Craniomaxillofacial (CMF) Devices Market Research Report - Forecast till 2027

Craniomaxillofacial (CMF) Devices Market Research Report: Information by Product (Cranial Flap Fixation, Craniomaxillofacial Fixation (CMF) Distraction, Temporomandibular Joint Replacement, Thoracic Fixation, Bone Graft Substitute, CMF Plate and Screw Fixation and Dural Repair (Dural Sealants and Dural Substitutes)), Material (Metals & Alloys, Bioabsorbable, Ceramics, Polymers and others), Application (Neurosurgery, ENT, Orthognathic & Dental Surgery, Plastic surgery and others) and Region - Forecast till 2027

ID: MRFR/HC/6539-HCR | February 2021 | Region: Global | 90 pages

Craniomaxillofacial (CMF) Devices Market Scenario

The Craniomaxillofacial (CMF) Devices Market is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 2422 million in 2018 and is projected to register a CAGR of 7.2% over the forecast period.

The increasing participation of key players is one of the key factors driving the craniomaxillofacial (CMF) devices market. In 2019, Kelyniam Global (KLYG) received premarket FDA approval for unique modifications to their PEEK cranio-maxillofacial implant product line.

Various other factors such as the acceptance of craniomaxillofacial (CMF) devices in ambulatory settings, increasing geriatric population, untapped emerging markets, rise in regulatory approvals, and growing demand for bioresorbable devices are also expected to propel the growth of the Craniomaxillofacial (CMF) Devices Market.

However, the low success rate of surgical procedures, and high costs and shortcomings of titanium implants can hamper craniomaxillofacial (CMF) devices market growth over the forecast period.

Segmentation

The craniomaxillofacial devices market is segmented based on product, material, application, end user, and region.

The global craniomaxillofacial (CMF) devices market, by product, is segmented into cranial flap fixation, craniomaxillofacial fixation (CMF) distraction, temporomandibular joint replacement

thoracic fixation, bone graft substitute, CMF plate and screw fixation, and dural repair. The dural repair segment is further classified as dural sealants and dural substitutes.

Based on material, the Craniomaxillofacial (CMF) Devices market is segmented into metals and alloys, bioabsorbable, ceramics, polymers, and others.

Based on application, the Craniomaxillofacial (CMF) Devices market is segmented into neurosurgery, ENT, orthognathic & dental surgery, plastic surgery, and others.

Based on end user, the Craniomaxillofacial (CMF) Devices market is segmented into hospitals, ambulatory surgical centers, and others.

In the current scope of the study, the segments mentioned above are covered into the four global regions, namely, the Americas, Europe, Asia-Pacific, and the Middle East and African region.

The craniomaxillofacial devices market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European craniomaxillofacial devices market has been segmented into Western Europe and Eastern Europe. Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The craniomaxillofacial devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The craniomaxillofacial devices market in the Middle East & Africa has been segmented into the Middle East and Africa.

Key Players

Aesculap Implant System LLp

Integra Lifesciences Corporation

Johnson & Johnson

Kanghui Orthopedic

KLS Martin

MATRIX SURGICAL USA

Medartis AG

Medtronic

OsteoMed

Stryker Corporation

TMJ Concepts

L. Gore and Associates

Regional Market Summary

Global Craniomaxillofacial (CMF) Devices Market Share (%), by Region, 2017

Sources: MRFR Analysis

The Americas dominated the global market for CMF devices owing to the rising number of craniofacial surgeons within the region. As per the 2017 data published in the Journal of Surgical Education, the number of craniofacial surgery fellowship graduates were increasing. It was reported that around 175 craniofacial surgeons were trained at 35 fellowship programs in 2017. Rising participation of market players is also strongly impacting the growth of the Americas craniomaxillofacial (CMF) devices market. For instance, in 2016, the US- and Brazil-based company, BioArchitects received FDA approval for 3D-printed titanium cranial/maxillofacial implant. This 3D Printing uses electron beam melting technology, which involves using electron beams to melt and fuse very fine metal powder.

In 2018, it was estimated that Europe stood second in the global Craniomaxillofacial (CMF) Devices market. Technological advancements, along with the availability of funding opportunities in research and innovation, will support market growth.

Asia-Pacific (APAC) is expected to represent the phenomenal CMF devices market growth throughout the forecast period due to rising prevalence of chronic conditions, growing awareness about CMF devices, and rising demand for minimally invasive surgeries. The population in developing economies is focusing towards minimally invasive procedures to treat a variety of medical and aesthetic imperfections.

