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Craniomaxillofacial Implants Market Analysis l Global Industry Report 2016 to 2021

11-28-2017 08:48 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Data Forecast

Craniomaxillofacial Implants Market Analysis l Global

The Global Craniomaxillofacial Implants market Size is anticipated to grow at 6.9% CAGR from 2016 to 2021 and it is estimated that the global market was valued at USD 1.79 billion in 2016 and is expected to reach USD 2.50 billion by 2021.Craniomaxillofacial implants are used in surgeries of the maxillofacial region such as head, face, neck, oral, and jaw surgeries. Any congenital disease, facial deformity, or for aesthetic purposes involves the use of Craniomaxillofacial implants. These can be done by either placing the implant permanently or temporarily in the body and can be removed as it is no longer needed. Restoring the regular shape and use of jaw needs enhanced, solid and viable fixation of the harmed oral, cranial and facial bones.

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Rise in the instances of road accidents mainly due to urbanization, industrialization and rise in the demand for effective reconstructive surgeries are projected to aid the growth of CMF device industry. The increase in the occurrence of facial fractures is anticipated to be the main consequence of combat sports. Nose and teeth accounted for the most injuries and therefore require more attention relating to prevention measures. Out of all the combat sports, kickboxing accounted for the maximum number of injuries, thus leading to the highest number of maxillofacial trauma. There exists a substantial demand for more Craniomaxillofacial implants due to a rapid increase in the incidences of facial fractures. In addition, an increase in the awareness levels amongst consumers is one of the main contributing factors for the growth of the market. For example, organizations such as American Society of Craniofacial Surgery (ASCFS) and International Society of Craniofacial Surgery (ISCFS) are leading the research program in a probe to raise awareness pertaining to CMF surgeries.

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The Craniomaxillofacial Implants market Segmentation by Type, Material of Construction, Application Site and Property. On the basis of Type, it is segmented into Mid Face, Plates, Screws, Mandibular Orthognathic Implants, Neuro, Mesh, Bone Graft and Dural Repair. CMF plate and screw fixation dominated the product segment due to its wide range of use in various surgical trials such as deformity correction, orthognathic surgery, tumor removal, and pediatric surgeries. Technological advancement has led to the introduction of titanium cranial fixation system and increase in the efficacy of the devices are the factors responsible for the growth of the cranial flap fixation segment in the coming years. Additionally, bio-absorbable polymers based implants are likely to gain popularity in the coming years, contributing toward the segment growth. TMJ replacement devices are anticipated to register the fastest growth rate in the coming years due to increase in the cases of road accidents and sports injuries leading to cranial and facial fractures. TMJ devices are often used in prosthetic jaw replacement surgery. It has various applications including fused joints, fractures, degenerated joints, abnormalities, and arthritic conditions. These devices can help in reducing jaw pain, any interference with eating and also increases mouth opening capacity.

On the basis of Material of Construction, it is segmented into Titanium and Polymer. Metallic implants dominated this market segment due to its advantages of being less corrosive in nature, providing rigid support to the fractures, comparatively cheaper than bio-absorbable counterparts and higher market penetration than other materials. Metals are used in the CMF surgery due to their less corrosive nature and physiologically support to the fractures. Titanium and its alloy are most frequently used metals for CMF surgery because of its advantages such as light weight, inert metallic property, strength provided to implants, high tissue acceptance, and corrosion resistance. It is used in the mandibular reconstruction. On the basis of property, it is segmented into Absorbable Fixators and re-absorbable Fixators. On the basis of Application Site, it is segmented into Internal Fixators and External Fixators. Neurosurgery and ENT held the largest share of this market segment due to the rise in the occurrence rate of trauma and spinal disorders requiring cerebrospinal fluid (CSF) management during surgery. Additionally, adoption of deep brain stimulation procedures is one of the main factors for growth of this segment. In deep brain stimulation, the implants are used to cover the skull after inserting the electrode.

On the basis of geography, the market is analyzed under various regions namely North America, Europe, Asia Pacific and Middle East and Africa. North America dominates the overall market in terms of revenue share due to the increase in cases of facial deformities and facial fractures. Also, the introduction of technologically advanced cranial implants, rise in the demand for minimally invasive surgeries, the presence of sophisticated healthcare infrastructure and high patient awareness levels are the factors accrediting the impressive growth of Craniomaxillofacial devices in this region. The presence of untapped potential, continuously improving healthcare infrastructure, economic development, and rise in the patient awareness levels are crucial impact rendering drivers, accounting for the lucrative growth of Craniomaxillofacial industry in Asia Pacific region.

Craniomaxillofacial Implants Market Leaders are Stryker, KLS Martin, Depuy Synthes, Zimmer Biomet, Medtronic, Integra Lifesciences, OsteoMed, Medartis AG, Matrix Surgical, and Calavera.

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Abhishek Shukla
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Market Data Forecast
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Mail: abhishek@marketdataforecast.com

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