The rising rate of incidences of facial fractures followed by the increasing number of surgeries undertaken is anticipated to grow the global craniomaxillofacial market.
The global Craniomaxillofacial Devices Market is predicted to grow at a CAGR of 9% during the forecast period, with a revenue of US$ 1.78 billion in 2023 and a revenue of US$ 4.22 billion by 2033.
Where applicable, key providers of Craniomaxillofacial Devices offer a variety of features and benefits, such as rounded edges on plates for less discomfort to soft tissue. Furthermore, a diverse range of items are available in a variety of geometries, sizes, and strengths. There are seven screw diameters available for these devices: 1.5 mm, 2 mm, 2.5 mm, 2.8 mm, 2 mm Locking, 2.5 mm Locking, and 2.8 mm Locking.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Craniomaxillofacial Devices Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Craniomaxillofacial Devices market.
Key Craniomaxillofacial Devices Market Takeaways and Projections
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Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Craniomaxillofacial Devices market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Craniomaxillofacial Devices market.
Some of the prominent market players are profiled by FMI are:
Johnson & Johnson Services, Inc., Stryker Corporation, Zimmer Holdings, Inc., B. Braun Melsungen AG, CONMED, KLS Martin LP, Medtronic, Inc., Medartis AG, Integra LifeSciences Holdings Corporation, Boston Medical Products, Inc. etc
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Global Craniomaxillofacial Devices Market: Segmentation
By product type, the global Craniomaxillofacial Devices market is segmented as follows:
By location type, the global Craniomaxillofacial Devices market is segmented as follows:
By material type, the global Craniomaxillofacial Devices market is segmented as follows
Region
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May 30, 2023