CRANIOMAXILLOFACIAL IMPLANTS MARKET ANALYSIS
Craniomaxillofacial is a special branch of orthopedic surgery, which focuses on all the aspects of facial and skull disorders. The craniomaxillofacial implants surgery is carried out to treat a severe injury of facial and cranial bones, where the implants are temporarily or permanently placed in the body. Trauma, accidents, and genetic defects lead to craniomaxillofacial deformities. Craniomaxillofacial implants surgery is also carried out to correct abnormalities and deformities caused by diseases such as Crouzon’s disease and Apert’s Syndrome.
In early years, the emphasis was on maintaining absolute stability of bones, without much attention on free movements. However, owing to advancements in technology and implant materials such as biocompatible titanium implants, resorbable plates, screws, and bone grafts have increased the scope for maintaining stability as well as functionality of the joints, allowing for ease of treatments related to craniomaxillofacial deformities.
The global craniomaxillofacial implants market is estimated to be valued at US$ 2,289.5 million in 2019 and is expected to witness a robust CAGR of 6.2% over the forecast period (2019-2027).
Figure 1. Global Craniomaxillofacial Implants Market Share (%), By Application, (2019)
Source: Coherent Market Insights Analysis (2019)
Technological advancements in products and adoption of new technologies are expected to favor the global craniomaxillofacial implants market growth
Increasing technological advancements and application of 3D printing in healthcare industry has Influenced manufacturers to develop new innovative products, which is expected to drive the global craniomaxillofacial implants market growth. For instance, in September 2017, DePuy Synthes, a subsidiary of Johnson & Johnson Medical Devices, launched ‘TRUMATCH’ Titanium 3D-Printed Implants in the U.S., used for facial reconstruction.
Moreover, in October 2019, Zimmer Biomet Holdings Inc., a global manufacturer of musculoskeletal products, launched its ‘TrellOss-TC’ (TLIF curved), a 3D printed porous titanium interbody platform.
Rising cases of birth defects and abnormalities has resulted in increasing demand for craniomaxillofacial surgeries and expected to thrust the global craniomaxillofacial implants market growth over the forecast period
Many children are born with abnormalities such as structural defects, and the well-being of each child affected with a birth defect depends mostly on which organ or body part is involved and how much it is affected. Major birth defects such as cleft palate and anotia are treated through craniomaxillofacial surgeries. According to the Centers for Disease Control and Prevention (CDC) 2019 statistics, in the U.S., around 120,000 babies are recorded to be born with a birth defect every year. Moreover, according to the same source, 1 in every 2,800 babies are born with cleft lip or cleft palate in the U.S. and every year, 10,000 babies suffer from anotia.
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