Europe Craniomaxillofacial Devices Market Size & Outlook
Europe craniomaxillofacial devices market, 2018-2030 (US$M)
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Europe craniomaxillofacial devices market highlights
- The Europe craniomaxillofacial devices market generated a revenue of USD 189.9 million in 2023.
- The market is expected to grow at a CAGR of 9.2% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 189.9 million |
| Market revenue in 2030 | USD 351.5 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Cmf plate and screw fixation |
| Fastest growing segment | Temporomandibular Joint Replacement |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 10.3% of the global craniomaxillofacial devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 234.6 million by 2030.
Cmf plate and screw fixation was the largest segment with a revenue share of 72.93% in 2023. Horizon Databook has segmented the Europe 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.
The CMF devices market in Europe is expected to witness significant growth during the forecast period owing to the well-established healthcare system and increasing demand for minimally invasive surgeries in the region.
Factors such as increasing geriatric population and technological advancements in reconstruction surgeries are expected to boost the demand for CMF devices in the coming years. Increasing adoption of customized CMF devices and rising volume of CMF surgeries are also likely to drive market growth in Europe during the forecast period.
Moreover, presence of independent organizations, such as the European Association of Neurosurgical Societies (EANS), which provide training in neurosurgeries and help increase awareness about these surgeries, is also expected to propel the growth of the CMF devices market in this region. The UK and Germany are the major contributors to the growth of the market in Europe.
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Craniomaxillofacial Devices Market Scope
Craniomaxillofacial Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe craniomaxillofacial devices market size, by country, 2018-2030 (US$M)
Europe Craniomaxillofacial Devices Market Outlook Share, 2023 & 2030 (US$M)
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