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The cranial fixation and stabilization devices industry is an oligopoly in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products with improved efficiency and cost-effectiveness is among a key market strategy for cranial fixation and stabilization device manufacturers. Some of the leading industry players including B. Braun Melsungen AG, Integra Lifesciences Holdings Corporation, Johnson & Johnson, and Stryker Corporation, among others have a substantial presence in the market.
Some of the eminent market participants operating in the cranial fixation and stabilization devices industry include:
The cranial fixation systems product type segment surpassed USD 1.9 billion in 2023 led by the rising incidence of chronic disorders, including congenital deformities, vascular malformations, and neurodegenerative diseases.
Cranial fixation and stabilization devices industry size was USD 2.7 billion in 2023 and is estimated to reach USD 5.8 billion by 2032 due to the growing burden of neurological diseases coupled with the surging number of road accidents and sport-related injuries.
Some of the leading cranial fixation and stabilization devices providers are Acumed LLC, B. Braun Melsungen AG, evonos GmbH & Co. KG, Integra Lifesciences, Johnson & Johnson, KLS Martin Group, Medicon eG, Medtronic plc, Stryker Corporation, and Zimmer Biomet Holdings, Inc.
North America cranial fixation and stabilization devices industry size was USD 1.1 billion in revenue in 2023 and is predicted to witness substantial growth up to 2032 due to the increasing healthcare spending, government initiatives, and the growing aging population.