The Craniomaxillofacial (CMF) Devices And Equipment Market Share, Market Size, And Growth Rate 2022
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The craniomaxillofacial (CMF) devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 6%, as per The Business Research Company’s market report!
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The Craniomaxillofacial (CMF) Devices And Equipment Market Size In 2022 And Forecast
The global craniomaxillofacial (CMF) devices and equipment market grew from $1.51 billion in 2021 to $1.68 billion in 2022 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The craniomaxillofacial (CMF) devices and equipment market is expected to grow to $2.17 billion in 2026 at a CAGR of 6.7%.
The craniomaxillofacial (CMF) devices and equipment market consist of sales of craniomaxillofacial (CMF) devices and equipment-related services.
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Rise In Demand For Reconstructive Surgery Is Driving The Growth Of The Craniomaxillofacial (CMF) Devices And Equipment Market
For example, according to a report by the American Academy of Facial Plastic and Reconstructive Surgery (AAFPRS), a rise of 47% has been observed for cosmetic procedures since 2013.
Competitive Landscape And The Regional Analysis Of The Craniomaxillofacial (CMF) Devices And Equipment Market
Major players in the craniomaxillofacial (CMF) devices and equipment market are Stryker Corporation, KLS Martin L.P, Medtronic Plc, Medartis AG, TMJ Concepts, Zimmer-Biomet, OsteoMed, Integra LifeScience Holdings, W.L Gore & Associates, and DePuy Synthes.
Additionally, as per TBRC’s research – North America was the largest region in the craniomaxillofacial (CMF) devices and equipment market in 2021 holding the largest market share.
The Craniomaxillofacial (CMF) Devices And Equipment 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 craniomaxillofacial (CMF) devices and equipment 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 craniomaxillofacial (CMF) devices and equipment market.
Using 3D Printing Technology – A Key Trend In The Craniomaxillofacial (CMF) Devices And Equipment Market
3D Printing technology is a process of making complex structures that are built by stacking up thin layers on one another and cutting out complex edges. The use of 3D biomedical models during cranial and maxillofacial reconstructive surgery is extremely useful. The 3D models would help in preoperative planning by using the 3D modeling technique.
Craniomaxillofacial (CMF) Devices And Equipment Market Segmentation By The Business Research Company
1) By Product: Cranial Flap Fixation, CMF Distraction, Temporomandibular Joint Replacement, Thoracic Fixation, Bone Graft Substitute, MF Plate and Screw Fixation
2) By Material: Metals and alloys, Polymers
3) By End User: Hospital, Ambulatory Surgical Center
4) By Application, Neurosurgery & ENT, Orthognathic and Dental Surgery, Plastic Surgery
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