Cranial Fixation and Stabilization Systems Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Product ; By Material Type ; By End User ; By Region

Description

Global Cranial Fixation and Stabilization Systems Market Size Booming to Touch USD 2.2 Billion by 2029.

Global cranial fixation and stabilization systems market is flourishing because of an increasing incidence of road accidents and fall injuries and the growing prevalence of neurological disorders.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global cranial fixation and stabilization systems market size at USD 1,365.817 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global cranial fixation and stabilization systems market size to grow at a significant CAGR of 8.15% reaching a value of USD 2,185.3 million by 2029. Major growth drivers for the global cranial fixation and stabilization systems market include an increasing number of traumatic brain injuries and road accidents globally. The advancements in technology have led to the development of more efficient and minimally invasive systems, driving the market further. With an increasing global aging population, there is a higher prevalence of age-related neurosurgical conditions, such as brain tumors and degenerative brain disorders. This demographic shift has expanded the need for cranial fixation and stabilization systems to address these medical conditions effectively. Another notable factor, as economies grow and healthcare expenditure increases, there is greater investment in medical facilities, technology, and research. This has led to the development of more advanced cranial fixation and stabilization systems and improved access to these devices in various regions. Also, continuous advancements in material science, 3D printing, and implant design have resulted in the development of patient-specific cranial implants and innovative bioresorbable fixation systems. These advancements have improved patient outcomes and reduced post-operative complications, driving the market growth. However, lack of trained professionals is anticipated to restrain the overall market growth during the period in analysis.

Global Cranial Fixation and Stabilization Systems Market - Overview:

Cranial fixation is a crucial technique in brain and spinal cord surgeries, demanding precision in the medical field. This delicate process involves securing bone flaps to the cranium for stable closure. These fixation systems also provide essential support in craniofacial surgeries. The healthcare industry considers this procedure one of the most demanding and sensitive. The global market for cranial fixation and stabilization systems is driven by the increasing prevalence of neurological conditions such as Parkinson's disease, stroke, and epilepsy. Favorable reimbursement policies, a rise in qualified healthcare professionals, and an uptick in accidents and falls further boost the market. Also, the utilization of 3D-printed products is expected to support market expansion.

Impact of COVID-19 on Global Cranial Fixation and Stabilization Systems Market:

COVID-19 pandemic adversely affected the global cranial fixation and stabilization systems market. Elective surgeries, including many neurosurgical procedures, were postponed or canceled during the pandemic to prioritize COVID-19 patients and conserve resources. This led to a decline in the demand for cranial fixation devices. Additionally, disruptions in the global supply chain affected the manufacturing and distribution of these systems. However, as healthcare systems adapted to the new normal, the market gradually recovered. The increased focus on healthcare infrastructure and the resumption of elective surgeries drove market growth over the post-pandemic period.

Global Cranial Fixation and Stabilization Systems Market - By End User:

On the basis of end user, the global cranial fixation and stabilization systems market is split into Hospitals and Ambulatory Surgical Centers segments. The hospitals segment is expected to hold a higher market share during the forecast period by end user due to the substantial volume of neurosurgical procedures conducted within these medical facilities. According to data from the National Center of Biotechnology Information, approximately 23 to 24 million individuals worldwide experience injuries resulting from road accidents annually, with the United States alone recording around 200 fatalities due to road accidents. These statistics underscore the rising demand for surgical interventions in hospitals in the coming years. Nevertheless, high treatment costs and prolonged hospital stays in the outpatient department are anticipated to contribute to a decline in the hospital segment's market share during the forecast period.

Competitive Landscape:

Major players operating in the global cranial fixation and stabilization systems market include: Integra LifeSciences Corporation, B. Braun Melsungen AG, Depuy Synthes (Johnson & Johnson), Medtronic Plc, Stryker Corporation, Zimmer Biomet Holding, Inc., Evonos GmbH & Co. KG, Changzhou Huida Medical Instrument Co. Ltd, Jeil Medical Corporation, and KLS Martin. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Cranial Fixation and Stabilization Systems Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Cranial Fixation and Stabilization Systems Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23653

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Cranial Fixation and Stabilization Systems Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Growing Prevalence of Neurological Disease
  - 3.2.1.2. High incidence of Road Accidents and Fail Injuries
- 3.2.2. Restraints
  - 3.2.2.1. Lack of Trained Professionals
- 3.2.3. Opportunities
  - 3.2.3.1. Rising Focus on 3D-Printed Products
  - 3.2.3.2. Emerging Markets
- 3.2.4. Challenges
  - 3.2.4.1. Competition from Local Players
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
3.6. Price Point Analysis: Global Cranial Fixation and Stabilization Systems Market, 2019-2022

