Craniomaxillofacial Devices Market Size, Share & Trends Analysis Report By Material (Metal, Ceramics), By Product (CMF Plate & Screw Fixation, Bone Graft Substitute), By Application, And Segment Forecasts, 2021 - 2028
New York, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Craniomaxillofacial Devices Market Size, Share & Trends Analysis Report By Material, By Product, By Application And Segment Forecasts, 2021 - 2028" - https://www.reportlinker.com/p06022151/?utm_source=GNW
Craniomaxillofacial Devices Market Growth & Trends
The global craniomaxillofacial devices market size is expected to reach USD 3.2 billion by 2028 registering a CAGR of 9.0% over the forecast period. Craniofacial surgery treats conditions that affect the head, skull, face, and neck. The rise in the number of facial and head injuries caused due to road accidents and increasing cases of sports-related injuries are expected to boost demand for craniomaxillofacial (CMF) devices.
Growingpreferencefor minimally invasive surgeries is also one of the key factors expected to support market growth.Organizations, such as the American Society of Craniofacial Surgery (ASCFS) and the International Society of Craniofacial Surgery (ISCFS), are conducting a research program in a probe to increase awareness of CMF surgeries, boosting consumer awareness about the craniomaxillofacial devices.
This is also projected to help boost the overall market growth.
Neck injuries are one of the most common types of injuries in vehicle accidents. Over 800, 000 cases of vehicle crashes involving neck injuries are reported per year in the U.S. Moreover, sports injuries, car accidents, and falls were some of the leading causes of head injuries in the country. Hence, the U.S. is expected to be a potential market for CMF device manufacturers. The global pandemic has led to the cancellation and rescheduling of surgical procedures, which will hamper the market growth to some extent.
Craniomaxillofacial Devices Market Report Highlights
• In 2020, the CMF plate and screw fixation segment led the global market due to the rise in the number of surgeries requiring bone stabilization
• The bioabsorbable material segment is estimated to register the fastest CAGR during the forecasted period due to technological advancements
• Neurosurgery & ENT is expected to be the fastest-growing application segment from 2021 to 2028 due to an increase in the volume of surgical procedures pertaining to trauma and the adoption of deep brain stimulation procedures
• Latin American region is projected to be the fastest-growing regional market during the forecast period on account of rising cases of accidents in Brazil and Mexico
Read the full report: https://www.reportlinker.com/p06022151/?utm_source=GNW
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