Craniomaxillofacial Devices Market is expected to grow from its initial estimated value of USD 1.39 billion in 2018 to a projected value of USD 2.52 billion by 2026, registering a CAGR of 7.70% in the forecast period of 2019-2026. This rise in market value can be attributed to rise in innovations and advancements in the product and devices offerings.`
In addition, competitor analysis is carried out very well in the Craniomaxillofacial Devices market report which takes into account vital aspects about the key players in the market such as strong and weak points of the competitors and analysis of their strategies with respect to product and market. Such highlights about competitive landscape plays very important role in deciding about the enhancements required in the product that is already there in the market or the future product. The report endows with the estimations about the growth rate and the market value based on market dynamics and growth inducing factors. This Craniomaxillofacial Devices report has been made with a complete understanding of business environment which best suits the requirements of the client.
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Few of the major competitors currently present in the market are Johnson & Johnson Services, Inc.; Stryker; Medartis AG; Zimmer Biomet; B. Braun Melsungen AG; Invibio Ltd.; Antibe Therapeutics Inc.; GENERAL ELECTRIC; Matrix Surgical USA; Summit Medical Group; Integra LifeSciences; CONMED Corporation; KLS Martin Group; Medtronic; TMJ Concepts; OsteoMed and W. L. Gore & Associates, Inc.
Key Developments in the Market:
In September 2017, Johnson & Johnson Services, Inc. through its subsidiary DePuy Synthes announced the launch of 3D produced titanium-based facial surgical implants for the United States market. The product termed as “TRUMATCH Titanium 3D-Printed Implants” will be commercially distributed through a specialized distributor.
In June 2017, Summit Medical Group announced the launch of US FDA cleared maxilla-mandibular fixation (MMF) device, termed as “Minnie Ties Agile MMF”. The product is a first of its kind as it is a non-invasive product for use in jaw fractures.
In January 2017, Antibe Therapeutics Inc. announced the launch of “PentOS OI Max” company’s new bone graft substitute for use in dental biologics market.
Increasing incidences of trauma cases and injuries associated to the facial structures; this factor is expected to act as a driver for the market growth
Growth in demand for minimally invasive surgical procedures; this factor is expected to act as a driver for the market growth
High levels of cost to the products in craniomaxillofacial surgeries and cost of overall procedure is expected to act as a restraint to the market growth
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Segmentation: Global Craniomaxillofacial Devices Market
Bone Graft Substitute
MF Plate & Screw Fixation
Cranial Flap Fixation
Temporomandibular Joint Replacement
Neurosurgery & ENT
Orthognathic & Dental Surgery
Middle East & Africa
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Opportunities of the report
- To gain detailed overview of parent market
- To gain insights of the Changing market dynamics of the industry
- Strategies of key players and product offerings
- In-depth market segmentation
- Recent industry trends and developments
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