#Sternal Closure Systems Market Trends

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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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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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Sternal Closure Systems Market projected to reach USD 3.17 billion by 2030

Sternal Closure Systems Market, By Product (Wires, Plates and Screws, Bone Cement, Cable, Clips, Others), Procedure (Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy), Material (Stainless Steel, Polyether Ether Ketone, Titanium), Fixation Techniques (Wiring Fixation Techniques, Plate-Screw Systems, Interlocking Systems, Cementing, Vacuum Assisted Closure), End Users (Hospitals, Specialized Surgical Centres) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Market Overview

The global Sternal Closure Systems market size was estimated at USD 2.1 billion in 2023 and is projected to reach USD 3.17 billion in 2030 at a CAGR of 5.3% during the forecast period 2023-2030.

Sternal closure systems refer to the systems that are used in the fixation and stabilization of fractures of the anterior chest wall. The systems widely utilized in sternal fixation following sternal reconstructive surgical procedures for the purpose of promoting fusion.

The growth of the industry is driven by the increase in cardiac and thoracic surgeries, the introduction of innovative sternal closure systems and the increase in the number of elderly people worldwide. In addition, median sternotomy provides easy and quick access to heart valves and blood vessels, making it one of the most feasible sternal closure procedures.

The widespread use of innovative closure techniques due to the increase in the number of cardiothoracic surgical procedures can also be explained by the increase in the number of elderly people undergoing open heart surgery via median antrectomy. Because of its simplicity and rapid access to the valves and blood vessels, the median sternotomy remained the most commonly used method to expose the heart cavity.  Accelerating technological improvements, including the use of biocompatible polymers such as polyether ether ketone (PEEK) and kryptonite bone cement, as well as pre-sternotomy plates and the emergence of minimally invasive median sternotomy procedures, are also likely to drive the expansion of the industry. The demand for surgical instruments has increased dramatically due to the increase in the number of surgical operations worldwide. In addition, the older population is at greater risk of cardiovascular disease due to poor diet and lack of exercise.

 In addition, due to the increase in non-communicable diseases and serious injuries, developing countries also spend significantly on public medical infrastructure, which in turn significantly increases the number of surgical procedures here.

COVID-19 significantly affected the growth of the sternal closure system market due to strict lockdown regulations and shortage of sternal closure products in the early stages of the pandemic. Healthcare providers were also working with COVID-19 patients, access was limited to primary care, and the temporary closure of cardiology centers severely limited sternal procedures. According to a BMC study published in March 2021, a global study showed a 50% reduction in cardiac surgery during the pandemic and a 50% reduction in cardiac and intensive care beds in 2020. So, the impact is significant, cardiac surgery also had a significant impact on the sternal closure system, which contributed to the growth of the market.

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Delvens Industry Expert's Standpoint

The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. Yet The Closure Devices industry dominated the global sternal closure systems market in 2021 and is anticipated to maintain its dominance throughout the forecast period. In 2021, the titanium devices had a sizable market share and are anticipated to increase at the fastest rate throughout the projection period. In 2021, North America dominated the global sternal closure systems market due to the presence of leading companies and the high prevalence of CVDs such as cardiac arrest and valvular heart disease in the zone.

Key Findings

The product segment is divided into closure devices and bone cement, with the former expected to maintain its dominant position in the industry; It also contributed the largest share of the revenue, 60% in 2022. The main drivers of that higher share are the introduction of new parts and the increase in surgical costs per capita in both developed and developing economies. Compared to bone cement, these devices had advantages such as reduced postoperative complications and infections. In addition, they have shown that patients recover faster. Moreover, this category is driven by the efforts of key players by introducing new technologies and products for breast closure.

The procedure segment is divided into hemisternotomy, bilateral thoracosternotomy, median sternotomy, and others. Of these, mediasteronotomy accounted for the largest share, approximately 55% in 2022. This procedure is the most common osteotomy in the world to allow easy access to the heart, lungs and surrounding structures during heart valve surgery and coronary artery bypass grafting. This is because it reduces the likelihood of problems such as skeletal complications, hardware problems including wire rotation or displacement; and postoperative infections. The incision allows access to both pleural spaces, making it useful for several thoracic procedures, including sternal goitre and esophagectomy.  

