. Click the following links to view our briefings:

If you require further information on any aspect of the MDR, please contact Charleen O’Keeffe or Laura Scott.

MDR Countdown – 1 Month. European Commission Updates its Rolling Plan

Source: https://www.williamfry.com/newsandinsights/news-article/2021/05/26/medical-devices-regulation-applicable-from-today

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Medical Devices

Let’s Talk Interactive’s Rugged Telehealth Kits Deliver On-the-Spot Medical Care in a Disaster Zone

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TMCNet:  Let's Talk Interactive's Rugged Telehealth Kits Deliver On-the-Spot Medical Care in a Disaster Zone

CHARLOTTE, N.C., May 18, 2021 /PRNewswire/ — Hurricane season starts June 1, and all six pre-season forecasts to date predict an above-average season in 2021 with a nearly 70% chance of a major hurricane landfall along the United States coastline. Let’s Talk Interactive, Inc., a leader in customizable telehealth software and solutions, is helping emergency services organizations respond to hurricanes and other disasters with field-ready telehealth kits that can connect victims and first responders with doctors and other medical experts.

Let’s Talk Interactive (LTI) provides HIPAA-compliant telehealth software and hardware to healthcare facilities and physicians nationwide. Emergency services providers — honored this week in the United States during National EMS Week — use LTI’s solar-powered, field-ready telehealth kits as their mobile triage kit.

“Anything can happen during hurricane season, and the pandemic adds another layer of complexity to an already difficult situation,” says Arthur Cooksey, chief executive officer of LTI. “Our mobile kits were designed to be rugged, allowing emergency responders and disaster teams to provide on-the-spot medical care, right in the heart of a disaster zone if necessary.”

Deployed by many federal and state-run agencies worldwide, the mobile telehealth kits are equipped with battery backu and solar power, featuring a wide array of remote communications capabilities. They are equipped with a cradlepoint™ modem with built-in mobile hotspot, allowing users to conduct stable video conferencing over 4G and 3G networks; users can drop in a SIM card and be connected to cellular networks immediately or connect through ethernet or wireless modem.

LTI’s Rugged Telehealth Kit can host a wide variety of devices for bio-analytics to include, but not limited to:

  • EKG
  • Blood Pressure
  • Thermometer
  • Pulse Oximeter
  • Digital Stethoscope
  • Otoscope
  • Dermascope
  • General Exam Camera

Telehealth kits are on the Federal Emergency Management Association’s Authorized Equipment List of items that can be purchased through the agency’s preparedness grant program. The Florida Division of Emergency Management Services and several Native American tribal organizations have already implemented the kits. LTI markets the kits year-round to allow emergency services agencies to prepare in advance.

About Let’s Talk Interactive, Inc.
Let’s Talk Interactive, Inc. is a complete end-to-end Telehealth solutions provider and recipient of Zoom Video Communications, Inc’s global inaugural Trailblazer Award. LTI arms medical and behavioral health professionals with cutting-edge Health Insurance Portability Accountability Act (HIPAA) video conferencing software, kiosks and medical carts, network solutions, virtual clinics, and proprietary safe and secure online video conferencing capabilities while giving those in need instant access to care through its innovative technology platform. For more information about LTI, visit https://letstalkinteractive.com.

Media Contact
Alexis quintal
alexis@newswire.com

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SOURCE Let’s Talk Interactive

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  • EKG
  • Blood Pressure
  • Thermometer
  • Pulse Oximeter
  • Digital Stethoscope
  • Otoscope
  • Dermascope
  • General Exam Camera

Source: https://www.mobilitytechzone.com/broadband-stimulus/news/2021/05/18/9371436.htm

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Medical Devices

Medical Device Manufacturer Brings New Grocery Store To An Indianapolis Food Desert

Cook Medical s teaming up with community groups to create a grocery store in an Indianapolis neighborhood designated as a food desert.

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area residents and entrepreneurs, Michael McFarland and Marckus Williams. – Farah Yousry/Side Effects Public Media”>

Indy Fresh Market’s operations will be handled by two young area residents and entrepreneurs, Michael McFarland and Marckus Williams. - Farah Yousry/Side Effects Public Media

Indy Fresh Market’s operations will be handled by two young area residents and entrepreneurs, Michael McFarland and Marckus Williams.

Farah Yousry/Side Effects Public Media

A medical device company is teaming up with community groups to create a grocery store in an Indianapolis neighborhood designated as a food desert.

Cook Medical, a medical device manufacturer, will build a grocery store and IMPACT Central Indiana, Goodwill of Central & Southern Indiana and a number of other local organizations will provide capital and inventory for the store.

Cook Medical president Pete Yonkman said the store — Indy Fresh Market — will be next to a manufacturing facility being planned in the same area. The store’s soft opening is set for May 2022.

“We understand that we have a responsibility to not only make this project a success, but to create a model that can be leveraged for future investment and future neighborhoods,” Yonkman said to an audience during an announcement ceremony at the Avondale YMCA. “Because there are more food deserts out here.”

The store will be at 38th Street and Sheridan Avenue, an area where several groceries have shut down leaving nearby neighborhoods with limited access to food options.

Indy Fresh Market’s operations will be handled by two young area residents and entrepreneurs, Michael McFarland and Marckus Williams, through a rent-to-own model with the plan that they will own 100 percent of the store within a few years.

They will receive college courses at Martin University and apprentice at a local Safeway to prepare them to operate the 14,000-square-foot grocery store.

The young entrepreneurs have lived in the northeast side community and saw it change.

“There were grocery stores everywhere. There were three or four grocery stores in the neighborhood, at least, you know, and now they’re zero,” McFarland said. “You know, so you have to drive at least three, four miles just to get a loaf of bread. That’s crazy to me.”

McFarland said that their vested interest and belonging to the community will be key factors in sustaining this grocery store and keeping its doors open for community members.

A SAVI study commissioned by Side Effects shows that 16 percent of Marion County residents live in food deserts — defined by the USDA as areas with low access to healthy food and low income. Over a quarter of Black Hoosiers live in food deserts.

Data also shows that as of 2019, over 40 percent of Marion County lives in a pedestrian food desert, including over 60 percent of households without cars. Also 236,000 people live in transit food deserts, including 10,500 households without cars. According to Indy Fresh Market developers, this further highlights the importance of having nearby grocery stores in this northeast indianapolis neighborhood.

Gov. Eric Holcomb said this project will address a critical need for healthier and accessible food options. It will also generate jobs, employing area residents at the grocery store and the medical device manufacturing facility.

“When I think about the improvements that will be sure to come — you talk about improving equity, you talk about improving public health, public health outcomes,” Holcomb said. “These are some of our greatest challenges. But it’s going to start here. Right in this neighborhood.”

This story was produced by Side Effects Public Media, a news collaborative based at WFYI covering public health.

live in food deserts

Source: https://www.wfyi.org/news/articles/medical-device-manufacturer-brings-new-grocery-store-to-an-indianapolis-food-desert

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