Market Size of Global Cranial Implants Industry
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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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 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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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 Million)
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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
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.