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Cranial Fixation System - Market Insights, Competitive Landscape and Market Forecast-2027
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Cranial Fixation System Market By Product Type (Plates & Screws, Mesh, Skullclamp, Horseshoe Headrest, Others), By Absorbability (Non-Absorbable, Absorbable), By End-User (Hospitals, Ambulatory Surgical Centers, Others), by geography is expected to grow at a steady CAGR forecast till 2027 owing to rising number of trauma and accident cases and an increase in the prevalence of neurological disorders
Global Cranial Fixation System Market was valued at USD 1.56 billion in 2021, growing at a CAGR of 8.48% during the forecast period from 2022 to 2027 to reach USD 2.54 billion by 2027. The Cranial Fixation System market is witnessing positive growth owing to the rising number of trauma and accident cases, an increase in the prevalence of neurological disorders, a growing number of sports-related injuries, technological innovation in product development, thereby contributing to the growth of the Internal Trauma Fixation Devices market during the forecast period from 2022-2027.
Cranial Fixation System Market Dynamics:
The Cranial Fixation System market is witnessing a growth in product demand owing to various reasons. The rising number of trauma and accident cases is the key driving factor for the Cranial Fixation System market.
Traumatic brain injury contributes to worldwide death and disability more than any other traumatic abuse. Many epidemiological studies have been limited in comprehensively measuring the incidence of cross-injury such as TBI, and have instead focused on the incidence of the causes of injury, such as falls, road injuries, and interpersonal violence.
According to Global Neurosurgery Initiative 2018, 69 million individuals worldwide are estimated to sustain a TBI each year. The proportion of TBIs resulting from road traffic collisions was greatest in Africa and Southeast Asia (both 56%) and lowest in North America (25%).
According to the World Health Organization factsheet (2021) on road traffic injuries, road traffic injuries are the leading cause of fatality in young adults in the age group 5-29 years. The same factsheet further stated that near about 20-50 million people suffer from non-fatal injuries in road accidents resulting in a disability as a result of neurological injuries.
The world is facing a silent epidemic of road traffic accidents in developing countries: by 2020, road traffic crashes will have moved from ninth to third place in the world ranking of the burden of disease and will be in second place in developing countries.
Therefore, due to the rising number of trauma and accident cases, there will be an increase in the demand for Cranial Fixation Systems, thereby fueling the market growth for Cranial Fixation Systems.
Moreover, an increase in the prevalence of neurological disorders is another factor responsible for boosting the growth of the Cranial Fixation System market. According to Pan American Health Organization 2021, regionwide in 2019, neurological disorders accounted for 8.2 million Years lived with disability (YLDs), 3.1 million YLLs in men, and 5.1 million YLLs in women; 815.8 YLDs per 100,000 population (crude rate), 631.3 years per 100,000 for men, and 995.2 years per 100,000 population for women.
However, incidents of metal sensitivity in patients and the high cost of procedures may be certain limiting factors to the Cranial Fixation System market growth.
The unprecedented COVID-19 outbreak had a profound impact on the market for Cranial Fixation System. Owing to the lockdown restrictions posed during the COVID-19 pandemic, there were reduced patients visits, and all other surgical procedures were temporarily paused, giving more attention to the COVID-19 inflicted patients.
Cranial Fixation System Market Segment Analysis:
Cranial Fixation System Market By Product Type (Plates & Screws, Mesh, Skullclamp, Horseshoe Headrest, Others), By Absorbability (Non-Absorbable, Absorbable), By End-User (Hospitals, Ambulatory Surgical Centers, Others), and By Geography (North America, Europe, Asia-Pacific, and Rest of the World)
In the Product Type segment of the Cranial Fixation System market, Plates & Screws is estimated to hold a higher share in the Cranial Fixation System market during the forecast period (2022-2027). This can be attributed to the specific features associated with these devices.
The growth can be attributed to the minimally invasive application, modularity, and biomechanical characteristics of these devices.
The popularity of these devices among orthopedic clinics and trauma centers is further boosting the segment growth. Industry players are also launching new products to increase their market share.
For instance, on April 20, 2018, Advanced Biomedical Technologies Inc., had announced that it had received approval from the China Food and Drug Administration (CFDA) for its polymer orthopedic internal fixation screws.
