Brazil Craniomaxillofacial Devices Market Size & Outlook
Brazil craniomaxillofacial devices market, 2018-2030 (US$M)
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Brazil craniomaxillofacial devices market highlights
- The Brazil craniomaxillofacial devices market generated a revenue of USD 7.3 million in 2023 and is expected to reach USD 13.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, cmf plate and screw fixation was the largest revenue generating product in 2023.
- CMF Distraction is the most lucrative product segment registering the fastest growth during the forecast period.
Craniomaxillofacial devices market data book summary
| Market revenue in 2023 | USD 7.3 million |
| Market revenue in 2030 | USD 13.7 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Cmf plate and screw fixation |
| Fastest growing segment | CMF Distraction |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cranial Flap Fixation, CMF Distraction, Temporomandibular Joint Replacement, Thoracic Fixation, Bone Graft Substitute, CMF Plate and Screw Fixation |
| Key market players worldwide | DePuy Synthes, Stryker Corp, Medtronic PLC, B. Braun, Renishaw PLC, Medartis Holding AG Ordinary Shares, KLS Martin Group, Xilloc, Zimmer Biomet Holdings Inc, Synimed |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.4% of the global craniomaxillofacial devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico craniomaxillofacial devices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 13.7 million by 2030.
Cmf plate and screw fixation was the largest segment with a revenue share of 71.23% in 2023. Horizon Databook has segmented the Brazil craniomaxillofacial devices market based on cranial flap fixation, cmf distraction, temporomandibular joint replacement, thoracic fixation, bone graft substitute, cmf plate and screw fixation covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of vehicles registered every year in Brazil can be attributed to the rising number of road accidents in the country. According to the Biomedical and Pharmacology Journal, more than 35,000 people were involved in road traffic accidents, an average of 98 deaths per day, in 2005.
According to WHO, ~46,935 people died due to road traffic accidents in Brazil corresponding to a crude mortality rate of 23.4 per 100,000 people in 2013. This road traffic mortality rate in Brazil is higher than that in countries such as Chile or Argentina.
Increasing instances of facial fractures and injuries are expected to boost the demand for facial implants used in the treatment of traumas associated with road accidents, thereby boosting growth of the CMF devices market in the country. Increasing number of cosmetic surgeries performed in Brazil is another factor boosting the demand for CMF devices in the country.
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Craniomaxillofacial Devices Market Scope
Craniomaxillofacial Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil craniomaxillofacial devices market size, by product, 2018-2030 (US$M)
Brazil Craniomaxillofacial Devices Market Outlook Share, 2023 & 2030 (US$M)
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