Growing Demand for Bioresorbable Devices Spurring Growth Opportunities in the Global CMF Devices Market: Technavio Report

Renewable energy

 

  • The key vendors in the global CMF devices market 2015-2019 are DePuy, Stryker and Zimmer Biomet.

London, 04 August 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global CMF devices market 2015-2019.   Manufacturers focus on product innovation and implementing new technologies such as 3D tools to create customized titanium plates and meshes. Titanium meshes are developed in the same thickness as the skull, which reduces the implant rejection rate. The global CMF devices market 2015-2019 is estimated to grow at a CAGR of 6% during the forecast period of 2014-2019.

Increased number of road accidents and the high demand for biomaterials propel market growth. The presence of patient-specific cranial implants made of bioresorbable products has increased the demand for CMF devices.

“The use of bioresorbable devices, such as biodegradable plates, screws, and wires, for treating CMF defects can be economical for people with CMF defects as they do not require to undergo another surgery for the removal, as in the case of osteosynthesis materials,” says Faisal Ghaus, Vice President of Technavio Research.

To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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