The Craniofacial Implant Market Demand is expected to grow at a significant rate in the coming years, driven by several factors including rising facial injuries around the globe, and increases fall in global to stand at US$ 51.2 Million in 2022, and it is further projected to expand at a CAGR of 7.7% over the forecast period (2023 to 2033). By 2033, Craniofacial Implant Market is expected to reach US$ 114.9 Million.
The number of falls, accidents, facial trauma and craniofacial injuries has increased in recent decade. Though the injuries are not fatal, they do leave the patient with lasting facial disfigurement. The global population is getting more sensitive of their appearance and is willing to pay money to maintain their face morphology. This has necessitated the development and enhancement of customised facial implants. This has resulted in an increase in the use of specially engineered craniofacial implants and their high demand.
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In general, the market for craniofacial implants is likely to expand more in the next years. This market provides people with a personalized and convenient way to improve their appearance.
Key Takeaways from Craniofacial Implant Market Study:
- By procedure, chin augmentation procedure in craniofacial implants is predominant with market value of US$ 19.8 Million and market share of 38.7% in 2022. In light of the growing number of people who are concerned about their looks, chin augmentation is becoming more popular.
- By shape, anatomical shape accounts for 29.2% of the total market share in 2022. It ensures optimal functional and aesthetic outcomes, promoting patient satisfaction.
- By end user, cosmetic & plastic surgery clinics accounts for 53.1% of the total market share in 2022. These clinics specialize in providing comprehensive facial treatments and have skilled surgeons who are experienced in craniofacial procedures.
- By regions, North America contributes 34.6% market share globally in 2022. The North America has seen a significant surge in popularity of aesthetics with increasing number of individuals seeking cosmetic treatments to enhance their appearance and boost their self-confidence. This growing trend reflects importance of personal image and urge of cosmetic surgeries making it prominent market for craniofacial implants.
“The rising cases of facial injuries and falls contribute to need of craniofacial implants market’s rapid growth, providing considerable prospects for innovation and global expansion.” says an analyst of Future Market Insights.
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Market Competition
Collaborations, merger & acquisitions are the key strategies adopted by top players to maintain their market share within the craniofacial implant industry.
- In October 2017, Sebbin Makes an announcement the collaboration deal with Revitacare is going to be extended to include additional European countries such as Germany, Switzerland, the Netherlands, Belgium, and Luxembourg, encompassing a broad geographic region with established countries for business.
- In March 2021, Poriferous patent was given by the United States of America Patent Office for implant with porous outer layer. The implant itself has the potential to enhance the treatment of patients by stimulating tissue growth through its porous outer layer, offering Poriferous a technological edge over competitors.
- In January 2023, Embody, Inc. was purchased by Zimmer Biomet. Embody’s whole line of collagen-based biointegrative treatments that promote recovery in some of the most difficult orthopaedic injuries to soft tissues is included in the transaction.
Major Players are:
- Implantech
- Stryker
- Matrix Surgical USA
- Yuyao Jiusheng Medical Supplies Factory
- Surgusil L.L.P.
- GRAND AESPIO INC
- Sebbin
What Does the Report Cover?
Future Market Insights offers a unique perspective and actionable insights on the craniofacial implants market in its latest study, presenting a historical demand assessment of 2013 to 2022 and projections for 2023 to 2033. The global craniofacial implants market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
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Key Market Segments Covered in the Craniofacial Implants Industry Research:
By Procedure:
- Malar Augmentation
- Chin Augmentation
- Total Temporal Augmentation
- Forehead lift
By Shape:
- Anatomical
- Oval
- Round
- Customized
- Adjustable
- Others
By End User:
- Hospitals
- Cosmetic & Plastic Surgery Clinics
- Ambulatory Surgical Centers
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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