Cranial fixation and stabilization systems are applied during neurosurgery for fixing cranial and facial bones. The surge in road accidents and emergence of neurosurgeries are likely to trigger its use by doctors and surgeons. The global cranial fixation and stabilization market report by Market Research Future (MRFR) consists of developments, trends, growth drivers, and challenges for estimating market revenue and size predictions for the period of 2019 to 2025 (forecast period). The impact of the COVID-19 pandemic on Cranial Fixation and Stabilization Market and its everlasting effects are also discussed.
Cranial Fixation and Stabilization Market Scope
The global cranial fixation and stabilization market is expected to reach USD 2.29 billion by 2025 at a steady CAGR of 8.90% during the forecast period.
Rise in the number of cases pertaining to neurological conditions is one of the primary drivers of the market. According to the World Health Organization (WHO), 6.8 million die due to incorrect diagnosis of neurological conditions. The minimally invasive nature of the system can influence its demand heavily in the market. Use of biocompatible materials and medical advances can bode well for the market. Recent clinical trials showcased the success of silk cranial fixation systems in rodents and its scope in human trials.
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Allocation of a large healthcare expenditure, investments in research and development, and need for head/neck stabilization during surgeries can provide an impetus to the market. Development of healthcare standards and practices for neurological conditions can facilitate the market. Large number of road accidents and head trauma cases can have a significant influence on the global cranial fixation and stabilization market.
Varied regulations on classification of cranial fixation and stabilization equipment as well on its import and export can hamper market growth.
Cranial Fixation and Stabilization Market Segmentation
The global cranial fixation stabilization market is segmented by category, type, product, and end user.
By category, it is segmented into cranial fixation systems and cranial stabilization systems. Cranial fixation systems accounted for a large market share and can dominate the market for fastening bones after fractures. On the other hand, cranial stabilization systems can command a huge market share due to its demand by neurosurgeons during delicate procedures.
By type, it is divided into resorbable and non-resorbable.
By product, it is segmented into screws, plates, meshes, horseshoe headrests, flap tube clamps, skull clamps, and accessories. Meshes are used in reconstructive surgeries and will command a significant market share.
By end user, it is segmented into ambulatory surgical centers, hospitals, and others. Hospitals accounted for a large market share and can cater to many patients suffering from traumatic brain injuries. In addition, the large number of surgeries conducted by neurosurgeons at hospitals combined with the preference of patients for treating serious injuries can culminate in the segment generating large revenues for the market.
Cranial Fixation and Stabilization Market Regional Analysis
The Americas, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC) are major regions considered in the global cranial fixation and stabilization market.
The Americas accounted for 55% share of the market, with North America responsible for driving the growth of the region. Presence of dedicated surgical centers for neurological conditions and high number of cases of brain injury can fuel the regional cranial fixation and stabilization market.
Cranial Fixation and Stabilization Market Competition Outlook
Zimmer Biomet, Ostomed, Pro Med Instruments, Braun Melsungen AG, Johnson & Johnson, Jeil Medical, KLS Martin Group, NEOS Surgery, Micromar, Changzhou Huida, Integra LifeSciences Corporation, Stryker, Medtronic, Evonos, DePuy Synthes, and Medicon are prominent names in the global cranial fixation stabilization market.
Table Of Contents
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
…TOC Continued…
LIST OF TABLES
Table 1 Global Cranial Fixation & Stabilization Synopsis, 2019–2025
Table 2 Global Cranial Fixation & Stabilization Market Estimates & Forecast, 2019–2025, (USD Million)
Table 3 Global Cranial Fixation & Stabilization Market, By Region 2019–2025, (USD Million)
Table 4 Global Cranial Fixation & Stabilization Market, By Category 2019–2025, (USD Million)
Table 5 Global Cranial Fixation & Stabilization Market, By Product 2019–2025, (USD Million)
Table 6 Global Cranial Fixation & Stabilization Market, By Type 2019–2025, (USD Million)
…Continued
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation Of The Global Cranial Fixation & Stabilization Market
Figure 3 Market Dynamics For The Global Cranial Fixation & Stabilization Market
Figure 4 Global Cranial Fixation & Stabilization Market Share, By Category, 2018
Figure 5 Global Cranial Fixation & Stabilization Market Share, By Product, 2018
Figure 6 Global Cranial Fixation & Stabilization Market Share, By Type, 2018
…Continued
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