Sternal Closure Systems Market is projected to reach USD 2.68 billion by 2028, with a CAGR of 5.9% during the forecast period

Introduction

The global sternal closure systems market is poised to reach USD 2.68 billion by 2028, growing at a CAGR of 5.9% during the forecast period. As the prevalence of cardiovascular and thoracic conditions continues to rise, the demand for advanced sternal closure systems has seen significant growth. These systems, vital in procedures such as open-heart surgery, sternotomy, and thoracic surgeries, ensure stability and facilitate the proper healing of the sternum.

This article provides an in-depth analysis of the sternal closure systems market, focusing on market drivers, trends, challenges, opportunities, and regional insights.

Market Overview

Sternal closure systems are medical devices used to close and stabilize the sternum after surgical procedures, primarily open-heart surgeries. The growing burden of cardiovascular diseases (CVDs), increased adoption of advanced surgical procedures, and technological advancements in sternal closure techniques are driving the market’s growth.

With the aging global population and the increasing prevalence of lifestyle diseases, the demand for cardiac surgeries and, subsequently, sternal closure systems has surged. Moreover, the rising awareness about advanced surgical interventions is bolstering market demand.

Some of the major players operating in the global market include:

Zimmer Biomet
Braun Melsungen AG
GE Healthcare
A&E Medical Corporation
Jace Medical, LLC
KLS Martin Group
Orthofix Holdings, Inc.
Acute Innovations
Abyrx, Inc.
Johnson & Johnson

Market Drivers

Rising Prevalence of Cardiovascular Diseases Cardiovascular diseases are among the leading causes of mortality worldwide. According to the World Health Organization (WHO), an estimated 17.9 million people die each year from CVDs. The growing prevalence of these conditions has resulted in an increased number of open-heart surgeries, thereby driving the demand for sternal closure systems.
Technological Advancements in Sternal Closure Systems Innovations such as bioresorbable plates, advanced plating systems, and minimally invasive surgical techniques are revolutionizing the sternal closure systems market. These advancements ensure better post-surgical outcomes, reduced infection rates, and faster recovery times, enhancing patient safety.
Growth in Thoracic Surgeries with advancements in surgical procedures and imaging technologies, thoracic surgeries have become more accessible and efficient. Sternal closure systems play a critical role in these procedures, ensuring proper alignment and healing of the sternum post-surgery.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:

https://www.polarismarketresearch.com/industry-analysis/sternal-closure-systems-market

Emerging Trends in the Market

Adoption of Bioresorbable Materials The use of bioresorbable materials in sternal closure systems is gaining popularity. These materials eliminate the need for device removal post-healing, reducing the risk of complications and improving patient outcomes.
Minimally Invasive Surgical Techniques Minimally invasive techniques are being increasingly adopted in cardiac and thoracic surgeries. These procedures require advanced sternal closure systems that provide stability with minimal surgical trauma.
Focus on Patient-Specific Solutions The development of patient-specific sternal closure systems tailored to individual anatomical and surgical needs is an emerging trend. These personalized solutions improve surgical outcomes and patient satisfaction.

Opportunities in the Market

Expansion in Emerging Markets Emerging economies in Asia-Pacific, Latin America, and the Middle East offer significant growth opportunities due to increasing healthcare investments, improving infrastructure, and a growing patient population.
Development of Cost-Effective Solutions The development of affordable and efficient sternal closure systems can address the challenges of high costs and expand access in resource-constrained settings.
Collaborations and Partnerships Collaborations between medical device companies, hospitals, and research institutions can accelerate the development of innovative sternal closure systems and enhance their adoption.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The research report categorizes the market into various segments and sub-segments. The primary segments covered in the study include type, application, end use and region. The splitting of the market into various groups enables businesses to understand market preferences and trends better. Also, stakeholders can develop products/services that align with the diverse needs of consumers in the industry. Besides, the research study includes a thorough examination of all the major sub-segments in the market.

Sternal Closure Systems, Product Outlook (Revenue – USD Billion, 2016 – 2028)

Closure Devices
- Wires
- Plates and Screws
- Clips
- Cables
Bone Cement

Sternal Closure Systems, Material Outlook (Revenue – USD Billion, 2016 – 2028)

Titanium
Polyether Ether Ketone (PEEK)
Stainless Steel
Others

Sternal Closure Systems, Procedure Outlook (Revenue – USD Billion, 2016 – 2028)

Median Sternotomy
Hemisternotomy
Bilateral Thoracosternotomy
Others

Conclusion

The global sternal closure systems market is set to witness significant growth, driven by the rising prevalence of cardiovascular diseases, technological advancements, and increasing healthcare investments. However, addressing challenges such as high costs, post-surgical complications, and limited access in developing regions will be crucial for sustained market growth.

Emerging trends, including the adoption of bioresorbable materials, minimally invasive techniques, and patient-specific solutions, are reshaping the market landscape. By leveraging these trends and exploring opportunities in emerging markets, the industry can ensure continued growth and innovation.

As the healthcare sector evolves, sternal closure systems will remain a critical component of cardiac and thoracic surgeries, improving patient outcomes and enhancing the quality of care worldwide.

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