The global cranial implants market was
valued at US$ 792.2 Mn in 2017. It is projected to expand at a compound annual
growth rate (CAGR) of 6.8% from 2018 to 2026, according to a new report
published by Transparency Market Research (TMR) titled ‘Cranial Implants Market
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast,
2018–2026.’ The report suggests that an increase in the geriatric population
and rise in number of brain cancer and trauma cases are expected to propel the
cranial implants market in the near future (2018 to 2026). North America
is expected to dominate the global market, owing to an increase in the
geriatric population, rise in the patient population, and rise in technological
advances. The market in Asia Pacific is expected to expand at a CAGR of 7.6%
during the forecast period, due to an increase in the geriatric population,
rise in awareness, and increase in patient population in the region. Moreover,
research and development activities and initiatives by governments in the
health care sector are anticipated to further boost the market in Asia
Pacific.
Request a PDF Sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60159
Value-added Features in Cranial
Implants to Fuel the Global Market
The global cranial implants market is expected to be driven by
value-added features offered by various cranial implants in order to provide
effective and efficient implantation and restoration. Cranial implants are
designed to ensure increased success rates of treatments and fewer
complications. Cranial implants are used to repair cranial defects occurring
due to injury, infection, hemorrhagic diseases, and tumor invasion. Cranial
implantation takes place through cranioplasty, which is a surgical intervention
or procedure.
Request a PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=60159
A cranial bone defect can occur after injury, infection, and tumor
invasion or when an autogenous bone is unsuited for replacement after a
decompressive craniectomy due to brain infarction or hemorrhage. Earlier,
different types of materials were used for cranioplasty. With technological
advancements, new materials and technological interventions are available,
providing specificity for the patient population according to the treatment and
surgeon. Due to advancements in technology, cranial implants can be designed
according to skull defects and locations with further specifications included,
thereby making treatments more effective and convenient for neurosurgeons.
These attributes help medical professionals successfully provide treatments to
patients with increased success rates and comparatively less time requirements
for the treatment process. Key players operating the global cranial implants
market are developing patient-specific and technological advanced products with
value-added features. Market players are attaining government approvals and
launching new and advanced products. The products offer efficacy, swiftness,
and fewer complications. Key players are also actively participating in
acquisitions and mergers, thereby enhancing their product line. Companies are
also strengthening their research and developmental capabilities and are
emphasizing on technological advancements, thereby offering value-added
features in cranial implants.
Request for
Analysis of COVID19 Impact on Cranial Implants Market- https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=60159
Customized Cranial Implants Projected to
be Highly Lucrative Type
Cranial defects have traditionally been repaired with metal plates
or bone cement and were sometimes enforced with stainless steel grids.
The demerit of the conventional method is that a perfect fit
and curvature can be difficult to attain in
large reconstructions, specifically when the defect involves the
craniofacial junction . Customized cranial implants provides ease of
implantation process, better functionality, reduced risk of complications and
infections, and significantly reducing operator time, These implants are also
available in different composite materials and can be generated
through technologically advanced methods such as computer aided design
and 3-D printing. These customized cranial implants reconstruct the cranium
perfectly by fitting exactly in the defect and provide a perfect
reconstruction. Oxford Performance Materials (OPM) is a recognized leader in
3-D printing and high-performance additive manufacturing (HPAM). In February
2013, it received first the FDA clearance for its OsteoFab Patient-Specific
Cranial Device, followed by its OsteoFab Patient-Specific Facial Device in July
2014.
Request For Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=60159
Metal and Polymer Lead the Cranial
Implants Market
Based on product, the global cranial implants market has been
segmented into polymer, ceramic, and metal. The metal and polymer segments are
likely to lead the market during the forecast period. The most common material
still in use is grade 5 surgical titanium (i.e., Ti-6Al-4V or Ti-6-4), which is
part of the metal segment. The material is corrosion-resistant. In the
polymer segment, polymethyl methacrylate (PMMA) is perhaps the most frequently
used cranial bone graft substitute. PMMA offers the merits of a protective,
defect-filling replacement that lacks post-operative inflammation. Several
other polymers have been investigated for large format cranial implants: PEEK
(poly-ether-ether ketone), Polypropylene Polyester Knitwear, and PEKK
(Poly-ether-ketone ketone). Polymer segment materials have been used for the
prefabrication of cranial implants and are more similar in their material properties
to the surrounding bone, especially in regard to elastic modulus. They are,
therefore, considered osteoconductive. Ceramic is malleable and extremely
brittle and is used to fill minor gaps in the skull and not major defects.
