The global sternal closure systems market size is expected to exhibit a growth rate (CAGR) of 4.58% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate 2024-2032 | 4.58% |
Sternal closure systems are used for closing the breastbone after surgical procedures of the heart and the thoracic cavity. These procedures fix and stabilize the anterior chest wall and promote fusion with the help of different techniques. Sternal closure systems aid in improving bone stability, promoting healing, and reducing pain. Presently, sternal cables made using braided metallic material are gaining widespread adoption in cardiac surgery. As a result, manufacturers are offering steel wires to prevent bone rupture during the closure of median sternotomies among patients undergoing elective cardiac surgery.
The growing incidences of CVDs due to sedentary lifestyles, the increasing number of smokers, and the rising percentage of individuals who have alcohol use disorder represent one of the key factors impelling the growth of the sternal closure systems market worldwide. The market growth can also be attributed to the rising number of patients undergoing open-heart surgery. Apart from this, several manufacturers are introducing self-locking techniques to reduce reoperation risk and facilitate implant application. They are also offering sternal closure systems with titanium and stainless-steel implants, which are widely being used as an alternative for conventional wire closures. Other factors, such as increasing investments in public healthcare infrastructure and the growing access to medical services, are further contributing to the market growth. Moreover, researchers are focusing on developing techniques that can reduce the risk of deep sternal wound infection. This is anticipated to propel the demand for sternal closure systems worldwide.
IMARC Group provides an analysis of the key trends in each sub-segment of the global sternal closure systems market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on procedure, product, material and end user.
Breakup by Procedure:
Breakup by Product:
Breakup by Material:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Abyrx Inc., Acute Innovations (Acumed LLC), B. Braun Melsungen AG (B. Braun Holding GmbH & Co.KG), IDEAR S.R.L., Jace Medical LLC, Jeil Medical Corporation, Johnson & Johnson, Kinamed Incorporated, KLS Martin Group, Orthofix Holdings Inc. and Zimmer Biomet.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Procedure, Product, Material, End User, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Abyrx Inc., Acute Innovations (Acumed LLC), B. Braun Melsungen AG (B. Braun Holding GmbH & Co.KG), IDEAR S.R.L., Jace Medical LLC, Jeil Medical Corporation, Johnson & Johnson, Kinamed Incorporated, KLS Martin Group, Orthofix Holdings Inc. and Zimmer Biomet |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |