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Craniomaxillofacial Devices Market Size

  • Report ID: GMI432
  • Published Date: Jul 2022
  • Report Format: PDF

Craniomaxillofacial Devices Market Size

Craniomaxillofacial Devices Market size was valued at around USD 1,365 million in 2021 and is estimated to register 9% CAGR between 2022 and 2030. The growing prevalence of facial injuries and fractures is estimated to drive the global market growth. Further, rise in the number of road accidents and traumatic events is projected to fuel the demand for craniomaxillofacial devices, especially in developing countries.

 

Craniomaxillofacial devices are majorly used in the surgical procedures of trauma injuries and reconstruction of facial and skull/cranial disorders. The different types of product or systems used in craniomaxillofacial surgical procedures include MF plate and screw fixation system, cranial flap fixation system, CMF distraction system, temporomandibular joint replacement system, thoracic fixation system and bone graft substitute systems

 

However, high cost of craniomaxillofacial surgeries that incorporate these devices and lack of awareness in developing regions may negatively impact the adoption of craniomaxillofacial devices, thereby impacting the industry growth. Craniomaxillofacial surgery involves dealing with congenital and acquired deformities of skull that is much more complicated and difficult than other surgeries, and involves participation of neurosurgeons, plastic surgeons, etc. making the overall procedure quite expensive.

 

In addition, craniomaxillofacial devices are very costly since they must be made sterile, long-lasting, and requires extensive research & testing, thereby adding on to the overall pricing. Thus, the high cost of surgery and craniomaxillofacial devices might limit its adoption, especially in developing economies that may be a restraining factor for craniomaxillofacial devices market growth.

 

The COVID-19 pandemic emerged as a serious public health concern that distorted various country’s economy, increased strain on the healthcare system, and proliferated the disease burden. Several businesses including healthcare industry experienced incremental transitions. Hospital admissions and associated medical services were offered on priority basis to the people suffering with COVID-19 that led to ignorance towards other medical practices, notably elective medical operations. Thus, such developments had negatively impacted the market growth during 2020.

 

The coronavirus pandemic has affected oral maxillofacial surgery (OMS) practice. As per the research article published by the National Centre for Biotechnology and Information (NCBI), medical professionals had postponed many elective surgeries, including several oral non-urgent procedures. Countries with high number of COVID-19 cases witnessed a slight drop in the operation volume.

 

Maxillofacial departments in countries such as Italy, U.S., Brazil, and others were increasingly involved in facing the COVID-19 emergency and catering to clinical needs of heightened patient influx. However, various countries that were declared COVID free initiated the craniomaxillofacial surgeries

 

In addition, according to the news articles, in 2020, several planned surgeries were postponed across the world, due to COVID-19 pandemic leading to patients experiencing a lengthy wait for their health issues to be resolved. Hence, the overall COVID pandemic negatively affected the market growth, although the craniomaxillofacial devices business is set to progress in coming years.

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for craniomaxillofacial devices was worth USD 1,365 million in 2021 and it may record 9% CAGR through 2030 driven by increasing road accidents.

MF plate and screw fixation system held the maximum revenue share in 2021 and may record 8.9% CAGR through 2030 owing to extensive product application in tumor removal and other surgeries.

Rising number of jaw deformities will lead to craniomaxillofacial devices market size from orthognathic surgery reaching over USD 1,228 million by 2030.

U.S. held 89% regional revenue share in 2021 and may cross USD 1,280 million by 2030 driven by numerous road accidents and the presence of key players in the country.

Craniomaxillofacial Devices Market Scope

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  • Base Year: 2021
  • Companies covered: 12
  • Tables & Figures: 1175
  • Countries covered: 54
  • Pages: 584
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