Craniomaxillofacial Implants Market by Type (Mid Face, Plates, Screws, Mandibular Orthognathic Implants, Neuro, Mesh, Bone Graft, Dural Repair), by Material of Construction (Titanium, Polymer), by Application Site & Property - Global Forecasts to 2021
The global craniomaxillofacial implants market is expected to reach USD 2.49 billion by 2021 from USD 1.79 billion in 2016 at a CAGR of 6.9% from 2016 to 2021. The global craniomaxillofacial implants market is broadly classified into type, application site, material of construction, property and regions. The mid-face implants segment is expected to account for the largest share of the craniomaxillofacial implants market by type. The growth of this market segment is mainly due to increasing number of road accident injuries and trauma cases globally.
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The titanium, other metals, and alloys segment is expected to account for the largest share of the craniomaxillofacial implants market by material of construction. Polymers/biomaterials segment is expected to witness highest growth rate in the craniomaxillofacial implants market in 2016. This growth is attributed due to the growing preference for polymers/biomaterials as a result of their resorbable properties among the clinicians across the globe.
Geographically, the craniomaxilofacial implants market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). Growth in the North American segment is primarily driven by increasing number of road accident injuries, rising prevalence of congenital facial deformities.
The major factors driving the growth of this market are increasing number of road accidents, trauma cases, rising demand for minimally invasive reconstruction surgeries, rising prevalence of congenital facial deformities, and technological advancements. On the other hand, high cost of craniomaxillofacial surgeries is a major factor expected to restrain the growth of this market during the forecast period.
Apart from comprehensive geographic and product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles comprise the product portfolios, developments, and strategies adopted by the market players to maintain and increase their shares in the market. The above-mentioned market research data, current market size, and forecast of the future trends will help key market players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, and levels of output in order to remain successful in the market.
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Report Published: "Craniomaxillofacial Implants Market - Global Forecasts to 2021"
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001