Sternal Closure Systems - Global Strategic Business Report

Global Sternal Closure Systems Market to Reach $3.4 Billion by 2030

The global market for Sternal Closure Systems estimated at US$2.4 Billion in the year 2022, is projected to reach a revised size of US$3.4 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030. Closure Devices, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$2.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Bone Cement segment is readjusted to a revised 2.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $718.9 Million, While China is Forecast to Grow at 3.7% CAGR

The Sternal Closure Systems market in the U.S. is estimated at US$718.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$583.3 Million by the year 2030 trailing a CAGR of 3.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 3.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Select Competitors (Total 14 Featured) -

• DePuy Synthes
• Dispomedica GmbH
• Idear S.R.L
• Jace Medical LLC
• Johnson & Johnson Medical Devices Companies
• Kinamed Incorporated
• KLS Martin Group

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year