Craniomaxillofacial Fixation Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Craniomaxillofacial Fixation Devices Market Analysis
The craniomaxillofacial fixation devices are expected to record a CAGR of 5.8% over the forecast period (2022-2027).
The COVID-19 outbreak significantly impacted the healthcare sector. As per the article published in 2020 under the title 'The Impact of COVID-19 on the Treatment of Craniomaxillofacial Trauma and Head and Neck Infections', the American Society of Plastic Surgeons (ASPS) advised that all plastic surgeons stop providing any elective or nonessential services by the new Centers for Medicare and Medicaid Services (CMS) recommendation that all elective surgeries, and nonessential medical, surgical, and dental procedures be delayed during the COVID-19 outbreak. Hence as per the factors mentioned above, COVID-19 had a significant impact on the craniomaxillofacial fixation devices market.
Increasing demand for minimally invasive surgeries is expected to drive the CMF devices market during the forecast period. Rising incidences of road accidents due to urbanization and industrialization and rising demand for effective reconstructive surgeries are expected to enable immense growth of the CMF devices market. For instance, as per the article published in 2022 under the title " Prevalence and pattern of mandibular fractures: A retrospective study in India", Mandibular fractures have multiple etiologies, including assault, sports injuries, and auto accidents. For men, assaults account for over 50% of mandibular fractures, but for women, falls and car accidents account for the majority of cases. Hence the increased number of mandibular fractures is likely to increase the adoption of craniomaxillofacial fixation devices and boost market growth.
The increasing prevalence of facial fractures and raising research and development in craniomaxillofacial fractures, and mergers and acquisitions are expected to result a growth of the studied market. For instance, in April 2021, Striker acquired TMJ Concepts, the company which offers patient-fitted prostheses for the reconstruction of the temporomandibular joint fabricated for the unique anatomy. The acquisitions are anticipated to increase the reconstruction portfolio of Stryker to a greater extent.
As per the aforementioned factors, the craniomaxillofacial fixation devices market is likely to grow over the forecast period. However, improper reimbursement policies restrain the market growth.
Craniomaxillofacial Fixation Devices Market Trends
This section covers the major market trends shaping the Craniomaxillofacial Fixation Devices Market according to our research experts:
Neurosurgery is Expected to Witness a Healthy CAGR Over the Forecast Period
It has been observed that the neurosurgery segment of the application is believed to register healthy growth in the future which is majorly attributed to the well-established product offerings from the key players who operate internationally. Along with that, the growing number of neurological diseases and their burden is augmenting the number of neurosurgeries across the globe. In developing countries such as India, the number of neurosurgeons is increasing due to the demand for this specialty. Also, companies such as Stryker Corporation, Zimmer Biomet, etc. are focusing on coming up with products that fulfill the demand for novel approaches to the craniomaxillofacial fixation surgeries in neurological disorders.
Moreover, the increasing healthcare spending, increasing investment by medical device manufacturers, and increasing neurological disease prevalence are expected to drive overall market growth. For instance, in June 2022, the Indian Council of Medical Research (ICMR) and the Department of Health Research (DHR) unveiled the ICMR-DHR-Centre of Excellence (CoE) for fostering 'MedTech'. The ICMR-DHR-Centre of Excellence was launched at IIT-Bombay, IIT-Delhi, IIT-Guwahati, IIT-Hyderabad, IIT-Kanpur, IIT-Kharagpur, and IIT-Madras. These centers have been set to develop the products, and technologies in synergy with the requirements of the National Health Mission, Ayushman Bharat, and the Public Health Program of the government. Through this initiative, medical device production is anticipated to increase and thereby causing market growth.
Therefore, owing to the above-mentioned factors, the neurology segment is believed to show considerable growth over the forecast period.
North America Dominates the Market and is Expected to Grow During the Forecast Period
The United States currently holds the largest share of the market studied and is expected to follow the same trend over the forecast period. Growth is primarily attributed to the increased number of sports and facial fractures along with the presence of all international players in the country. Factors such as increasing demand for minimally invasive surgeries and technological advancement in the field of craniomaxillofacial fixation also boost the market growth in the studied region.
Being one of the most developed healthcare systems, most of the major companies across the globe have a focus on the United States as this country is beneficial for companies to gain market share. Also, the number of surgeries performed in the United States is higher and is increasing each year which is having a positive impact on the market studied. The presence of competitors, research and development, and increased awareness program boost the market growth. For instance, the American Academy of Craniomaxillofacial Surgeons conducts annual meetings and in the meeting, they discuss the new advancements and research details in the field of craniomaxillofacial surgery. The 2021 annual meeting discussed the future perspective of fetal In-Utero neurosurgery and other surgical practices.
Thus, as per the factors mentioned above, the market is expected to grow significantly in North America over the forecast period.
Craniomaxillofacial Fixation Devices Industry Overview
The market for craniomaxillofacial fixation devices is moderately competitive with most of the international players dominating the market. Companies such as Stryker Corporation, Zimmer Biomet, Johnson & Johnson, etc. are some of the attractive players of this market. It is observed that with the technological advancements in the devices, few small to mid-sized companies will enter the market in the future and hold a substantial share.
