Canada Craniomaxillofacial Devices Market Size & Outlook
Canada craniomaxillofacial devices market, 2018-2030 (US$M)
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Canada craniomaxillofacial devices market highlights
- The Canada craniomaxillofacial devices market generated a revenue of USD 274.0 million in 2023 and is expected to reach USD 527.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, cmf plate and screw fixation was the largest revenue generating product in 2023.
- Temporomandibular Joint Replacement 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 274.0 million |
| Market revenue in 2030 | USD 527.3 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Cmf plate and screw fixation |
| Fastest growing segment | Temporomandibular Joint Replacement |
| 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, Canada accounted for 14.8% 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 North America, U.S. craniomaxillofacial devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 527.3 million by 2030.
Cmf plate and screw fixation was the largest segment with a revenue share of 73.03% in 2023. Horizon Databook has segmented the Canada 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.
Canada holds substantial revenue share in the market owing to technological advancements in CMF devices. According to a report published by Brain Injury Association of Canada (BIAC), approximately 160,000 Canadians sustain brain injuries every year, and almost 50% of these injuries are caused due to motor vehicle accidents.
Rising prevalence of brain injuries has resulted in increased number of craniotomy procedures, which thereby boosts the usage of CMF devices. The aforementioned factors are expected to propel the CMF devices market in this country.
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Craniomaxillofacial Devices Market Scope
Craniomaxillofacial Devices Market Companies
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Canada craniomaxillofacial devices market size, by product, 2018-2030 (US$M)
Canada Craniomaxillofacial Devices Market Outlook Share, 2023 & 2030 (US$M)
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