The craniomaxillofacial (CMF) devices market is
estimated to grow at a CAGR over 6% during the forecast period (2016-2024).
Demand for minimal invasive procedures which can heal rapidly is the primary
driving factor of the market. Awareness of these surgeries by ASCFS and ISCFS
will facilitate in market growth. Bigger healthcare budget, use of 3D implants
in reconstructive surgery, and growing geriatric populace are other aspects
favoring the market.
The global
market is segmented according to products, materials, applications, and
regions. Products include cranial flap fixation, MF (maxillofacial) plate and
screw-fixation, bone graft substitutes, and CMF distraction. Plate and screw
fixation earned over 70% market revenue shares in 2014 due to their varied use
in surgeries.
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Materials used
are metal, bioabsorable, and alloys. Titanium alloys are used to produce
cranial plates due to their low weight & non-corrosive property. Polymers
such as PMMA (poly methyl methacrylate) and Medpor are used due to their
biocompatible nature. Biomaterials such as PDLLA and PPEK are used in
bioabsorbable devices.
Neurosurgery
& ENT, orthognathic & dental, plastic surgery, and others constitute as
market applications. Increasing cases of spinal disorders will bring in
revenues from the neurosurgery & ENT segment. Plastic surgery will see
growth in the years ahead from developed countries of Canada and U.S.
Regions
covered under the market are Latin America, North America, Europe, Asia
Pacific, and Middle East & Africa. North America accounted for over 58%
market revenue in 2014. Other factors supporting market growth in the region
are technological developments, healthcare infrastructure, and high patient awareness.
Europe is in
need of technology which can cater to plate and screw fixation, thoracic
fixation, CMF bone graft substitutes, and temperomandibular joint (TMJ)
replacement. This is expected to net revenues over USD 227 million in 2013.
Asia Pacific will exhibit growth due to economic development and improving
healthcare infrastructure.
Well-known
players of the craniomaxillofacial devices market are Aesculap; Johnson &
Johnson (DePuy Synthes); Boston Medical Products Inc.; and Medartis AG.
Research and development of products are one of the strategies followed by
players. For instance, Aesculap introduced Pro space, a osteoconductive
interbody fusion method in 2015.
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