Market Size of Global Cranial Implants Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.31 Billion |
Market Size (2029) | USD 1.79 Billion |
CAGR (2024 - 2029) | 6.50 % |
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 Global Cranial Implants Market size is estimated at USD 1.31 billion in 2024, and is expected to reach USD 1.79 billion by 2029, growing at a CAGR of 6.5% during the forecast period (2024-2029).
The major factors attributing to the growth of the cranial implants market are a rise in brain tumors, an increased geriatric population, and enhanced public health awareness and measures that have led to rapid and effective medical interventions.
The increasing burden of brain tumors is expected to boost the demand for cranial implants and is expected to contribute to the studied market growth. For instance, as per the data updated by the Global Cancer Observatory (GCO) Organization in February 2024, brain and other nervous system cancer cases were estimated to reach 341 thousand and 375 thousand by 2025 and 2030 respectively, globally.
Similarly, as per the data published by the American Association of Neurological Surgeons (AANS) in April 2024, the United States witnesses an estimated 1.7 to 3.8 million traumatic brain injuries annually, with 10% stemming from sports and recreational activities. Hence, the high burden of brain tumors and brain injuries likely drive the market growth over the study period.
Furthermore, the widespread adoption of cranial implants in various surgical procedures like cranioplasty is expected to drive market growth over the study period. For instance, in October 2023, 3D Systems developed a patient-specific 3D-printed cranial implant with its point-of-care technologies that was utilized in a cranioplasty procedure at University Hospital Basel in Switzerland. Hence, the implementation of these advanced cranial implants will likely increase demand and adoption over the coming years, thereby boosting market growth over the forecast period.
Hence, given the abovementioned factors, such as the high burden of brain injuries and the widespread adoption of cranial implants, the market is anticipated to witness significant growth over the forecast period. However, the high cost of cranioplasty and neurosurgical procedures likely hampers the market's growth over the forecast period.
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 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, material, end-user, and geography. By type, the market is segmented into customized cranial implants and non-customized cranial implants. By material, the market is segmented into polymer, ceramic, and metal. By end-user, the market is segmented into hospitals and neurosurgery specialty centers. By geography, the market is segmented into North America, Europe, Asia-Pacific, the 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) 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 |
Geography | ||||||||
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Global Cranial Implants Market Size Summary
The cranial implants market is poised for significant growth, driven by an increasing incidence of brain tumors, a rising geriatric population, and heightened public health awareness. The market's expansion is further supported by government initiatives and advancements in research and technology. The COVID-19 pandemic had a notable impact on the market, causing delays in elective surgeries and altering surgical practices. However, the market is expected to recover and grow, with customized cranial implants anticipated to dominate due to their ability to cater to specific patient needs, thereby reducing infection risks. The development of new materials and techniques, such as the use of polyetheretherketone (PEEK) for personalized implants, is also contributing to market growth.
North America remains the leading region in the cranial implants market, bolstered by a high prevalence of brain tumors and the adoption of advanced medical technologies. The presence of major competitors and ongoing product innovations further enhance the market's prospects in this region. The market is moderately competitive, with key players like B. Braun Melsungen AG, Johnson & Johnson, KLS Martin Group, Stryker Corporation, and Zimmer Biomet holding significant shares. Recent developments, such as the launch of new products and strategic partnerships, are expected to drive further growth. Despite challenges like the high cost of procedures, the market is set to expand, supported by continuous research and development efforts.
Global Cranial Implants Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rise in Number of Trauma Cases Along With the Increased Geriatric Population
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1.2.2 Increased in R&D Activities and Enhanced Health Awareness Among Public
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1.3 Market Restraints
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1.3.1 High Cost of Cranioplasty and Neurosurgical Procedures
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Type
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2.1.1 Customized Cranial Implants
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2.1.2 Non-Customized Cranial Implants
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2.2 By Material
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2.2.1 Polymer
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2.2.2 Ceramic
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2.2.3 Metal
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2.3 By End-user
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2.3.1 Hospitals
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2.3.2 Neurosurgery Specialty Centers
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Global Cranial Implants Market Size FAQs
How big is the Global Cranial Implants Market?
The Global Cranial Implants Market size is expected to reach USD 1.31 billion in 2024 and grow at a CAGR of 6.5% to reach USD 1.79 billion by 2029.
What is the current Global Cranial Implants Market size?
In 2024, the Global Cranial Implants Market size is expected to reach USD 1.31 billion.