United States Craniomaxillofacial Devices Market Trends/Analysis Report 2022: A $2.1 Billion Market by 2030 - Bioabsorbable Materials are Anticipated to be the Fastest-Growing Segment - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "U.S. Craniomaxillofacial Devices Market Size, Share & Trends Analysis Report by Product (CMF Plate & Screw Fixation, Temporomandibular Joint Replacement), by Material, by Application, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The U.S. craniomaxillofacial devices market size is expected to reach USD 2.1 billion by 2030
The market is anticipated to expand at a CAGR of 9.1% from 2022 to 2030. The rising incidence of facial fractures due to sports injuries and road accidents, and increasing aesthetic consciousness are the key factors driving the product demand. The demand for Temporomandibular Joint Replacement is projected to witness a rise during the forecast period due to high adoption.
When a patient needs face or cranial bone surgery because of trauma-related fractures or other craniomaxillofacial injuries, they frequently undergo craniomaxillofacial surgery. Craniomaxillofacial devices are used in aesthetics and facial reconstruction. The devices mostly find application in neurosurgery, orthognathic and dental surgery, and plastic surgery.
The COVID-19 outbreak had a detrimental effect on the market for CMF devices since the manufacturers of products for elective procedures saw a significant drop in sales, as a result of production slowdown, a reduction in working hours, and layoffs.
The Covid-19 problem had the greatest effect on the neurological product line. Due to the suspension of non-essential surgeries, orders were delayed and consumable sales were decreased. Covid Care Centers were created to house plastic surgeons, and only emergencies were treated with plastic surgery.
However, the post-pandemic period has seen a good recovery looking at the sales revenue generated by the companies. For instance, according to Johnson and Johnson financial report 2021, In all of its businesses, including Surgery, Interventional Solutions, Vision, and Orthopaedics,
Medical Devices worldwide adjusted operational sales increased by 16.8%, mainly attributable to the market's recovery from COVID-19 impacts and the resulting postponement of medical procedures in the prior year.
U.S. Craniomaxillofacial Devices Market Report Highlights
- CMF Plate and Screw fixation devices emerged as the largest product type segment in 2021 accounting for the largest revenue share of over 73.0%
- Bioabsorbable materials are anticipated to be the fastest-growing material segment over the forecast period
- Some of the key players operating in the market include Stryker Corporation; Medtronic Plc; KLS Martin L.P; Medartis AG; Johnson & Johnson; W. L. Gore & Associates, Inc; TMJ Concepts; Integra LifeSciences; OsteoMed L.P.; Aesculap Implant Systems, Inc; Zimmer-Biomet Inc.
Key Topics Covered:
Chapter 1 Research Methodology & Scope
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Market Variables, Trends& Scope
3.1 Market Segmentation & Scope
3.2 Market Driver Analysis
3.2.1 Increasing incidence of sports and facial fractures
3.2.2 Rising demand for minimally invasive surgeries
3.2.3 Technological advancements in the management of craniomaxillofacial injuries
3.3 Market Restraint Analysis
3.3.1 Lack of reimbursement policies for patient-specific devices
3.4 Penetration & Growth Prospect Mapping
3.5 U.S. Craniomaxillofacial Devices - SWOT Analysis, By Factor (Political & Legal, Economic And Technological)
3.6 Industry Analysis - Porter's Five Forces
3.7 COVID-19 Impact Analysis
Chapter 4 U.S. CMF Devices Market: Product Estimates & Trend Analysis
4.1 U.S. Craniomaxillofacial Devices Market: Product Movement Analysis
4.2 Cranial Flap Fixation Market
4.2.1 Cranial flap fixation market, 2018 - 2030 (USD Million)
4.3 CMF Distraction
4.4 Temporomandibular Joint
4.5 Thoracic Fixation
4.6 Bone Graft Substitutes (BGS)
4.7 Metal Facial (MF) Plate And Screw Fixation
Chapter 5 U.S. CMF Devices Market: Material Estimates & Trend Analysis
5.1 U.S. Craniomaxillofacial Devices Market: Material Movement Analysis
5.2.1 Metals market, 2018 - 2030 (USD Million)
Chapter 6 U.S. CMF Devices Market: Application Estimates & Trend Analysis
6.1 U.S. Craniomaxillofacial Devices Market: Application Movement Analysis
6.2 Neurosurgery and ENT Surgery
6.2.1 Neurosurgery and ENT market, 2018 - 2030 (USD Million)
6.3 Orthognathic and Dental Surgery
6.4 Plastic surgery
Chapter 7 Competitive Landscape
- Stryker Corporation
- Medtronic Plc
- KLS Martin Group
- Medartis AG
- Johnson & Johnson
- W. L. Gore & Associates, Inc.
- TMJ Concepts
- Integra LifeSciences
- OsteoMed L.P.
- Aesculap Implant Systems, LLC
- Zimmer Biomet Inc.
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