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Most Awaited Craniomaxilofacial Devices Market Report: Stryker Corporation, Medtronic PLC, Johnson & Johnson, KLS Martin, Depuy Synthes, Zimmer Biomet Holdings
Craniomaxilofacial devices market accounted to USD 2.2 billion in 2016 growing at a CAGR of 7.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.The orthopedic surgery that deals with all the aspects of skull, jaws, neck and facial disorder is the branch of Craniomaxillofacial (CMF). More and more people are obtaining craniomaxillofacial surgeries due to increasing awareness of Craniomaxillofacial devices and its benefits. Rising rate of street accidents because of urbanization and industrialization and rising interest for powerful reconstructive surgeries are relied upon to empower positive CMF device industry growth. Expanding commonness of facial fractures is relied upon to come about principally from combat sports. Nose and teeth represent the most harmed body parts and along these lines require more consideration relating to avoidance measures. There exists huge interest for more craniomaxillofacial inserts attributable to expanding pervasiveness of facial fractures and cracks. Moreover Raising awareness and knowledge among consumers or end users are one of the key contributing variables for the market growth. In addition, developing geriatric population base and rising healthcare expenditure are some important aspects to drive the interest for craniomaxillofacial (CMF) device market.
Rising incidences of road accidents due to urbanization & industrialization and rising demand for effective reconstructive surgeries are expected to enable positive CMF device industry growth. Increasing prevalence of facial fractures is expected to result mainly from combat sports (approximately 80%). Nose and teeth accounted for the most injured areas and therefore requires more attention pertaining to prevention measures.
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The craniomaxilofacial devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of craniomaxilofacial devices market for Global, Europe, North America, Asia Pacific and South America.
Key Craniomaxilofacial Devices Market Participants:
• Stryker Corporation
• Medtronic PLC
• Johnson & Johnson
• KLS Martin
• Depuy Synthes
• Zimmer Biomet Holdings
• Integra Life Sciences
• Osteomed L.P
• Medartis Ag
• Matrix Surgical USA
• Calavera Surgical Design
• Boston Medical Products
Major Market Drivers and Restraints:
• Rising incidences of road accidents and trauma cases
• Rising awareness and demand for minimally invasive reconstruction surgeries
• Technological advancements and rising healthcare expenditure
• High cost of craniomaxillofacial surgeries
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Market Segmentation: Global Craniomaxilofacial Devices Market
• By product, the market for craniomaxilofacial devices market is segmented into cranial flap fixation, cmf distraction, tmj replacement, thoracic fixation, bone graft substitute. By material, the market for craniomaxilofacial devices is segmented into polymers, bioabsorbable, metals, alloys and ceramic calcium. On the basis of nature, the market is segmented into reabsorbable and non-reabsorbable
• By application, the market for craniomaxilofacial devices is segmented into neurosurgery and ent, orthognathic and dental, plastic surgery. On the basis of end-user, the market is segmented into hospitals, ambulatory surgical centres, clinics
• On the basis of geography, craniomaxilofacial devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Craniomaxilofacial devices are the devices that are used to for surgery treatment of congenital and acquired deformities of the head, skull, face, neck, jaws and associated structures. These devices are used to treat treatment of severe injury to the cranial and facial bones in hospitals, ambulatory surgical centres, clinics.
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