Temporomandibular Joint Implants Market is Projected to be Fueled by Rapid Technological Advancements
• Temporomandibular joint (TMJ) implants are medical devices that are used to replace partial or the total jaw. These joints are primarily intended to restore the normal temporomandibular joint function such as opening and closing of the mouth and chewing.
• TMJ implant surgery is carried out on when other reconstructive surgeries such as tissue grafts and joints, and non-surgical treatment are unable to restore normal TMJ functioning and relieve symptoms for patients
• Different types of temporomandibular joint implants have been developed and several products are under different stages of clinical trials for regulatory approvals
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Temporomandibular Joint Implants Market: Key Drivers
• Rise in number of oral and maxillofacial surgeries, accident cases, and prevalence of oral cancer across the globe is projected to drive the market during the forecast period
• For instance, in the U.S., the prevalence rate for temporomandibular and muscle joint disorder is estimated to range between 5% and 12%
• Technological advancements in temporomandibular joint implant devices, such as virtual surgical case planning; advent of 3D metal printing; and new product launches are likely to propel the global market during the forecast period
• However, high cost of surgical procedures, high cost of implants, and complex technicalities involved during the procedures and restrictive healthcare coverage are major factors that are projected to hamper the market in the near future
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Mandibular Component Segment to Lead Global Market
• In terms of product type, the global temporomandibular joint implant market can be classified into mandibular component and fossa component. The mandibular component segment is projected to dominate the global market during the forecast period.
• Wide adoption of mandibular components in total temporomandibular joint implant surgeries is likely to fuel the segment’s dominant market share during the forecast period
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Hospitals Segment to Dominate Global Market
• Based on end-user, the global temporomandibular joint implant market can be categorized into hospitals and ambulatory surgery centers. The hospitals segment is projected to dominate the global market during the forecast period.
• Large number of implantable surgical procedures carried out at hospitals, rapid increase in number of orthopedic specialty hospitals in emerging countries, and availability of desired infrastructure at these centers are attributed to the dominance of the hospital segment of the market
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Europe Temporomandibular Joint Implant Market to Expand Rapidly
• In terms of region, the global temporomandibular joint implant market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• North America is projected to dominate the global temporomandibular joint implants market during the forecast period. High prevalence and increase in incidence of temporomandibular joint disorders, high prevalence of oral cancer, and high per capita healthcare expenditure in the region are key factors that are expected to boost the market in North America during the forecast period.
• The temporomandibular joint implants market in Europe is likely to expand at a high CAGR during the forecast period. This can be ascribed to a rise in the number of people suffering from maxillofacial disorders, new product development and increased availability of these products in Europe, and increased adoption of these implants.
• Significant expansion of the healthcare industry, easy access to healthcare facilities, and increase in investments in healthcare by leading players in Europe are projected to augment the market in the region in the near future
Key Players Operating in Global Temporomandibular Joint Implants Market
The global temporomandibular joint implant market is consolidated, with a small number of international players holding a major share of the global market.
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