Global Craniomaxillofacial Devices Market share forecast to hit $1.9bn by 2023: Fractovia.org The research report “Craniomaxillofacial Devices Market Size By Product [Cranial Flap Fixation, CMF Distraction, Temporomandibular Joint Replacement, Thorasic Fixation, Bone Graft Substitute, MF Plate and Screw Fixation], By Material [Metal, Bioabsorbable Material, Ceramic], By Application [Neurosurgery & ENT, Orthognathic and Dental Surgery, Plastic Surgery], Industry Analysis Report, Regional Outlook (U.S., Canada, Germany UK, China, Japan, India, Mexico, Brazil, South Africa), Application Potential, Price Trend, Competitive Market Share & Forecast, 2016 - 2023”, by Global Market Insights, Inc. says, Craniomaxillofacial devices market size is likely to hit USD 2 billion by 2023. The competitive predominance of companies in craniomaxillofacial devices market is quite evident from the numerous developments underlining this business space. A recent instance justifying this proclamation is KLS Martin Group’s declaration of using LaserCUSING for the purpose of 3D printing patient-centric craniomaxillofacial implants. Elaborating further, this Germany-based company has been using the LaserCUSING process patented by Concept Laser, one of its regional peers, for a while now, to manufacture personalized CMF implants.
The year 2016 even witnessed this craniomaxillofacial devices industry giant partner with 3D Systems with a view to develop an implant via 3D printing for a specific patient. Today, the company has extended its service portfolio to the point where it solely manufactures patient-specific CMF implants, rather than working through a standardized solution. The massive proliferation of 3D printing market has also provided the much-needed impetus for the propagation of this technology. KLS Martin, last year, had also revealed plans of expanding its footprints in the U.S., which resulted in the conception of its first U.S. manufacturing facility in Florida, near KLS Martin LP, its American subsidiary. KLS Martin’s expansion policies are a classic instance of a company in craniomaxillofacial devices market simultaneously enhancing its service portfolio as well as its geographical landscape. With other companies likely to follow suit in the blink of an eye, craniomaxilofacial devices industry may very well be traversing on a path of anticipated success, having held a valuation of USD 1.14 billion in 2015.
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