When a patient needs face or cranial bone surgery because of trauma-related fractures or other craniomaxillofacial injuries, they frequently undergo craniomaxillofacial surgery. Craniomaxillofacial devices are used in aesthetics and facial reconstruction. The devices mostly find application in neurosurgery, orthognathic and dental surgery, and plastic surgery.
The COVID-19 outbreak had a detrimental effect on the market for CMF devices since the manufacturers of products for elective procedures saw a significant drop in sales, as a result of production slowdown, a reduction in working hours, and layoffs. The Covid-19 problem had the greatest effect on the neurological product line. Due to the suspension of non-essential surgeries, orders were delayed and consumable sales were decreased. Covid Care Centers were created to house plastic surgeons, and only emergencies were treated with plastic surgery.
However, the post-pandemic period has seen a good recovery looking at the sales revenue generated by the companies. For instance, according to Johnson and Johnson financial report 2021, In all of its businesses, including Surgery, Interventional Solutions, Vision, and Orthopaedics, Medical Devices worldwide adjusted operational sales increased by 16.8%, mainly attributable to the market's recovery from COVID-19 impacts and the resulting postponement of medical procedures in the prior year.
U.S. Craniomaxillofacial Devices Market Report Highlights
- CMF Plate and Screw fixation devices emerged as the largest product type segment in 2022 accounting for the largest revenue share of over 70%
- Bioabsorbable materials are anticipated to be the fastest-growing material segment over the forecast period
- Some of the key players operating in the market include Stryker Corporation; Medtronic Plc; KLS Martin L.P; Medartis AG; Johnson & Johnson; W. L. Gore & Associates, Inc; TMJ Concepts; Integra LifeSciences; OsteoMed L.P.; Aesculap Implant Systems, Inc; Zimmer-Biomet Inc.
Table of Contents
Companies Mentioned
- Stryker Corporation
- Medtronic Plc
- KLS Martin Group
- Medartis AG
- Johnson & Johnson
- W. L. Gore & Associates, Inc.
- TMJ Concepts
- Integra LifeSciences
- OsteoMed L.P.
- Aesculap Implant Systems, LLC
- Zimmer Biomet Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 120 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.07 Billion |
Forecasted Market Value ( USD | $ 2.15 Billion |
Compound Annual Growth Rate | 9.2% |
Regions Covered | United States |
No. of Companies Mentioned | 11 |