Within the 3D printing industry, major developments that have been occurring over the last few years include advancements in bio-printing and customized medical implants. At first these developments had limited effects in the industry. Yet, with time these improvements have matured and expanded across the healthcare industry.
This rapid expansion is due to the increased developments of 3D printing in the medical field, along with the greater healthcare industry showing significant growth other health-related areas such as dental applications and medical implants.
Although medical equipment and applications that contain metal are often times more costly, this expense is expected to drop as this material becomes more commonly used in the field. With demand and supply both on the rise, we can expect metal to decrease in price in the industry’s future.
A major driving force within the medical 3D printing industry is the growing demand for patient-specific products in orthopedics and maxillofacial surgery. Similar to other industries, demand for certain products will create an environment where the cost can decrease while also making said product more common in the industry.
Due to government subsidy programs and medical bio-printing research grants, many healthcare professionals in the industry predict the cost of 3D printing will decrease significantly in the coming years.
Recently, a huge partnership between Johnson & Johnson and HP has revolutionized the various ways in which the healthcare industry has and will operate in the future.
This new partnership’s primary focus is to create what they have titled “more personal healthcare solutions” in terms of personalizing software and products so consumers can receive what they need from a health related perspective based on particular patient needs.
This business collaboration is just the beginning for building the bridge between healthcare and technology to service our everyday health needs with digital tools that already affect other areas of our lives.
This strategic partnership does not only change the future of the healthcare industry in terms of patient-service advancement, but it also underlines how the beginning of how the meaning of 3D printing will be associated with a different kind of advancement.
As this huge pharma and medical device manufacturer continues to improve how their brand approaches healthcare, this is truly only the beginning when it comes to a new, more beneficial way to strengthen the consumer and brand loyalty bond.