Global Cranial Implants Market Size (2024 - 2029)

Cranial Implants Market Analysis

The cranial implants market is expected to register a CAGR of nearly 5.6 % during the forecast period (2022-2027).

COVID-19 had affected the overall healthcare industry. Elective surgeries were massively delayed due to the sudden shutdown of a lot of healthcare services during the pandemic. As per the article published in 2021 under the title 'Impact of the Coronavirus (COVID-19) pandemic on surgical practice - Part 2 (surgical prioritisation)', all specialties have written guidelines for how to handle the pandemic, which has had a substantial impact on surgical practice. Every specialty had to prioritize the urgency of their routine surgical operations and, when practical, look into non-surgical care options. The Pandemic has affected workplace practices, surgical methods, open vs. minimally invasive procedures, theatre workflow, patient, and staff safety, as well as education and training. As per the point mentioned above, COVID-19 had a significant impact on the cranial implant market.

The major factors attributing to the growth of the cranial implants market are a rise in the number of brain tumors, an increased geriatric population, and enhanced public health awareness and measures that have led to rapid and effective medical interventions. For instance, as per Cancer.Net, brain and other nervous system cancer is the 10th leading cause of death for men and women. It is estimated that 18,280 adults in the United States (10,710 men and 7,570 women) were anticipated to be in a high-risk category for primary cancerous brain and CNS tumors in 2022. Worldwide, an estimated 251,329 people died from primary cancerous brain and CNS tumors in 2020.

Furthermore, the rise in government support, combined with increased research activities in technological advancements, fuels the cranial implants market. For instance, in 2021, the World Federation of Neurology announced its Brain Health Initiative, which intended to educate people regarding the importance of brain health. Education and advocacy through the initiative are likely to help people in the fight to improve brain health.

Hence as per the factors mentioned above, the cranial implant market is anticipated to witness growth over the forecast period. However, the high cost of cranioplasty and neurosurgical procedures may hamper the market growth.

Cranial Implants Industry Segmentation

As per the scope of the report, cranial implants are the devices used in cranioplasty, a surgical procedure used to reconstruct the defects or deformities of the skull caused by the traumatic brain injury, ischemic diseases, or brain tumors. These implants are made up of biocompatible materials such as ceramics, metals, and polymers. The Cranial Implants Market is segmented by Type (Customized Cranial Implants and Non-Customized Cranial Implants), Material (Polymer, Ceramic, Metal), End-User (Hospitals, Neurosurgery Specialty Centers), and Geography (North America, Europe, Asia-Pacific, Middle-East, and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.