The global Cranio Maxillofacial Implants Market is expected to be on a splendid growth spree In Upcoming Years. Every vertical is onto the creation of a talent pool to cater to the demands from the public as well as the private sector. Moreover, the emphasis lays on a digital pool of ready-to-hire, experienced, and highly skilled professionals. With close to 10K investment opportunities over the next 10 years, the future is there to witness an escalation herein.
According to a new market report published by Persistence Market Research “Global Market Study on Cranio Maxillofacial Implants: Asia to Witness Highest Growth by 2020” the global cranio maxillofacial implants market was valued at USD 1,044.7 million in 2014 and is expected to grow at a CAGR of 6.2% from 2014 to 2020, to reach an estimated value of USD 1,498.6 million in 2020.
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Cranio maxillofacial surgery refers to a procedure for treatment of a severe injury to the cranial and facial bones. Treatment of injured cranial and facial bones usually requires internal fixators such as plate and screw fixation systems, flap fixation devices, bone graft substitutes or others to fix the facial fracture. Globally, the cranio maxillofacial implants market is witnessing significant growth due to increasing incidence of facial fractures and emergence of new procedural techniques and positive clinical outcome.
North America, including the U.S. has the largest cranio maxillofacial implants market. Asia is the fastest growing cranio maxillofacial implants market. Some of the fastest growing markets for cranio maxillofacial implants devices are China, Japan and other countries in South East Asia and the Eastern Mediterranean.
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DePuy Synthes, a Johnson & Johnson company, is a leading player in the global market for cranio maxillofacial implants, with a share of about 47.5% in 2013. Other major players of cranio maxillofacial implants market include Stryker Corporation, Zimmer Holdings, Inc. and others.
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