Global Cranial Fixation and Stabilization Systems Market
Cranial Fixation & Stabilization Systems Market
According to Verified Market Research, Global Cranial Fixation & Stabilization Systems Market was valued at USD 1.17 Billion in 2018 and is projected to reach USD 2.24 Billion by 2026, growing at a CAGR of 8.35% from 2019 to 2026.
Global Cranial Fixation & Stabilization Systems Market Outlook
An increase in the prevalence of neurological diseases such as stroke, epilepsy, Parkinsons disease, neuro infections, and traumatic injuries is expected to fuel market growth. An escalating number of skilled healthcare professionals, the surge in cases of road accidents and fall injuries, and favorable reimbursement policies are some factors that are propelling the market growth. Moreover, the rising incident rates of spine and brain surgeries lead to various technological advancements. For instance, in 2016, Amendia launched the SYZYGY spine stabilization system. The factors such as lack of healthcare facilities in developing countries such as shortage of healthcare professionals or ill-equipped hospitals, lack of awareness that causes late diagnosis of diseases, and the high cost of surgeries are anticipated to as major limiting factors for the cranial fixation and stabilization systems market.
Global Cranial Fixation & Stabilization Systems Market Competitive Landscape
The Global Cranial Fixation & Stabilization Systems Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as B. Braun, Changzhou Huida, Depuy Synthes, Integra Lifesciences, Zimmer Biomet, Stryker, Osteomed, Micromar, Medtronic, and KLS Martin.
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