Brain Implants Market

The brain/Cranial Implants Market By Product Type (Customized and Non-Customized), Material (Titanium, Peek, and Others), End-User (Hospitals, Specialty Clinics, and Others), and Geography is expected to grow at a steady CAGR forecast till 2030 owing to rising technological advancements and increasing prevalence of brain cancers

Global Brain/Cranial Implants Market was valued at USD 1.09 billion in 2023, growing at a CAGR of 6.07% during the forecast period from 2024 to 2030 to reach USD 1.55 billion by 2030. The demand for brain/cranial implants is primarily being boosted by the rising number of trauma cases, increasing prevalence of brain cancers, technological advancement in product development, and growing prevalence of brain aneurysms, among other factors. 

Brain/Cranial Implants Market Dynamics:

The brain/Cranial implants market is witnessing growth due to the growing number of trauma cases, brain cancers, and subsequently the increase in the number of craniotomy and cranioplasty procedures. For instance, according to the data published by GLOBOCAN 2020, in 2020, there were about 308,102 new cases of brain and nervous system cancers across the globe. 

As per the latest data published by World Health Organization (WHO) in the year 2023, road traffic collisions claim the lives of around 1.3 million people each year worldwide. Additionally, as per the above-referenced source, worldwide, between 20-30 million people sustain non-fatal injuries while many of them suffer from a disability as a result of their injury such as TBI. Thus, road accidents increase the chances of head injuries which can cause TBI in people.

Cranial implants are used to secure intracranial structures, normalize cerebral hemodynamics, reconstruct the skull contour, and repair cranial defects. 

Also, in several neurosurgical procedures, such as decompressive hemicraniectomy or tumor resection, the skull is opened temporarily to expose the brain. Decompressive hemicraniectomy is performed on patients suffering from conditions associated with raised intracranial pressure,  resulting from  e.g.traumatic brain injury or stroke. In decompressive hemicraniectomy, part of the skull is removed to decrease intracranial pressure. These surgical procedures are often followed by a cranioplasty, in which the bone defect is reconstructed by autologous bone or a cranial implant

Moreover, with technological advancements such as computer-aided design and 3-dimensional (3-D) printing, it is now possible to 3-D-print patient-specific implants using a variety of polymer, ceramic, or metal components. These implants can be as per the anatomy of the patient and offer advantages such as contours that can be perfectly restored, resulting in superior cosmetic results. This is especially important for large defects.

Therefore, the rising prevalence of brain trauma injuries and brain tumors which necessitate the need for cranioplasty and craniotomies, coupled with technological advancements such as additive manufacturing are expected to contribute to the brain/cranial implants market growth. 

However, the non-availability of the required healthcare infrastructure as well as skilled professionals in developing economies, the high cost of implants and procedures, and the risk associated with surgical procedures may prove to be certain restraints to the brain/cranial implants market growth. 

Brain/Cranial Implants Market Segment Analysis:

Brain/Cranial Implants Market by Product Type (Customized and Non-Customized), Material (Titanium, Peek, and Others), End-User (Hospitals, Specialty Clinics, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World)

In the product segment of the brain/cranial implants market, customized cranial implants are expected to account for the larger market share.

Customized cranial implants, also known as patient-specific implants are designed specifically for patients wherein the patient’s cranial anatomical model which is from CT scan images is used as the template.

These implants, therefore, help in ensuring stable fixation and restoring aesthetic cranial symmetry as they are specifically designed to fit the patient’s anatomy thereby covering the whole surface area of the cranial defect.

Furthermore, these implants offer better functionality, help in the reduction of operating room time as less time is required for the insertion of the implant, and facilitate shorter healing time compared to non-customized cranial implants.   

Hence, the above-mentioned factors will contribute to the segmental growth of the brain/cranial implant market. 

North America is expected to dominate the Overall Brain/Cranial Implants Market:

Among all the regions, North America is expected to account for the largest share of the brain/cranial implants market. The growing cases of brain injuries, access to better healthcare infrastructure coupled with the presence of major market players in the region are predicted to be the major influencing factors in driving the overall growth of the market over the forecast period.

As per the latest statistics published by the American Society for Biochemistry and Molecular Biology in the year 2021, in the United States, a brain injury occurs every nine seconds, resulting in more than 3.5 million incidents each year. As per the same source, about 2.8 million people suffer from Traumatic Brain Injury (TBI) each year in the United States from which 2,80,000 people result in hospitalizations. 

Additionally, according to the data provided by the Brain Aneurysm Foundation (2023), approximately 30,000 people in the country suffer from a brain aneurysm rupture each year.

 All these above-mentioned statistics about specific indications point towards the increasing need for cranioplasty and craniotomy procedures, which are employed in opening up the brain by removing the part of the skull for easy access to the target site. 

