SmarTech Markets Publishing reports that by 2021 revenues generated by this sector will reach over $4 billion, with $2.3 billion coming from hardware and $1.7 billion in materials revenues.
The new COE will leverage Stratasys’ 3D printing technology to develop and test new medical devices using 3D printed prototypes and models and enrich clinical education and training activities for a variety of audiences.
Through its memberships in America Makes, WMT&R joins other leading member organizations from industry, academia, government, non-government agencies, and workforce and economic development resources that are working together to innovate and accelerate additive manufacturing and 3-D printing.
America Makes will provide up to $8 million in funding toward these projects with at least $8 million in matching cost share from the awarded project teams for total funding worth $16 million.