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

The North America cranial implants market size is expected to reach US$ 1,166.77 million by 2031 from US$ 674.28 million in 2023. The market is estimated to record a CAGR of 7.1% from 2023 to 2031.

Executive Summary and North America Cranial Implants Market Analysis:

The cranial implants market in North America is segmented into the US, Canada, and Mexico. This region is driven by several key factors, including the high prevalence of traumatic brain injuries (TBI), an aging population, and advanced medical technologies. Rising incidents of accidents, sports injuries, and neurological conditions contribute to increased demand for cranial implants. Innovations in biocompatible materials, such as PEEK and titanium, along with 3D printing for customized solutions, improve surgical outcomes. Companies are also driving innovations in cranial implants, making procedures more accessible and effective.

North America Cranial Implants Market Strategic Insights

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North America Cranial Implants Market Segmentation Analysis

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

• By type, the North America 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 North America 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 North America cranial implants market is segmented into hospitals, trauma centers, and others. The hospitals held the largest share of the market in 2023.

North America Cranial Implants Market Outlook

Traumatic brain injuries (TBIs) constitute one of the significant public health concerns as they interrupt the normal functioning of the brain due to external mechanical force. The common causes of TBIs include falls, motor vehicle accidents, and sports injuries, mainly affecting younger adults and older adults. TBIs vary from mild concussions to severe injuries that result in lifelong cognitive, physical, and emotional disabilities. According to a report published in The Lancet Neurology Commissions in 2022, TBI is one of the leading causes of injury-related death and disability, affecting 55 million people worldwide and costing over US$ 400 billion every year. Similarly, as per the Brain Injury Association of Waterloo-Wellington, TBIs occur in 500 out of 100,000 people yearly in Canada; over 6,000 patients become permanently disabled each year due to a TBI. The demand for effective treatment options, particularly cranial implants, is on the rise due to the increasing number of TBI cases. These implants play a crucial role in treating patients with severe head injuries by safeguarding the brain from further trauma and assisting in the restoration of the skull's protective function. As the prevalence of TBI continues to rise, the demand for cranial implants is expected to surge in the coming years as well.

North America Cranial Implants Market Country Insights

Based on country, the North America cranial implants market comprises the US, Canada, and Mexico. The US held the largest share in 2023.

The North America cranial implants market is segmented into the US, Canada, and Mexico. This region is driven by several key factors, including the high prevalence of traumatic brain injuries (TBI), an aging population, and advanced medical technologies. Rising incidents of accidents, sports injuries, and neurological conditions contribute to increased demand for cranial implants. Innovations in biocompatible materials, such as PEEK and titanium, along with 3D printing for customized solutions, improve surgical outcomes. Companies are also driving innovations in cranial implants, making procedures more accessible and effective.

North America Cranial Implants Market Report Highlights

North America 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.

North America 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

North America Cranial Implants Market Country and Regional Insights