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

The Business Research Company’s cranial implants market report forecasts the cranial implants market size to grow to $1.45 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

Learn More On The Cranial Implants Market Report 2023 – https://www.thebusinessresearchcompany.com/report/cranial-implants-global-market-report

Cranial Implants Market Size Forecast
The global cranial implants market is expected to grow from $1 billion in 2022 to $1.1 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. 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, causing inflation across goods and services and affecting many markets across the globe. The cranial implants market size is expected to grow to $1.45 billion in 2027 at a CAGR of 7.1%.

North America held the largest cranial implants market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Cranial Implants Market Driver ­– Rise In The Prevalence Of Neurological Diseases And Road Accidents
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.

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Key Cranial Implants Market Trend – Launching 3D Printing
3D printing is an emerging technology in the cranial implants market. 3D printing is the method of making three-dimensional solid objects from digital data. For instance, in 2020, Graz University of Technology (TU Graz) and the Medical University of Graz in Austria, released a free automated design software to design 3D printable cranial implants. The program utilizes deep learning algorithms to automatically replace the missing portion of a skull. An STL file for a patient-specific implant can immediately be generated by decreasing the defective skull from the performed one. This process allows implants to be 3D printed on-site and drastically reduces the actual lead time.

Cranial Implants Market Segment
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

Cranial Implants Market Major Players and Strategies
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.

In July 2020, Medtronic plc, a US-based medical device company that offers surgical devices, respiratory monitoring systems, medical equipment, and other equipment acquired Medicrea for a value of $ 8.2 (€7.00) per Medicrea share. This acquisition would increase Medtronic’s position as a global innovator in licensing technologies and solutions for spine surgery. Medicrea is a US manufacturer of medical devices and offers a variety of implants for the cervical spine and bone substitutes for the thoracic spine.

The Cranial Implants Global Market Report 2023 covers regional data on cranial implants market size, cranial implants market trends and drivers, opportunities, strategies, and cranial implants market competitor 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 for protecting intracranial structure, reconstructing the skull shape, normalizing cerebral hemodynamics, and also during cranial reconstruction procedures after cranial defects.

View More Reports Related To The Cranial Implants Market –
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