Cranial Clamps Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 4.70 % |
| 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 Clamps Market Analysis
The cranial clamps market is expected to register a CAGR of 4.7% over the forecast period.
- The COVID-19 pandemic had a significant impact on healthcare facilities' routine and daily operations as well as the entire healthcare supply chain. The distribution of neurosurgical tools like cranial clamps was impacted due to the altered supply chain during the pandemic period. For instance, in November 2021, OsteoMed faced supply chain challenges in European Union due to various factors, one of which is due to the COVID-19 pandemic.
- In addition, as per the same source, OsteoMed opened a new logistics center in Madrid, Spain, which enhanced the customer experience in the European Union (EU) by reducing delivery times, mitigating supply chain risks, and accelerating growth. Hence, the market had an adverse impact initially. However, with new strategic initiatives by the market players, the market is expected to be normalized over the coming years.
- The key contributors that are expected to drive the market are the increasing number of traumatic brain injuries and spine-related surgeries, and others. For instance, According to the report published by the Neurological Society of India in March 2022, road traffic accidents made up 60% of traumatic brain injuries, with assault and falls accounting for the majority of the remaining 40%. In addition, vehicle crashes caused 60% of traumatic brain injuries, falls caused 25%, attacks and violence caused 10%, and other causes accounted for the remaining cases. Traumatic brain injuries are projected to rise at a similar rate in the upcoming years as road deaths, which are rising at a rate of 5 to 8% annually. Hence, with the increasing burden of brain injuries and road accidents, the demand for cranial clamps increases, which is the major device used during neurological surgeries that can drive the market over the study period.
- Furthermore, the rising number of road accidents which are the main cause of brain injuries, is expected to drive the market over the study period. For instance, as per the StatBel statistics published in June 2022, there were 34,640 road traffic accidents in 2021, bringing the total of casualties to 42,566 in Belgium. Thus the increasing number of road traffic accidents is expected to raise the demand for cranial clamps and is likely to boost the market to growth over the study period.
- In addition, the new acquisitions among the market players are expected to boost the market. For instance, in December 2021, Baxter International Inc completed its acquisition of Hillrom. Hillrom offers C-Flex Head Positioning System that allows easy, precise adjustments for head and cervical spine surgeries.
- Therefore, with all the aforementioned factors, like increasing road accidents along with traumatic brain injuries increase and new acquisitions of market players, the demand for cranial clamps is expected to boost the market over the study period. However, complications associated with cranial clamps are expected to hinder the growth of the market over the forecast period.
Cranial Clamps Market Trends
Hospital Segment is Expected to Exhibit a Significant Growth in the Market Over the Forecast Period
- The hospital segment is expected to grow at a significant rate due to the increasing burden of neurological diseases, the high burden of emergency unintentional injuries, and the presence of skilled professionals. According to the Public Health Scotland (PHS) reports 2022, falls were by far the most frequent reason for emergency admissions for unintentional injuries in children, accounting for nearly half (46%) of the 5,919 emergency admissions in 2021-2022.
- Similarly, as per the same above-mentioned source, 87% of unintentional injuries in people 65 and older were caused by falls, which climbed from 20.7 per 1,000 in past years to 22.5 per 1,000 in 2022-23. The increasing prevalence of accidental falls raises the need for cranial clamps, which are utilized during neurosurgeries for brain injuries because falls are a primary cause of brain injuries and is expected to propel the growth of the market over the study period.
- Furthermore, the new advancements and infrastructure in the hospital settings for brain injuries are expected to increase the demand for cranial clamps and drive the market over the study period. For instance, in October 2021, BrainScope and Aon plc completed an intellectual property-based funding arrangement.
- The funding arrangement provides BrainScope with up to USD 35 million in capital to fund the full expansion of its commercial activities as well as to develop new clinical applications on its platform. These new advancements in hospital settings for traumatic brain injuries increase hospital admission, which is expected to drive the market over the study period.
- Thus, all the above-mentioned factors, like increasing emergency admissions along with traumatic brain injuries and funding arrangements, increase the hospital brain trauma services along with rising demand for cranial cramps, which is expected to have significant growth on the market over the forecast period.
North America is Expected to Hold a Significant Share in the Market Over the Forecast Period
- North America is expected to have a significant share in the market, owing to the rising prevalence of neurological diseases such as brain stroke. In addition, the presence of skilled professionals related to the treatment of brain injuries, along with advanced healthcare infrastructure within the emergency departments in the region, is expected to have significant growth in the market.
