Boston, MA 06/11/2014 (wallstreetpr) – 3D Systems Corporation (NYSE:DDD) completed the pilot program successfully for its new Bespoke Braces for the treatment of patients having spine problem.
During the program, a prototype fitted to the patients and then digitalized to capture the references. After the digitalization of the brace, the device adjusted and manipulated according to the need through the 3D selective laser sintering technology. 3D’s technology provides an optimal solution for the patients.
3D’s Bespoke Braces is a personalized medical device for both adults and children having spine problem (Curved spine).
The problem typically appears in children at the age of 8-13, but now, it is predominant in women, and approximately 7 million Americans are having the same problem.
3D’s personalized Vs. Traditional Braces
Traditional braces lack flexibility that leads to create counter pressure in ribs and hips. But, 3D’s Braces proved to be flexible and durable and adjusted according to the patients’ requirement.
Patients’ especial children also responded well and like the braces as it give them the comfort as per their movement.
The data from the pilot study proves that the personalized Bespoke Braces removes the compliances barrier of traditional braces. The Company believes the data will convince the medical community as well as insurers and promise to be a significant advancement in children with curved spine.
Looking forward
3D mainly focuses on transforming the personalized medicine segment and creates opportunities to improve its performance in healthcare business.
Healthcare segment represented ~15% of total revenue during its recent quarter and reported significant growth was due to increased penetration and higher demand in healthcare applications. During the period, segment revenue increased by 53% to $21.7 million versus $14.1 million in same period 2013.
The revenues include services for personalized medical devices, hearing aids, dental and other healthcare applications. Among the products, 3D Systems Corporation (NYSE:DDD) generated revenue from sales of printers and print materials.
