Press release
Craniomaxillofacial Devices Market By Player, Region, Type, Application And Sales Channel
Craniomaxillofacial Devices Market
Technological advent of robotic surgery aids, 3D Printing technology for craniomaxillofacial surgery, would lead to the growth of the Craniomaxillofacial Devices market.
The global Craniomaxillofacial Devices Market is expected to reach USD 3.92 Billion by 2027, according to a new report by Emergen Research. Rising preference for craniomaxillofacial trauma, minimally invasive surgery, growing prevalence of facial fractures is anticipated to fuel demand for craniomaxillofacial surgery, leading to increased sales of devices.
Increasing incidence of street accidents owing to industrialization and urbanization, coupled with increasing demand for effective reconstructive surgery, is expected to propel industry growth. The proliferation of new techniques such as bio-absorbable cranial fixation surgeries and robotic arm-assisted CMF operation is also anticipated to raise the market demand for craniomaxillofacial products over coming years.
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Key Highlights From The Report
In November 2019, the Johnson & Johnson Medical Devices Companies DePuy Synthes launched the SYMPHONYTM Occipito-Cervico-Thoracic (OCT) System, thus expanding its portfolio for the surgical treatment segment. The Symphony System aids in streamlining procedures and offer efficiencies to the surgeon and medical professionals treating patients with complex cervical spine disorders, which includes craniomaxillofacial trauma.
The resorbable fixators devices are expected to gain traction owing to the benefits of resorbable fixators such as faster recovery time and no requirement for follow-up operation to replace the fixator.
The Orthognathic and Dental Surgery type application segment accounted for the highest share of 47.6% in the market, growing at a CAGR of 5.7%.
The Temporomandibular Joint Replacement Device type product segment is estimated to reach USD 354.7 million by the year 2027.
Increasing health care spending and the geriatric population is some of the other variables that are projected to fuel demand for craniomaxillofacial surgeries over the forecast period. It is also expected that the introduction of technologically developed 3D printing devices used in cranial reconstructive surgeries to expand acceptance would provide this sector with attractive growth opportunities.
Key participants contributing significant market shares in the industry growth include DePuy Synthes, Medtronic, Stryker, Zimmer-Biomet, OsteoMed, Integra Lifesciences, Medartis AG, Calavera, Matrix Surgical, and KLS Martin.
Craniomaxillofacial Devices Market Region:
The report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
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The Global Craniomaxillofacial Devices Market report is furnished with key market statistics organized in the form of charts, graphs, tables, diagrams, figures, and other pictorial representations. The report offers an exhaustive analysis of the key market aspects like market size, volume, share, current and emerging trends, production and consumption rate, and other key elements that offer an idea about the prospective expansion of the Craniomaxillofacial Devices industry.
Product Outlook (Revenue, USD Million; 2017-2027)
Cranial Flap Fixation Device
CMF Distraction Device
Temporomandibular Joint Replacement Device
Thoracic Fixation Device
Bone Graft Substitute Device
MF Plate and Screw Fixation Device
CMF Drilling Systems
Mid Face Implant Systems
Patient-Customized Solutions
3D Printing technology Device
Bioabsorbable Osteofixation Devices
Material Outlook (Revenue, USD Million; 2017-2027)
Metal Based Implants
Titanium
Other Metal Alloys
Bioabsorbable Material
Polylactic acid (PLA)
Co-polymers
Self reinforcing (SR)
Ceramic Based Implants
Polymers/Biomaterials
Application Outlook (Revenue in Million USD; 2017–2027)
Neurosurgery
Orthognathic and Dental Surgery
Distraction Osteogenesis
Others
Plastic Surgery
ENT
Others
End Users Outlook (Revenue, USD Million; 2017-2027)
Hospitals & Clinics
Ambulatory Surgical Centers
Others
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The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Significant Features of the Craniomaxillofacial Devices Market Report:
Extensive competitive landscape analysis to offer the readers key insights into driving and restraining factors along with strategies adopted by the key players
Assessment of the existing and emerging trends of the business sphere
Detailed analysis of the emerging growth opportunities and threats and limitations the players might face in the coming years
Significant breakdown of the market to assess the factors that might influence the global market growth
An 8-year forecast for better understanding of the workings and growth opportunities of the market
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