- Furthermore, the high burden of spinal cord injury in the region increases the need for surgeries and increases the demand for cranial clamps. For instance, as per the National Spinal Cord Injury Model Systems (SCIMS) database, in June 2022, there were more than 51,000 persons who sustained traumatic spinal cord injuries in the United States. This shows the high burden of spinal cord injuries in the region, which need cranial clamps during the maintenance of spinal cord injuries.
- The main causes of spinal injuries include traffic or road accidents. Thus, with an increasing number of road accidents, the market is expected to have a significant impact on the market. For instance, according to GNP Insurance 2022, the number of car accident injuries grew by 28% in 2021 compared to the previous year in Mexico, which increases the demand for cranial camps and is expected to drive the market over the forecast period.
- Furthermore, new product approvals can drive the market to grow. For instance, in April 2022, Thompson Surgical Instruments received approval for its Thompson nrain retractor skull clamp mounted (SCM) from United States FDA. These approvals increase the widespread distribution of the product in the region and are expected to boost the market.
- Therefore, all the aforementioned factors, like increasing road accidents along with the high burden of spinal cord injuries and new product approvals in the region, are expected to increase the demand for cranial clamps, which likely boosts the market over the forecast period.
Cranial Clamps Industry Overview
The cranial clamps market is competitive with few major dominant players. Some of the key market players include pro med instruments GmbH, Johnson & Johnson (Depuy Synthes), Aesculap Inc., Integra LifeSciences Corporation, IMRIS, Deerfield Imaging Inc., B. Braun SE, Micromar, and Baxter International Inc (Hillrom).
Cranial Clamps Market Leaders
IMRIS, Deerfield Imaging, Inc.
Johnson & Johnson (Depuy Synthes)
pro med instruments GmbH
B. Braun SE (Aesculap Inc)
Integra LifeSciences
*Disclaimer: Major Players sorted in no particular order
Cranial Clamps Market News
- April 2022: Medical Bees GmbH added a new navigation adapter (MB1-17-001-10) to its cranial fixation and stabilization System (MF-System).
- March 2022: Acumed stated that the OsteoMed product line would be managed and co-marketed with Acumed's comprehensive portfolio to better serve customers worldwide. OsteoMed product line has various neurosurgical devices, which include OsteoMed OsteoFlap Cranial Clamp System.
Cranial Clamps Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Prevalence of Brain Injuries
4.2.2 Increasing Number of Spine-related Surgeries
4.3 Market Restraints
4.3.1 Complications Associated with Cranial Clamps
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 By Application
5.1.1 Imaging
5.1.2 Surgery
5.2 By End-User
5.2.1 Hospitals
5.2.2 Clinics
5.2.3 Other End-Users
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Changzhou Huida Medical Instrument Co., Ltd
6.1.2 Baxter International Inc (Hillrom)
6.1.3 B. Braun SE (Aesculap, Inc)
6.1.4 Integra LifeSciences
6.1.5 IMRIS, Deerfield Imaging, Inc
6.1.6 Johnson & Johnson (Depuy Synthes)
6.1.7 Micromar
6.1.8 pro med instruments GmbH
6.1.9 Colson Medical, LLC (Acumed LLC)
6.1.10 AGOMED Medizin-Technik GmbH
6.1.11 Schaerer Medical
6.1.12 Barrfab
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Cranial Clamps Industry Segmentation
The cranial clamp is a medical device involved in neurosurgical procedures that helps in balancing the head of the patients.
The cranial clamps market is segmented by application (imaging and surgery), end-user (hospitals, clinics, and other end-users), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 countries across major regions globally.
The report offers the value (in USD million) for the above segments.
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Cranial Clamps Market Research FAQs
What is the current Cranial Clamps Market size?
The Cranial Clamps Market is projected to register a CAGR of 4.70% during the forecast period (2024-2029)
Who are the key players in Cranial Clamps Market?
IMRIS, Deerfield Imaging, Inc., Johnson & Johnson (Depuy Synthes), pro med instruments GmbH, B. Braun SE (Aesculap Inc) and Integra LifeSciences are the major companies operating in the Cranial Clamps Market.
Which is the fastest growing region in Cranial Clamps Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Cranial Clamps Market?
In 2024, the North America accounts for the largest market share in Cranial Clamps Market.
What years does this Cranial Clamps Market cover?
The report covers the Cranial Clamps Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cranial Clamps Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Cranial Clamps Industry Report
Statistics for the 2024 Cranial Clamps market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cranial Clamps analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
