The global sternal closure systems market value was USD 2.34 billion in 2022, driven by the increasing prevalence of cardiovascular diseases and the growing number of cardiac surgeries across the globe. The market size is anticipated to grow at a CAGR of 5.5% during the forecast period of 2023-2031 to achieve a value of USD 3.79 billion by 2031.
The sternum plays a crucial role in protecting the heart and other vital organs, and maintaining its stability is essential for successful recovery after cardiac surgery. Sternal closure systems typically consist of implants, such as wires, plates, or sutures, that are used to secure the sternum in its proper position.
The market for sternal closure systems is driven by the increasing prevalence of cardiovascular diseases and the growing number of cardiac surgeries worldwide. As the global population ages and the incidence of heart-related conditions rises, the demand for effective sternal closure solutions continues to grow.
The demand for sternal closure systems is fueled by factors such as the rising geriatric population, the increasing incidence of obesity, and the advancements in surgical techniques. Additionally, the growing awareness among surgeons about the importance of proper sternal closure to prevent complications like sternal dehiscence and infection has contributed to the market growth.
The market is characterized by the presence of various market players offering a wide range of sternal closure systems, including sternum plates, wires, and other fixation devices. These systems are often designed to provide strong and stable closure while minimizing tissue trauma and optimizing patient comfort.
Geographically, the market for sternal closure systems is driven by the high demand in regions with a significant burden of cardiovascular diseases, such as North America, Europe, and Asia Pacific. Emerging markets in Latin America, the Middle East, and Africa are also witnessing growth due to improving healthcare infrastructure and increasing access to advanced cardiac care.
Sternal Closure Systems: Introduction
Sternal closure systems are medical devices used in cardiothoracic surgeries to secure the sternum (breastbone) after open-heart procedures such as coronary artery bypass grafting (CABG) or heart valve surgery. The primary goal of these systems is to provide stability and support to the sternum, facilitating proper healing and minimizing the risk of complications.The sternum plays a crucial role in protecting the heart and other vital organs, and maintaining its stability is essential for successful recovery after cardiac surgery. Sternal closure systems typically consist of implants, such as wires, plates, or sutures, that are used to secure the sternum in its proper position.
The market for sternal closure systems is driven by the increasing prevalence of cardiovascular diseases and the growing number of cardiac surgeries worldwide. As the global population ages and the incidence of heart-related conditions rises, the demand for effective sternal closure solutions continues to grow.
Key Trends in the Sternal Closure Systems Market
Some key trends involved in the sternal closure systems market are as follows:- Minimally Invasive Approaches: There is a growing trend towards minimally invasive cardiac surgeries, which require smaller incisions. This has led to the development of sternal closure systems specifically designed for these procedures, such as sternum plates with reduced profile and specialized fixation techniques
- Advanced Materials: Manufacturers are exploring the use of advanced materials for sternal closure implants, aiming to improve strength, flexibility, and biocompatibility. Titanium and its alloys, as well as bioabsorbable materials, are being increasingly utilized to enhance patient comfort and reduce the risk of complications
- Customized Solutions: With a better understanding of patient anatomy and surgical requirements, there is a demand for customized sternal closure solutions. Personalized implants and instruments designed based on preoperative imaging data and 3D printing technology are gaining popularity, allowing for a more precise and tailored approach
Sternal Closure Systems Market Segmentations
Market Breakup by Product Type
Closure Devices
- Sternal Closure Wires
- Sternal Closure Plates and Screws
- Sternal Closure Clips
- Sternal Closure Cables
Bone Cement
Market Breakup by Procedure Type
- Median Sternotomy
- Hemisternotomy
- Bilateral Thoracosternotomy
- Other
Market Breakup by Fixation Techniques
- Wiring Fixation Techniques
- Plate-Screw Systems
- Interlocking Systems
- Cementing Vacuum Assisted Closure
Market Breakup by Material
- Stainless Steel
- Polyether Ether Ketone (PEEK)
- Titanium
- Others
Market Breakup by End User
- Hospitals
- Specialized Surgery Centres
- Others
Market Breakup by Region
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Italy
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Sternal Closure Systems Market Scenario
The sternal closure systems market plays a critical role in ensuring successful and safe cardiac surgeries. These systems are designed to provide stability and secure closure of the sternum after open-heart procedures, such as coronary artery bypass grafting (CABG) or valve replacement surgeries. The market for sternal closure systems is driven by the increasing prevalence of cardiovascular diseases and the growing number of cardiac surgeries globally.The demand for sternal closure systems is fueled by factors such as the rising geriatric population, the increasing incidence of obesity, and the advancements in surgical techniques. Additionally, the growing awareness among surgeons about the importance of proper sternal closure to prevent complications like sternal dehiscence and infection has contributed to the market growth.
The market is characterized by the presence of various market players offering a wide range of sternal closure systems, including sternum plates, wires, and other fixation devices. These systems are often designed to provide strong and stable closure while minimizing tissue trauma and optimizing patient comfort.
Geographically, the market for sternal closure systems is driven by the high demand in regions with a significant burden of cardiovascular diseases, such as North America, Europe, and Asia Pacific. Emerging markets in Latin America, the Middle East, and Africa are also witnessing growth due to improving healthcare infrastructure and increasing access to advanced cardiac care.
Sternal Closure Systems Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:- 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
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Industry Opportunities and Challenges16 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
6 Market Snapshot
8 Global Sternal Closure Systems Market Analysis
9 North America Sternal Closure Systems Market Analysis
10 Europe Sternal Closure Systems Market Analysis
11 Asia Pacific Sternal Closure Systems Market Analysis
12 Latin America Sternal Closure Systems Market Analysis
13 Middle East and Africa Sternal Closure Systems Market Analysis
14 Market Dynamics
15 Competitive Landscape
Companies Mentioned
- Zimmer Biomet Holdings Inc.
- Johnson & Johnson Services Inc.
- B. Braun SE
- Praesidia S.r.l
- KLS Martin
- L.P.
- IDEAR S.R.L
- Kinamed Incorporated
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 147 |
Published | May 2023 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 2.47 Billion |
Forecasted Market Value ( USD | $ 3.79 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
No. of Companies Mentioned | 8 |