The shape memory alloys exhibit a number of remarkable properties, which open new possibilities in engineering and more specifically in biomedical engineering. The most important alloy used in biomedical applications is NiTi. This alloy combines the characeristics of the shape memory effect and superelasticity with excellent corrosion resistance, wear characteristics, mechanical properties and a good biocompatibility. These properties make it an ideal biological engineering material, especially in orthopaedic surgery and orthodontics. In this work the basis of the memory effect lies in the fact that the materials exhibiting such a property undergo a thermoelastic martensitic transformation. In order to understand even the most elementary engineering aspects of the shape memory effect it is necessary to review some basic principles of the formation and the characteristics of the martensitic phase. The different properties of shape memory, superelasticity, two-way shape memory, rubber-like behaviour and a high damping capacity are reviewed. Some applications proposed in recent years are described and classified according to different medical fields.
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