Innovations in Sensors and 3D Printing Play Major Roles in Development for Orthopedic Implants

Orthopedic implants are devices that are essential to modern treatments for ailments related to the musculoskeletal systems of the human body. Implants can help a lot in terms of improving the patient’s mobility, boosting overall quality of life, and increasing the effectiveness of pain relief, following medical procedures.

Orthopedic implant manufacturers from around the world are focusing their efforts on the implementation of new technologies. These improvements has increased the demand for such devices from health care organizations and patients. Some of the essential factors that manufacturers have to focus on is the improvements for comfort, convenience, and safety, without affecting costs which is essential to gain an edge over the competition.

In addition, patients are also becoming well informed about the availability of new and innovative products in the industry, which is having an impact on research and development in the field. Consequently, manufacturers invest more into the upgrades, and will create opportunities for market participants.

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Tech Advancements Sustain Growth of Industry

While the orthopedic implants industry is projected to growth with a strong CAGR of ~6.5 per cent. Market players and governments have been promoting awareness campaigns, which result in better rates of admissions, and indirect growth of implant adoption.

Apart from the growing number of the elderly, medical innovations are also key to the growth of the industry. Poor lifestyles including lack of exercise, degenerative bone diseases, and obesity drive demand for orthopedic implants.
Customized implants are growing with the rising demand and the capabilities of 3D printing technologies. This factor has had a substantial impact on bolstering market reach and product penetration. This can be attributed to reduction in cost for surgery and long term stability achieved through 3D printed products. In addition, 3D printing also helps to improve on the integration between the metal and the bone.

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Sensor innovations are also projected to grow rapidly in the orthopedic implant industry. Sensors provide healthcare professionals with real time data, which aids in evaluations after the operations, in addition to the positioning of the implants. Robotic devices are also gaining traction for the market. However, prohibitive costs could restrain fast adoption of such devices on the whole.

Changes in Imaging Techniques Helps in Increased Acceptance

The global healthcare industry is rapidly transitioning from conventional invasive surgeries to minimal or non-invasive treatments to deal with disabilities or orthopedic diseases, which positively impacts the growth of the orthopedic implants for the market.

In addition, the increased rates of customization and novel implant designs and materials help in the implementation of new assistive imaging techniques, which can include computed tomography and resonance imaging among others.

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The imaging techniques which are now being used for the generation of surgical designs, in addition to the advent of robot assisted tools, have boosted the acceptance of implants by patients. In addition, the widespread use of bone grafts for applications including oncology, spine surgery, and traumatology will also aid in the sales of orthopedic implants in the years ahead.