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Category: Global trends
2017 Medical Device Manufacturing Outlook
In 2017 the medical device market must adapt to constant changes in the medical landscape to continue its consistent growth. The demand for more advanced, more personalized treatment; increased availability of healthcare; and an aging population are pushing the market and expanding technologies. These advancements require accelerated design and production to get products to market quickly, efficiently, and cost-effectively.
Rapid Organic Growth Strategies
Rapid business growth (organic) is critical lever for accelerated value creation. Business leaders need to have a clearly defined, articulated mission/vision statement, and high performance team are critically important to achieving and sustaining rapid growth in a business. A robust Business Development Strategy should strike a balance between the following levers along with a favorable customer experience to meet short and long term growth goals.
Composite Based Additive Manufacturing (CBAM)
Impossible Objects LLC, a Chicago-based company, has developed a new manufacturing technology for composites, called Composite-Based Additive Manufacturing (CBAM). This technology can produce Carbon Fiber Reinforced Plastic (CFRP) or Polymer Matrix Composite (PMC) parts. High degree of build flexibility is one of the primary advantage the CBAM technology offers. The process can be used with carbon fiber, fiberglass and Kevlar composite sheet material and a number of high performance thermoplastic matrix materials including HDPE, nylon 6, nylon 12 and PEEK materials.
Renewable power for desalination
Water scarcity challenges across the global are very well known and across the globe a wide variety of innovative approaches are being taken to develop sustainable solutions for clean drinking water, one recent development was use of Graphene Oxide membranes for desalination. Abu Dhabi's Masdar has launched a pilot program to use renewable energy for the desalination process along with other initiatives to reduce the over all energy foot print needed for desalination.