The report “Cranial Fixation and Stabilization Systems Market by Product (Screw, Mesh, Skullclamp, Horseshoe Headrest, Accessories, Adaptor, Arms, Base units), Material (Nonresorbable, Resorbable), End User (Hospitals, ASC), and Region – Global Forecast to 2022″, The 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%. The increasing prevalence of neurological diseases and high incidence of road accidents and fall related injuries are the key drivers for global cranial fixation and stabilization systems market.
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The cranial fixation systems segment is expected to dominate the market in 2017
The cranial fixation and stabilization systems market, by product, is segmented into cranial fixation systems and cranial stabilization systems. In 2017, cranial fixation systems segment is expected to account for the largest share of the cranial fixation and stabilization systems market due to the availability of customized product offerings and the increasing adoption of cranial fixation systems by neurosurgeons.
North America to dominate the cranial fixation and stabilization systems market
In 2017, North America is expected to dominate the market followed by Europe. The large share of North America is attributed to the increasing incidence of traumatic brain injury, the presence of a large number of cranial fixation and stabilization system manufacturers, and favorable government initiatives.
The cranial fixation and stabilization systems market is highly competitive with the presence of several large as well as emerging 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).