How Will The Cranial Implants Market Grow In 2022?
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The cranial implants market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of 10% as per The Business Research Company’s market report!
Read More On The Cranial Implants Market Report 2022 – https://www.thebusinessresearchcompany.com/report/cranial-implants-global-market-report
The Cranial Implants Market Size In 2022 And Forecast
The global cranial implants market is expected to grow $0.83 billion in 2020 to $0.92 billion in 2021 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The cranial implants market is expected to reach $1.35 billion in 2025 at a CAGR of 10%.
The cranial implants market consists of sales of cranial implants and related services by entities (organizations, sole traders, and partnerships) that manufacture cranial implants, which are plate-type medical devices that vary in size and configuration.
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Rise In The Prevalence Of Neurological Diseases And Road Accidents Is Driving The Growth Of The Cranial Implants Market
According to Parkinson’s Foundation, in 2020, approximately one million cases were suffering from Parkinson’s disease (PD) in the U.S. According to the world health organization, approximately 1.35 million people die every year from road accidents. Accidents cause a skull fracture, brain damage, and other related conditions. Therefore, the rising prevalence of neurological diseases and road accidents is driving the growth of the cranial implants market.
Competitive Landscape And The Regional Analysis Of The Cranial Implants Market
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.
The Cranial Implants Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the cranial implants market.
3D Printing – A Key Trend In The Cranial Implants Market
3D printing is the method of making three-dimensional solid objects from digital data.
Cranial Implants Market Segmentation By The Business Research Company
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, Others
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