Craniomaxillofacial Implants Market Size Worth USD 3.29 billion By 2028
Market Overview: The global market for Craniomaxillofacial Implants reached a valuation of USD 1.93 billion in 2018 and is projected to attain USD 3.29 billion by 2026, exhibiting a compound annual growth rate (CAGR) of 6.8%. These implants are utilized in oral, cranial/head, face, neck, and jaw surgeries to address deformities resulting from accidents or congenital facial disorders. They can be employed for both temporary and permanent purposes, with recent advancements allowing for contouring to conceal the implants.
Market Drivers: Key drivers of market growth include an increase in the prevalence of congenital deformities like cleft palate, a rise in trauma cases and road accidents, and a growing population experiencing cleft lip. The demand for minimally invasive surgical techniques is also contributing to the surge in Craniomaxillofacial Implants, with nearly 15.9 million minimally invasive plastic surgeries conducted in 2018, according to the American Society of Plastic Surgeons.
Challenges: Government intervention and product approval remain significant challenges, as any post-surgery issues may lead to product recalls, affecting market growth. Despite these challenges, the market is driven by a global trend toward non-invasive surgeries and a rising demand for enhancing physical appearance.
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Market Trends: Key market trends include strategic initiatives by major players, such as collaboration and expansion. Technological advancements, such as the development of patient-specific Titanium-based Craniomaxillofacial implants, are contributing to market growth. The market is witnessing increased demand for contoured implants, addressing the need for better aesthetics.
Key Players: Major players in the Craniomaxillofacial Implants market include Medtronic, Stryker, DePuy Synthes, Zimmer Biomet, Integra Lifesciences, OsteoMed, Medartis AG, Matrix Surgical, Calavera, and KLS Martin.
Market-O-Nomics:
- North America held a 35.4% market share in 2018, with increased research and development contributing to regional market traction.
- Neurosurgery accounted for 28.2% of the market share in 2018 and is expected to grow at a rate of 6.5%, driven by the demand for effective surgical methods to treat congenital facial disorders.
- The Mid Face Implants segment occupied 39.7% of the global market in 2018, driven by the demand for better aesthetics after injuries to the head, neck, jaw, and face.
- Europe held a market share of 26.2% in 2018, with a CAGR of 6.5% during the forecast period, driven by increased spending capacity in the healthcare system.
- Plastic Surgery had the highest share (34.6%) in 2018, expected to grow at a rate of 6.7% due to increased demand for aesthetic procedures.
- The Asia-Pacific region is witnessing market growth fueled by the demand for minimally invasive surgical procedures for injuries resulting from road accidents.
Segments Covered in the Report: The report segments the Craniomaxillofacial Implants industry based on type, material, resorbing-ability, location, application, end-use, and region.
Type Outlook:
- Cranial or Neuron Implants
- Mid Face Implants
- Mandibular Orthognathic Implants
- Cranial Flap fixation
- Bone Grafting Substitutes
- Distraction Systems
- Thoracic Repair System
- Dural Repair Products
- Total TMJ Replacement System
Material Type Outlook:
- Titanium Metals and alloys
- Calcium Phosphate Ceramics
- Polymers
- Biomaterials
Resorbing - ability Outlook:
- Resorbable Fixators
- Non-Resorbable Fixators
Location Outlook:
- Internal Fixators
- External Fixators
Application Outlook:
- Orthognathic Surgeries
- Dental Surgeries
- Neurosurgeries
- ENT Surgeries
- Plastic Surgeries
End-Use Outlook:
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Others
Regional Outlook:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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