Market Size of Global Cranial and Facial Implants Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 6.90 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Cranial & Facial Implants Market Analysis
The Cranial and Facial Implants Market is expected to register a CAGR of 6.9% during the forecast period.
COVID-19 is expected to have a significant impact on the growth of the market during the forecast period. The innovative product development during COVID-19 is expected to contribute to the growth of the market. For instance, in the article titled " Nagpur Company's implant replaces man's 75% skull lost to mucormycosis" published in February 2022 A custom-made titanium implant created by Lucid implants was used to restore the contour of the skull and face, restoring the patients' appearance and function of protecting the skull. This skull was 75% reconstructed and had to be done due to black fungus post-COVID-19. Such developments are expected to boost the growth of the market during the pandemic period. Also, the increase in surgeries during the post-pandemic period is expected to drive the growth of the market.
Cranial and facial implants are the implants used during cranial and facial reconstruction to repair abnormalities in the shape of the skull and facial features resulting from injury, infection, malignancy, birth defects, or any genetic disorders. Cranial or facial defects that are lesser than 3 cm in diameter do not require reconstruction and can be repaired with bone cement and if greater than 3 cm are treated with cranial or facial implants. Generally, custom-made implants are designed for patients depending upon the patient's condition. Cranial or facial implants are made of biocompatible materials such as polymethyl methacrylate, porous polyethylene, and titanium and the material of the implants depends upon the surgeon's decision.
The Ministry of Communications and Transportation (Mexico) data updated in September 2020 shows that a total of 8,500 people were injured in road traffic accidents. In addition to that, Mexico recorded 2.9 road fatalities per 10,000 registered vehicles, while Seniors over 75 years of age suffered road fatalities at a rate of 21 per 100,000 inhabitants in 2019, as per the International Transport Forum, Road Safety Report 2020. Therefore, the burden and growing road accident cases are estimated to boost the demand for the cranial and facial implant market. Rising incidence of accidents, rising prevalence of acquired or congenital deformities of the face along with technological advancements in plastic surgery procedures is the key driving factors in the cranial and facial implants market.
