Global CMF Devices Market valued at $2.2 billion (2022), is growing at a 6.8% CAGR - Stryker, Medartis, Renishaw, Zimmer Biomet, Medtronic

CMF (craniomaxillofacial) devices are mostly used during medical surgeries to treat wounds, injuries, defects and medical diseases in the head, neck, face, jaws, hard and soft tissues of the cranial and maxillofacial region. CMF devices consists of implants, software, anatomic models, instruments, and surgical guides.

Growing Cases of Traumatic Brain Injuries is driving the growth of the CMF Devices Market

Head injuries are one of the most common causes of disability and death in adults. According to the Journal of Neurosurgery, around 69 million individuals across the world are projected to sustain a TBI each year. About 2.8 million TBIs occur in United States every year. Large number of TBIs and associated skull fractures are driving the demand of CMF devices market.

Sports related injuries are triggering the volumes of CMF Procedures

The significant growth in the number of injuries caused due to sports activities is estimated to increase the demand for CMF devices. According to John Hopkins Medicine, over 3.5 million sports-related injuries are reported every year in US and almost one-third of all injuries incurred in childhood are sports-related injuries.

Increasing Demand for Patient Specific Implants (PSIs)

The global CMF devices market is dominated by standard/off-the-shelf implants. However, the demand for patient-specific implants is growing rapidly. This is attributed to the recent advancements in the imaging techniques which allow physicians to recreate a computerized model of the patient's anatomy and provide personalized solutions. Further, improvements in the CMF planning software have added tools that help surgeons make any measurement possible and align the bone segments in a perfectly symmetrical manner. This has enabled designing patient specific solutions with high accuracy.

Point of Care 3D Printing to offer ample growth opportunities in the CMF Devices Market

Point of Care 3D printing is likely to find a greater traction in the upcoming years. Hospitals are increasingly looking for POC 3D printing solutions owing to its multiple benefits such as direct communication between engineer and the surgeon and accelerated delivery. Leading market players such as KLS Martin have already began to focus on POC services.

Recently, Charite hospital (Germany) entered into a public-private partnership with KLS Martin. They shared investments for the printers in hospitals and KLS is printing the implants for Charite.

Geographic Analysis: North America leads the Adoption of CMF Devices Market

From a geographic perspective, North America has the higher share of CMF devices market. This is mainly attributed to the large volumes of CMF procedures, growing cases of traumatic brain injuries, relatively greater penetration and reimbursement of CMF products in these regions.

Leading market players operating in the global CMF devices market are KLS Martin, DePuy Synthes Companies (JnJ), Stryker, Medartis, Renishaw, Zimmer Biomet, Medtronic, Materialise, Xilloc Medical, Synimed, Medicon, 3D Systems, 3D Life Prints, Nutechnologies, 3Di, among others.

Get Detailed Insights on CMF Devices Market with a FREE Sample Report @ https://meditechinsights.com/cmf-craniomaxillofacial-devices-market/

Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
info@meditechinsights.com

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have successfully completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.

This release was published on openPR.