Craniomaxillofacial is a special branch of orthopaedic surgery that focuses on all the aspects of skull and facial disorder. The surgery is usually performed for the treatment of severe injury to the cranial and facial bones. Global Craniomaxillofacial devices market is expected to bolster in the near future holding the fact that more and more people are obtaining craniomaxillofacial surgeries due to increasing awareness of the same.
Craniomaxillofacial is the common surgery that are undertaken for patients requiring facial or carnial bone treatment due to any cranio maxillofacial injuries and other trauma fractures. Car accidents are the common reason for most of the craniomaxillofacial surgeries. The rising rate of incidences of facial fractures followed by the increasing number of surgeries undertaken is anticipated to grow the global craniomaxillofacial market. There are many different types of material implants used in the surgery which are made of metal alloys, ceramic material, polymers and biological materials.
The global craniomaxillofacial market is expected to grow at a significant rate despite of the economic slowdown due to the rising number of procedure volumes in the area following the favorable demographics and increased usage of premium-priced products. Also there is been an increase in the merger and acquisition activities from orthopedic companies so as to enter in the high growth markets.
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The emerging craniomaxillofacial devices market has been experiencing a phase of new product development and technological advancements due to greater demand. The manufacturing companies are raising their respective market share with aggressive marketing activities and growing awareness among people.
Global Craniomaxillofacial Devices Market: Drivers & Restraints
The global craniomaxillofacial devices market is expected to grow due to several factors such as increasing incidences of facial fractures, emergence of the new procedures and technologies and there clinical success, increasing expenditures on healthcare by the population and increasing rate of sports-related injuries.
There is also a lack of alternatives for facial surgeries which is again responsible to the drive the global craniomaxillofacial devices market. On the other hand due to existing and upcoming advance technologies such as minimal invasive surgery and better implant materials are making it more widely accepted even by the younger populace.
Despite of being widely used procedure for curing extremely debilitating diseases, the global craniomaxillofacial devices market is facing some challenges such as economic slowdown that is preventing the market from growing. Some of the other growth restraining factors of the global craniomaxillofacial devices market can be high surgery cost, increasing competition and lack of awareness amongst the existing patients. Also factors such as multiple surgery requirements is also restraining the people to adopt the surgery and ultimately restraining the growth of the global craniomaxillofacial devices market.
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Global Craniomaxillofacial Devices Market: Segmentation
By product type, the global craniomaxillofacial devices market is segmented as follows:
Plate and screw fixation
Flap fixation devices
Distraction systems
Temporomandibular joint (TMJ) replacement devices
By location type, the global craniomaxillofacial devices market is segmented as follows:
Internal Fixator
External Fixator
By material type, the global craniomaxillofacial devices market is segmented as follows:
Calcium ceramics
Metals and alloys
Polymers
Biological materials
Global Craniomaxillofacial Devices Market: Region-wise Outlook
The craniomaxillofacial devices market is expected to register a favourable growth for the forecast period, 2015?2025. The North America is projected to endure control on the global craniomaxillofacial market. The demand for craniomaxillofacial surgery devices in surging across Asian regions. The factors contributing to the rising demand in APAC are growing awareness for the possible treatments and aging population which is more vulnerable to the factures due to falling. Some of the fastest growing markets for craniomaxillofacial devices market are China, Japan and some regions in South East Asia.
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Global Craniomaxillofacial Devices Market: Key Players
The key players in the global craniomaxillofacial devices market players are Johnson & Johnson Services, Inc., Stryker Corporation, Zimmer Holdings, Inc., B. Braun Melsungen AG, CONMED, KLS Martin LP, Medtronic, Inc., Medartis AG, Integra LifeSciences Holdings Corporation, Boston Medical Products, Inc. etc.