Hence, all the aforementioned factors will contribute to the growth of the Plate and Screws Cranial Fixation System device in the Cranial Fixation System market.
North America is expected to dominate the overall Cranial Fixation System Market:
Among all the regions, North America is expected to account for the largest share in the Global Cranial Fixation System market. Growing demand for advanced technologies in Cranial Fixation System, a rise in the elderly population, an increasing number of sports-related injuries among other factors are driving the regional growth in the Cranial Fixation System market.
Traumatic brain injuries (TBI), including concussions, are common and account for an estimated 3 million emergency room visits per year in the United States, according to the Centers for Disease Control and Prevention (CDC) 2020. Approximately 40% of all concussions are caused by slips and falls. Athletes and older people are considered to be at the highest risk of TBIs.
Thus, with all these deformities the demand for fixation devices will rise for treatment.
Moreover, technological advancements and rising product launch also boost the growth of the Cranial Fixation System market. For instance, in September 2021, MedCAD officially announced FDA 510(k) market clearance for AccuPlate® Patient-Specific Plates for mandibular reconstructive surgery.
In December 2021, Kelyniam Global, a leader in the design and manufacture of custom cranial implants, announced that the United States Patent and Trademark Office issued the company an Issue Notification for a patent covering the company's Integrated Fixation Tabs, currently marketed as IFS Tabs or KwikTabs. The US patent covers the integration of fixation appendages into a cranial implant and their design.
Therefore, all the above-mentioned factors are anticipated to propel the market for Cranial Fixation System in the United States region.
Cranial Fixation System Market Key Players:
Some of the key market players operating in the Cranial Fixation System market include B. Braun Melsungen AG, Medtronic, Stryker, DePuy Synthes (Johnson & Johnson), Kinamed® Incorporated, Vitalys Surgical, Bioplate, G.SURGIWEAR LTD., Zimmer Biomet, Chengdu MedArt Medical Scientific Co., Ltd., Inion, NEOS Surgery S.L., AGOMED Medizin-Technik GmbH, Jeil Medical Corporation, Acumed, Changzhou Huida Medical Instrument Co., Ltd., evonos GmbH & Co. KG, Integra LifeSciences, KLS Martin Group, Stryker and others.
Recent Developmental Activities in the Cranial Fixation System Market:
- In December 2021, Kelyniam Global, Inc. announced that it entered into a strategic licensing agreement with Fin-ceramica faenza spa to market the company's hydroxyapatite patient-specific Cranial implant.
- In October 2021, ClearPoint Neuro developed the first navigation system that allowed neurosurgeons to perform minimally invasive procedures under real-time MRI guidance. The bigger potential lied in ClearPoint being the go-to-neurosurgical platform that provides the tools needed to solve some of the most devastating neurological disorders.
Key Takeaways from the Cranial Fixation System Market Report Study
- Market size analysis for current Cranial Fixation System market size (2021), and market forecast for 5 years (2022-2027)
- The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the Cranial Fixation System market.
- Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
- Key companies dominating the global Cranial Fixation System market.
- Various opportunities available for the other competitor in the Cranial Fixation System market space.
- What are the top performing segments in 2021? How these segments will perform in 2027.
- Which is the top-performing regions and countries in the current Cranial Fixation System market scenario?
- Which are the regions and countries where companies should have concentrated on opportunities for Cranial Fixation System market growth in the coming future?
Target Audience who can be benefited from this Cranial Fixation System Market Report Study
- Cranial Fixation System products providers
- Research organizations and consulting companies
- Cranial Fixation System-related organizations, associations, forums, and other alliances
- Government and corporate offices
- Start-up companies, venture capitalists, and private equity firms
- Distributors and Traders dealing in Cranial Fixation System
- Various End-users who want to know more about the Cranial Fixation System market and latest technological developments in the Cranial Fixation System market.
Frequently Asked Questions for the Cranial Fixation System Market:
1. What is Cranial Fixation System?
Cranial fixation devices are medical devices used for securely fixing bone flaps resulting from craniotomies. It refers to the medical devices implanted for the stabilization of the brain.