Craniomaxillofacial Fixation Devices Market Leaders
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Stryker Corporation
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Zimmer Biomet
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Johnson and Johnson
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Medtronic
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Acumed LLC
*Disclaimer: Major Players sorted in no particular order
Craniomaxillofacial Fixation Devices Market News
- In June 2022, Ricoh USA, Inc. received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for RICOH 3D, craniomaxillofacial (CMF) and orthopedic patient-specific anatomic modeling,
- In February 2022, DePuy Synthes, part of Johnson &Johnson acquired CrossRoads Extremity Systems, a Tennessee-based foot, and ankle company that provides a broad range of procedure-specific, sterile-packed implants and instrumentation systems cleared for lower extremity indications.
Craniomaxillofacial Fixation Devices Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Growing Number of Sports and Facial Fractures
- 4.2.2 Increasing Demand for Minimally Invasive Surgeries
- 4.2.3 Technological Advancement in the Craniomaxillofacial Device
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4.3 Market Restraints
- 4.3.1 Improper Reimbursement Policies
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD Million)
-
5.1 By Techniques
- 5.1.1 Cranial Flap Fixation
- 5.1.2 CMF Distraction
- 5.1.3 Temporomandibular Joint Replacement
- 5.1.4 MF Plate and Screw Fixation
- 5.1.5 Others
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5.2 By Material
- 5.2.1 Metal
- 5.2.2 Biomatterials
- 5.2.3 Ceramic
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5.3 By Application
- 5.3.1 Neurosurgery & ENT
- 5.3.2 Orthognathic and Dental Surgery
- 5.3.3 Plastic Surgery
- 5.3.4 Others
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5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.2 Europe
- 5.4.2.1 Germany
- 5.4.2.2 United Kingdom
- 5.4.2.3 France
- 5.4.2.4 Italy
- 5.4.2.5 Spain
- 5.4.2.6 Rest of Europe
- 5.4.3 Asia-Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 South Korea
- 5.4.3.6 Rest of Asia-Pacific
- 5.4.4 Middle-East and Africa
- 5.4.4.1 GCC
- 5.4.4.2 South Africa
- 5.4.4.3 Rest of Middle-East and Africa
- 5.4.5 South America
- 5.4.5.1 Brazil
- 5.4.5.2 Argentina
- 5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Integra Lifesciences Corporation
- 6.1.2 Johnson & Johnson
- 6.1.3 Medartis AG
- 6.1.4 Stryker Corporation
- 6.1.5 OsteoMed
- 6.1.6 Zimmer Biomet Inc.
- 6.1.7 KLS Martin
- 6.1.8 Medtronic Plc
- 6.1.9 Smith+Nephew
- 6.1.10 B Braun (Aesculap Implant System LLp)
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Craniomaxillofacial Fixation Devices Industry Segmentation
As per the scope of the report craniomaxillofacial is a special branch of orthopedic surgery that focuses on all the aspects of skull and facial disorder. The surgery is usually performed for the treatment of severe injury to the cranial and facial bones. The Craniomaxillofacial Fixation Devices Market is segmented by Techniques (Cranial Flap Fixation, CMF Distraction, Temporomandibular Joint Replacement, MF Plate and Screw Fixation, Others) Material (Metal, Biomaterials, Ceramic), Application (Neurosurgery & ENT, Orthognathic and Dental Surgery, Plastic Surgery, Others) 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.
| By Techniques | Cranial Flap Fixation | |
| CMF Distraction | ||
| Temporomandibular Joint Replacement | ||
| MF Plate and Screw Fixation | ||
| Others | ||
| By Material | Metal | |
| Biomatterials | ||
| Ceramic | ||
| By Application | Neurosurgery & ENT | |
| Orthognathic and Dental Surgery | ||
| Plastic Surgery | ||
| Others | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle-East and Africa | GCC |
| South Africa | ||
| Rest of Middle-East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Craniomaxillofacial Fixation Devices Market Research FAQs
What is the current Global Craniomaxillofacial Fixation Devices Market size?
The Global Craniomaxillofacial Fixation Devices Market is projected to register a CAGR of 5.80% during the forecast period (2024-2029)
Who are the key players in Global Craniomaxillofacial Fixation Devices Market?
Stryker Corporation, Zimmer Biomet, Johnson and Johnson, Medtronic and Acumed LLC are the major companies operating in the Global Craniomaxillofacial Fixation Devices Market.
Which is the fastest growing region in Global Craniomaxillofacial Fixation Devices Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Craniomaxillofacial Fixation Devices Market?
In 2024, the North America accounts for the largest market share in Global Craniomaxillofacial Fixation Devices Market.
What years does this Global Craniomaxillofacial Fixation Devices Market cover?
The report covers the Global Craniomaxillofacial Fixation Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Craniomaxillofacial Fixation Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Global Craniomaxillofacial Fixation Devices Industry Report
Statistics for the 2024 Global Craniomaxillofacial Fixation Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Craniomaxillofacial Fixation Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
