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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.

From a new entrant into the equipment mix to an array of relatively recent but underutilized functions from top suppliers, Swiss machines are poised to take on more of the manufacturing load in 2022.

Selecting the right tool for threading aluminum begins with considering the key properties of aluminum; the pros and cons associated with the main choices of tools, cut taps or thread mills; and advances in tooling technology including coatings and coolant-through capability.

Nikel Precision Group also implemented solutions that optimize tool performance to improve quality, as well as production intelligence that provides real-time insights into factory performance.

XR technologies, comprising virtual reality, augmented reality and mixed reality processes and equipment, are making fundamental shifts in manufacturing.

Support for multi-start threads, tapered threads and cross centerline single-point threads give more control over complex threading processes.