Injuries, defects, and diseases affecting the head, neck, face, jaws, and hard and soft tissues of the cranial and maxillofacial region are treated during surgeries using CMF devices. The CMF devices market consists of implants, software, anatomic models, instruments, and surgical guides. CMF (Craniomaxillofacial) Devices Market is estimated at $2.2 Bn (2022) growing at a CAGR of ~6.8%. The market growth is driven by growing volumes of CMF procedures and the rising adoption of patient specific implants.
High incidence of traumatic brain injuries (TBIs) is driving the demand for CMF devices
One of the most frequent causes of death and disability in adults is head injuries. The Journal of Neurosurgery estimates that 69 million individuals across the globe are estimated to sustain a TBI each year. In the US, 2.8 million TBIs occur yearly (Source: CDC). Large number of TBIs and associated skull fractures are driving the demand for CMF devices.
Sports related injuries are propelling the volumes of CMF procedures
The market for CMF devices is anticipated to rise as the incidence of sports-related injuries rises. According to John Hopkins Medicine, over 3.5 million sports-related injuries are recorded each year in the U.S and almost one-third of all injuries suffered in childhood are sports-related injuries.
Growing demand for patient specific implants (PSIs)
The CMF (Craniomaxillofacial) devices market is dominated by standard/off-the-shelf implants. However, there is an increasing need for patient-specific implants. This is due to advances in imaging techniques that allow physicians to recreate a computerized model of the patient's anatomy and provide personalized solutions. Additionally, improvements in the CMF planning software have introduced tools that help surgeons make almost any measurement possible and align the bone segments in a perfectly symmetrical manner. This has enabled designing patient specific solutions with high accuracy.
Point of Care (POC) 3D Printing to offer growth opportunities in CMF (Craniomaxillofacial) Devices Market
In the upcoming years, point of care (POC) 3D printing is projected to gain more momentum. Hospitals are progressively looking for POC 3D printing solutions owing to its benefits like direct communication between engineer and the surgeon and accelerated delivery. Key players such as KLS Martin have already started concentrating on POC services. Charite hospital (Germany) recently entered into a public-private partnership with KLS Martin. They invested together in hospital printers, and KLS is printing implants for Charite.
North America leads the adoption of CMF (Craniomaxillofacial) Devices Market
Geographically speaking, North America has a major market share of global CMF devices revenues. This is mostly attributed to the large volumes of CMF procedures, high incidence of trauma injuries, relatively greater penetration and reimbursement of CMF products in the region.
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Companies accepting organic growth strategies to increase their market share
As a key growth strategy, companies in the CMF (Craniomaxillofacial) devices market are focusing on strategic expansions.
For instance,
- In 2021, KLS Martin opened the new production building "Building 70" in Mühlheim, Germany. In the U.S. the company expanded its production building. Further, a new, larger office with a showroom was inaugurated in Shanghai, China
- In March 2020, KLS Martin opened a new planning office for Individual Patient Solutions (IPS) in Cardiff, U.K. to bring a more personal and local service to UK clinicians
- In January 2019, DePuy Synthes invested €36 million in expanding R&D capabilities at its Ireland Innovation Center. The investment would help a five-year project focusing on advancing material science in 3D printing, coatings and surface treatments for high quality implants and medical devices. The investment also aimed an establishment of a 3D Printing Development and Launch Center
Competitive Landscape Analysis of CMF (Craniomaxillofacial) Devices Market
Key players operating in the CMF (Craniomaxillofacial) devices market include KLS Martin, DePuy Synthes Companies (JnJ), Stryker, Medartis, Renishaw, Zimmer Biomet, Medtronic, Materialise, Xilloc Medical, Synimed, Medicon, 3D Systems, 3D Life Prints, Nutechnologies, 3Di, among others.
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The Global Craniomaxillofacial Devices Market value is expected to exceed USD 1.71 billion by 2024 growing at an estimated CAGR of over 6.7% from 2016 to 2024.
Demand for minimal invasive procedures which can heal rapidly is the primary driving factor of the market.
Bigger healthcare budget, use of 3D implants in reconstructive surgery, and growing geriatric populace are other aspects favoring the market.The global market is segmented according to products, materials, applications, and regions.
Plate and screw fixation earned over 70% market revenue shares in 2014 due to their varied use in surgeries.Materials used are metal, bioabsorable, and alloys.
