MOUNTAIN VIEW, Calif., June 6, 2013 /PRNewswire/ -- Stringent medical device policies established by governing bodies around the world to ensure quality and patient safety will sustain investments in the global dimensional metrology market, particularly in fields such as dentistry and orthopedics. Advances in implant technology will also continue to aid market development.
New analysis from Frost & Sullivan (http://www.testandmeasurement.frost.com), Analysis of the Global Dimensional Metrology Market in the Medical Device Industry, finds that the market earned revenues of more than $80.7 million in 2012 and estimates this to reach $99.9 million in 2017. The study primarily focuses on dimensional metrology in orthopedic and dental implants, stents and catheters.
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Orthopedic and prosthetic devices need to keep pace with the rising complexity of implant shapes and sizes, fueling demand for dimensional metrology.
"Studies indicate that discrepancies in materials and relative implant sizes are the main reasons for unsuccessful implant surgeries," said Frost & Sullivan Measurement and Instrumentation Research Analyst Aravind Govindan . "Therefore, standards are being put in place to enforce the use of dimensional metrology in medical device manufacturing for consistent quality, which will also enable the safe and speedy recovery of patients."
As the target market is relatively small, intense competition likewise compels leading medical device
|SOURCE Frost & Sullivan|
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