The material segment is further bifurcated into stainless steel, polyether ketone and titanium. The titanium material dominated the demand for sternal closure systems, accounting for the majority of sales. Titanium's superiority can be attributed to its corrosion resistance, ability to efficiently enter human bones, and biocompatibility. Furthermore, titanium's non-ferromagnetic property, which enables patients with titanium implants to be examined safely under an MRI scan, is boosting the material's market penetration. Besides that, the high effectiveness, non-toxic quality, and reliability of titanium materials, and enhanced economic viability and profitability for innovative titanium clips and plates in both emerging and developed countries, are expected to boost the adoption of titanium-based sternal closure systems.  

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period. With a large group of patients and well-established medical insurance programs, North America accounted for the largest significant market share. Additionally, the market for sternal closure systems is being fueled by an increase in joint efforts made by several key players to enhance their product offerings and maintain high-quality standards.

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Regional Analysis

North America to Dominate the Market

North America is estimated to account for the largest market share during the forecast period because of the prevalence of heart-related disorders such as cardiac arrest and valvular heart disease within the region.

Competitive Landscape

Johnson & Johnson

DePuy Synthes

Zimmer Biomet Holdings (A&E Medical)

KLS Martin Group

Stryker

Acumed, LLC (Colson Medical, LLC)

Figure 8 Surgical

IDEAR S.R.L

Praesidia SRL

Kinamed Incorporated

Jace Medical

B Braun SE

Orthofix Holdings Inc

Abyrx Inc

Medical Devices Business Services, Inc.

Acute Innovations LLC

A&E Medical Corporation

Dispomedica

JEIL MEDICAL CORPORATION

Teleflex Incorporated

Changzhou Waston Medical Appliance Co., Ltd

Sklar Surgical Instruments

Recent Developments

• In 2022, Evonik Venture Capital announced its investment in CircumFix Solutions which is a Tennessee-based startup that developed a sternal closure device to improve patient recovery after open chest surgery. The device used n implant-grade polyetheretherketone (PEEK) from Evonik for better results.

• In 2021, NEOS Surgery presented their implantable surgical device known as STERN Fix which is made of a Carbon Peek Matrix at the 35th European Association for Cardio Thoracic Surgery (EACTS) annual meeting held from 13 to 16 October in Barcelona.

• In 2020, Zimmer Biomet announced the acquisition of A&E Medical for USD 250 Million which enhances Zimmer Biomet's Dental, Spine & Craniomaxillofacial, and Thoracic businesses.

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In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Report Scope

The Sternal Closure Systems Market is segmented into various segments such product, procedure, material, fixation technique, end user and region:

Based on Product

Closure Device

Wires

Plates and Screws

Cable

Clips

Others

Bone Cement

Based on Procedure

Median Sternotomy

Hemisternotomy

Bilateral Thoracosternotomy

Based on the Material

Stainless Steel

 Polyether Ether Ketone

Titanium

Based on the Fixation Techniques

Wiring Fixation Techniques

Plate-Screw Systems

Interlocking Systems

Cementing

Vacuum Assisted Closure

Based on End Users

Hospitals

Specialized Surgical Centres

Based on region

Asia Pacific  

Japan

China

India

Australia

South Korea

Vietnam

New Zealand

Philippines

Thailand

Malaysia

Hong Kong

Taiwan

Singapore

Indonesia

Sri Lanka

Rest of Asia-Pacific

North America  

U.S.

Canada

Mexico

Europe  

Germany

U.K.

France

Italy

Spain

Sweden

Austria

Finland

Belgium

Turkey

Russia

Poland

Hungary

Czech Republic

Switzerland

Netherlands

Rest of Europe

South America  

Brazil

Argentina

Chile

Colombia

Rest of South America

Middle East & Africa  

South Africa

U.A.E.

Saudi Arabia

Oman

Qatar

Iran

Egypt

Rest of Middle East and Africa

The prominent players in the Sternal Closure Systems market are

Johnson & Johnson

DePuy Synthes

Zimmer Biomet Holdings (A&E Medical)

KLS Martin Group

Stryker

Acumed, LLC (Colson Medical, LLC)

Figure 8 Surgical

IDEAR S.R.L

Praesidia SRL

Kinamed Incorporated

Jace Medical

B Braun SE

Orthofix Holdings Inc

Abyrx Inc

Medical Devices Business Services, Inc.

Acute Innovations LLC

A&E Medical Corporation

Dispomedica

JEIL MEDICAL CORPORATION

Teleflex Incorporated

Changzhou Waston Medical Appliance Co., Ltd

Sklar Surgical Instruments

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Joint Reconstruction Devices Market Growth, Trends, Production & Consumption Analysis With Forecast To 2022 to 2033

The global joint reconstruction devices market is worth US$ 26 Bn as of now and is expected to reach US$ 41.5 Bn by the year 2032 at a CAGR of 4.8% between 2022 and 2032.

Joint reconstruction comes across as a remarkable part of global orthopedic devices vertical. The conditions adversely affecting joints are inclusive of all kinds of arthritis, bone degenerative diseases, osteoporosis, and the other injuries. It needs to be noted that these ailments no longer pertain to aging population. Sedentary lifestyles are responsible for these ailments.

Joint reconstruction encloses a broad spectrum of treatments like physiotherapy, surgeries, and pain management. The very first type of therapy preferred is that of ‘physiotherapy’. Though it caters to primary care, surgical procedures do prove to be permanent course of cure. Minimally invasive surgeries are preferred as they provide benefits like convenience factor for surgeons and patients alike, lesser timespan of hospital stay, and shorter ‘turnaround’ time. Artificial implants dominate the joint reconstruction devices market as they offer simple installation. Arthroscopes enable outpatient surgeries as well. Advanced tools include image magnifiers and pre-operative planning.

Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Joint Reconstruction Devices Market’ through its dedicated team of analysts and consultants. The bottom-up approach is bound to go a long way regarding the rapport with clientele. Also, micros and macros have been efficiently worked upon.

Key Takeaways from Joint Reconstruction Devices Market

North America holds more than 30% of the market share. This could be credited to the US housing a huge number of industry players.

Europe stands second on the similar grounds and the status quo is expected to remain unchanged even going forward.

The Asia-Pacific is expected to grow at the fastest rate in the joint reconstruction devices market. This could be attributed to FDI being approved by the governments of India and China. Japan is another country leading from the front.

With increase in the number of distribution partners, Mexico and Brazil are expected to dominate joint reconstruction devices market for LATAM.

For More Information: https://www.futuremarketinsights.com/reports/joint-reconstruction-devices-market

Competitive Devices

Smith + Nephew, in February 2022, did announce launching next generation handheld robotics platform called ‘CORI Surgical System’ at the commercial scale. It stands out from its counterparts with respect to compactness. Minimal set-up time along with portability implies that it could be moved from one theater to the other for optimizing patients’ flow via surgical units.

Zimmer Biomet Holdings, Inc., in December 2020, did announce that it had completed acquisition of A&E Medical Corporation and its entire portfolio comprising sternal closure devices. They included cable systems, sternal sutures, and rigid fixation.

DePuy Synthes, in March 2022, did acquire CUPTIMIZE Hip-Spine Analysis – a tool floated with the objective of better understanding and addressing effect of abnormal motion between pelvis and spine in certain patients who need THA (total hip arthroplasty). It improvises on surgical planning capabilities related to VELYS Hip Navigation (a solution from DePuy Synthes’ VELYS Digital Surgery platform for connected technologies).

LimaCorporate, in October 2022, did receive approval from the US FDA for a new-fangled shoulder platform emphasized on glenoid baseplate. Humeral stem is 3D-printed in its entirety. This dental implant system, using patented TT (Trabecular Titanium) technology, does aim to obtain robust primary fixation with successful growth of secondary bone.