Polymers such as PMMA (poly methyl methacrylate) and Medpor are used due to their biocompatible nature.
Biomaterials such as PDLLA and PPEK are used in bioabsorbable devices.Browse Details of Report@ https://www.hexaresearch.com/research-report/craniomaxillofacial-marketNeurosurgery & ENT, orthognathic & dental, plastic surgery, and others constitute as market applications.
The Craniomaxillofacial (CMF) Devices/System Market 2021 research report gives emerging industry data, global segments and regional outlook.
This report covers up all details such as size, share, value, growth, restraints, and opportunities for the year 2020 to 2027.
The report generated using various analysis tools like porter’s five forces model, market attractiveness and value chain.
The report gives comprehensive review of the global market helping to club revenue generation and profitable business to transform client’s success.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the craniomaxillofacial (CMF) devices/system market includes Aesculap Implant Systems, Inc, Integra LifeSciences, Johnson & Johnson, KLS Martin L.P, Medartis AG, Medtronic Plc, OsteoMed L.P., Stryker Corporation, TMJ Concepts, W. L. Gore & Associates, Inc and Zimmer-Biomet Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Craniomaxillofacial (CMF) Devices/System Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/craniomaxillofacial-cmf-devices-system-market/download-sampleMarket DynamicsThe rising demand for reconstructive surgery and increasing investment in the healthcare industry is driving market growth.
On the other hand, the high cost associated with craniomaxillofacial surgery may restrict market growth.
Global Craniomaxillofacial (CMF) Devices Market Research Report: Information by Product (Cranial Flap Fixation, Craniomaxillofacial Fixation (CMF) Distraction, Temporomandibular Joint Replacement, Thoracic Fixation, Bone Graft Substitute, CMF Plate and Screw Fixation and Dural Repair (Dural Sealants and Dural Substitutes)), Material (Metals & Alloys, Bioabsorbable, Ceramics, Polymers and others), Application (Neurosurgery, ENT, Orthognathic & Dental Surgery, Plastic surgery and others), End User (Hospitals, Ambulatory Surgical Centers and Others) and Region - Global Forecast till 2024Market Highlights:The Global Craniomaxillofacial Devices Market is expected to grow significantly over the forecast period.
It is anticipated that the market held a valuation of USD 2422 million in 2018 and is projected to register a CAGR of 7.2% over the forecast period.The increasing participation of key players is one of the key factors driving the craniomaxillofacial devices market.
In 2019, Kelyniam Global (KLYG) received premarket FDA approval for unique modifications to their PEEK cranio-maxillofacial implant product line.Various other factors such as the acceptance of craniomaxillofacial (CMF) devices in ambulatory settings, increasing geriatric population, untapped emerging markets, rise in regulatory approvals, and growing demand for bioresorbable devices are also expected to propel the growth of the market.However, the low success rate of surgical procedures and high costs and shortcomings of titanium implants can hamper market growth over the forecast period.Intended AudienceMedical devices companiesGovernment and private laboratoriesResearch and development (R) companiesResearch laboratoriesMarket research and consulting service providersAvail a Free Sample@ https://www.marketresearchfuture.com/sample_request/8011SegmentationThe global craniomaxillofacial devices market is segmented based on product, material, application, end user, and region.The global market for craniomaxillofacial (CMF) devices, by product, is segmented into cranial flap fixation, craniomaxillofacial fixation (CMF) distraction, temporomandibular joint replacementthoracic fixation, bone graft substitute, CMF plate, and screw fixation, and dural repair.
The dural repair segment is further classified as dural sealants and dural substitutes.Based on material, the market is segmented into metals and alloys, bioabsorbable, ceramics, polymers, and others.Based on application, the market is segmented into neurosurgery, ENT, orthognathic & dental surgery, plastic surgery, and others.Based on end user, the market is segmented into hospitals, ambulatory surgical centers, and others.The ambulatory surgical centers segment is expected to witness the fastest growth over the forecast period due to rising acceptance of craniomaxillofacial (CMF) devices in ambulatory settings.Regional AnalysisIn the current scope of the study, the segments mentioned above are covered into the four global regions, namely, the Americas, Europe, Asia-Pacific, and the Middle East and African region.The CMF devices market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.The European CMF devices market has been segmented into Western Europe and Eastern Europe.
Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The CMF devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific.
