The global Craniomaxillofacial Devices Market is estimated to reach the valuation of USD 3.92 billion by 2027, registering a CAGR of 5.8% through the forecast period, according to the current analysis by Emergen Research. Increasing occurrences of craniomaxillofacial trauma and facial fractures and the rising preference for less invasive surgeries is predicted to bolster the requirement for craniomaxillofacial devices, thereby driving the sales of the product.
Escalating incidences of accidents and traumatic injuries owing to the fast-paced industrialization and urbanization, coupled with a growing need for efficient reconstruction surgeries is anticipated to add traction to the market growth. The emergence of advanced methods, such as bio-absorbable cranial fixation surgeries and robotic arm-assisted craniomaxillofacial operations, is also expected to augment market demand over the projected timeframe. 3D CMF implants, the virtual plating method, and the development of thoracic fixing devices at affordable costs are anticipated to generate lucrative opportunities for market players in the projected timespan.
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Top Companies in Craniomaxillofacial Devices Market are:
Medtronic, DePuy Synthes, Stryker, OsteoMed, Zimmer-Biomet, KLS Martin, Calavera, Medartis AG, Matrix Surgical, and Integra Lifesciences.
Craniomaxillofacial Devices Market Drivers During Forecast Period:
By Regional Outlook Segment:
North America accounted for a considerable share of the industry and is foreseen to grow significantly in the projected period. The beneficial initiatives such as annual symposium organized by the American Society of Craniofacial Surgery and the International Society of Craniofacial Surgery to expand the knowledge about CMF procedures is anticipated to contribute to the regional growth.
By Product Outlook Segment:
The Temporomandibular Joint Replacement Device segment is projected to be valued at USD 354.7 million by 2027, expanding at a CAGR of 6.1% throughout the projected timeframe. The growth can be ascribed to the growing incidences of sports injury, road accidents, and augmenting attraction towards aesthetic reconstruction surgeries such as chin enhancement and TMJ replacement.
By Application Outlook Segment:
The Orthognathic and Dental Surgery application sub-segment occupied the largest share of the industry, accounting 47.6% share in 2019 and is estimated to expand at a CAGR of 5.7% throughout the projected period.
Key Highlights from the Report:
- The resorbable fixators devices are projected to gain a significant share of the industry during the projected timeframe due to the advantageous features of resorbable fixators such as quick recovery time and minimal requirement for follow-up operations.
- Increasing healthcare expenditure, rising levels of disposable income, and the escalating geriatric population are projected to raise demand for craniomaxillofacial surgeries during the projected time. The advent of 3D printing devices and its application in cranial reconstructive surgeries is expected to expand the scope of this market.
- DePuy Synthes, a J&J Medical Devices Company, launched the “SYMPHONYTM Occipito-Cervico-Thoracic (OCT) System” in 2019 to expand its surgical treatment portfolio. The Symphony System streamlines procedures and increases surgeons and medical professionals’ efficiency to treat patients suffering from complicated cervical spine conditions that cover craniomaxillofacial trauma.
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For the purpose of the report, Emergen Research has segmented the global Craniomaxillofacial Devices Market on the basis of product, material, application, end-user, and region:
Product Outlook (Revenue, USD Million; 2017-2027)
- Temporomandibular Joint Replacement Device
- Cranial Flap Fixation Device
- Bone Graft Substitute Device
- CMF Distraction Device
- Thoracic Fixation Device
- CMF Drilling Systems
- MF Plate and Screw Fixation Device
- Mid-Face Implant Systems
- 3D Printing technology Device
- Patient-Customized Solutions
- Bioabsorbable Osteofixation Devices
Material Outlook (Revenue, USD Million; 2017-2027)
- Metal-Based Implants
- Other Metal Alloys
- Bioabsorbable Material
- Polylactic acid (PLA)
- Self-reinforcing (SR)
- Ceramic Based Implants
Application Outlook (Revenue in Million USD; 2017–2027)
- Distraction Osteogenesis
- Plastic Surgery
- Orthognathic and Dental Surgery
End-User Outlook (Revenue, USD Million; 2017-2027)
- Ambulatory Surgical Centers
- Hospitals & Clinics
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Regional Outlook (Revenue, USD Million; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- Rest of MEA
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About Emergen Research
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