PUBLISHER: The Business Research Company | PRODUCT CODE: 1648664
PUBLISHER: The Business Research Company | PRODUCT CODE: 1648664
Cranial implants serve various purposes, such as protecting intracranial structures, reconstructing skull shapes, normalizing cerebral hemodynamics, and assisting in cranial reconstruction procedures following defects.
The main types of cranial implants are categorized as customized and non-customized. Customized implants are designed to adapt to tissue defects by transforming their shape in response to changes in temperature, pressure, or magnetic fields after transplantation. Materials commonly used in the manufacturing of cranial implants include polymers, metals, and ceramics. These implants find applications in hospitals, trauma centers, ambulatory surgical centers, specialty clinics, and other medical facilities.
The cranial implants market research report is one of a series of new reports from The Business Research Company that provides cranial implants market statistics, including cranial implants industry global market size, regional shares, competitors with a cranial implants market share, detailed cranial implants market segments, market trends and opportunities, and any further data you may need to thrive in the cranial implants industry. This cranial implants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.'
The cranial implants market size has grown rapidly in recent years. It will grow from $1.2 billion in 2024 to $1.33 billion in 2025 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increased prevalence of trauma and injury cases, neurological surgeries, patient-specific implants, aging population, regulatory compliance, increased medical tourism.
The cranial implants market size is expected to see rapid growth in the next few years. It will grow to $1.99 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to growing emerging technologies, increasing minimally invasive procedures, increasing neurological disorders, growing telemedicine and remote surgery, growing need for biocompatible materials. Major trends in the forecast period include iot integration, customized cranial reconstruction, technological innovations, innovative solutions, strategic partnerships.
The increasing prevalence of neurological diseases and road accidents is anticipated to drive the growth of the cranial implants market during the forecast period. Parkinson's disease statistics indicate that it is the second most common age-related neurological disorder following Alzheimer's disease. Cranial implants allow doctors to examine the brain without the need to drill a new hole in the skull each time, simplifying the treatment of neurological disorders. For instance, according to Neuroscience News, a science website, commission documents identify traumatic brain injury (TBI) as a global public health issue, affecting 55 million people worldwide and costing over US$400 billion annually, while also being a leading cause of injury-related death and disability. The long-term effects of TBI can greatly affect individuals' quality of life, resulting in chronic health problems and increased healthcare expenses.
The rising demand for healthcare expenditure is expected to drive the growth of the cranial implants market in the future. Healthcare expenditure refers to the total amount of money spent on healthcare goods and services within a specific region or country over a defined period. This includes expenses for medical consultations, hospital visits, surgeries, diagnostic tests, and treatments. Healthcare expenditure also encompasses the manufacturing and costs related to the surgical procedures for implanting cranial devices in patients. For example, in July 2024, according to the American Medical Association, a U.S.-based organization, health spending in the U.S. grew by 4.1% in 2022, reaching $4.5 trillion, or $13,493 per person. Therefore, the increasing demand for healthcare expenditure is driving the growth of the cranial implants market.
Innovative technologies, such as 3D printing, are becoming pivotal in the cranial implants market, with major companies adopting these advancements for increased profitability. 3D Systems, a US-based 3D printer manufacturing company, introduced 3D printing technology for cranial implants in October 2023. The technology utilizes PEEK (polyetheretherketone) to create patient-specific implants tailored to individual anatomies. This approach ensures a precise fit, adhering to legal requirements for custom implants. The incorporation of 3D printing technology represents a significant leap in the cranial implants market, enhancing patient outcomes through personalized solutions.
Key companies in the cranial implants market are concentrating on product innovation, such as the polyether ether ketone (PEEK) cranial implant, to gain a competitive advantage. A PEEK cranial implant is designed for the restoration of cranial defects in a single surgery. For instance, in October 2023, 3D Systems, a company specializing in 3D printing technologies, produced cranial implants using VESTAKEEP i4 3DF PEEK. These implants are utilized to replace or repair sections of the skull that have been damaged due to traumatic brain injury, congenital deformities, or surgical procedures. They are tailored to be patient-specific, ensuring a better fit and enhancing outcomes in cranioplasty procedures.
In a strategic move to enhance its market position and broaden its product offerings, Incite Innovations, a US-based medical device company, made a significant acquisition in January 2022. The company acquired NeuroStructures Inc., a US-based manufacturer specializing in spinal implants. This strategic acquisition is expected to contribute to Incite Innovations' expansion in the spinal implant market and surgical instruments sector, reinforcing its commitment to delivering advanced medical solutions.
Major companies operating in the cranial implants market include B. Braun Melsungen AG, DePuy Synthes Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., Kelyniam Global Inc., Medartis Holding AG, Osteomed LLC, KLS Martin Group, Renishaw plc, Xilloc Medical B.V., Medtronic plc, Evonos GmbH, Synimed GmbH, Johnson & Johnson Services Ltd., Integra LifeSciences Corporation, OssDsign AB, Medicon eG, BIOARCHITECTS, Matrix Meditec Pvt. Ltd., Matrix Surgical USA, Anatomics Pty Ltd., Biomet Microfixation Inc., Cranios USA
North America was the largest region in the cranial implants market in 2024. Asia-Pacific is predicted to record the fastest growth over the forecast period. The regions covered in the cranial implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the cranial implants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The cranial implants market consists of sales of titanium implants, synthetic bone implants, and solid biomaterials. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cranial Implants Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cranial implants market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cranial implants ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cranial implants market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.