Smith + nephew PLC, in September 2022, did launch OR3O dual mobility system for usage in revision and primary arthroplasty in Japan.

“With success with respect to rheumatoid arthritis and osteoarthritis, the global joint reconstruction devices market is bound to grow inadvertently in the near future”, says an analyst from Future Market Insights.

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Sternal Closure Systems Market Worth USD 3.85 Billion By 2030

Sternal Closure Systems Market Growth & Trends 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 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…

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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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The Global Bone Growth Stimulator Market Is Expected To Garner US$ 3.1 Billion By 2032

 In 2021, the global bone growth stimulator market was estimated to be worth $1.89 billion USD. By 2022, the market is expected to be worth US$ 1.99 billion, representing a 5.3% increase year on year. The bone growth stimulator market is expected to grow at a CAGR of 5.07% between 2022 and 2032, with a market value of US$ 3.1 billion. The growing prevalence of arthritis around the world has contributed to the market’s growth.

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Competition Analysis

Key players in the global bone growth stimulator market include Elizur Corporation, Johnson & Johnson, Arthrex Inc., DJO Global Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., Medtronic Plc., and Orthofix International N.V.

Recent Updates from the Industry Include :

In December 2020, Zimmer Biomet Holdings, Inc., announced that the company has concluded the acquisition of A&E Medical Corporation for $150 million in cash at closing and $100 million in cash payable in 2021. The deal is expected to have an immaterial impact to net earnings in 2020. Zimmer Biomet has acquired A&E Medical and its complete portfolio of sternal closure devices which includes sternal sutures, cable systems, and rigid fixation – along with a range of single-use complimentary temporary pacing wire and surgical punch products.

In March 2020, Orthofix Medical Inc., announced its acquisition of assets associated with FITBONE ® intramedullary lengthening system for limb lengthening of the femur and tibia bones. With the initiative, Orthofix becomes the only orthopedic company that offers a comprehensive portfolio of both internal and external fixation solutions for limb reconstruction.

Key Segments Covered

By Product :

Bone Growth Stimulation Devices

Platelet-Rich Plasma Bone Growth Stimulators

Bone Morphogenetic Protein Stimulators

By End User :

Hospitals & Clinics

Home Care

Academic & Research Institutes and CROS

Other End Users

By Application :

Delayed Union & Nonunion Bone Fractures

Spinal Fusion Surgeries

Oral and Maxillofacial Surgeries

Other Applications

By Region :

North America

Latin America

Europe

Japan

APEJ

MEA

How is the presence of established players in the region bolstering the market for bone growth stimulators? According to the analysis, Europe will be the second largest market for bone growth stimulators during the forecast period. From 2022 to 2032, the region is expected to grow at a 5% CAGR. The presence of various established players in the region can be attributed to the region’s development. Bioventus and Orthofix, for example, are expected to make significant contributions to the region’s dividends.

Key Questions Answered in Report

Which are the most lucrative markets for Imaging Chemicals?

Which factors will impact the growth of the market?

How will changing trends impact the strategies of market players?

How can market players capture the low-hanging opportunities across regions?

Which companies are leading the Imaging Chemicals industry?

What are the winning strategies of stakeholders in the market?

Benefits of Fact.MR Study

Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.

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Sternal Closure Systems Market: Size And Share 2021 Analysis Report By Types, Applications

Sternal Closure Systems Market: Size And Share 2021 Analysis Report By Types, Applications

The report “Global Sternal Closure Systems Market  2028” from PMR Market Research includes data and information about market structure and size. The purpose of this research is to give market knowledge and strategic insights to assist in decision making, making informed investment decisions, and identifying potential growth opportunities. The global sternal closure systems market size is…

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Sternal Closure Systems Market Strategic Insights and key Business Influencing Factors | Major Players – KLS Martin Group, Acute Innovations LLC, IDEAR S.R.L, A&E Medical Corporation, Praesidia, Kinamed Incorporated.

