The global Craniomaxillofacial Devices Market is expected to reach USD 3.92 Billion by 2027, according to a new report by Emergen Research. Rising preference for craniomaxillofacial trauma, minimally invasive surgery, growing prevalence of facial fractures is anticipated to fuel demand for craniomaxillofacial surgery, leading to increased sales of devices.
Increasing incidence of street accidents owing to industrialization and urbanization, coupled with increasing demand for effective reconstructive surgery, is expected to propel industry growth. The proliferation of new techniques such as bio-absorbable cranial fixation surgeries and robotic arm-assisted CMF operation is also anticipated to raise the market demand for craniomaxillofacial products over coming years. 3D craniomaxillofacial implants, virtual plating technology, improved customer service by market players, and the production of thoracic fixing devices at low prices are all anticipated to create potential growth prospects for the industry
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Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
Craniomaxillofacial Devices Market research report depicts the latest market scenario with updated trends and segmentation of the products and services. The study provides crucial information on the market situation, size, share, growth factors of the Craniomaxillofacial Devices
Radical Highlights of the Craniomaxillofacial Devices Market Report:
Comprehensive overview of the Craniomaxillofacial Devices market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Craniomaxillofacial Devices market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
In November 2019, the Johnson & Johnson Medical Devices Companies DePuy Synthes launched the SYMPHONYTM Occipito-Cervico-Thoracic (OCT) System, thus expanding its portfolio for the surgical treatment segment. The Symphony System aids in streamlining procedures and offer efficiencies to the surgeon and medical professionals treating patients with complex cervical spine disorders, which includes craniomaxillofacial trauma.
The resorbable fixators devices are expected to gain traction owing to the benefits of resorbable fixators such as faster recovery time and no requirement for follow-up operation to replace the fixator.
The Orthognathic and Dental Surgery type application segment accounted for the highest share of 47.6% in the market, growing at a CAGR of 5.7%.
The Temporomandibular Joint Replacement Device type product segment is estimated to reach USD 354.7 million by the year 2027.
Increasing health care spending and the geriatric population is some of the other variables that are projected to fuel demand for craniomaxillofacial surgeries over the forecast period. It is also expected that the introduction of technologically developed 3D printing devices used in cranial reconstructive surgeries to expand acceptance would provide this sector with attractive growth opportunities.
Key participants contributing significant market shares in the industry growth include DePuy Synthes, Medtronic, Stryker, Zimmer-Biomet, OsteoMed, Integra Lifesciences, Medartis AG, Calavera, Matrix Surgical, and KLS Martin.
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The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Emergen Research have segmented the global craniomaxillofacial devices market on the basis of product, application, end-users, and region:
Product Outlook (Revenue, USD Million; 2017-2027)
Cranial Flap Fixation Device
CMF Distraction Device
Temporomandibular Joint Replacement Device
Thoracic Fixation Device
Bone Graft Substitute Device
MF Plate and Screw Fixation Device
CMF Drilling Systems
Mid Face Implant Systems
Patient-Customized Solutions
3D Printing technology Device
Bioabsorbable Osteofixation Devices
Material Outlook (Revenue, USD Million; 2017-2027)
Metal Based Implants
Titanium
Other Metal Alloys
Bioabsorbable Material
Polylactic acid (PLA)
Co-polymers
Self reinforcing (SR)
Ceramic Based Implants
Polymers/Biomaterials
Application Outlook (Revenue in Million USD; 2017–2027)
Neurosurgery
Orthognathic and Dental Surgery
Distraction Osteogenesis
Others
Plastic Surgery
ENT
Others
End Users Outlook (Revenue, USD Million; 2017-2027)
Hospitals & Clinics
Ambulatory Surgical Centers
Others
Highlights of the Craniomaxillofacial Devices Market Report:
This research report focuses on the Craniomaxillofacial Devices Market overview, market share, demand and supply ratio, and import/export details, supply chain analysis, and others.
The report includes different approaches and procedures used by established market players for efficient business decisions.
The report offers detailed information regarding the production value, strategies adopted by the key market players, their products/services offerings, and many more.
The Craniomaxillofacial Devices Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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