Cranial Implants Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.60 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Cranial Implants Market Analysis
The cranial implants market is expected to register a CAGR of nearly 5.6 % during the forecast period (2022-2027).
COVID-19 had affected the overall healthcare industry. Elective surgeries were massively delayed due to the sudden shutdown of a lot of healthcare services during the pandemic. As per the article published in 2021 under the title 'Impact of the Coronavirus (COVID-19) pandemic on surgical practice - Part 2 (surgical prioritisation)', all specialties have written guidelines for how to handle the pandemic, which has had a substantial impact on surgical practice. Every specialty had to prioritize the urgency of their routine surgical operations and, when practical, look into non-surgical care options. The Pandemic has affected workplace practices, surgical methods, open vs. minimally invasive procedures, theatre workflow, patient, and staff safety, as well as education and training. As per the point mentioned above, COVID-19 had a significant impact on the cranial implant market.
The major factors attributing to the growth of the cranial implants market are a rise in the number of brain tumors, an increased geriatric population, and enhanced public health awareness and measures that have led to rapid and effective medical interventions. For instance, as per Cancer.Net, brain and other nervous system cancer is the 10th leading cause of death for men and women. It is estimated that 18,280 adults in the United States (10,710 men and 7,570 women) were anticipated to be in a high-risk category for primary cancerous brain and CNS tumors in 2022. Worldwide, an estimated 251,329 people died from primary cancerous brain and CNS tumors in 2020.
Furthermore, the rise in government support, combined with increased research activities in technological advancements, fuels the cranial implants market. For instance, in 2021, the World Federation of Neurology announced its Brain Health Initiative, which intended to educate people regarding the importance of brain health. Education and advocacy through the initiative are likely to help people in the fight to improve brain health.
Hence as per the factors mentioned above, the cranial implant market is anticipated to witness growth over the forecast period. However, the high cost of cranioplasty and neurosurgical procedures may hamper the market growth.
Cranial Implants Market Trends
This section covers the major market trends shaping the Cranial Implants Market according to our research experts:
Customized Cranial Implants is Expected to Hold the Major Market Share in the Cranial Implants Market
The customized cranial implants are expected to account for the largest share of the cranial implants market in the forecasted period owing to their ability to meet the patient's specific needs by customizing the implants based on the injuries or defects, thereby reducing the risk of infection. There is also increasing approval of new products by the United States Food and Drug Administration that drives critical players to launch customized cranial implants with technological advancements in the market, which fuels the growth of the segment.
There are increased research and developments carried out in improving the customization for cranial implants, which boosts the market growth. For instance, the article published in 2022 under the title "Adaptive Mechanism for Designing a Personalized Cranial Implant and Its 3D Printing Using PEEK" stated that by using a newly developed hybrid technique, it is anticipated to be possible to create perfect cranial implants that are specific to each patient's problem. The implant is made of polyetheretherketone (PEEK), which is a suitable substitute for titanium implants for customized implants and is easier to use, lighter, and robust enough to protect the brain. Furthermore, the presence of competitors, mergers, acquisitions and new product launches fuels the market growth. For instance, in June 2022, OssDsign AB announced that the company has completed its first sales of OssDsign Cranial PSI in Japan. The launch marks an important strategic milestone, following a period of postponed commercial activities due to the Covid-19 pandemic. OssDsign Cranial PSI is a patient-specific cranial implant made from 3D printed medical-grade titanium covered by a regenerative calcium phosphate composition.
Due to the aforementioned factors, customized cranial implants are likely to witness growth over the forecast period.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America has been the primary market for cranial implants, owing to the rise in the number of brain tumor cases and an increase in the adoption of advanced technologies. For instance, as per the 2022 report from Cancer.net, approximately 5,900 brain and other CNS tumors are anticipated to be diagnosed in children ages 0 to 19 in the United States. After leukemia, brain and other CNS tumors are the second most common childhood cancers, accounting for about 26% of cancer in children younger than 15 and 21% of cancer in teens ages 15 to 19 in the United States.