Sternal Closure Systems Market are the collection of various products and solutions that are generally used in cardiac/cardiothoracic surgical procedures when carrying out sternotomy. Sternal closure systems are designed specifically for the sternotomy procedure which sometimes involves removal of a sternum, while post the cardiac surgery the sternum is fixated and closed with the help of stainless steel wires, with recently the most simplified and effective method of sternal closure being through stainless steel wires.

Sternal closure systems market is expected to account to USD 3020.02 million by 2027 expanding at a rate of 5.63% in the forecast period of 2020 to 2027. This market expansion has been caused by the growing volume of surgical procedures carried out amid increase in the prevalence of individuals suffering from the applicable disorders for these medical systems.

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Competitive Analysis: Global Sternal Closure Systems   Market

The major players covered in the report are Zimmer Biomet, Medical Devices Business Services, Inc., KLS Martin Group, Acute Innovations LLC, IDEAR S.R.L, A&E Medical Corporation, Praesidia, Kinamed Incorporated, JACE Medical, LLC, Dispomedica, ABYRX, INC., JEIL MEDICAL CORPORATION, Changzhou Waston Medical Appliance Co., Ltd., Teleflex Incorporated, B. Braun Melsungen AG, Sklar Surgical Instruments, Péters Surgical among other players domestic and global. Market share data is available for Global, North America, Europe, Asia-Pacific, Middle East & Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 Key Pointers Covered in the Global Sternal Closure Systems Market Trends and Forecast to 2026

Global   Sternal Closure Systems Market New Sales Volumes

Global   Sternal Closure Systems  Market Replacement Sales Volumes

Global   Sternal Closure Systems Market Installed Base

Global   Sternal Closure Systems Market By Brands

Global   Sternal Closure Systems Market Size

Global   Sternal Closure Systems  Market Procedure Volumes

Global   Sternal Closure Systems Market Product Price Analysis

Global   Sternal Closure Systems Market Healthcare Outcomes

Global   Sternal Closure Systems Market Cost of Care Analysis

Global   Sternal Closure Systems Market Regulatory Framework and Changes

Global   Sternal Closure Systems Market Prices and Reimbursement Analysis

Global   Sternal Closure Systems Market Shares in Different Regions

Recent Developments for Global   Sternal Closure Systems Market Competitors

Global   Sternal Closure Systems Market Upcoming Applications

Global   Sternal Closure Systems Market Innovators Study

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 Sternal Closure Systems Market Country Level Analysis

Sternal closure systems market is analysed and market size information is provided by country, component, modality, application, patient group and end user as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of Middle East & Africa, Brazil, Argentina and Rest of South America as part of South America.

Significant consumer base, strong presence in the region of the major manufacturers are all acting as vital factors in North America dominating the sternal closure systems market in the forecasted period of 2020 to 2027. A number of technological advancements and favourable regulatory presence in terms of reimbursement policies for these devices and procedures are also resulting in North America attaining the largest share in the market.

 Scope of the Sternal Closure Systems   Market

Global Sternal Closure Systems Market By Product (Closure Devices, Bone Cement), Procedure (Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy), Fixation Techniques (Wiring Fixation Techniques, Plate-Screw Systems, Interlocking Systems, Cementing, Vacuum Assisted Closure), Material (Stainless Steel, PEEK, Titanium, Others), End Users (Hospitals, Specialized Surgical Centres), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Industry Trends and  Forecast to 2027

Sternal closure systems market is expected to account to USD 3020.02 million by 2027 expanding at a rate of 5.63% in the forecast period of 2020 to 2027. This market expansion has been caused by the growing volume of surgical procedures carried out amid increase in the prevalence of individuals suffering from the applicable disorders for these medical systems.

Sternal closure systems are the collection of various products and solutions that are generally used in cardiac/cardiothoracic surgical procedures when carrying out sternotomy. Sternal closure systems are designed specifically for the sternotomy procedure which sometimes involves removal of a sternum, while post the cardiac surgery the sternum is fixated and closed with the help of stainless steel wires, with recently the most simplified and effective method of sternal closure being through stainless steel wires.

