Key Insights of Cranial Fixation & Stabilization Systems Market - Growth Forecast at 8.7% CAGR

Growth in cranial fixation and stabilization systems market is mainly driven by the increasing prevalence of neurological diseases and high incidence of road accidents and fall related injuries. However, the lack of trained professionals and competition from local players are expected to challenge market growth in the coming years.

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Global cranial fixation and stabilization systems market is expected to reach USD 1.74 billion by 2022 from USD 1.14 billion in 2017, at a CAGR of 8.7%. Growth in this market is mainly driven by increasing prevalence of neurological diseases & high incidence of road accidents & fall related injuries. Lack of trained professionals & competition from local players are expected to challenge market growth in coming years.

Cranial fixation and stabilization systems market is highly competitive with presence of several small and big players. Prominent players in the cranial fixation and stabilization systems market include B. Braun (Germany), Changzhou Huida (China), DePuy Synthes (US), Evonos (Germany), Integra (US), Jeil Medical (South Korea), KLS Martin ( (Germany), Medicon (Germany), Medtronic (Ireland), Micromar (Brazil), NEOS Surgery (Spain), OsteoMed (US), Pro Med Instruments (Germany), Stryker (US), and Zimmer Biomet (US).

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Report segments cranial fixation and stabilization systems market into product, material type, end user, and region. Based on product, market is segmented into cranial fixation systems and cranial stabilization systems. In 2017, cranial fixation systems segment accounted for largest share of total market. Growth of segment is attributed to availability of customized product offerings & increasing adoption of cranial fixation systems by neurosurgeons.

Target Audience for this Report:
• Cranial fixators and stabilization systems manufacturers
• Cranial fixators and stabilization systems distributors
• Hospitals
• Research and consulting firms
• Venture capitalists
• Regulatory bodies
• Academic centers
• Teaching hospitals and academic medical centers (AMCs)
• Contract manufacturing organizations (CMOs)
• Contract research organizations (CROs)

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Cranial fixation and stabilization systems market is segmented into hospitals and ambulatory surgical centers. The hospitals segment is expected grow at the highest CAGR during the forecast period. This growth is attributed to the growing volume of surgical procedures performed in hospitals for traumatic brain injury.

The cranial fixation systems market is segmented into meshes, flap tube clamps, plates and screws. The meshes segment accounted for the largest share of the cranial fixation systems market in 2017. The meshes segment is projected to register the highest CAGR, due to its wide applications in cranial surgery.

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