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Cranial Implants Global Market Report 2024 - By Size, Share, Trends, Growth, Analysis, Forecast To 2033
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Cranial Implants industry. This report on Cranial Implants market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The cranial implants market size has grown rapidly in recent years. It will grow from $1.11 billion in 2023 to $1.23 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to increased prevalence of trauma and injury cases, neurological surgeries, patient-specific implants, aging population, regulatory compliance, increased medical tourism. The cranial implants market size is expected to see rapid growth in the next few years. It will grow to $1.82 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%.
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Key Market Players:
B. Braun Melsungen AG, DePuy Synthes Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., Kelyniam Global Inc.
Market Drivers:
According to the Cranial Implants Market Report 2024 by The Business Research Company, the rising prevalence of neurological diseases and road accidents is expected to propel the growth of the cranial implants market in the forecast period. According to Parkinson's disease statistics, Parkinson's disease is the second most common age-related neurological disorder after Alzheimer's disease. A cranial implant will enable doctors to look inside the brain without having to drill a new hole in the skull each time, making neurological disorder treatment easier.
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Market segments for Cranial Implants include:
• By Type: Customized Cranial Implants, Non-customized Cranial Implants
• By Material: Polymer, Ceramic, Metal
• By End User: Hospital and Trauma Centers, Ambulatory Surgical Centers, Specialty Clinics, Other End-Users.
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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