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In previous editions of the SME Medical Manufacturing Yearbook, P&M Corporate Finance has provided commentary on a variety of market forces impacting medical device manufacturers, such as regulatory considerations, reimbursement, M&A and venture capital activity. This year’s article will touch on several of those same dynamics, with a focus on the 510(k) approval process and the 2.3% medical device tax, which went into effect on January 1, 2013.

Laser technology for drilling precision holes has taken a leap forward with faster, cheaper, high-accuracy fiber lasers, which are used in the aerospace industry for turbine engine hole-drilling and other industries. Short-pulse picosecond fiber lasers are likewise making inroads, drilling small, precise holes for the medical and microelectronics industries.

n last year’s SME Medical Manufacturing Yearbook, P&M Corporate Finance provided an update on regulatory, reimbursement, M&A and venture capital activity. This year’s article will address several of the same areas, as well as provide an outlook for 2012.

While robots have been deployed in high-profile surgical applications in recent years, using a specialized apparatus like the da Vinci surgical system, the majority of industrial or commercial medical uses for robots are somewhat more commonplace.

Many industries have been making parts with micron dimensions for some time, but in the last few years, the market for miniaturization has expanded. The demand is not only for small parts, but also for small complex features on larger parts. This is due chiefly to the switch to modules in which the functions of several parts or subsystems are not handled by a single complex unit.

Stratasys beat out nine other nominees to win the award for Medical, Dental or Healthcare Application.

Oqton, a software provider helping manufacturers increase innovation and efficiency by automating production, and Eplus3D, a global supplier of metal 3D printing solutions, today announced they have entered a strategic partnership.

BioFabUSA is advancing workforce development programs that inspire people to tackle the challenges of manufacturing replacement human cells, tissues and organs.

Ceratizit has introduced three new standard coated-carbide ISO-P steel insert grades that provide up to 20 percent longer tool life when compared to previous-generation grades.

Pensacola is home to world-class innovation and smart manufacturing technology businesses in wind energy, robotics, life science, chemicals, aviation and more.