The global Craniomaxillofacial Devices Market is expected to reach USD 3.92 Billion by 2027, according to a new report by Emergen Research.The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
Segmental Analysis
The global Craniomaxillofacial Devices market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Craniomaxillofacial Devices sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
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Some Key Highlights from the Report
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.
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%.
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.
Emergen Research has 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
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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
Regional Analysis of the Craniomaxillofacial Devices Market:
- North America (US, Canada)
- Europe (UK, Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
Rapid Business Growth Factors
In addition, the market is growing at a fast pace and the report shows us that there are a couple of key factors behind that. The most important factor that’s helping the market grow faster than usual is the tough competition.
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Key Points of Craniomaxillofacial Devices Market:
Extensive coverage of the analysis of the Craniomaxillofacial Devices market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Craniomaxillofacial Devices market
Complete data about the key manufacturers and vendors in the Craniomaxillofacial Devices market
Read More: https://www.emergenresearch.com/industry-report/craniomaxillofacial-devices-market
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