2. What is the market for Global Cranial Fixation System?
Global Cranial Fixation System Market was valued at USD 1.56 billion in 2021, growing at a CAGR of 8.48% during the forecast period from 2022 to 2027 to reach 2.54 billion by 2027.
3. What are the drivers for the Global Cranial Fixation System Market?
The Cranial Fixation System market is witnessing positive market growth owing to the rising number of trauma and accident cases, an increase in the prevalence of neurological disorders, growing number of sports-related injuries, technological innovation in product development is thereby contributing to the growth of the Cranial Fixation System market.
4. Who are the key players operating in the Global Cranial Fixation System Market?
Some of the key market players operating in the Cranial Fixation System market include B. Braun Melsungen AG, Medtronic, Stryker, DePuy Synthes (Johnson & Johnson), Kinamed® Incorporated, Vitalys Surgical, Bioplate, G.SURGIWEAR LTD., Zimmer Biomet, Chengdu MedArt Medical Scientific Co., Ltd., Inion, NEOS Surgery S.L., AGOMED Medizin-Technik GmbH, Jeil Medical Corporation, Acumed, Changzhou Huida Medical Instrument Co., Ltd., evonos GmbH & Co. KG, Integra LifeSciences, KLS Martin Group, Stryker, and others.
5. Which region has the highest share in Cranial Fixation System Market?
North America is expected to hold the highest share of the revenue in the Cranial Fixation System market during the forecast period. Growing demand for advanced technologies in Cranial Fixation System, a rise in the elderly population, an increasing number of sports-related injuries among other factors, are expected to aid in the growth of the North America Cranial Fixation System Market in this region.
