Global Cranio Maxillofacial Fixation Devices Market was valued at USD 1.84 billion in 2021, growing at a CAGR of 5.07% during the forecast period from 2023 to 2028 to reach USD 2.48 billion by 2028.
The rise in demand for Cranio Maxillofacial Fixation Devices is predominantly attributed to the rising incidence of traumatic brain injuries, facial injuries and fractures because of rising road traffic collisions, rising preferences for minimally invasive techniques for reconstructive and trauma surgeries. In addition, increasing prevalence for congenital facial deformities, rising cases of oral cancer across the globe, and recent advancement in implants are the other factors driving the market.
Some of the key Cranio Maxillofacial Fixation Devices companies with their therapeutic products in various stages of development include Johnson & Johnson, Inc., Zimmer Biomet, Medtronic, B. Braun Melsungen AG, NuVasive®, Inc., Stryker Corporation, Orthofix Medical Inc., XTANT MEDICAL, and others.
DelveInsight’s “Cranio Maxillofacial Fixation Devices Market Insight & Forecast” report will offer an in-depth understanding of the Cranio Maxillofacial Fixation market, further benefiting the competitors or stakeholders operating in the Cranio Maxillofacial implant device arena.
Cranio Maxillofacial Fixation Devices Overview
Craniomaxillofacial devices refer to the equipment used during orthopedic surgeries.
With the help of Cranio Maxillofacial Devices, medical implants are used to treat severe cranial and facial bone fractures. Cranial flap fixtures, bone-graft substitutes, screws and bolts for Cranio Maxillofacial Fixation distraction, thoracic fixation, and temporomandibular joint replacement are the most frequent Cranio Maxillofacial implants. These devices are made of metals like steel and titanium, bioabsorbable polymers, ceramics, and other materials and are utilized in neurosurgery, plastic surgery, orthognathic, and dental procedures.
Because of the rise in head and face injuries caused by car accidents, sports injuries, and work-related accidents, the need for craniomaxillofacial fixation procedures is increasing. According to WHO statistics, from 2021, roughly 1.3 million people die each year due to a road traffic crash, and between 20 and 50 million more people suffer non-fatal injuries, with many of them becoming disabled due to their injury.
In addition, the incorporation of modern technology such as 3-D printing for manufacturing personalized and patient-specific implants and their high popularity among the target population are expected to drive the global craniomaxillofacial fixation devices market. For example, in 2021, Lucid Implants recently became the first Indian company to produce Polyether Ether Ketone (PEEK) based customized implants, keeping a patient’s unique facial anatomy in mind with advanced 3D printing technologies and virtual reality surgical planning.
Cranio Maxillofacial Fixation Devices Market Insight
The Global Cranio Maxillofacial Fixation Devices market is geographically analyzed for North America, Europe, Asia-Pacific, and the Rest of the World. Currently, North America is leading the global market in terms of revenue share and is expected to remain constant during the forecast period. This domination is due to increased product launch and well-established reimbursement scenarios for surgeries in the region, among other factors. Additionally, the rapid and well-established healthcare services and infrastructure contribute to expanding the regional hip implant market.
Furthermore, the increased prevalence of congenital deformity among the population in the United States is likely to boost the market for craniomaxillofacial fixation devices in the region. Cleft Lip/Cleft Palate, a type of facial malformation, is on the rise, according to the CDC 2020 study.
According to the Aesthetic Plastic Surgery National Data Bank Statistics 2020, about 7,997 chin augmentation surgeries and 55,436 rhinoplasties were performed in the region.
To learn more about why North America dominates the Cranio Maxillofacial Fixation) market growth, get a snapshot of the Cranio Maxillofacial Fixation Devices market report.
Recent Advancements in Cranio Maxillofacial Fixation Market:
Key Players Proactively Working In the Cranio Maxillofacial Fixation Market
Cranio Maxillofacial Fixation companies that are aggressive in developing and manufacturing craniomaxillofacial devices are making significant progress. To increase their market position, they often engage in mergers and acquisitions. B. Braun Melsungen AG, NuVasive®, Inc., Medtronic, Johnson & Johnson, Inc., Zimmer Biomet, Stryker Corporation, Orthofix Medical Inc., XTANT MEDICAL, and others are among the leading Cranio Maxillofacial Fixation equipment manufacturers.
Covid 19 Impact Analysis on Cranio Maxillofacial Fixation Devices
Across the globe, the COVID-19 epidemic had a significant influence on elective and non-urgent procedures. The COVID-19 outbreak has substantially impacted demand for Cranio Maxillofacial Implant Devices. The authorities implemented lockdowns to stop the virus from spreading, limiting movement and routine check-ups. Various treatments were halted because of the COVID-19 pandemic, although COVID-19-affected patients were prioritized. As a result, the number of surgeries necessary for Cranio Maxillofacial Fixation Devices has decreased. However, as the number of cases decreases, vaccination rates rise, and lockdowns are lifted, demand for Cranio Maxillofacial Fixation Devices is projected to grow.
However, post-COVID-19, the healthcare system is trying to get normalcy due to the resumed patent visits, the opening of manufacturing facilities, and leverage given in lockdown restrictions. Hence, the demand for Cranio Maxillofacial Fixation Devices is expected to rise during the forecast period.
Get a glimpse of the Cranio Maxillofacial Fixation market report to see how COVID-19 will affect you in the future.
Scope of the Cranio Maxillofacial FixationDevice Market Report:
Table of Contents
1
Report Introduction
2
Executive Summary
3
Regulatory and Patent Analysis
4
Key Factors Analysis
5
Cranio Maxillofacial FixationPorter’s Five Forces Analysis
6
COVID-19 Impact Analysis on Cranio Maxillofacial Fixation (CMF) Market
7
Cranio Maxillofacial Fixation Market Layout
8
Cranio Maxillofacial Fixation Global Company Share Analysis – Key 3-5 Companies
9
Cranio Maxillofacial Fixation Companies and Product Profiles
10
Project Approach
11
KOL Views
12
DelveInsight Capabilities
13
Disclaimer
14
About DelveInsight
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