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Key insights in the report:

Complete and distinct analysis of the market drivers and restraints

Key Market players involved in this industry

Detailed analysis of the Market Segmentation

Competitive analysis of the key players involved

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Global Sternal Closure Systems Market Trends, Strong Application Scope, Key Players, Growth Overview and Forecast by 2026

Data Bridge Market Research has recently added a concise research on Global Sternal Closure Systems Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are KLS Martin Group, Acute Innovations LLC, IDEAR S.R.L, A&E Medical Corporation, Praesidia, Kinamed Incorporated, JACE Medical, LLC, Dispomedica, ABYRX, INC., JEIL MEDICAL CORPORATION, Changzhou Waston Medical Appliance Co., Ltd., Teleflex Incorporated, B. Braun Melsungen AG, Sklar Surgical Instruments

Definition:

Sternal closure systems are the collection of various products and solutions that are generally used in cardiac/cardiothoracic surgical procedures when carrying out sternotomy. Sternal closure systems are designed specifically for the sternotomy procedure which sometimes involves removal of a sternum, while post the cardiac surgery the sternum is fixated and closed with the help of stainless steel wires, with recently the most simplified and effective method of sternal closure being through stainless steel wires.

Analysis of Global Sternal Closure Systems Market report:

Global Sternal closure systems market is expected to account to USD 3020.02 million by 2027 expanding at a rate of 5.63% in the forecast period of 2020 to 2027. This market expansion has been caused by the growing volume of surgical procedures carried out amid increase in the prevalence of individuals suffering from the applicable disorders for these medical systems.

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Top Manufacturers Profiles Operating in the Global Sternal Closure Systems Market:

The major players covered in the report are Zimmer Biomet, Medical Devices Business Services, Inc., KLS Martin Group, Acute Innovations LLC, IDEAR S.R.L, A&E Medical Corporation, Praesidia, Kinamed Incorporated, JACE Medical, LLC, Dispomedica, ABYRX, INC., JEIL MEDICAL CORPORATION, Changzhou Waston Medical Appliance Co., Ltd., Teleflex Incorporated, B. Braun Melsungen AG, Sklar Surgical Instruments, Péters Surgical

Global Sternal Closure Systems Market Segmentation:

·         Sternal closure systems market is segmented on the basis of product, procedure, fixation techniques, material and end user. Each individual segment’s growth is analysed and these insights are subsequently considered before providing you with the market overview which can help you in understanding and identification of your core applications in the broad market.

·         On the basis of product, the sternal closure systems market has been segmented into closure devices and bone cement. Closure devices have been sub-segmented as wires, plates & screws, cables and clips.

·         Based on procedure, the sternal closure systems market has been segmented into median sternotomy, hemisternotomy and bilateral thoracosternotomy.

·         Sternal closure systems market has been segmented on the basis of fixation techniques into wiring fixation techniques, plate-screw systems, interlocking systems, cementing and vacuum assisted closure.

·         Based on material, the sternal closure systems market has been segmented into stainless steel, polyether ether ketone (PEEK), titanium and others. Others consist of tritium and nitinol.

·        Sternal closure systems market has also been segmented into hospitals and specialized surgical centres on the basis of end user.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Global Sternal Closure Systems Market Landscape

·         Market Ecosystem

·         Market Characteristics

·         Market Segmentation Analysis

Part 05: Market Sizing

·         Market Definition

·         Market Sizing 2019

·         Market Size And Forecast 2019-2026

Part 06: Customer Landscape

Part 07: Global Sternal Closure Systems Market Regional Landscape

·         Geographical Segmentation

·         Regional Comparison

·         Americas – Market Size And Forecast 2019-2026

·         EMEA – Market Size And Forecast 2019-2026

·         APAC – Market Size And Forecast 2019-2026

Part 08: Decision Framework

Part 09: Drivers And Challenges

·         Market Drivers

·         Market Challenges

Part 10: Global Sternal Closure Systems Market Trends

Part 11: Vendor Landscape

·         Overview

·         Landscape Disruption

·         Vendors Covered

·         Vendor Classification

·         Market Positioning Of Vendors

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Competitive Landscape:

Global Sternal closure systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to sternal closure systems market.

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