The healthcare industry is one of the most vibrant and fast-growing in America. Some of its growth can be traced to 3D printing, which has become a huge field and is revolutionizing the way medicine is practiced.
The 3D Printing Connection
Across all medical specialties, the demand for patient-specific products is increasing. Three-dimensional printing, also called 3D bio-printing, is helping more and more medical professionals meet this demand. It’s used for many treatments, such as forming patient-specific implants or prosthetic limbs. In addition, bio-printing helps manufacture safe medical materials, such as metals, resins, and plastics
As 3D printing becomes more common in the healthcare industry, it may help save lives. It’s already used to generate donor cells, which could revolutionize treatment for patients with certain cancers, blood disorders, and other diseases. Research also indicates bio-printing will be available for transplantable organs and tissues in the next several years. This could eliminate the need for long transplant lists and reduce the time patients wait for donors.
A Booming Industry
In 2014 alone, healthcare-related 3D printing was a $284.7 million industry. The industry is expected to grow at a rate of 19.1% per year until 2020. By that time, 3D printing could be a multibillion dollar industry, especially considering that the price of printed materials is expected to drop across the board.