4. Global Cranial Fixation and Stabilization Systems Market Overview

4.1. Market Size & Forecast by Value, 2019-2029
- 4.1.1. By Value (USD Billion)
4.2. Market Share & Forecast
- 4.2.1. By Product
  - 4.2.1.1. Cranial Fixation System
  - 4.2.1.1.1. Screws
  - 4.2.1.1.2. Plates
  - 4.2.1.1.3. Flap Tube Clamps
  - 4.2.1.1.4. Meshes
  - 4.2.1.2. Cranial Stabilization Systems
  - 4.2.1.2.1. Horseshoe Headrests
  - 4.2.1.2.2. Skull Clamps
  - 4.2.1.2.3. Accessories
- 4.2.2. By Material Type
  - 4.2.2.1. Resorbable Fixation Systems
  - 4.2.2.2. Non-resorbable Fixation Systems
- 4.2.3. By End User
  - 4.2.3.1. Hospitals
  - 4.2.3.2. Ambulatory Surgical Centres
- 4.2.4. By Region
  - 4.2.4.1. North America
  - 4.2.4.2. Europe
  - 4.2.4.3. Asia Pacific (APAC)
  - 4.2.4.4. Latin America (LATAM)
  - 4.2.4.5. Middle East and Africa (MEA)

5. North America Cranial Fixation and Stabilization Systems Market

5.1. Market Size & Forecast by Value, 2019-2029
- 5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
- 5.2.1. By Product
- 5.2.2. By Material Type
- 5.2.3. By End User
- 5.2.4. By Country
  - 5.2.4.1. United States
  - 5.2.4.1.1. By Product
  - 5.2.4.1.2. By Material Type
  - 5.2.4.1.3. By End User
  - 5.2.4.2. Canada
  - 5.2.4.2.1. By Product
  - 5.2.4.2.2. By Material Type
  - 5.2.4.2.3. By End User

6. Europe Cranial Fixation and Stabilization Systems Market

6.1. Market Size & Forecast by Value, 2019-2029
- 6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By Material Type
- 6.2.3. By End User
- 6.2.4. By Country
  - 6.2.4.1. Germany
  - 6.2.4.1.1. By Product
  - 6.2.4.1.2. By Material Type
  - 6.2.4.1.3. By End User
  - 6.2.4.2. United Kingdom
  - 6.2.4.2.1. By Product
  - 6.2.4.2.2. By Material Type
  - 6.2.4.2.3. By End User
  - 6.2.4.3. Italy
  - 6.2.4.3.1. By Product
  - 6.2.4.3.2. By Material Type
  - 6.2.4.3.3. By End User
  - 6.2.4.4. France
  - 6.2.4.4.1. By Product
  - 6.2.4.4.2. By Material Type
  - 6.2.4.4.3. By End User
  - 6.2.4.5. Spain
  - 6.2.4.5.1. By Product
  - 6.2.4.5.2. By Material Type
  - 6.2.4.5.3. By End User
  - 6.2.4.6. The Netherlands
  - 6.2.4.6.1. By Product
  - 6.2.4.6.2. By Material Type
  - 6.2.4.6.3. By End User
  - 6.2.4.7. Rest of Europe
  - 6.2.4.7.1. By Product
  - 6.2.4.7.2. By Material Type
  - 6.2.4.7.3. By End User

7. Asia-Pacific Cranial Fixation and Stabilization Systems Market

7.1. Market Size & Forecast by Value, 2019-2029
- 7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Material Type
- 7.2.3. By End User
- 7.2.4. By Country
  - 7.2.4.1. China
  - 7.2.4.1.1. By Product
  - 7.2.4.1.2. By Material Type
  - 7.2.4.1.3. By End User
  - 7.2.4.2. India
  - 7.2.4.2.1. By Product
  - 7.2.4.2.2. By Material Type
  - 7.2.4.2.3. By End User
  - 7.2.4.3. Japan
  - 7.2.4.3.1. By Product
  - 7.2.4.3.2. By Material Type
  - 7.2.4.3.3. By End User
  - 7.2.4.4. South Korea
  - 7.2.4.4.1. By Product
  - 7.2.4.4.2. By Material Type
  - 7.2.4.4.3. By End User
  - 7.2.4.5. Australia & New Zealand
  - 7.2.4.5.1. By Product
  - 7.2.4.5.2. By Material Type
  - 7.2.4.5.3. By End User
  - 7.2.4.6. Indonesia
  - 7.2.4.6.1. By Product
  - 7.2.4.6.2. By Material Type
  - 7.2.4.6.3. By End User
  - 7.2.4.7. Malaysia
  - 7.2.4.7.1. By Product
  - 7.2.4.7.2. By Material Type
  - 7.2.4.7.3. By End User
  - 7.2.4.8. Singapore
  - 7.2.4.8.1. By Product
  - 7.2.4.8.2. By Material Type
  - 7.2.4.8.3. By End User
  - 7.2.4.9. Philippines
  - 7.2.4.9.1. By Product
  - 7.2.4.9.2. By Material Type
  - 7.2.4.9.3. By End User
  - 7.2.4.10. Vietnam
  - 7.2.4.10.1. By Product
  - 7.2.4.10.2. By Material Type
  - 7.2.4.10.3. By End User
  - 7.2.4.11. Rest of APAC
  - 7.2.4.11.1. By Product
  - 7.2.4.11.2. By Material Type
  - 7.2.4.11.3. By End User