Moreover, the well-established healthcare infrastructure in the country which can be supported by the high per capita healthcare expenditure in the country with extensive reimbursement programs covering the costs for cranial implants further encourages people to opt for such procedures and devices. 

In August 2021, OssDsign, a global manufacturer of reconstructive implant solutions entered into an agreement with Red One Medical which is a private sector entity of medical innovation for the Department of Defense and Department of Veteran Affairs to provide reconstructive cranial solutions to US veterans and military members. The Veterans Health Administration is the largest integrated healthcare system in the country encompassing about 1,300 healthcare facilities that are involved in serving 9 million veterans in the US. 

Therefore, considering the parameters mentioned above coupled with factors such as collaborations and agreements between device manufacturers and insurance groups in the country, the market for brain/cranial implants looks promising in the United States and North America. 

Brain/Cranial Implants Market Key Players:

Some of the key market players operating in the brain/cranial implants market include Stryker, Zimmer Biomet, DePuy Synthes (Medical Devices Business Services, Inc.), Medtronic, KELYNIAM GLOBAL INC, B. Braun Melsungen AG, Jeil Medical Corporation, Longeviti Neuro Solutions LLC, MedCAD, Xilloc Medical Int B.V., Ortho Baltic, Medartis AG, KLS Martin Group, 3di GmbH, Synimed Synergie Ingénierie Médicale S.A.R.L., OssDsign AB, and others.

Recent Developments Activities in the Brain/Cranial Implants Market:

• In January 2021, Longevity Neuro Solutions received 510k clearance from the US Food and Drug Administration for their ClearFit cranial implant for postoperative ultrasound imaging. The Longevity ClearFit implant is a neuro-reconstructive implant that surgeons use to reconstruct a patient’s cranium.
• In September 2020, OssDsign AB received patent coverage from the United States Patent and Trademarks Office (USPTO) for the implant design for OssDsign Cranial PSI. The company had previously received the patent in Europe, Japan, and Australia. 
• In May 2019, Kelyniam Global Inc. received 510k for their product Customized Craniofacial Implant (CCI), Customized Skull Implant (CS) which is intended to fill a bony defect or void in a patient’s specific craniofacial and cranial skeleton.  

Key Takeaways from the Brain/Cranial Implants Market Report Study:

• Market size analysis for current brain/cranial implants market size (2023), and market forecast for 5 years (2024-2030)
• Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
• Key companies dominating the Global brain/cranial implants market.
• Various opportunities are available for the other competitor in the brain/cranial implants market space.
• What are the top-performing segments in 2023? How these segments will perform in 2030?
• Which are the top-performing regions and countries in the current brain/cranial implants market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for brain/cranial implants market growth in the coming future?

Target Audience who can be benefited from this Brain/Cranial Implants Market Report Study:

• Brain/Cranial Implants products providers
• Research organizations and consulting companies 
• Brain/Cranial Implants-related organization, association, forum, and other alliances
• Government and corporate offices
• Start-up companies, venture capitalists, and private equity firms
• Distributors and Traders dealing in brain/cranial implants 
• Various End-users want to know more about the brain/cranial implants market and the latest technological developments in the brain/cranial implants market.

Frequently Asked Questions for Brain/Cranial Implants Market:

What are Brain/Cranial Implants?

Brain/Cranial implants are medical devices that are used to secure intracranial structures, normalize cerebral hemodynamics, reconstruct the skull contour, and repair cranial defects. 

What is the market for Global Brain/Cranial Implants?

Global Brain/Cranial Implants Market was valued at USD 1.09 billion in 2023, growing at a CAGR of 6.07% during the forecast period from 2024 to 2030 to reach USD 1.55 billion by 2030.

What are the drivers for the Global Brain/Cranial Implants Market?

The major factors driving the demand for Brain/Cranial Implants in the market are the increase in the number of trauma cases, the rising prevalence of brain cancers as well as brain aneurysms, and the development of safer and more effective implants.  

What are the key players operating in Global Brain/Cranial Implants?

Some of the key market players operating in the brain/cranial implants market include Stryker, Zimmer Biomet, DePuy Synthes, Medtronic, KELYNIAM GLOBAL INC, B. Braun Melsungen AG, Jeil Medical Corporation, Longeviti Neuro Solutions LLC, MedCAD, Xilloc Medical Int B.V., Ortho Baltic, Medartis AG, KLS Martin Group, 3di GmbH, Synimed Synergie Ingénierie Médicale S.A.R.L., OssDsign AB, and others.

What region has the highest share in the Brain/Cranial Implants market?

North America is expected to hold the highest share of the revenue in the Brain/Cranial Implants market during the forecast period.  This can be attributed to the high number of cases of traumatic brain injuries, the presence of major market players in the region coupled with the better healthcare system in the region, primarily in the US.