The
global craniomaxillofacial (CMF) devices market is expected to reach
USD 2.68 billion by 2025, according to a new report by Grand View
Research, Inc. Increasing incidences of facial fractures and demand for
minimally invasive surgery for reconstruction are expected to drive the
CMF devices market over the forecast period. The associated benefits
with minimally invasive reconstructive surgeries such as faster
recovery, minimal incision to the body, and less complications
associated with the surgery are anticipated to contribute further toward
the market growth.
The
introduction of technologically advanced procedures such as robotic arm
assisted CMF surgery and bioabsorbable implants for cranial fixation
are expected to drive the demand for CMF systems. The advancement such
as amplified use of virtual plating technology and development of cost
effective thoracic fixation devices are attributing toward the rising
demand.
The
market is competitive in nature as the manufacturers are involved in
new product development strategies to increase their market penetration.
Also, the companies are entering into collaborations and research
alliance with other market players to increase their product portfolio.
Various software and virtual three-dimensional (3D) technologies are
adopted by companies to gain competitive advantage. For instance, the
introduction of technologically advanced 3D printing allows
manufacturers to integrate materials from both facial and cranial
reconstruction is expected to gain popularity in coming years.
To Request for Sample Copy of this report: http://www.grandviewresearch.com/industry-analysis/craniomaxillofacial-devices-market
Further Key Findings From the Study Suggest:
- CMF plate and screw fixation dominated the product segment of CMF devices as of 2016, owing to increasing number of CMF trauma and reconstruction procedures which are non-elective
- Temporomandibular joint (TMJ) replacement product segment is expected to show lucrative growth over the forecast period
- Metallic implants held the largest revenue share owing to the advantage associated with it, such as less corrosive nature and provide rigid support to the fixators
- CMF devices find the largest application in neurosurgery owing to increasing CMF procedures in the oncology and neurovascular surgery treatments
- Asia Pacific region is anticipated to register rapid growth in coming years owing to the presence of high unmet needs coupled with increasing patient awareness levels and improving healthcare infrastructure
- Three-dimensional printing allow integration of new material for reconstruction and cranial surgery, this attracts more manufacturers for the investments in R&D for the development of advanced products
- Key players operating in this market include Johnson & Johnson (DePuy Synthes), Medtronic Inc., and Zimmer-Biomet Inc. which make the entry for small organizations difficult
- Moreover, stringent norms for product approval and post-approval performance monitoring which are regulated by authorities such as the U.S. FDA and American Academy of implant may act as a threat for new participants
Read Our Blog: www.grandviewresearch.com/blogs/healthcare
Grand
View Research has segmented the Craniomaxillofacial devices/systems
market on the basis of the product, material, application, and region:
Craniomaxillofacial Devices Product Outlook (Revenue, USD Million, 2014 - 2025)
- Cranial flap fixation
- CMF distraction
- Temporomandibular joint
- Thoracic fixation
- Bone graft substitute
- MF plate and screw fixation
Craniomaxillofacial Devices Material Outlook (Revenue, USD Million, 2014 - 2025)
- Metals
- Bioabsorbable
- Others
Craniomaxillofacial devices Application Outlook (Revenue, USD Million, 2014 - 2025)
- Neurosurgery and ENT
- Orthognathic and dental
- Plastic surgery
Craniomaxillofacial Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- US.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- Japan
- China
- India
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-cmf-devices-market
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
No comments:
Post a Comment