On the other hand, the Middle East and Africa held the least share in the global CMF devices market due to the low economic development, especially within the African region.

Research Methodology

Market Research Future research is conducted by industry experts who offer insights into industry structure, market segmentation, assessment, Competitive Landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (~ 80%) and secondary research ( 20%), their analysis is based on their years of professional expertise in respective industries. Our analysts also predict where the market will be headed in the next five to ten years by analyzing historical trends and current market positions. Furthermore, the varying trends of segments and categories geographically presented are studied and are estimated based on the primary and secondary research.

Primary Research
- Extensive primary research was conducted to gain a deeper insight into the market and industry performance. In this particular report, we have conducted primary surveys (interviews) with key level executives (VPs, CEOs, Marketing Directors, Business Development Managers, and many more) of major players who are active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed, over the next five to ten years.

Secondary Research
- Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and commercial study of the craniomaxillofacial (CMF) devices market. It was also used to obtain key information about major players, market classification, and segmentation according to industry trends, geographical markets, and developments related to the market and perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, SEC filings, journals, white papers, corporate presentations, company web sites, international organization of chemical manufacturers, some paid databases, and many others.

Market Segmentation

Craniomaxillofacial (CMF) Devices Market, by Product

Cranial Flap Fixation

Craniomaxillofacial Fixation (CMF) Distraction

Temporomandibular Joint Replacement

Thoracic Fixation

Bone Graft Substitute

CMF Plate and Screw Fixation

Dural Repair
- Dural Sealants
- Dural Substitutes

Craniomaxillofacial (CMF) Devices Market, by Material

Metals and Alloys

Bioabsorbable

Ceramics

Polymers

Others

Craniomaxillofacial (CMF) Devices Market, by Application

Neurosurgery

Orthognathic and Dental Surgery

Plastic surgery

Others

Craniomaxillofacial (CMF) Devices Market, by End User

Hospitals

Ambulatory Surgical Centers

Others

Intended Audience

Medical devices companies

Government and private laboratories

Research and development (R&D) companies

Research laboratories

Market research and consulting service providers

Report Scope:

Report Attribute/Metric	Details
Market Size	2018: USD 2422 million 2027: Significant Value
CAGR	7.2% (2019-2024)
Base Year	2019
Forecast Period	2020-2027
Historical Data	2018
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Product, Material, Application, End user
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	Aesculap Implant System LLp, Integra Lifesciences Corporation, Johnson & Johnson, Kanghui Orthopedic, KLS Martin, MATRIX SURGICAL USA, Medartis AG, Medtronic, OsteoMed, Stryker Corporation, TMJ Concepts, L. Gore and Associates
Key Market Opportunities	New product launches and R&D Amongst major key Players
Key Market Drivers	Increasing participation of key players Acceptance of craniomaxillofacial (CMF) devices in ambulatory settings Increasing geriatric population Untapped emerging markets Rise in regulatory approvals Growing demand for bioresorbable devices

Frequently Asked Questions (FAQ) :

With what CAGR the Craniomaxillofacial (CMF) devices market would grow during the forecast period of 2019 to 2024?

The Craniomaxillofacial (CMF) devices market is slated to grow with 7.2% CAGR during the forecast period of 2019 to 2024.

What is the prime factor driving the Craniomaxillofacial (CMF) devices market growth?

The prime factor to drive the Craniomaxillofacial (CMF) devices market growth is the increasing participation from various market players.

What could prevent the Craniomaxillofacial (CMF) devices market from growth?

Low success rate, high cost, and problems with titanium implants can deter the Craniomaxillofacial (CMF) devices market growth.

Which region leads the global Craniomaxillofacial (CMF) devices market?

The Americas would lead the global Craniomaxillofacial (CMF) devices market.

Which region would be the fastest-growing in the global Craniomaxillofacial (CMF) devices market?

The Asia Pacific would be the top of the global Craniomaxillofacial (CMF) devices market in terms of growth rate.

Table of Contents

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Macroeconomic Indicators

4.5 Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Opportunities

5.4 Pricing Analysis

Chapter 6. Global Craniomaxillofacial (CMF) Devices Market, by Product

6.1 Introduction

6.2 Cranial Flap Fixation

Market Estimates & Forecast, by Region, 2020-2027