Global Cranial Implants Market Size By Product (Customized, Non-customized), By Material (Polymer, Ceramic), By End-Use (Hospital, Neurosurgery Centers), By Geographic Scope And Forecast

Report ID: 40159|No. of Pages: 202

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Global Cranial Implants Market Size By Product (Customized, Non-customized), By Material (Polymer, Ceramic), By End-Use (Hospital, Neurosurgery Centers), By Geographic Scope And Forecast

Report ID: 40159|Published Date: May 2024|No. of Pages: 202|Base Year for Estimate: 2023|Format:   Report available in PDF formatReport available in Excel Format

Cranial Implants Market Size And Forecast

Cranial Implants Market size was valued at USD 1058.33 USD Million in 2024 and is projected to reach USD 1751.54 USD Million by 2031 , growing at a CAGR of 6.50%% from 2024 to 2031

 

Cranial Implants Market Size And Forecast

Global Cranial Implants Market Drivers

The market drivers for the Cranial Implants Market can be influenced by various factors. These may include:
Technological Advancements: The quality and customizability of cranial implants have been greatly enhanced by advances in biomaterials, 3D printing, and computer-aided design (CAD) technology. These developments make it possible to create implants that are more accurate and customised, which improves surgical results and patient happiness.

  • Growing Rates of Neurological Disorders and Cranial Injuries: Head injuries from trauma, sports injuries, and other incidents are becoming more common. Furthermore, cranial implants are in high demand because neurological diseases including brain tumours and congenital malformations frequently necessitate surgical intervention.
  • Growth in the Geriatric Population: Fractures caused by osteoporosis, cranial deformities, and other age-related neurological disorders are among the ailments that are increasingly common in the ageing population and may require cranial implants. Market expansion is anticipated to be driven by this demographic trend.
  • Requirement for Custom-Made Implants: Patients are becoming more and more in favour of anatomy-specific implants, or PSIs. The fit and integration of the implant are improved by this customisation, increasing the overall success rates of cranial procedures.
  • Expanding Adoption of Minimally Invasive Procedures: The industry is also being driven by the move towards minimally invasive surgical methods. Specialised implants made for less invasive procedures are frequently needed for these procedures, which can shorten recovery times and enhance patient outcomes.
  • Development of Healthcare Infrastructure: Access to sophisticated surgical treatments is being facilitated by advancements in healthcare infrastructure, particularly in emerging economies. The need for advanced cranial implant solutions is fueled by improved healthcare facilities and rising healthcare costs.
  • Regulatory Approvals and Advantageous Reimbursement Policies: In many areas, favourable reimbursement policies for cranial procedures and regulatory bodies that approve novel and cutting-edge implant products encourage patients and healthcare professionals to choose cutting-edge implant solutions.
  • Improved Awareness and Diagnosis: Early and more frequent diagnosis of illnesses requiring cranial implants is the result of increased awareness of cranial problems and advancements in diagnostic procedures. Both the number of procedures performed and the demand for premium implants are driven by this awareness.

Global Cranial Implants Market Restraints

Several factors can act as restraints or challenges for the Cranial Implants Market. These may include:
Exorbitant Implant and Procedure Costs: Cranial implants can be costly, especially if they are customised utilising cutting-edge technology like 3D printing. Accessibility to implants may be restricted due to their expensive cost and the corresponding surgical procedures, particularly in areas with minimal healthcare spending.

  • Tight Regulatory Frameworks: Medical device approval, which includes cranial implants, is subject to stringent regulations and takes a long period. Extensive clinical data is required by regulatory agencies like the European Medicines Agency (EMA) and the U.S. Food and Drug Administration (FDA) in order to guarantee safety and efficacy, which might cause a delay in the release of new drugs onto the market.
  • Restricted Reimbursement Policies: In certain areas, there are no or very limited reimbursement policies for cranial implants and associated surgical procedures. The absence of financial assistance may discourage medical professionals and patients from choosing these cutting-edge therapies.
  • Surgical Risks and Complications: Implant rejection, infection, and other complications are among the inherent risks associated with craniofacial procedures. Patients and medical professionals may be reluctant to pursue these procedures due to the possible negative consequences.
  • Technical Difficulties and Complexity: The creation and production of cranial implants, particularly those built to order, include intricate procedures requiring specialised knowledge and tools. The acceptance and success rates of these implants may be constrained by technological difficulties in guaranteeing exact fit and functionality.
  • Economic Disparities: Variations in the economies of various nations and areas might have an impact on market expansion. The adoption of modern cranial implants may be limited in low- and middle-income countries because to poor healthcare infrastructure and financial constraints.
  • Absence of Skilled Professionals: Highly skilled physicians and surgeons are necessary for the effective use of cranial implants. Adoption and success of these techniques may be hampered in some areas by a lack of trained workers.
  • Ethical and Cultural Considerations: Surgical procedures affecting the skull or brain may encounter ethical or cultural opposition in some cultures. In some areas, this may have an impact on patient acceptance as well as the total market penetration of cranial implants.

