Craniomaxillofacial Devices Market size over $1.9bn by 2023

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Craniomaxillofacial Devices Market size over
1.9bn by 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Craniomaxillofacial Devices
Market

• Global craniomaxillofacial devices market size
  estimates were USD 1.14 billion in 2015, with
  industry growth anticipation of 6.8 CAGR.
• U.S. craniomaxillofacial devices market share
  dominated North America, with country revenue
  being more than 88 of overall regional sales in
  2015.  
• Europe craniomaxillofacial devices market size is
  forecast to see moderate growth from sales
  revenue of USD 227 million in 2015, with Germany
  and UK being key counteries.
• Metal Fixation (MF) plates and screw fixation
  dominated the global craniomaxillofacial devices
  market share in 2015, with more than USD 830
  million in sales.

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Continued...

• The introduction of titanium cranial fixation
  system and increasing efficacy of the devices
  will drive cranial flap fixation segment growth.
• CMF distraction system consists of footplates,
  screws, extension arms and distractor body,
  however, demand will be predominantly driven by
  its extensive use as a bone stabilizer. This has
  been further segmented on the basis of region
  which is decided for the reconstruction into
  mandibular, alveolar and midface distractor, with
  overall revenue expansion pegged at 8.8 CAGR.
• Industry competitive rivalry is likely to remain
  moderately high, due to presence of global
  multinationals. These companies are incessantly
  involved in introducing technologically advanced
  products, with frequent collaborations research
  alliances to further widen product portfolio.

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U.S.  Craniomaxillofacial Devices Market Size, by
material, 2012 - 2023 (USD Million)

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360 Analysis

• Product Analysis
• Metal Fixation (MF) plates and screw fixation
  dominated the overall craniomaxillofacial devices
  market share in 2015, with over USD 830 million.
  Increasing craniomaxillofacial surgery
  procedures, due to growing geriatric population,
  and rising demand for technologically advanced
  and minimally invasive devices should pull the MF
  plates and screw fixation market growth.
• Regional Analysis
• North America, driven by U.S. craniomaxillofacial
  devices market size is forecast to exceed USD 1
  billion by 2023, still remaining the largest
  regional industry. Developed healthcare
  infrastructure, and rising prevalence of facial
  fractures and facial deformities due to rapid
  industrialization and urbanization in the region
  are the key driving factors over the forecast
  period.
• Competitive Market Share
• Global craniomaxillofacial devices market share
  is competitive in nature and dominated by limited
  number of players. Stryker Corporation, KLS
  Martin LP, Zimmer-Biomet, Inc. and Medtronic are
  predominant industry players.

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