Sternal Closure Systems Market

The sternal closure systems market is anticipated to expand from US$ 4.22 billion in 2024 to US$ 6.32 billion by 2031, with a projected CAGR of 6.1% from 2025 to 2031.

Market Insights and Analyst Perspective:

Deep sternal wound infections are among the most severe complications faced by patients after heart surgery. Cardiac and thoracic surgeries involve the opening of the sternum, and sternal closure is employed to secure the sternum post-surgery. This closure is a crucial method for minimizing the risk of wound dehiscence. Devices for sternal closure include plates, wires, screws, and cables, typically made from titanium, PEEK, or stainless steel. Factors driving the demand for sternal closure systems during the forecast period include advancements in sternotomy techniques, an increasing patient population, a rise in surgical procedures, a growing elderly demographic undergoing open-heart surgeries, and enhanced medical reimbursements in developed nations. Additionally, investments in public healthcare infrastructure in developing countries, driven by a rise in noncommunicable diseases and injuries, are expected to increase the volume of surgical procedures.

Global Sternal Closure Systems Market Size and Share

Factors Influencing Sternal Closure Systems Market Growth:

The surge in open-heart surgeries and the growing elderly population are key drivers of market growth. For example, a June 2022 article from the National Institute of Health reported that over 2 million individuals globally undergo open-heart surgery each year for various heart conditions. The same source noted that approximately 400,000 coronary artery bypass graft surgeries are performed annually, making it the most common major surgical procedure. According to a World Health Organization (WHO) report from October 2022, the global population aged 60 and above is expected to reach 1.4 billion by 2030 and 2.1 billion by 2050. The elderly are more susceptible to cardiovascular diseases, often necessitating open-heart surgeries. This high volume of surgeries is likely to drive the demand for sternal closure systems, which are essential for rejoining the sternum during these procedures, thereby fostering market growth.

Strategic Insights

Sternal Closure System Market Report Segmentation and Scope:

The sternal closure systems market is categorized by product, procedure, and material. In terms of product, it is divided into closure devices and bone cement. The procedure-based segmentation includes median sternotomy, hemisternotomy, bilateral thoracosternotomy, and others. The material analysis considers subsegments such as titanium, polyether ether ketone, stainless steel, and others. Geographically, the market is segmented into North America (including the US, Canada, and Mexico), Europe (France, Germany, the UK, Spain, Italy, and the Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

Sternal Closure System Market Analysis Based on Segmental Assessment:

The market is segmented by product into closure devices and bone cement. In 2022, the closure devices segment dominated the market and is projected to exhibit a higher CAGR from 2022 to 2030. The closure devices category includes sternal closure wires, plates and screws, clips, and cables.

By procedure, the market is divided into median sternotomy, hemisternotomy, bilateral thoracosternotomy, and others. The median sternotomy segment accounted for the largest market share in 2022 and is expected to achieve the highest CAGR from 2022 to 2030. This procedure is favored for valve surgeries and reoperations in patients with favorable body types due to its better cosmetic results and lower trauma.

In terms of material, the market is segmented into titanium, polyether ether ketone, stainless steel, and others. The titanium segment held the largest market share in 2022, while polyether ether ketone is anticipated to register the highest CAGR from 2022 to 2030.

Regional Sternal Closure System Market Analysis:

The sternal closure systems market report evaluates performance across North America, Europe, Asia Pacific, South & Central America, and the Middle East & Africa. North America held a significant market share in 2022, followed by Europe. The increasing number of open-heart and coronary artery bypass graft surgeries, the growing elderly population, and advanced healthcare infrastructure are expected to drive market growth in North America. For instance, the Detroit Medical Center reports that nearly 500,000 individuals in the US undergo open-heart surgery annually. Additionally, data from the New Jersey Department of Health indicated that 17,291 open-heart surgeries were performed in New Jersey in 2021. Similarly, a May 2021 article from the National Center for Biotechnology Information (NCBI) stated that around 15,000 Canadians undergo coronary artery bypass grafting surgery each year.

The rising number of elderly individuals susceptible to cardiac issues, who frequently require surgical interventions, is projected to enhance the demand for sternal closure systems in North America. For example, Statistics Canada reported that the older population in Canada grew from 2,232,871 in 2021 to 2,308,041 in 2022. Furthermore, UCAM data from 2022 indicated that approximately 12% of the Mexican population is over 60. These factors are expected to significantly contribute to the growth of the sternal closure systems market during the forecast period.

Sternal Closure Systems Market Report Scope

Industry Developments and Future Opportunities:

The forecast for the sternal closure systems market can assist stakeholders in formulating their growth strategies. Below are some initiatives undertaken by key players in the sternal closure systems market:

1. In February 2022, CircumFix Solutions secured approximately US$ 17 million from Evonik Venture Capital for its innovative sternal closure orthopedic device, which stabilizes the sternum post-surgery using Evonik’s high-performance polymer.
2. In March 2021, A&E Medical Corporation received approval for its Tritium Sternal Cable Plate System, designed for stabilizing and fixing fractures of the anterior chest wall, including sternal fixation after sternotomy and reconstructive surgeries.
3. In December 2020, Zimmer Biomet Holdings, Inc. acquired A&E Medical Corporation, a leader in developing and manufacturing cardiothoracic surgery products, to enhance its portfolio of innovative solutions for complex surgical procedures.
4. In September 2020, Johnson & Johnson Services, Inc. launched the Echelon Flex Endopath staplers with GST reloads, aimed at improving patient outcomes through better staple formation and reduced tissue trauma during thoracic surgeries.

Competitive Landscape and Key Companies:

Key players in the sternal closure systems market include Johnson and Johnson Services, Inc., A&E Medical Corporation, B. Braun Melsungen AG, DePuy Synthes, Acute Innovations LLC, KLS Martin Group, IDEAR S.R.L., Zimmer Biomet Holdings, Inc., ABYRX, Inc., and Kinamed Incorporated. These companies are focused on introducing new high-tech products, advancing existing technologies, and expanding geographically to meet the increasing global consumer demand.

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