The temporomandibular joint (TMJ) is the jaw point, which allows human body to open and close its mouth. Thus, patients suffering from disorders in the temporomandibular joint (TMJ) requires treatment, therefore, TMJ implants are designed to replace the temporomandibular joint. Moreover, the market for TMJ implants is expected to reach a considerable value by the end of 2025. The market is projected to thrive at a notable CAGR over the forecast period i.e. 2020-2025. Also, the market has grown at a remarkable rate and is anticipated to showcase a lucrative growth in the upcoming years.
Market Insights
With the increase in geriatric population, the issues of degenerated or resorbed mandibular joints are also rising. Thus, rising number of patients, with the issues of TMJ joints are expected to bolster the demand for the growth of the global market in the coming years. Also, growing cases of accidents causing fractures in TMJ joints and facial skeleton discrepancies among individuals is one of the major factors which is expected to impetus the market growth. Apart from this, many people are becoming beauty conscious and are focusing on anatomical deformities such as malocclusion. Further, factor such as increasing inclination of population towards the anatomical deformities and innovation of advanced surgeries for TMJ implantation are projected to drive the growth of the global TMJ implants market in the near future.
Segmentation Analysis
TMJ implants market is segmented by type and application. Based on type, the market is segmented into cobalt-chromium-molybdenum, ultra-high molecular weight polyethylene, aluminum, silicone, titanium alloy and others, out of which, ultra-high molecular weight polyethylene segment is anticipated to grow at a significant CAGR over the forecast period, i.e., 2020-2025. Further, it was followed by cobalt-chromium-molybdenum segment in terms of market share in 2019.
By application, the market is divided into dental clinics, research & academic institutes, hospitals and others, out of which, dental clinics segment is expected to register a higher revenue share in the global TMJ implants market over the forecast period. Apart from this, the research & academic institutes segment is projected to attain a noteworthy CAGR over the forecast period.
Geographical Analysis
In terms of geography, the report offers an analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In the TMJ implants market, North America is projected to capture a significant market share over the forecast period. Further, factor such as accessibility to advanced surgeries and availability of good healthcare infrastructure in the region are anticipated to drive the growth of North America TMJ implants market. Moreover, the Asia Pacific market for TMJ implants is driven on the back of growing awareness initiatives taken by the government & organizations and is expected to grow at a significant compound annual growth rate (CAGR) from 2020 to 2025.
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Competitive Analysis
The report also covers detailed competitive analysis of major market players of global TMJ implants market, such as Pfizer Inc., Cadista Pharmaceuticals Inc., Bristol-Myers Squibb Company, Bayer AG, AbbVie Inc., Ortho Baltic, Xilloc Medical, Zimmer Biomet, TMJ Medical, Sun Pharmaceutical Industries Ltd. and other major & niche players. The global TMJ implants market is witnessing a wide range of industry activities such as product launch, acquisition, partnership, and expansion across the globe.
Segmentation
By Type:
- Cobalt-Chromium-Molybdenum
- Ultra-High Molecular Weight Polyethylene
- Aluminum
- Silicone
- Titanium Alloy
- Others
By Application:
- Dental Clinics
- Research & Academic Institutes
- Hospitals
- Others
By Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
- Pfizer Inc.
- Cadista Pharmaceuticals Inc.
- Bristol-Myers Squibb Company
- Bayer AG
- AbbVie Inc.
- Ortho Baltic
- Xilloc Medical
- Zimmer Biomet
- TMJ Medical
- Sun Pharmaceutical Industries Ltd.
- Other Major & Niche Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development and other market activities).
The study also provides company’s positioning and market share in TMJ implants market.
Timeline Considered for Analysis:
- 2019: Base Year
- 2020: Estimated Year
- 2020 to 2025: Forecast Period
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global TMJ implants market by the following segments:
- Type
- Application
Customization: We also offers customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global TMJ Implants Industry Report
- What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?
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