Cranial Implants Market Overview and Introduction

Cranial implants market was estimated to be over US$ 800 Mn in 2018. It is anticipated to grow at a CAGR of 6.2% from 2019 to 2030.

The human head is made to bear a certain amount of load and it can be subjected to diverse impactful loadings. These loadings could be caused by injuries, falls or road accidents, etc. These impacts may culminate in skull fracture, and in certain cases, part of the skull is required to be replaced by a medical implant. Road accidents or injuries, or injuries resulting from trauma may also result in brain damage or swelling, which can be treated by decompressive craniectomy. Cranioplasty is a neurosurgical procedure that is used to repair cranial defects resulting due to traumatic brain injury (TBI), brain tumors, and hemorrhagic diseases. Cranioplasty is conducted with the assistance of cranial implants. Earlier, various types of materials were used for cranioplasty. With the advent of technological advancements, novel materials and technological interventions, providing specificity for the patient population according to the treatment and surgeon discretion is now possible.

Technological advancements in the field of cranial implants are boosting the growth of this market. The growing demand for customized implants that offer efficient and effective implant solutions that ensure better patient outcomes are further spurring the technological advancements. Patients and doctors alike are looking out for more cost effective solutions that offer choice of options in terms of materials and offer efficient restoration of the cranial defects. There has been a rise in the number of Trauma cases globally, due to injuries or accidents. According to The American Association for the Surgery of Trauma (AAST), traumatic brain injury (TBI) is the single substantial cause of death from injury, in the U.S. According to The American Association for the Surgery of Trauma, there are over 5 million people in the US living with disability from TBI at an estimated cost of over $37.8 billion per year. These are some of the factors boosting the growth of the cranial implants market. There are varied complications that are associated with cranial implants, such as, bleeding, risk of infection, implant fractures and adverse scarring. Lack of pertinent care during and post-surgical implantation can lead to potential implant failures and compromise the healing process, thereby impeding the growth of the cranial implants market.

Cranial Implants Market by Product

The global cranial implant market is segmented based on product, material end user and region. On basis of product, the cranial implants market is segmented into customized cranial implants and non-customized cranial implants. The customized cranial implant segment is anticipated to grow at a relatively higher CAGR during the forecast period. This growth can be attributed to the ability of this segment to cater to patient specific cranial defects or injuries and provide patient specific solutions.

Cranial Implants Market by Material

On the basis of material, the market is segmented into polymer, ceramic, and metal. The polymer segment is expected to witness highest CAGR in the coming years. However, the metal segment currently holds lions share in the global cranial implants market. Ease of availability and the success rate of patients that have metal implants coupled with their ability to resist infections, are some of the key factors that have contributed to this segments dominant market position in the cranial implants market.

Cranial Implants Market by End Users

On basis of end user, the market is segmented into hospitals and neurosurgery specialty centers. The hospital segment holds maximum share in the market owing to factors such as the ability of hospitals to handle high surgery volume and rise in the number of hospitals.

Cranial Implants Market By Regions

On the basis of region, the global cranial implants market has been segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America holds the major share of the global cranial implants market. The growth in this region is anticipated to be propelled by factors such as growing geriatric population, presence of key players, increasing awareness amongst the population regarding cranial implants, availability of technologically enhanced cranial implants. The key players in this region have a strong product portfolio, which offers a wider choice to the patient population. Asia Pacific region is expected to witness the highest CAGR in the forecast period.

Cranial Implants Market Prominent Players

The prominent players in the global cranial implants market are Zimmer Biomet, Medtronic, Stryker, Medartis, Kelyniam Global Inc., B. Braun Melsungen AG, DePuy Synthes, Xilloc Medical B.V., KLS Martin Group, Ortho Baltic, among others.