Europe Cranial Implants Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis.

The Europe cranial implants market size is expected to reach US$ 516.62 million by 2031 from US$ 307.23 million in 2023. The market is estimated to record a CAGR of 6.7% from 2023 to 2031.

Executive Summary and Europe Cranial Implants Market Analysis:

Europe cranial implants market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. The market growth is attributed to the increasing prevalence of neurological disorders and traumatic brain injury, which has increased the demand for cranial implants. Additionally, advancements in medical technology enhance the precision and effectiveness of these implants, attracting healthcare providers. Increased healthcare spending by regional governments further supports market growth, alongside a growing emphasis on customized and patient-specific implant solutions to improve surgical outcomes.

Europe Cranial Implants Market Strategic Insights

Get more information on this report Request Free Sample PDF

Europe Cranial Implants Market Segmentation Analysis

Key segments that contributed to the derivation of the Europe cranial implants market analysis are type, material, and application.

• By type, the Europe cranial implants market is segmented into parietal, frontal, occipital, temporal, and sphenoid. The parietal held the largest share of the market in 2023.
• By material, the Europe cranial implants market is segmented into polymethyl methacrylate, polyether ether ketone, titanium, and others. The polyether ether ketone held the largest share of the market in 2023.
• By end user, the Europe cranial implants market is segmented into hospitals, trauma centers, and others. The hospitals held the largest share of the market in 2023.

Europe Cranial Implants Market Outlook

According to a report published by the Population Division of the United Nations, the geriatric population of the world was ~600 million in 2021, and the number is further expected to reach 2 billion by 2050. As per WHO, by 2030, one in six people worldwide will be 60 years or older. At that time, the population in this age group is projected to increase from 1 billion in 2020 to 1.4 billion. By 2050, the number of people aged 60 and older will double, reaching 2.1 billion. Additionally, the number of individuals aged 80 or older is expected to triple between 2020 and 2050, reaching 426 million. The Eurostat statistics indicate that over one-fifth (21.1%) of Europe’s population was aged 65 or more in 2022. According to an UpToDate Inc. article published in August 2021, the incidence rate of epilepsy rises with age and is highest among patients aged 75 and above.

Older adults are more vulnerable to falls and accidents that raise the risk of head trauma. Aging, coupled with a higher prevalence of neurological diseases, is driving demand for cranial implants. Surgical intervention is often necessary to repair fractured skulls after such injuries, and cranial implants are vital for restoring the skull's structural integrity and protecting the brain. Healthcare systems are focusing on improving the quality of life for older adults, resulting in a greater adoption of these implants in trauma and reconstructive surgeries.

Europe Cranial Implants Market Country Insights

Based on country, the Europe cranial implants market comprises Germany, the UK, France, Spain, Italy, and the Rest of Europe. Germany held the largest share in 2023.

According to the Statistisches Bundesamt, ~27% of Germany's population aged 40-60 years in 2022, making it the largest age group in Germany. People aged 65 or above constituted the next largest age group. The Ruhr-University Bochum report revealed that ~270,000 people sustain TBIs in Germany annually, and it is highly prevalent among those aged 65 or more. Cranial implants are essential in the treatment of TBIs, facilitating both physical recovery and long-term neurological health. According to the data published in the Burden of Stroke in Europe report prepared by King's College London for the Stroke Alliance, Germany records ~88,922 stroke cases annually, i.e., 51.7 cases per 100,000 inhabitants. Germany also has a significant mortality rate of stroke, as 75,861 people succumb to death due to stroke yearly. According to the Burden of Stroke in Europe report, the number of stroke cases is expected to increase by 30% by 2035, and the prevalence would further rise to 19% by the end of 2035. Cranial implants are increasingly being utilized in the treatment and rehabilitation of stroke patients. They protect and reconstruct the skull after surgical procedures while also potentially aiding in the recovery of motor functions through innovative applications in neurostimulation. Thus, the significantly growing incidence of neurological conditions and the rising aging population fuel the cranial implants market growth in Germany.

Europe Cranial Implants Market Report Highlights

Europe Cranial Implants Market Company Profiles

Some of the key players operating in the market include Stryker Corp, Zimmer Biomet Holdings Inc, Integra LifeSciences Holdings Corp, OsteoMed SA, Anatomics Pty Ltd, Matrix Surgical Holdings LLC, Calavera Surgical, Medtronic Plc, Xilloc Medical BV, Johnson & Johnson, evonos GmbH & Co. KG, B Braun SE, UAB Ortho Baltic, 3D Systems Corp, GPC Medical Ltd, Bioplate Inc, EUROS SAS, Biocomposites Ltd, Medprin Biotech GmbH, Kelyniam Global Inc, MedCAD, KLS Martin Group, and Longeviti Neuro Solutions LLC, among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.

Europe Cranial Implants Market Research Methodology :

The following methodology has been followed for the collection and analysis of data presented in this report:

• Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

• Company websites, annual reports, financial statements, broker analyses, and investor presentations.
• Industry trade journals and other relevant publications.
• Government documents, statistical databases, and market reports.
• News articles, press releases, and webcasts specific to companies operating in the market.

Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.

• Primary Research

The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:

• Validate and refine findings from secondary research.
• Enhance the expertise and market understanding of the analysis team.
• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects.

Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:

• Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
• External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise