#Sternal Closure Systems Market

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Sternal Closure Systems Market In-Depth Research On Basis By Product, Procedure, Material, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 4 May 2023: The Report Sternal Closure Systems Market Size, Share & Trends Analysis Report By Product (Closure Devices, Bone Cement), By Procedure, By Material, And Segment Forecasts, 2022 – 2030 The global sternal closure systems market size is expected to reach USD 3.85 billion by 2030, expanding at a CAGR of 5.4% from 2022 to 2030, according to a new report by Grand View…

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Asia-Pacific region is set to grow at the highest CAGR for sternal closure systems by 2028. High-tech developments in sternotomy procedures and increased...

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The europe sternal closure systems market size was valued at 7.6 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2032.

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Surgical procedures are being performed worldwide at an increasing rate. This trend highlights both the advancements in medical science and the rising elderly population globally.

This article focuses on the sternal closure system, a crucial tool in cardiothoracic surgeries. To understand its significance, it is essential to know what a sternal closure system is. It is a medical device that ensures firm internal fixation of the sternum following a sternotomy, using various plates designed to suit anatomical structures and specific clinical needs.

Advancements in Technology and Sternal Closure Systems

Technological advancements have significantly improved sternal closure systems, which are now in higher demand. Median sternotomy incisions, widely used in cardiothoracic and cardiopulmonary surgeries, have been further enhanced by breakthroughs in surgical techniques over the past decade. Traditional methods for closing the sternum, which often involved thick sutures, posed a higher risk of infection. However, modern tools and techniques have drastically reduced this risk.

Medical devices made from stainless steel and titanium offer several benefits, including reduced discomfort and a lower risk of complications like sternal wound infections, mediastinitis, and sternal dehiscence.

Most Common Surgery Using Sternal Closure Systems

The most common procedure that uses sternal closure systems is median sternotomy. This procedure provides easy access to the lungs, heart, and surrounding structures during coronary artery bypass and heart valve replacement surgeries. It is one of the most frequently performed osteotomies worldwide.

Using a sternal closure system in these surgeries minimizes risks such as hardware complications, osseous issues like migration or wire rotation, and postoperative infections. The incision also allows access to both pleural spaces, making it useful for other thoracic surgeries, including esophagectomies and retrosternal goiter treatments.

The demand for median sternotomy procedures is expected to grow due to the rising elderly population, which is more prone to heart conditions. Additionally, with increasing financial support for life-saving cardiac surgeries, the demand for sternal closure systems is projected to rise.

Conclusion

With the global increase in the elderly population and the rising need for stent placements, the demand for sternal closure systems is set to grow significantly. The market value of these systems is expected to reach USD 3,323.4 million by the end of this decade.

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Sternal Closure Systems Market Size, Share, Industry, Forecast and Outlook (2024-2031)

The Global Sternal Closure Systems Market size was valued at USD 2,295.25 Million in 2022 and is estimated to reach USD 3,446.26 Million by 2031, growing at a CAGR of 5.3% during the forecast period (2024-2031).   

Read more:https://shorturl.at/5Wjck

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Sternal Closure Systems Market To Reach $3.85Bn By 2030

The global sternal closure systems market size is expected to reach USD 3.85 billion by 2030, expanding at a CAGR of 5.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the growing number of surgeries undertaken to treat complex cardiovascular problems. For instance, according to the data published by the Centers for Disease Control and…

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Sternal Closure Implant, Global Market Size Forecast, Top 13 Players Market Share

Sternal Closure Implant Market Summary

Sternal closure implants are medical devices used in surgical procedures to close and stabilize the sternum, which is the long flat bone in the center of the chest. After certain types of surgeries, such as open-heart surgery or sternotomy (where the sternum is cut open for access), the sternum needs to be closed securely to promote healing and protect underlying organs.

Sternal closure implants typically consist of plates and screws made of biocompatible materials, such as titanium or stainless steel. These implants are carefully positioned on the sternum and used to bring the two halves of the sternum back together, ensuring proper alignment and stability. The screws are inserted into the bone to hold it securely in place.

The primary goals of using sternal closure implants are to provide support to the sternum during the healing process, reduce postoperative complications, and facilitate proper fusion of the bone. These implants are designed to withstand the demands of everyday movements and protect the sternum from excessive stress or displacement.

According to the new market research report "Global Sternal Closure Implant Market Report 2024-2030", published by QYResearch, the global Sternal Closure Implant market size is expected to reach USD 3467 million by 2030, at a CAGR of 4.6% during the forecast period.

Figure.   Global Sternal Closure Implant Market Size (US$ Million), 2023-2030

Above data is based on report from QYResearch: Global Sternal Closure Implant Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

Market Drivers:

With the increasing lifespan of people and the rise in heart diseases, there is a growing demand for cardiac surgeries. The use of sternal closure implants can reduce the surgery time and recovery period, thereby enhancing surgical efficiency and patient rehabilitation speed. This, in turn, is driving the growth of the sternal closure implant market.

Restraint:

Changing healthcare regulations and policies may impact the market development of sternal closure implants, such as restrictions on medical insurance coverage. Additionally, sternal closure implants may not be suitable for certain high-risk patients, such as the elderly or those with other severe health issues.

Opportunity:

The sternal closure implant market still has room for growth, particularly in developing countries and emerging markets where there is an increasing medical demand. Moreover, ongoing technological innovation and research and development efforts will bring new opportunities to the sternal closure implant market, such as the development of lighter, more durable, and easier to implant materials.

Figure.   Global Sternal Closure Implant Top 13 Players

Above data is based on report from QYResearch: Global Sternal Closure Implant Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

This report profiles key players of Sternal Closure Implant such as Johnson & Johnson, Zimmer Biomet, KLS Martin, Acumed, Stryker, B. Braun, Idear SRL, Able Medical Devices, Kinamed, Jeil Medical, Arthrex, Waston Medical, CircumFix Solutions Inc.

About The Authors

Tingyue Chen

Email: chentingyue@qyresearch.com

QYResearch Guangzhou Branch Analyst, as a member of the QYResearch Machinery Manufacturing Department, her main research directions are engineering machinery, electrical machinery, industrial robots and other fields. Some subdivided research topics include industrial heat treatment equipment, farm robots, X-ray fluoroscopy systems, etc. She is also engaged in the development of market segment reports and participates in the writing of customized projects.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.