Global Cranial Implants Market Segmentation Analysis

The Global Cranial Implants Market is segmented on the basis of Product, Material, End-Use, And Geography.

Cranial Implants Market Segmentation Analysis

Cranial Implants Market, By Product

  • Customized
  • Non-customized

Based on Product, The market is segmented into Customized and Non-customized. The Customized cranial implants sector has the largest market share by product, owing to its widespread use by surgeons, as each skull damage is unique and necessitates custom-made implants. To expand their consumer base, manufacturers of personalized cranial implants are cooperating with physicians. Because every skull injury is individual and requires specific implants, the personalized cranial implants sector is anticipated to stay ahead of the curve owing to a growing presence of the product by surgeons.

Cranial Implants Market, By Material

  • Polymer
  • Ceramic
  • Metal

Based on Material, The market is segmented into Polymer, Ceramic, and Metal. The Polymer sector has a considerable market share because it is the most commonly utilized material. Ceramic materials are also projected to grow rapidly. The Ceramic cranial implant can send light and ultrasound to the brain. The Ceramic material segment is anticipated to have the highest growth rate.

Cranial Implants Market, By End-Use

  • Hospital
  • Neurosurgery Centers

Based on End-Use, The market is segmented into Hospital and Neurosurgery Centers. The Hospital is the leading end-use segment. The Neurosurgery Centers category, on the other hand, is rapidly expanding because of the availability of specialized and individualized treatment for patients, as well as better results when compared to hospitals. Furthermore, the demand for Neurosurgery Centers is growing due to improved results compared to hospitals.

Cranial Implants Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of Geography, The Global Cranial Implants Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The market for Cranial Implants in the United States is led by North America. This is due to an increase in the number of cases of brain cancer and trauma, as well as the adoption of technologically improved products and increased spending on healthcare infrastructure. The Asia Pacific region is also rapidly expanding, owing to an increase in neurological disorders and a rise in government and non-governmental initiatives.

Key Players

The “Global Cranial Implants Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as B. Braun Melsungen AG, Johnson & Johnson, KLS Martin Group, Stryker Corporation, Ortho Baltic, Anatomics Pty Ltd., Bioplate Inc, Zimmer Biomet Holdings Inc., Medtronic, Kelyniam Global Inc., Xilloc Medical B.V., Medartis, DePuy Synthes.

Our market analysis includes a section specifically dedicated to large firms, where our analysts give an overview of each player’s financial statements, product benchmarking, and SWOT analysis. The competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of the aforementioned competitors internationally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2031

BASE YEAR

2023

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

B. Braun Melsungen AG, Johnson & Johnson, KLS Martin Group, Stryker Corporation, Ortho Baltic, Anatomics Pty Ltd., Bioplate Inc, Zimmer Biomet Holdings Inc.

SEGMENTS COVERED

By Product, By Material, By End-Use, And By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research

Research Methodology VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Frequently Asked Questions

Cranial Implants Market was valued at USD 1058.33 USD Million in 2023 and is projected to reach USD 1751.54 USD Million by 2031 , growing at a CAGR of 6.50%% from 2024 to 2031

The market is being driven by the increasing popularity of personalized 3d printing technology and ceramic cranial implants.

The major players are B. Braun Melsungen AG, Johnson & Johnson, KLS Martin Group, Stryker Corporation, Ortho Baltic, Anatomics Pty Ltd., Bioplate Inc, Zimmer Biomet Holdings Inc.

The Global Cranial Implants Market is segmented on the basis of Product, Material, End-Use, And Geography.

The sample report for the Cranial Implants Market can be obtained on demand from the website. Also, 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION OF GLOBAL CRANIAL IMPLANTS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL CRANIAL IMPLANTS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL CRANIAL IMPLANTS MARKET, BY PRODUCT
5.1 Overview
5.2 Customized
5.3 Non-customized

6 GLOBAL CRANIAL IMPLANTS MARKET, BY MATERIAL
6.1 Overview
6.2 Polymer
6.3 Ceramic
6.4 Metal

7 GLOBAL CRANIAL IMPLANTS MARKET, BY END-USE
7.1 Overview
7.2 Hospital
7.3 Neurosurgery Centers

8 GLOBAL CRANIAL IMPLANTS MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East & Africa

9 GLOBAL CRANIAL IMPLANTS MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies

10 COMPANY PROFILES

10.1 Medtronic
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments

10.2 Zimmer Biomet Holdings Inc.
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments

10.3 Ortho Baltic
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments

10.4 Kelyniam Global Inc.
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments

10.5 KLS Martin Group
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments

10.6 Stryker Corporation
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments

10.7 Xilloc Medical B.V.
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments

10.8 Medartis
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments

10.9 DePuy Synthes
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments

10.10 B. Braun Melsungen AG.
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments

11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations

12 Appendix
12.1 Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Cranial Implants Market

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