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Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016

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Cranio Maxillofacial Fixation (CMF) Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016

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Cranio MaxilloFacial Devices Market is Forecast to Exceed $1 billion in 2016

The global market for Cranio Maxillofacial Fixation (CMF) devices was valued at $600m in 2009, and is forecast to grow at a Compound Annual Growth Rate (CAGR) of 8% to reach $1 billion in 2016. The market is expected to be driven by increasing patient population, increased adoption of minimal invasive procedures and product innovation.

Sport related injuries are the leading cause of increasing facial fracture incidence. Sports related injuries account for 10-42% of all facial fractures. Road accidents are another major cause of rising incidence of facial fractures. It is estimated that 24% of the non-fatal fractures due to road accidents lead to intracranial injuries, while 11% lead to facial fractures and injuries. Annually more than 4 million people are injured in motor vehicle accidents in the US alone.

For further details, please click or add the below link to your browser:

http://www.globaldata.com/reportstore/Report.aspx?ID=Cranio-Maxillofacial-Fixation-CMF-Devices-Global-Pipeline-Analysis-Opportunity-Assessment-and-Market-Forecasts-to-2016&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Medical_Devices

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The US Remains the Largest CMF Devices Market, Driven by Increasing Elderly Population and Brand Consiousness Among the Patients

The US remains the largest market for CMF devices and accounts for nearly 49% of the total CMF market, globally. The US CMF devices market is expected to reach $480m in 2016, growing at a CAGR of 7% from 2009 to 2016. The internal cranio maxillofacial fixators market was valued at $277m in 2009 and the external cranio maxillofacial fixators were valued at $21m in 2009. The CMF devices market in the US is expected to be driven by increasing elderly population, which comprised 18% of the total US population in 2009, and increased adoption of premium priced bioresorbable devices, and product innovation.

Internal Cranio Maxillofacial Fixators Set to Remain the Largest Segment in the Cranio MaxilloFacial Devices Market

The global market for internal cranio maxillofacial devices was valued at $305m in 2009, and is forecast to grow at a CAGR of 9% to reach $554m in 2016. Internal cranio maxillofacial fixator devices are forecast to be the fastest growing category in the CMF devices market.

The internal cranio maxillo facial fixators market is boosted by the innovation in product design and increased adoption of biosorbable implants. Market growth of the internal cranio maxillofacial fixators is spurred by product innovation, in which

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the anatomic specific plate and screw market acts as a key driving factor. Anatomic specific custom implants are increasingly being adopted by surgeons. The locking plate system is another technology which has propelled the market of internal cranio maxillofacial fixators. It provides compression at the fracture site for reduction without applying excessive pressure to the bones. This proves beneficial for elderly people suffering from osteoporosis and diabetes.

Top Five Players Account for 83% of the Share in the Global Cranio MaxilloFacial Devices Market

Synthes is the global leader in the CMF devices market, with revenues of $208.3m, constituting 34% of the market share in 2009. Stryker Corporation (28%), Biomet (8%), KLS Martin (8%) and Osteomed (5%) also have significant share in the global cranio maxillofacial fixation devices market. The CMF devices market is dominated by established market players.

Market leaders in the global CMF devices market are characterized by a wide product range with customized solutions for various anatomical needs.

GlobalData’s new report, “Cranio Maxillofacial Fixation (CMF) Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016” provides key data, information and analysis on the global Cranio Maxillofacial Fixation (CMF) devices market. The report provides market landscape,

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competitive landscape and market trends information on the Cranio Maxillofacial Fixation (CMF) devices market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market dynamics. The report also reviews the competitive landscape and technology offerings.

For further details, please click or add the below link to your browser:

http://www.globaldata.com/reportstore/Report.aspx?ID=Cranio-Maxillofacial-Fixation-CMF-Devices-Global-Pipeline-Analysis-Opportunity-Assessment-and-Market-Forecasts-to-2016&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Medical_Devices

Visit our report store: http://www.globaldata.com

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