Premium provider of 3D products and services, 3D Systems Corporation DDD recently expanded its Virtual Surgical Planning (VSP) Reconstruction product line with the launch of “Jaw in a Day” service. This launch reflects the company's efforts toward fortifying its foothold in the thriving healthcare industry.
Dental Rehabilitation Simplified
Jaw in a Day is enabled by 3D Systems’ VSP Reconstruction service. 3D Systems has incorporated its sophisticated CAD/CAM technology in Jaw in a Day which will assist surgeons to prepare personalized surgical guides, models and instruments. This service is a major breakthrough in full jaw reconstruction process and will aid surgeons to complete the complex task in a single surgery.
Powered by 3D System’s proprietary digital-to-physical workflow, Jaw in a Day can reduce multiple surgeries required in dental rehabilitation to a singular surgery. This not only slashes patients’ hefty medical bills, but also significantly shrinks the normal six–twelve month time span required for the process. Immediate placement of a provisional dental prosthesis will greatly improve patient outcome.
Healthcare Portfolio Shows Strength
Over the past couple of years, 3D Systems has been systematically expanding its healthcare product suite. The company has been successful in creating a comprehensive healthcare portfolio that includes a wide gamut of offerings, ranging from educational training modules to pre-operative surgical planning applications.
In second-quarter 2016, revenues from healthcare and related applications grew 11% year over year, boosted by the company’s extensive offerings as well as expansion by clients who print medical and dental devices. The company’s surgical simulation and planning are among its strong suite and the latest expansion of the VSP Construction portfolio further strengthens this business line.
3D Systems currently holds a Zacks Rank #3 (Hold). Some better-ranked stocks in the sector include Active Power Inc. ACPW, Acxiom Corporation and Rocket Fuel Inc. FUEL. All three stocks hold a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
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