Cranial Implants Market 2024 | Market Size, Key Drivers, Industry Developments, Share, Future Growth Prospects and Forecast To 2033

 

Overview and Scope

Cranial implants are used for protecting intracranial structure, reconstructing the skull shape, normalizing cerebral hemodynamics, and also during cranial reconstruction procedures after cranial defects.

 

Sizing and Forecast

The cranial implants market size has grown rapidly in recent years. It will grow from $1.11 billion in 2023 to $1.23 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%.  The  growth in the historic period can be attributed to increased prevalence of trauma and injury cases, neurological surgeries, patient-specific implants, aging population, regulatory compliance, increased medical tourism.

 

The cranial implants market size is expected to see rapid growth in the next few years. It will grow to $1.82 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%.  The growth in the forecast period can be attributed to growing emerging technologies, increasing minimally invasive procedures, increasing neurological disorders, growing telemedicine and remote surgery, growing need for biocompatible materials. Major trends in the forecast period include iot integration, customized cranial reconstruction, technological innovations, innovative solutions, strategic partnerships.

 

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Segmentation & Regional Insights

The cranial implants market covered in this report is segmented –

1) By Type: Customized Cranial Implants, Non-customized Cranial Implants

2) By Material: Polymer, Ceramic, Metal

3) By End User: Hospital and Trauma Centers, Ambulatory Surgical Centers, Speciality Clinics, Other End-Users

 

Top Major Players

B. Braun Melsungen A

DePuy Synthes Inc.

Stryker Corporatio

Zimmer Biomet Holdings Inc.

Kelyniam Global Inc.

 

North America was the largest region in the cranial implants market in 2023. Asia-Pacific is predicted to record the fastest growth over the forecast period. The regions covered in the cranial implants market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

 

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Major Driver Impacting Market Growth

The rising prevalence of neurological diseases and road accidents is expected to propel the growth of the cranial implants market in the forecast period. According to Parkinson's disease statistics, Parkinson's disease is the second most common age-related neurological disorder after Alzheimer's disease. A cranial implant will enable doctors to look inside the brain without having to drill a new hole in the skull each time, making neurological disorder treatment easier.  According to Parkinson's Foundation, in September 2021, Around one in six people in the UK have at least one neurological condition with an estimated 600,000 people diagnosed each year, they can affect anyone at anytime. Therefore, the rising prevalence of neurological diseases and road accidents is driving the cranial implants market growth.

 

Key Industry Players

Major companies operating in the cranial implants market include  B. Braun Melsungen AG, DePuy Synthes Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., Kelyniam Global Inc., Medartis Holding AG, Osteomed LLC, KLS Martin Group, Renishaw plc, Xilloc Medical B.V., Medtronic plc, Ortho Baltic, Evonos GmbH, Synimed GmbH, Johnson & Johnson Services Ltd., Integra LifeSciences Corporation, OssDsign AB, Medicon eG, BIOARCHITECTS, Stryker Corporation,  Medline Industries Inc., Matrix Meditec Pvt. Ltd., Matrix Surgical USA, Sibelco UK Ltd., Anatomics Pty Ltd., ProDentis GmbH, Biomet Microfixation Inc., Cochlear Limited, Combilift Ltd., Conformis Inc., Cranios USA

 

The cranial implants  market report table of contents includes:

1. Executive Summary

2. Cranial Implants Market Characteristics

3. Cranial Implants Market Trends And Strategies

4. Cranial Implants Market - Macro Economic Scenario

5. Global Cranial Implants Market Size and Growth

..............................

31. Global Cranial Implants Market Competitive Benchmarking

32. Global Cranial Implants Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Cranial Implants Market

34. Cranial Implants Market Future Outlook and Potential Analysis

35. Appendix

 

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