According to a new report Global Cranial Implants Market, published by KBV Research, The Global Cranial Implants Market size is expected to reach $1.4 billion by 2025, rising at a market growth of 6.2% CAGR during the forecast period. Increased geriatric population, a greater amount of cases of trauma, improved research and development projects, and increased knowledge and measures of public health have resulted in fast and efficient medical procedures. The accelerated technological developments are fueling the need for effective cranial implantation, which is likely to give main market players a substantial opportunity.

The Customized market dominated the Global Cranial Implants Market by Product Type in 2018, growing at a CAGR of 5.8 % during the forecast period. The Non-Customized market showcases prominent growth rate of 7.7% during (2019-2025).

During the forecast period, the polymer material is expected to hold the largest market share of cranial implants. The most commonly used material is a polymer. It is supplied in the form of powder and liquid combined during surgery to fit in the contours of cranial defects. The Ceramic Materials segment is expected to record the fastest growth rate over the forecast period. The application of light and sound to the brain has significant therapeutic and diagnostic advantages. The Ceramic market is anticipated to witness a CAGR of 6.5% during (2019-2025). Additionally, The Metal market is experiencing a market growth rate of 6.4% during (2019-2025).

The Hospital market would grow at a CAGR of 5.8 % during the forecast period. The Neurosurgery Centers market poised to grow at a CAGR of 7.1% during (2019-2025).

North America made up for the largest market share in 2018 and is projected to continue to see significant growth in the near future due to the prevalence of trauma and brain cancer, the adoption of technologically advanced products, and an increase in healthcare spending by domestic governments. The Asia Pacific market is experiencing growth rate of 7.6% during (2019-2025). Additionally, The Europe market is anticipated to witness a CAGR of 5.8% during (2019-2025).

Structural Insights: https://www.kbvresearch.com/cranial-implants-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Zimmer Biomet Holdings, Inc., Johnson & Johnson (DePuy Synthes, Inc.), Stryker Corporation, B. Braun Melsungen AG, Synimed Sarl, Evonos GmbH & Co. KG, Medartis AG, Renishaw Plc., Kelyniam Global, Inc. and Medtronic Plc.

Recent Strategies Deployed in Cranial Implants Market

» Collaborations, Partnerships and Agreements:

Jul-2019: Kelyniam has signed an agreement with Bioplate in order to distribute its cranial fixation devices which are used in neurosurgery.
Jna-2018: Stryker came into partnership with 3D Systems in order to help the surgeons in saving time in operating room by combining anatomical models and 3D Systems’ Virtual Surgical Planning (VSP) service for improved results.

» Acquisition and Mergers:

Oct-2018: Stryker acquired HyperBranch Medical Technology in order to develop medical devices for various implants.
Aug-2017: DePuy Synthes, a subsidiary of Johnson & Johnson has acquired Tissue Regeneration Systems, Inc.'s 3D printing technology for use in orthopedic and craniomaxillofacial deformities and injuries.
May-2017: Medartis has purchased Mimedis in order to broaden its product portfolio of surgical devices which are used for fixations in craniofacial region as well as for upper and lower extremities.
Jan-2017: Zimmer took over Medtech whose Rosa's Robotic arm is used in minimally invasive brain surgery.

Global Cranial Implants Market Segmentation

By Product Type

Customized
Non-Customized

By Material Type

Metal
Ceramic
Polymer

By End User

Neurosurgery Centers
Hospital

By Geography

North America

US
Canada
Mexico
Rest of North America

Europe

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Asia Pacific

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

LAMEA

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Companies Profiled

Zimmer Biomet Holdings, Inc.
Johnson & Johnson (DePuy Synthes, Inc.)
Stryker Corporation
B. Braun Melsungen AG
Synimed Sarl
Evonos GmbH & Co. KG
Medartis AG
Renishaw Plc.
Kelyniam Global, Inc.
Medtronic Plc.

Cranial Implants Market Related Reports:

North America Market
Europe Market
Asia Pacific Market
LAMEA Market