Market revenue in 2023 | USD 1,176.9 million |
Market revenue in 2030 | USD 2,206.9 million |
Growth rate | 9.4% (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 |
Cmf plate and screw fixation was the largest segment with a revenue share of 73.01% in 2023. Horizon Databook has segmented the U.S. 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 U.S. accounted for the largest share of the North American CMF devices market in 2018. This can be attributed to the availability & high adoption of technologically advanced products, established healthcare infrastructure, existence of federal regulations pertaining to these devices, and presence of various organizations working toward spreading awareness about CMF surgeries.
Expansion in insurance coverage under the Affordable Care Act (ACA), increased volume of CMF surgical procedures, and advancements in manufacturing of customized implants are among the other factors that would boost the demand for craniofacial devices during the forecast period.
Favorable initiatives undertaken by various organizations, such as American Society of Craniofacial Surgery (ASCFS) in the U.S. and International Society of Craniofacial Surgery (ISCFS) conducting periodic symposiums, to increase awareness about CMF procedures among patients and surgeons are expected to boost the usage of CMF devices over the forecast period.
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