Global Cranial Implants Market 2017-2021
About Cranial Implants
Cranial reconstruction or cranioplasty is a surgical procedure used to reconstruct the defects or deformities of the skull, which are caused by the traumatic brain injury (TBI), ischemic, hemorrhagic diseases, or brain tumors. This procedure is performed with the aid of cranial implants. These implants are made up of alloplastic materials such as ceramics, titanium, acrylic resin, polymethylmethacrylate (PMMA), polyetheretherketone (PEEK), polyporous ethylene.
Technavio’s analysts forecast the global cranial implants market to grow at a CAGR of 5.53% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global cranial implants market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cranial Implants Market 2017-2021
Technavio recognizes the following companies as the key players in the global cranial implants market: B. Braun Melsungen, DePuy Synthes, KLS Martin, Stryker, and Zimmer Biomet.
Other Prominent Vendors in the market are: Anatomics, BioArchitects, Bioplate, EUROS, evonos, Jeil Medical, Kelyniam Global, Medartis, Medtronic, Ningbo Cibei Medical Treatment Appliance, OssDsign, OsteoMed, OsteoSymbionics, Synimed Synergie Ingénierie Médicale, Tecomet, and Xilloc Medical.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for 3D printing/modeling. The anatomically challenging 3D approach for skull reconstruction requires a lot of patience along with expertise. The advances in medical imaging and instrumentation made this 3D approach a globally accepted method to repair the cranial defects.”
According to the report, one driver in the market is increase in target population requiring cranial implants. Cranioplasty is mainly performed after craniectomy for traumatic injuries. Furthermore, in all age groups, decompressive craniectomies or tumor removals lead to cranioplasty. According to the CDC, every year TBI contributes to a large number of deaths and permanent disabilities among the people in the US. TBI accounts for 282,000 hospitalizations and 2.5 million emergency department visits. The rate of TBI injuries is significantly increased over the span of six years, which increased the hospitalizations by nearly 47%.
Further, the report states that one challenge in the market is stringent government regulations. Cranial implants come under class III medical devices, which have stringent government regulations to approve the product. Metals used in manufacturing the implants need to meet the requirements of safety and functionality that are governed by the stringent regulatory authorities. The 3D printing or additive manufacturing technology is being penetrated the medical device industry during the past few years. Owing to this, many vendors harnessed it to create novel devices with a unique structure, composition, and customization, which led to the introduction of new stringent regulatory challenges.
B. Braun Melsungen, DePuy Synthes, KLS Martin, Stryker, Zimmer Biomet, Anatomics, BioArchitects, Bioplate, EUROS, evonos, Jeil Medical, Kelyniam Global, Medartis, Medtronic, Ningbo Cibei Medical Treatment Appliance, OssDsign, OsteoMed, OsteoSymbionics, Synimed Synergie Ingénierie Médicale, Tecomet, and Xilloc Medical.
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