Table of Contents
1.Cranial Fixation System Market Report Introduction
2.Cranial Fixation System Market Executive Summary
2.1. Scope of the Study
2.2. Market at Glance
2.3. Competitive Assessment
2.4. Financial Benchmarking
3. Regulatory and Patent Analysis
3.1. The United States
3.2. Europe
3.3. Japan
3.4. China
4. Cranial Fixation System Market Key Factors Analysis
4.1. Cranial Fixation System Market Drivers
4.1.1. The Rising Number of Trauma and Accident Cases
4.1.2. An Increase in The Prevalence of Neurological Disorders
4.1.3. A Growing Number of Sports-Related Injuries
4.1.4. Technological Innovation in Product Development
4.2. Cranial Fixation System Market Restraints and Challenges
4.2.1. Incidents of Metal Sensitivity in Patients
4.2.2. High Cost of Procedures
4.3. Cranial Fixation System Market Opportunities
4.3.1. Growing Popularity of Cranial Fixation Devices
4.3.2. Growing Demand For these Fixation Devices in Non-Hospital Settings
5. Cranial Fixation System Market Porters Five Forces Analysis
5.1. Bargaining Power of Suppliers
5.2. Bargaining Power of Consumers
5.3. Threat of New Entrants
5.4. Threat of Substitutes
5.5. Competitive Rivalry
6. COVID-19 Impact Analysis on Cranial Fixation System Market
7. Cranial Fixation System Market Layout
7.1. By Product Type
7.1.1. Plates & Screws
7.1.2. Mesh
7.1.3. Skullclamp
7.1.4. Horseshoe Headrest
7.1.5. Others
7.2. By Absorbability
7.2.1. Non-Absorbable
7.2.2. Absorbable
7.3. By End-User
7.3.1. Hospitals
7.3.2. Ambulatory Surgical Centers
7.3.3. Others
7.4. By Geography
7.4.1. North America
7.4.1.1. North America Cranial Fixation System Market, by Product Type
7.4.1.2. North America Cranial Fixation System Market, by Absorbability
7.4.1.3. North America Cranial Fixation System Market, by End User
7.4.1.4. North America Cranial Fixation System Market, by Country
7.4.1.4.1. United States
7.4.1.4.2. Canada
7.4.1.4.3. Mexico
7.4.2. Europe
7.4.2.1. Europe Cranial Fixation System Market, by Product Type
7.4.2.2. Europe Cranial Fixation System Market, by Absorbability
7.4.2.3. Europe Cranial Fixation System Market, by End User
7.4.2.4. Europe Cranial Fixation System Market, by Country
7.4.2.4.1. France
7.4.2.4.2. Germany
7.4.2.4.3. United Kingdom
7.4.2.4.4. Italy
7.4.2.4.5. Spain
7.4.2.4.6. Russia
7.4.2.4.7. Rest of Europe
7.4.3. Asia-Pacific
7.4.3.1. Asia-Pacific Cranial Fixation System Market, by Product Type
7.4.3.2. Asia-Pacific Cranial Fixation System Market, by Absorbability
7.4.3.3. Asia-Pacific Cranial Fixation System Market, by End User
7.4.3.4. Asia-Pacific Cranial Fixation System Market, by Country
7.4.3.4.1. China
7.4.3.4.2. Japan
7.4.3.4.3. India
7.4.3.4.4. Australia
7.4.3.4.5. South Korea
7.4.3.4.6. Rest of Asia Pacific
7.4.4. Rest of the World (RoW)
7.4.4.1. RoW Cranial Fixation System Market, by Product Type
7.4.4.2. RoW Cranial Fixation System Market, by Absorbability
7.4.4.3. RoW Cranial Fixation System Market, by End User
7.4.4.4. RoW Cranial Fixation System Market, by Region
7.4.4.4.1. Middle East
7.4.4.4.2. Africa
7.4.4.4.3. South America
8. Cranial Fixation System Market Global Company Share Analysis Key 3-5 Companies
9. Cranial Fixation System Market Company and Product Profiles
9.1. B. Braun Melsungen AG
9.1.1. Company Overview
9.1.2. Company Snapshot
9.1.3. Financial Overview
9.1.4. Product Listing
9.1.5. Entropy
9.2. Medtronic
9.2.1. Company Overview
9.2.2. Company Snapshot
9.2.3. Financial Overview
9.2.4. Product Listing
9.2.5. Entropy
9.3. Stryker
9.3.1. Company Overview
9.3.2. Company Snapshot
9.3.3. Financial Overview
9.3.4. Product Listing
9.3.5. Entropy
9.4. DePuy Synthes (Johnson & Johnson)
9.4.1. Company Overview
9.4.2. Company Snapshot
9.4.3. Financial Overview
9.4.4. Product Listing
9.4.5. Entropy
9.5. Kinamed® Incorporated
9.5.1. Company Overview
9.5.2. Company Snapshot
9.5.3. Financial Overview
9.5.4. Product Listing
9.5.5. Entropy
9.6. Vitalys Surgical
9.6.1. Company Overview
9.6.2. Company Snapshot
9.6.3. Financial Overview
9.6.4. Product Listing
9.6.5. Entropy
9.7. Bioplate
9.7.1. Company Overview
9.7.2. Company Snapshot
9.7.3. Financial Overview
9.7.4. Product Listing
9.7.5. Entropy
9.8. G.SURGIWEAR LTD.
9.8.1. Company Overview
9.8.2. Company Snapshot
