The report "Sternal Closure Systems Market Size, Growth by Product (Closure Devices (Wires, Plate & Screw, Cable, Clips) Bone Cement), Procedure (Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy), Material (Stainless Steel, PEEK, Titanum) - Global Forecast to 2027 is projected to reach USD 2.9 billion by 2027, at a CAGR of 5.1%.
Browse 119 market data Tables and 38 Figures spread through 173 Pages and in-depth TOC on "Sternal Closure Systems Market - Global Forecast to 2027"
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The rising adoption of advanced technology drives the sternal closure systems market for sternotomy procedures and favorable medical reimbursement across major markets. Increasing research activities for sternal closure procedures, emerging markets, and growth in the number of hospitals & surgical centers are expected to provide lucrative growth opportunities for the sternal closure systems market.
The closure devices accounted for the largest share of the sternal closure systems market, by product segment
The global sternal closure systems market is segmented into closure devices and bone cement based on product. Closure devices accounted for the largest share of the global sternal closure systems market. This is mainly due to factors such as the increasing number of complex cardiovascular surgeries and the increasing efficiency of closure devices.
Median sternotomy segment to register the highest growth rate among sternal closure systems during the forecast period
The global sternal closure systems market is segmented into median sternotomy, hemisternotmy, and bilateral thoracosternotomy, based on procedure. The median sternotomy segment accounted for the largest share of the sternal closure systems market, owing to the increasing patient population for cardiovascular diseases.
Asia Pacific to observe highest growth rate for sternal closure systems market during the forecast period.
The global sternal closure systems market has been segmented into four major regions—North America, Europe, the Asia Pacific, and the Rest of the World. The sternal closure systems market in several Aisa Pacific countries is expected to witness high growth during the forecast period owing to the rapid growth in the healthcare expenditure in emerging APAC countries (such as China and India), and the growing adoption of advanced sternum closure techniques among cardiothoracic surgeons.
The major players operating in this market are DePuy Synthes (US), Zimmer Biomet Holdings, Inc. (US), KLS Martin Group (US), B. Braun SE (Germany), and Stryker (US).
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