The cranial and facial implants market may garner substantial growth during the forecast period of 2020-2030. The rising prevalence of accidents across the globe and the escalating demand for feature enhancements of the face across a large chunk of the populace may serve as significant growth influencers.
Clinically, cranial and facial implants are generally used for correcting cranial defects greater than 3 cm. These implants help an individual treat cranial defects caused due to brain injury, genetic disorders, accidents, and other factors. These implants are generally made of polymethyl methacrylate, titanium, and porous polyethylene. The material to be used is prominently dependent on the intensity of the defect and concerned surgeon’s decision. Hospitals, ambulatory surgical centers, and specialty clinics are the end-users of cranial and facial implants.
This report on the cranial and facial implants market enlightens the stakeholders and CXOs about the recent developments and the current scenario. The changing market dynamics have been presented in the report in a detailed and precise manner so that the stakeholders can grasp every point without any difficulty and take steps accordingly.
The TMR researchers have focused on each and every growth parameter related to the cranial and facial implants market and have conducted exhaustive research. All these points have been included in the report. The report also contains details about the COVID-19 impact on the cranial and facial implants market and the vital threats that the cranial and facial implants market may face between 2020 and 2030.
The cranial and facial implants market is highly consolidated, with a few well-established players involved in intense competition. The players always try to keep the implant material and other aspects in tandem with the current trends. This factor ensures increased revenues for the players.
Focus on intense research and development activities helps the players discover new insights into cranial and facial implants, eventually increasing the revenues. Furthermore, activities like mergers, acquisitions, joint ventures, collaborations, and partnerships help the players strengthen their position across the cranial and facial implants market. This aspect further invites ripe growth opportunities for the cranial and facial implants market.
Some well-entrenched players in the cranial and facial implants market are B. Braun Melsungen AG, Matrix Surgical USA, Osteomed L.P, Medartis AG, Stryker Corporation, and Calavera Surgical Design.
The heightening number of hospital admissions across the globe for cases related to brain injuries and hospitals are bringing expansive growth prospects for the cranial and facial implants market. The rising instances of congenital deformities are also influencing the growth to a great extent.
Technological advancements are adding extra stars of growth to the cranial and facial implants market. For instance, the FDA recently approved Kelyniam’s integrated fixation system (IFS) tabs. Generally, surgeons need to apply additional hardware to an implant to fit it into the skull. With IFS, surgeons can simply screw it in place, thus saving time. Hence, such developments accelerate the growth prospects of the cranial and facial implants market.
The cranial and facial implants market in North America may generate promising growth during the forecast period of 2020-2030. The prevalence of accidents and brain injuries is increasing day by day. Hence, this aspect may serve as a vital growth-generating factor for North America’s cranial and facial implants market in. Robust and well-established healthcare infrastructure is also a crucial factor that will invite ample growth opportunities.