3D Printing Gaining Popularity: 3 MedTech Stocks To Watch
Zacks Investment Research | Sep 12, 2019 09:00PM ET
With substantial investment and time, three-dimensional (3D) printing, which was once imaginable only in realms of science fiction, has well and truly become a reality. 3D printing, which refers to a number of manufacturing technologies generating a physical model from digital transformation, is essentially an additive technique. This technology holds huge potential for the pharmaceutical and medical companies, as it will allow these companies to create more specific drugs and enable rapid production of medical implants.
Let’s take a look at how 3D printing is shaping the MedTech space, while making it a lucrative sector for investors looking for long-term gains.
How is 3D Printing Changing the Game in MedTech?
In recent times, 3D anatomical models – tailored to a patient’s specific needs – are gaining prominence as useful tools in the present day practice of precision medicine and personalized treatments.
Although 3D printing is still under development, it has been implemented in countless innovative ways in the medical space that stands to gain significantly from this technology. In the near future, there is a probability of 3D-printed implantable organs becoming a reality, thereby lowering the waiting lists and increasing the number of lives saved.
No doubt, 3D printing has garnered a positive response from the companies in the MedTech space within healthcare. Per a report by Zacks Investment Research
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