Cranial Fixation and Stabilization Market Synopsis
Global Cranial Fixation and Stabilization Market 2020, according to MRFR, is poised to reach USD 2.29 billion by 2025 maturing and a substantial CAGR of 8.90%.
Cranial Fixation and Stabilization Market Highlights
The main driving forces in the cranial fixation and stabilization systems market are the increasing prevalence of neurological disorders, rising occurrence of road crashes and injuries, and technical developments in the field of cranial fixation and stabilization systems. Growing the prevalence of neurological disorders such as epilepsy, stroke, Parkinson’s disease, neuro infections, and traumatic injury pushes the global demand for cranial fixation and stabilization devices.
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It is anticipated that a rise in the number of eligible health practitioners, good insurance plans, a rise in road crashes, and fall injuries would drive the demand. Emphasis on 3D printing goods is another aspect that is expected to fuel market growth. Nevertheless, scarcity of health care facilities in developed countries such as ill-equipped hospitals or a shortage of health care practitioners, high operation prices, and lack of knowledge that induces late diagnosis of diseases are likely to serve as significant restrictions on the global demand for cranial fixation and stabilization systems.
Cranial Fixation and Stabilization Market Segmentation
The demand for cranial fixation and stabilization systems was evaluated according to segment, form, device, end-user, and location.
The market is segmented according to the group into cranial fixing systems and cranial stabilization systems. The Cranial Fixing Systems group held the largest share of the overall industry. The segment’s growth is due to the emergence of personalized product offers and the growing acceptance by neurochirurgians of cranial fixation systems.
The cranial fixing systems market is segmented into meshes, flap tube clamps, covers, skull clamps, headrests for horseshoes, attachments, and screws depending on the model. Because of their extensive applications in cranial surgery, the meshes section is expected to record the highest CAGR.
The market was segmented into resorbable and non-resorbable depending upon the form.
The cranial fixation and stabilization devices industry is segmented into hospitals and outpatient surgical centers, based on end-users. In the forecast period, the category of hospitals is projected to rise at the fastest CAGR. This rise is due to the rising number of surgical operations conducted in traumatic brain injury hospitals.
Cranial Fixation and Stabilization Market Regional Overview
Due to the growing frequency of accidents and brain injury, and the rising prevalence of neurological disorders in this area, North America is projected to have a substantial market share in the global cranial fixation and stabilization systems industry. In addition, technical developments in cranial fixation and stabilization systems and increasing rate of healthcare spending also primarily drive regional demand expansion.
During the forecast period, Asia is expected to rise at the fastest CAGR. The cranial fixation and stabilization systems market in the Asia Pacific is also driven by developments in medical technology in India, China, and Japan and by attractive reimbursement policies in countries like Australia and New Zealand. The market is also driven by the large population base in Asian countries, increased geriatric population, and an increasing number of road accidents and fall-related injuries, which increases brain injuries. The Asia Pacific cranial fixation and stabilization device industry is powered by expanded government investment in health care and a growing number of well-structured healthcare networks with highly trained neuroscience-specific medical professionals. The vital Asian players are now increasingly focused on supporting regional market growth.
Cranial Fixation and Stabilization Market Competitive Dashboard
The cranial fixation and stabilization systems market is majorly competitive with the presence of numerous players such as Prominent players in the market include Integra (US), B. Braun (Germany), Micromar (Brazil), DePuy Synthes (US), Evonos (Germany), KLS Martin (Germany), Medicon (Germany), Medtronic (Ireland), NEOS Surgery (Spain), OsteoMed (UK), Pro Med Instruments (Germany), Changzhou Huida (China), Stryker (US), Jeil Medical (South Korea), and Zimmer Biomet (US).
Table Of Contents
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
LIST OF TABLES
Table 1 Global Cranial Fixation & Stabilization Synopsis, 2019–2025
Table 2 Global Cranial Fixation & Stabilization Market Estimates & Forecast, 2019–2025, (USD Million)
Table 3 Global Cranial Fixation & Stabilization Market, By Region 2019–2025, (USD Million)
Table 4 Global Cranial Fixation & Stabilization Market, By Category 2019–2025, (USD Million)
Table 5 Global Cranial Fixation & Stabilization Market, By Product 2019–2025, (USD Million)
Table 6 Global Cranial Fixation & Stabilization Market, By Type 2019–2025, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation Of The Global Cranial Fixation & Stabilization Market
Figure 3 Market Dynamics For The Global Cranial Fixation & Stabilization Market
Figure 4 Global Cranial Fixation & Stabilization Market Share, By Category, 2018
Figure 5 Global Cranial Fixation & Stabilization Market Share, By Product, 2018
Figure 6 Global Cranial Fixation & Stabilization Market Share, By Type, 2018
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