9.8.3. Financial Overview
9.8.4. Product Listing
9.8.5. Entropy
9.9. Zimmer Biomet
9.9.1. Company Overview
9.9.2. Company Snapshot
9.9.3. Financial Overview
9.9.4. Product Listing
9.9.5. Entropy
9.10. Chengdu MedArt Medical Scientific Co., Ltd.
9.10.1. Company Overview
9.10.2. Company Snapshot
9.10.3. Financial Overview
9.10.4. Product Listing
9.10.5. Entropy
9.11. Inion
9.11.1. Company Overview
9.11.2. Company Snapshot
9.11.3. Financial Overview
9.11.4. Product Listing
9.11.5. Entropy
9.12. NEOS Surgery S.L.
9.12.1. Company Overview
9.12.2. Company Snapshot
9.12.3. Financial Overview
9.12.4. Product Listing
9.12.5. Entropy
9.13. AGOMED Medizin-Technik GmbH
9.13.1. Company Overview
9.13.2. Company Snapshot
9.13.3. Financial Overview
9.13.4. Product Listing
9.13.5. Entropy
9.14. Jeil Medical Corporation
9.14.1. Company Overview
9.14.2. Company Snapshot
9.14.3. Financial Overview
9.14.4. Product Listing
9.14.5. Entropy
9.15. Acumed
9.15.1. Company Overview
9.15.2. Company Snapshot
9.15.3. Financial Overview
9.15.4. Product Listing
9.15.5. Entropy
9.16. Changzhou Huida Medical Instrument Co., Ltd.
9.16.1. Company Overview
9.16.2. Company Snapshot
9.16.3. Financial Overview
9.16.4. Product Listing
9.16.5. Entropy
9.17. evonos GmbH & Co. KG
9.17.1. Company Overview
9.17.2. Company Snapshot
9.17.3. Financial Overview
9.17.4. Product Listing
9.17.5. Entropy
9.18. Integra LifeSciences
9.18.1. Company Overview
9.18.2. Company Snapshot
9.18.3. Financial Overview
9.18.4. Product Listing
9.18.5. Entropy
9.19. KLS Martin Group
9.19.1. Company Overview
9.19.2. Company Snapshot
9.19.3. Financial Overview
9.19.4. Product Listing
9.19.5. Entropy
9.20. Stryker
9.20.1. Company Overview
9.20.2. Company Snapshot
9.20.3. Financial Overview
9.20.4. Product Listing
9.20.5. Entropy
10. KOL Views
11. PROJECT APPROACH
12. About DelveInsight
13. Disclaimer & Contact Us
List of Tables
Table 1: Competitive Analysis
Table 2: COVID-19 Impact Analysis
Table 3: Cranial Fixation System Market in Global (2019-2027)
Table 4: Cranial Fixation System Market in Global by Product Type (2019-2027)
Table 5: Cranial Fixation System Market in Global by Absorbability (2019-2027)
Table 6: Cranial Fixation System Market in Global by End User (2019-2027)
Table 7: Cranial Fixation System Market in Global by Geography (2019-2027)
Table 8: Cranial Fixation System Market in North America (2019-2027)
Table 9: Cranial Fixation System Market in North America by Product Type (2019-2027)
Table 10: Cranial Fixation System Market in North America by Absorbability (2019-2027)
Table 11: Cranial Fixation System Market in North America by End User (2019-2027)
Table 12: Cranial Fixation System Market in North America by Country (2019-2027)
Table 13: Cranial Fixation System Market in the US (2019-2027)
Table 14: Cranial Fixation System Market in Canada (2019-2027)
Table 15: Cranial Fixation System Market in Mexico (2019-2027)
Table 16: Cranial Fixation System Market in Europe (2019-2027)
Table 17: Cranial Fixation System Market in Europe by Product Type (2019-2027)
Table 18: Cranial Fixation System Market in Europe by Absorbability (2019-2027)
Table 19: Cranial Fixation System Market in Europe by End User (2019-2027)
Table 20: Cranial Fixation System Market in Europe by Country (2019-2027)
Table 21: Cranial Fixation System Market in France (2019-2027)
Table 22: Cranial Fixation System Market in Germany (2019-2027)
Table 23: Cranial Fixation System Market in the United Kingdom (2019-2027)
Table 24: Cranial Fixation System Market in Italy (2019-2027)
Table 25: Cranial Fixation System Market in Spain (2019-2027)
Table 26: Cranial Fixation System Market in Russia (2019-2027)
Table 27: Cranial Fixation System Market in Rest of Europe (2019-2027)
Table 28: Cranial Fixation System Market in APAC (2019-2027)
Table 29: Cranial Fixation System Market in APAC by Product Type (2019-2027)
Table 30: Cranial Fixation System Market in APAC by Absorbability (2019-2027)
Table 31: Cranial Fixation System Market in APAC by End User (2019-2027)
Table 32: Cranial Fixation System Market in APAC by Country (2019-2027)
Table 33: Cranial Fixation System Market in China (2019-2027)
Table 34: Cranial Fixation System Market in Japan (2019-2027)
