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(Medical-NewsWire.com, September 03, 2018 ) Market Overview:
In the year 2018 Global Craniomaxillofacial Implants Market was valued at USD 2.05 billion. By the year 2023, it is predicted to reach USD 2.86 billion with pace of 6.9% CAGR.
Craniomaxillofacial surgeries refer to surgeries that aid in correcting such deformities and injuries by using osteosynthesis and distraction methods. The craniomaxillofacial implants are used in treating maxillofacial region like head, face, neck, oral, and jaw surgeries. These implants can be placed either permanently or temporarily in the body and can be removed when they are no longer needed.
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Factors affecting market growth:
Growing demand for minimally invasive reconstruction surgeries. (+) Advancement of technologies. (+) Increasing number of injuries and road accidents across the globe. (+) Rising prevalence of congenital facial deformities and other disorders globally. (+) Increasing investments by government and private healthcare for craniomaxillofacial implants. (+) Introduction of new techniques or procedures in craniomaxillofacial implants. (+) Increase in the awareness levels amongst global consumers. (+)(+) High cost and risk associated with the craniomaxillofacial implants.
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Market Segmentation
The Global Craniomaxillofacial Implants Market is geographically segmented into
North America Europe Asia Pacific Latin America Middle East and Africa North America is holds the largest market share in the Global Craniomaxillofacial Implants Market due to increasing adoption of the latest medical device technology, rising awareness among people about internal and external fixation of cranial bones, rise in the demand for minimally invasive surgeries, presence of sophisticated healthcare infrastructure, and increasing healthcare expenditure. Asia-Pacific region is rapidly growing due to increasing injuries and road accidents, rising awareness among the population, and improving healthcare infrastructure are the driving factors which is expected to high growth rate for Craniomaxillofacial Implants Market during the forecast period.
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Key players:
Leading companies for Global Craniomaxillofacial Implants Market are Integra Lifesciences, OsteoMed, Medartis AG, Matrix Surgical, Calavera, Stryker, KLS Martin, Depuy Synthes, Zimmer Biomet, and Medtronic.
Market Data Forecast.
Abhishek Shukla
+1-888-702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com
Source: EmailWire.com
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