China Craniomaxillofacial Devices Market Size & Outlook
China craniomaxillofacial devices market, 2018-2030 (US$M)
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China craniomaxillofacial devices market highlights
- The China craniomaxillofacial devices market generated a revenue of USD 28.7 million in 2023 and is expected to reach USD 58.5 million by 2030.
- The China market is expected to grow at a CAGR of 10.7% 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 28.7 million |
| Market revenue in 2030 | USD 58.5 million |
| Growth rate | 10.7% (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, China accounted for 1.6% 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 Asia Pacific, China craniomaxillofacial devices market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 58.5 million by 2030.
Cmf plate and screw fixation was the largest segment with a revenue share of 72.82% in 2023. Horizon Databook has segmented the China 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.
China is one of the fastest-growing markets for CMF devices in Asia Pacific. This can be attributed to the increasing geriatric population, which is prone to bone diseases, in the country. According to Chinese Journal of Traumatology, the average annual number of Traumatic Brain Injury (TBI) cases in China is 3 to 4 million.
Owing to the increasing number of TBI cases, the use of CMF devices is expected to increase in China, thereby boosting market growth, during the forecast period. Moreover, increasing awareness about CMF devices among people and improving healthcare infrastructure are contributing to growth of the market in China.
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Craniomaxillofacial Devices Market Scope
Craniomaxillofacial Devices Market Companies
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China craniomaxillofacial devices market size, by product, 2018-2030 (US$M)
China Craniomaxillofacial Devices Market Outlook Share, 2023 & 2030 (US$M)
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