Table 35: Cranial Fixation System Market in India (2019-2027)
Table 36: Cranial Fixation System Market in Australia (2019-2027)
Table 37: Cranial Fixation System Market in South Korea (2019-2027)
Table 38: Cranial Fixation System Market in Rest of APAC (2019-2027)
Table 39: Cranial Fixation System Market in Rest of World (2019-2027)
Table 40: Cranial Fixation System Market in RoW by Product Type (2019-2027)
Table 41: Cranial Fixation System Market in RoW by Absorbability (2019-2027)
Table 42: Cranial Fixation System Market in RoW by End User (2019-2027)
Table 43: Cranial Fixation System Market in RoW by Region (2019-2027)
Table 44: Cranial Fixation System Market in Middle East (2019-2027)
Table 45: Cranial Fixation System Market in Africa (2019-2027)
Table 46: Cranial Fixation System Market in South America (2019-2027)
List of Figures
Figure 1: Competitive Analysis
Figure 2: COVID-19 Impact Analysis
Figure 3: Cranial Fixation System Market in Global (2019-2027)
Figure 4: Cranial Fixation System Market in Global by Product Type (2019-2027)
Figure 5: Cranial Fixation System Market in Global by Absorbability (2019-2027)
Figure 6: Cranial Fixation System Market in Global by End User (2019-2027)
Figure 7: Cranial Fixation System Market in Global by Geography (2019-2027)
Figure 8: Cranial Fixation System Market in North America (2019-2027)
Figure 9: Cranial Fixation System Market in North America by Product Type (2019-2027)
Figure 10: Cranial Fixation System Market in North America by Absorbability (2019-2027)
Figure 11: Cranial Fixation System Market in North America by End User (2019-2027)
Figure 12: Cranial Fixation System Market in North America by Country (2019-2027)
Figure 13: Cranial Fixation System Market in the US (2019-2027)
Figure 14: Cranial Fixation System Market in Canada (2019-2027)
Figure 15: Cranial Fixation System Market in Mexico (2019-2027)
Figure 16: Cranial Fixation System Market in Europe (2019-2027)
Figure 17: Cranial Fixation System Market in Europe by Product Type (2019-2027)
Figure 18: Cranial Fixation System Market in Europe by Absorbability (2019-2027)
Figure 19: Cranial Fixation System Market in Europe by End User (2019-2027)
Figure 20: Cranial Fixation System Market in Europe by Country (2019-2027)
Figure 21: Cranial Fixation System Market in France (2019-2027)
Figure 22: Cranial Fixation System Market in Germany (2019-2027)
Figure 23: Cranial Fixation System Market in the United Kingdom (2019-2027)
Figure 24: Cranial Fixation System Market in Italy (2019-2027)
Figure 25: Cranial Fixation System Market in Spain (2019-2027)
Figure 26: Cranial Fixation System Market in Russia (2019-2027)
Figure 27: Cranial Fixation System Market in Rest of Europe (2019-2027)
Figure 28: Cranial Fixation System Market in APAC (2019-2027)
Figure 29: Cranial Fixation System Market in APAC by Product Type (2019-2027)
Figure 30: Cranial Fixation System Market in APAC by Absorbability (2019-2027)
Figure 31: Cranial Fixation System Market in APAC by End User (2019-2027)
Figure 32: Cranial Fixation System Market in APAC by Country (2019-2027)
Figure 33: Cranial Fixation System Market in China (2019-2027)
Figure 34: Cranial Fixation System Market in Japan (2019-2027)
Figure 35: Cranial Fixation System Market in India (2019-2027)
Figure 36: Cranial Fixation System Market in Australia (2019-2027)
Figure 37: Cranial Fixation System Market in South Korea (2019-2027)
Figure 38: Cranial Fixation System Market in Rest of APAC (2019-2027)
Figure 39: Cranial Fixation System Market in Rest of World (2019-2027)
Figure 40: Cranial Fixation System Market in RoW by Product Type (2019-2027)
Figure 41: Cranial Fixation System Market in RoW by Absorbability (2019-2027)
Figure 42: Cranial Fixation System Market in RoW by End User (2019-2027)
Figure 43: Cranial Fixation System Market in RoW by Region (2019-2027)
Figure 44: Cranial Fixation System Market in Middle East (2019-2027)
Figure 45: Cranial Fixation System Market in Africa (2019-2027)
Figure 46: Cranial Fixation System Market in South America (2019-2027)
Figure 47: Market Drivers
Figure 48: Market Barriers
Figure 49: Marker Opportunities
Figure 50: PORTER'S Five Force Analysis
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