Furthermore, the presence of competitors, product launches, and acquisitions boost the market studied in the North American region. For instance, in April 2021, the United States Food and Drug Administration (FDA) cleared a brain implant from Longeviti Neuro Solutions that enables clinicians to capture images of the brain after surgery. The Longeviti ClearFit implant is a neuro reconstructive implant that surgeons use to reconstruct a patient's cranium.
As per the factors mentioned above North America is likely to face growth over the forecast period.
Cranial Implants Industry Overview
The Cranial Implants Market is moderately competitive and consists of several major players. In terms of market share, few of the major players are currently dominating the market. Some prominent players are launching new products, while others are distributing the products. Some of the companies which are currently dominating the market are B. Braun Melsungen AG, Johnson & Johnson, KLS Martin Group, Stryker Corporation, and Zimmer Biomet.
Cranial Implants Market Leaders
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Stryker Corporation
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Johnson & Johnson
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B. Braun Melsungen AG
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Zimmer Biomet
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KLS Martin Group
*Disclaimer: Major Players sorted in no particular order
Cranial Implants Market News
- In February 2022, one of the largest cranial implant reconstructions in India have been done by the doctors for a 30-year-old man diagnosed with mucormycosis. The custom-made titanium implant was made by Lucid Implant, based out of Nagpur.
- In October 2021, Singular Health has been awarded funding from the Commonwealth Scientific and Industrial Research Organisation (CSIRO) Kick-Start Program to undertake a research project with the national science agency, focused on the development of an Artificial Intelligence (AI)-based tool to automatically design replacement cranial implants.
Cranial Implants Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rise in Number of Trauma Cases Along With the Increased Geriatric Population
4.2.2 Increased in R&D Activities and Enhanced Health Awareness Among Public
4.3 Market Restraints
4.3.1 High Cost of Cranioplasty and Neurosurgical Procedures
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD Million)
5.1 By Type
5.1.1 Customized Cranial Implants
5.1.2 Non-Customized Cranial Implants
5.2 By Material
5.2.1 Polymer
5.2.2 Ceramic
5.2.3 Metal
5.3 By End-user
5.3.1 Hospitals
5.3.2 Neurosurgery Specialty Centers
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle-East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle-East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 B. Braun Melsungen AG
6.1.2 Johnson & Johnson
6.1.3 KLS Martin Group
6.1.4 Stryker Corporation
6.1.5 Zimmer Biomet
6.1.6 Anatomics Pty Ltd.
6.1.7 BioArchitects
6.1.8 Bioplate Inc
6.1.9 EUROS SAS
6.1.10 evonos GmbH & Co. KG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Cranial Implants Industry Segmentation
As per the scope of the report, cranial implants are the devices used in cranioplasty, a surgical procedure used to reconstruct the defects or deformities of the skull caused by the traumatic brain injury, ischemic diseases, or brain tumors. These implants are made up of biocompatible materials such as ceramics, metals, and polymers. The Cranial Implants Market is segmented by Type (Customized Cranial Implants and Non-Customized Cranial Implants), Material (Polymer, Ceramic, Metal), End-User (Hospitals, Neurosurgery Specialty Centers), and Geography (North America, Europe, Asia-Pacific, Middle-East, and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.
| By Type | |
| Customized Cranial Implants | |
| Non-Customized Cranial Implants |
| By Material | |
| Polymer | |
| Ceramic | |
| Metal |
| By End-user | |
| Hospitals | |
| Neurosurgery Specialty Centers |
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Cranial Implants Market Research FAQs
What is the current Global Cranial Implants Market size?
The Global Cranial Implants Market is projected to register a CAGR of 5.60% during the forecast period (2024-2029)
Who are the key players in Global Cranial Implants Market?
Stryker Corporation, Johnson & Johnson, B. Braun Melsungen AG, Zimmer Biomet and KLS Martin Group are the major companies operating in the Global Cranial Implants Market.
Which is the fastest growing region in Global Cranial Implants Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Cranial Implants Market?
In 2024, the North America accounts for the largest market share in Global Cranial Implants Market.
What years does this Global Cranial Implants Market cover?
The report covers the Global Cranial Implants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Cranial Implants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Cranial Implants Industry Report
Statistics for the 2024 Cranial Implants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cranial Implants analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
