Brief Overview
Craniotomy procedures are used to open up a bone flap in the skull to expose the brain. Cranial fixation systems are designed to ensure the stability of flaps during such procedures. They can reduce the surgical time and ensure the strength of flaps. Cranial stabilization systems are required during neurosurgeries and driven by high prevalence of neurological disorders. The global cranial fixation and stabilization market report by Market Research Future (MRFR) contains historical data, current trends, and future opportunities for the forecast period (2019-2025).
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Market Segmentation
Category, product, type and end-user are the top segments considered in the MRFR report.
Cranial Fixation and Stabilization system Market are the key categories studied in the report. Cranial fixation systems are extensively used in trauma cases, which form the major portion of the total brain surgeries. As a result, the segment has taken the lead in the global market.
Products analyzed in the MRFR study include skull clamps, meshes, screws, plates, horseshoe headrests, and accessories. The demand for mesh is quite strong, given its widespread use in a number of cranial surgeries.
Types of cranial fixation and stabilization devices are resorbable and non-resorbable. Resorbable devices are non-toxic and biocompatible and have features including strength, thermoplasticity, degradation properties, hydrophilicity and crystallinity,which are key requirements during cranial surgeries. Hence, the resorbable segment is expected to dominate the worldwide market over the years to come.
Major end-users considered in the report are ambulatory surgical centers,hospitals, and more. Hospitals have been the highest revenue generating segment, and will continue to maintain its leadership throughout the given period. The huge number of neurosurgeries that are conducted in hospitals can be the biggest reason for the segment’s dominance.
Competitive Analysis
Highly competitive, the cranial fixation and stabilization market appears to be widely expanded and fragmented characterized by several small and large-scale players. To gain a competitive edge in the market, these players incorporate strategic initiatives such as mergers & acquisitions, collaboration, product launch, and expansion. These strategies, in turn, increases the profit of the company while reducing the competition, significantly. The acquisition of local manufactures by multinational companies changes the structure of the market
Industry Updates:
July 2020 Osteopore, a Bone healing biotech business, has obtained a contract with Bioplate Inc, an American cranial bone fixation specialist, to encourage and sell Osteopore products into the US market. Under the conditions of the two-year, non-exclusive contract, Bioplate will promote Osteopore's range of modified products for professional cranial and neurosurgery procedures in regions where Bioplate has prevailing sales networks.
Dec 2020 Osteopore has joined with the National University of Singapore (NUS) byproduct Magloy Tech to commercialize its novel OrthoMag bone graft product. The original implant contains magnesium plates and screws that, in facial graft surgeries, are liquefied into a patient's skin, dropping any danger of complications. The OrthoMag 3D printed implant is biodegradable, signifying that it melts once the distressed cranial bone area has mended.
Table Of Contents
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
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