Comprehensive Cranial Implants Market Analysis, By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
North America held the largest cranial implants market share in 2022.
The global cranial implants market size will grow from $1 billion in 2022 to $1.1 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The cranial implants market size is expected to grow to $1.45 billion in 2027 at a CAGR of 7.1%.
Major Driver In The Cranial Implants Market – Rise In The Prevalence Of Neurological Diseases And Road Accidents
A cranial implant will allow doctors to view inside the brain without having to drill a new hole in the skull each time, making the treatment of neurological disorders easier. According to the Parkinson’s Foundation, roughly one million people in the United States will have Parkinson’s disease (PD) by 2020. According to the World Health Organization, vehicle accidents kill around 1.35 million people each year. Accidents result in skull fractures, brain damage, and other disorders. As a result, the increased prevalence of neurological illnesses and traffic accidents is propelling the cranial implants market forward.
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Key Cranial Implants Market Segments
1) By Type: Customized Cranial Implants, Non-customized Cranial Implants
2) By Material: Polymer, Ceramic, Metal
3) By End User: Hospital and Trauma Centers, Ambulatory Surgical Centers, Speciality Clinics, Other End-Users
Recent Cranial Implants Market Trend – 3D Printing
Graz University of Technology (TU Graz) and the Medical University of Graz in Austria, for example, launched a free automated design program to build 3D printable cranial implants in 2020. Deep learning methods are used by the computer to automatically replace a missing part of a skull. By subtracting the defective skull from the performed one, an STL file for a patient-specific implant can be generated immediately. This method allows implants to be 3D printed on-site, significantly reducing the real lead time.
Cranial Implants Market Prominent Players
Major players in the cranial implants market are B. Braun Melsungen AG, DePuy Synthes (Johnson and Johnson), Stryker Corporation, Zimmer Biomet, Kelyiniam Global Inc., Medartis AG, Osteomed, KLS Martin Group, Renishaw PLC., Xilloc Medical B.V., Medtronic, Ortho Baltic, Evonos, and Synimed.
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The Cranial Implants Global Market Report 2023 provides a comprehensive overview on the cranial implants market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the cranial implants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Cranial implants are used to protect intracranial structure, repair skull shape, normalize cerebral hemodynamics, and to aid in cranial reconstruction surgeries following cranial abnormalities.
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