Press release
Global Craniomaxillofacial Devices Market Is Projected To Witness Vigorous Expansion By 2026|Medartis AG; Zimmer Biomet; B. Braun Melsungen AG; Invibio Ltd.; Antibe Therapeutics Inc
Global Craniomaxillofacial Devices Market is expected to grow from its initial estimated value of USD 1.39 billion in 2018 to a projected value of USD 2.52 billion by 2026, registering a CAGR of 7.70% in the forecast period of 2019-2026. This rise in market value can be attributed to rise in innovations and advancements in the product and devices offerings.The Craniomaxillofacial Devices market study encompasses market drivers and restraints by using SWOT analysis, along with their impact on the demand over the forecast period. This report comprehensively analyzes the potential of the market in the present and the future prospects from various corners. The statistical and numerical data are represented in graphical format for a neat understanding of facts and figures. Such market research report is a resource, which provides current as well as upcoming technical and financial details of the industry to 2025. The scope of this Craniomaxillofacial Devices market report can be expanded from market scenarios to comparative pricing between major players.
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Few of the major competitors currently present in the market are Johnson & Johnson Services, Inc.; Stryker; Medartis AG; Zimmer Biomet; B. Braun Melsungen AG; Invibio Ltd.; Antibe Therapeutics Inc.; GENERAL ELECTRIC; Matrix Surgical USA; Summit Medical Group; Integra LifeSciences; CONMED Corporation; KLS Martin Group; Medtronic; TMJ Concepts; OsteoMed and W. L. Gore & Associates, Inc.
Market Drivers:
Increasing incidences of trauma cases and injuries associated to the facial structures; this factor is expected to act as a driver for the market growth
Growth in demand for minimally invasive surgical procedures; this factor is expected to act as a driver for the market growth
Market Restraint:
High levels of cost to the products in craniomaxillofacial surgeries and cost of overall procedure is expected to act as a restraint to the market growth
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Segmentation: Global Craniomaxillofacial Devices Market
By Product
Bone Graft Substitute
MF Plate & Screw Fixation
CMF Distraction
Cranial Flap Fixation
Thoracic Fixation
Temporomandibular Joint Replacement
By Material
Ceramic
Biological
Metal
Polymers
By Location
External Fixators
Internal Fixators
By Application
Plastic Surgery
Neurosurgery & ENT
Orthognathic & Dental Surgery
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In September 2017, Johnson & Johnson Services, Inc. through its subsidiary DePuy Synthes announced the launch of 3D produced titanium-based facial surgical implants for the United States market. The product termed as “TRUMATCH Titanium 3D-Printed Implants” will be commercially distributed through a specialized distributor.
In June 2017, Summit Medical Group announced the launch of US FDA cleared maxilla-mandibular fixation (MMF) device, termed as “Minnie Ties Agile MMF”. The product is a first of its kind as it is a non-invasive product for use in jaw fractures.
In January 2017, Antibe Therapeutics Inc. announced the launch of “PentOS OI Max” company’s new bone graft substitute for use in dental biologics market.
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