The Increasing Number of Surgeries and Growing Demand for the Resurrection of Facial Defects to Drive the Craniomaxillofacial Devices

Wed, 23 December 2020 10:55

Craniomaxillofacial devices are surgical devices most predominantly implants used in the craniomaxillofacial surgeries to treat injuries, defects, and diseases in the head, neck, face, jaws, hard and soft tissues of the oral and maxillofacial region. For example, facial plastic surgery is a very common type of surgery used to rectify or modify physical features in the Craniomaxillofacial region.

The market is driven by factors such as a high incidence of accidents and sports injuries, a growing number of CMF surgeries, increasing awareness among people, growing preference for non-invasive means of surgery. Moreover, rising healthcare expenditures are some other factors that influence the demand for market products. Further, the incorporation of technological advancements such as 3D printed implants used in cranial reconstructive surgery is increasing applications and influencing large scale adoption.

In January 2017, OSSDSIGN was awarded approval from the U.S. Food and Drug Administration (FDA) for its OSSDSIGN Cranial implants. These are fully customizable implant can have advantages such they prevent infection. These benefits are expected to widen the market scope. Additionally, many key players are taking strategic initiatives to establish wider distribution systems to increase geographical reach and expand the product portfolio. On the other hand, the high cost of craniomaxillofacial surgeries is a major factor expected to restrain this growth during the forecast period.

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Impact of COVID-19 on Craniomaxillofacial Devices Market

The COVID-19 pandemic has caused havoc and has put the global healthcare network under tremendous pressure. The global COVID-19 pandemic has heavily impacted the market dynamics of craniomaxillofacial devices. According to an article published in the National Centre for Biotechnology and Information (NCBI), surgeons worldwide have postponed most of the CMF surgeries, which has impacted the revenue flow for the market leaders. These actions are taken to reduce the risk of patients being exposed to the infection. Due to the massive crisis of support and healthcare infrastructure, hospitals are fully dedicated to acting as intensive care units for COVID positive patients. Thus, overall, this has increased the market projectile for the craniomaxillofacial devices market.

Key Highlights

  • The global craniomaxillofacial devices market was valued at USD 1400 million in 2019 and is expected to grow at 7.5% CAGR during the forecast period.
  • The CMF plate and screw fixation segment dominate the global market in terms of revenue due to frequent usage and higher revenue.
  • The trauma reconstruction surgery segment valuation surpasses other applications and therefore dominates the market in terms of revenue.
  • The American regional market dominates over other regions owing to the extensive adoption of CMF products.
  • Asia-Pacific market offers untapped opportunity pockets to the market players and therefore is expected to achieve accelerated growth during the forecast period.

Global Craniomaxillofacial Devices Market: Segmentation

By Product Type

  • CMF Plate and Screw Fixation System
  • Cranial Flap Fixation System
  • CMF Distraction System
  • Temporomandibular Joint Replacement System
  • Thoracic Fixation System
  • Bone Graft Substitute System

By Implant Type

  • Standard Implants
  • Customized/Patient-specific Implants

By Location

  • Internal Fixators
  • External Fixators

By Materials

  • Metals
  • Bioabsorbable Materials
  • Ceramics
  • Polymers

By Application

  • Trauma Reconstruction Surgery
    • Cranial Surgery
    • Mid-face Surgery
    • Mandibular Surgery
    • Orbital Floor Reconstruction Surgery
  • Orthognathic Surgery
  • Plastic Surgery

By Device Type

  • Reconstruction Surgery Devices
  • Trauma Surgery Devices

By End-User

  • Hospitals
  • Ambulatory Surgery Centers
  • Others

By Region

  • America
  • Europe
  • Asia-Pacific
  • The Middle-East and Africa

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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