Craniomaxillofacial Devices Market forecast to reach $1.9bn by 2023: Global Market Insights Inc. The industry 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., Worldwide craniomaxillofacial devices market was worth USD 1.14 billion in 2015 and will collect a revenue of USD 1.93 billion by the end of 2023 with an annual growth rate of more than 6.8% over 2016-2023. The number of oral and maxillofacial surgeries have increased considerably since the last decade. Craniomaxillofacial devices market growth is expected to be influenced heavily in the ensuing years, subject to the aforementioned fact. Of late, specialist surgeons have been giving preference to technologically advanced devices for carrying out facial reconstruction surgeries. Thus, it is undeniable that the escalating technological advancements in medical equipment will influence craniomaxillofacial devices industry share notably. The aging population across the globe is also a major driver influencing the market across key geographies. Elderly patients have lately been giving preference to dental implants for better anatomy, which will further stimulate craniomaxillofacial devices market share.
Pertaining to the relatively limited competition in craniomaxillofacial devices industry, major biggies are investing heavily to develop technologically advanced devices. One such device is the 3D printed implant that has been introduced in the market. Nowadays, the 3D printed implant technique is increasingly used for cranial reconstructive surgeries such as external prosthetics and crowns, owing to the flexibility of the product. Moreover, technical advancements in the implementation of robot assisted CMG technology will fuel the product demand. For instance, advanced CMF distraction systems are extensively deployed across oncology, orthognathic surgery, and trauma reconstruction, owing to their role as bone stabilizers. On these grounds, craniomaxillofacial devices market size from CMF distraction systems is slated to register a modest annual growth rate of 8.8% over the coming six years. Screws, footplates, distractor body, and extension arms are the prominent constituents of this product. Of late, CMF procedures also encompass bio absorbable materials. 1|Page