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Global Sternal Closure Systems Market Report and Forecast 2023-2031

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    Report

  • 147 Pages
  • May 2023
  • Region: Global
  • Expert Market Research
  • ID: 5805728
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.

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 Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Sternal Closure Systems Market Analysis
8.1 Key Industry Highlights
8.2 Global Sternal Closure Systems Historical Market (2018-2022)
8.3 Global Sternal Closure Systems Market Forecast (2023-2028)
8.4 Global Sternal Closure Systems Market by Product
8.4.1 Closure
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Bone Cement
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Sternal Closure Systems Market by Procedure
8.5.1 Median Sternotomy
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Hemisternotomy
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Bilateral Thoracosternotomy
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Sternal Closure Systems Market by Material
8.6.1 Titanium
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Polyether Ether Ketone (PEEK)
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Stainless Steel
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Sternal Closure Systems Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Sternal Closure Systems Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Sternal Closure Systems Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Sternal Closure Systems Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Sternal Closure Systems Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Sternal Closure Systems Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Zimmer Biomet Holdings Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Johnson & Johnson Services, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 B. Braun SE
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Praesidia S.r.l
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 KLS Martin, L.P.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 IDEAR S.R.L
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Kinamed Incorporated
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market

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