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Technological advancements in the field of cranial fixation and stabilization devices have enabled more precise, safe, and effective surgeries for various neurological conditions.
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.