Moreover, ceramic implants are more expensive than PMMA- or Ti-implants
prepared in the same manner. Therefore, metal and polymer are dominant segments
of the global market.
Hospitals Segment Estimated to
Expand at a Higher CAGR during the Forecast Period
In terms of end-user, the hospitals segment held a leading share
of the global cranial implants market in 2017. It is anticipated to gain market
share by the end of 2026. The segment is expected to expand at a CAGR of 6.9%
during the forecast period. Increase in the number of road accidents, trauma
cases, injuries, and brain tumors and increase in the establishment of
neurosurgery departments are boosting the hospitals segment of the global
cranial implants market. Furthermore, a rise in the number of hospitals,
increase in neurosurgery volume, and rise in the number of medical
professionals and related care have contributed to the prominent share of the
segment in the global market.
Request For Discount - https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=60159
North America Dominates the
Cranial Implants Market and Asia Pacific offers Significant Opportunity
North America held a key share of the global cranial implants
market. The market in the region is likely to expand rapidly in the near
future. Availability of technologically advanced cranial implants, increase in
awareness among the population, rapid rise in the geriatric population,
extensive research and development to provide more efficient and advanced
products, increase in number of players, rise in number of medical
professionals, and increase in the adoption of advance products by the patient
population are the key factors propelling the cranial implants market in North
America. The market in Asia Pacific is expected to expand at a rapid pace
during the forecast period. Rise in population, increase in research and
development, extensive government initiatives in the health care sector,
increase in the number of people suffering from cranial abnormalities, and rise
in investments by global key players in Asia pacific are major factors driving
the cranial implants market in Asia Pacific.
Buy now
Cranial Implants Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=60159<ype=S
Key Trend of Increasing Product
Approvals by Government Bodies and Rising Technological Advancements
The report also provides profiles of leading players operating in
the global cranial implants market. Zimmer Biomet, Stryker, Kelyniam Global
Inc, Medartis, B. Braun Melsungen AG, DePuy Synthes, KLS Martin Group, Xilloc
Medical B.V., Ortho Baltic, Medtronic are leading players operating in the
global cranial implants market. These players accounted for a significant share
of the market. These companies are focused on strengthening their geographic
presence through strategic acquisitions and collaborations with other key
players operating in the cranial implants market players in their respective
domains and geography. Strong progressive research and development activities
and efficient and technologically advanced products are major factors boosting
the share of key players in the global cranial implants market.
More Trending Reports by
Transparency Market Research:
https://www.prnewswire.com/news-releases/presence-of-large-insulin-dependent-diabetic-population-expand-avenue-in-self-injection-device-market-pen-injectors-to-account-for-sizable-revenue-share-says-tmr-301260639.html
https://www.prnewswire.com/news-releases/interest-of-skin-care-experts-for-new-treatment-possibilities-new-drug-formulations-for-large-populations-with-scar-to-underscore-growth-in-scar-treatment-market-valuation-projected-to-climb-us-32-1-bn-by-2027--tmr-301292522.html
https://www.prnewswire.com/news-releases/prevalence-of-chronic-diseases-that-need-surgical-processes-spurs-sales-in-surgical-drills-market-valuation-to-rise-at-cagr-of-4-7-during-20182026-tmr-301265120.html
About Us
Transparency Market Research (TMR) is a market intelligence
company, providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR’s experienced team
of analysts, researchers, and consultants, use proprietary data sources and
various tools and techniques to gather, and analyze information. Our business
offerings represent the latest and the most reliable information indispensable
for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector -
such as pharmaceuticals, chemicals, energy, food & beverages,
semiconductors, med-devices, consumer goods and technology. These reports
provide in-depth analysis and deep segmentation to possible micro levels. With
wider scope and stratified research methodology, TMR’s syndicated reports
strive to provide clients to serve their overall research requirement.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Website: https://www.transparencymarketresearch.com
