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.
Access Full Research Report on Global Craniomaxillofacial
(CMF) Devices Market Analysis:
http://www.grandviewresearch.com/industry-analysis/craniomaxillofacial-devices-market
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
View more reports of this category by Grand View Research
at: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the Global Craniomaxillofacial
(CMF) Devices 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 System 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 System Regional Outlook (Revenue, USD
Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- Japan
- China
- India
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
View
Press Release Of Global Craniomaxillofacial (CMF) Devices Market By Grand View Research: 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.
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.
For more Information visit us: www.grandviewresearch.com