8. Latin America Cranial Fixation and Stabilization Systems Market

8.1. Market Size & Forecast by Value, 2019-2029
- 8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Material Type
- 8.2.3. By End User
- 8.2.4. By Country
  - 8.2.4.1. Brazil
  - 8.2.4.1.1. By Product
  - 8.2.4.1.2. By Material Type
  - 8.2.4.1.3. By End User
  - 8.2.4.2. Mexico
  - 8.2.4.2.1. By Product
  - 8.2.4.2.2. By Material Type
  - 8.2.4.2.3. By End User
  - 8.2.4.3. Argentina
  - 8.2.4.3.1. By Product
  - 8.2.4.3.2. By Material Type
  - 8.2.4.3.3. By End User
  - 8.2.4.4. Peru
  - 8.2.4.4.1. By Product
  - 8.2.4.4.2. By Material Type
  - 8.2.4.4.3. By End User
  - 8.2.4.5. Colombia
  - 8.2.4.5.1. By Product
  - 8.2.4.5.2. By Material Type
  - 8.2.4.5.3. By End User
  - 8.2.4.6. Rest of LATAM
  - 8.2.4.6.1. By Product
  - 8.2.4.6.2. By Material Type
  - 8.2.4.6.3. By End User

9. Middle East & Africa Cranial Fixation and Stabilization Systems Market

9.1. Market Size & Forecast by Value, 2019-2029
- 9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Material Type
- 9.2.3. By End User
- 9.2.4. By Country
  - 9.2.4.1. Saudi Arabia
  - 9.2.4.1.1. By Product
  - 9.2.4.1.2. By Material Type
  - 9.2.4.1.3. By End User
  - 9.2.4.2. UAE
  - 9.2.4.2.1. By Product
  - 9.2.4.2.2. By Material Type
  - 9.2.4.2.3. By End User
  - 9.2.4.3. Qatar
  - 9.2.4.3.1. By Product
  - 9.2.4.3.2. By Material Type
  - 9.2.4.3.3. By End User
  - 9.2.4.4. Kuwait
  - 9.2.4.4.1. By Product
  - 9.2.4.4.2. By Material Type
  - 9.2.4.4.3. By End User
  - 9.2.4.5. South Africa
  - 9.2.4.5.1. By Product
  - 9.2.4.5.2. By Material Type
  - 9.2.4.5.3. By End User
  - 9.2.4.6. Nigeria
  - 9.2.4.6.1. By Product
  - 9.2.4.6.2. By Material Type
  - 9.2.4.6.3. By End User
  - 9.2.4.7. Algeria
  - 9.2.4.7.1. By Product
  - 9.2.4.7.2. By Material Type
  - 9.2.4.7.3. By End User
  - 9.2.4.8. Rest of MEA
  - 9.2.4.8.1. By Product
  - 9.2.4.8.2. By Material Type
  - 9.2.4.8.3. By End User

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. Global Cranial Fixation and Stabilization Systems Company Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Covid-19 on Global Cranial Fixation and Stabilization Systems Market

12. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook and SWOT Analysis)

12.1. Integra LifeSciences Corporation
12.2. B. Braun Melsungen AG
12.3. Depuy Synthes (Johnson & Johnson)
12.4. Medtronic Plc
12.5. Stryker Corporation
12.6. Zimmer Biomet Holding, Inc.
12.7. Evonos GmbH & Co. KG
12.8. Changzhou Huida Medical Instrument Co., Ltd
12.9. Jeil Medical Corporation
12.10. KLS Martin
12.11. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumption & Limitation