What is the global market size of Sternal Closure Systems Market?

Sternal Closure Systems Market size was valued at USD 2.39 billion in 2021 and is poised to grow from USD 2.52 billion in 2022 to USD 4.04 billion by 2030, growing at a CAGR of 5.4% in the forecast period (2023-2030).

What is the key driver of Global Sternal Closure Systems Market?

Rise in the prevalence of cardiac disease to increase the sternal closure demand globally.

What is the key market trend for Global Sternal Closure Systems Market?

Due to the simplicity, rapidity, relatively low rate of complications, and inexpensive cost of wires, sternal closure with wires is becoming the norm. The sternal halves made during the median sternotomy are typically closed with a set of interrupted or figure-of-eight wires. But, under physiologic loads, all wiring schemes permit some sternal half movement and separation. Except if the sternotomy is mechanically flawed, these minor motions do not harm the great group of patients with normal sternums and may even hasten bone repair by encouraging early callus formation.

Which region accounted for the largest share in Global Sternal Closure Systems Market?

In 2021, North America has dominated the global sternal closure systems market, due to the presence of leading companies and the high prevalence of CVDs such as cardiac arrest and valvular heart disease in the zone, North America is expected to continue to dominate the market throughout the forecast period. Due to its pro-patient legislation, large patient population, and established healthcare market, the United States has the largest share in North America.

Sternal Closure Systems Market Companies

Sternal Closure Systems Market Competitive Landscape

The main market participants for sternal closure systems are concentrating on implementing mergers, partnerships, collaborations & acquisition tactics to increase their revenue. These major players are coming up with new advancements and strategies in sternal closure devices to boost their market share. In 2021, The Valkyrie Thoracic Fixation System was introduced by Able Medical Devices. Following open-heart surgery, it is the first single-use radiolucent plating device created to span the osteotomy and close the sternum.

Sternal Closure Systems Market Top Players Company Profiles

Zimmer Biomet
Praesidia
DePuy Synthes
A&E Medical Corporation
Acute Innovations
ABYRX
KLS Martin Group
Kinamed Incorporated
Medline Industries Inc.
Stryker Corporation
RTI Surgical Inc.
Sklar Surgical Instruments
Johnson & Johnson
B. Braun Melsungen AG
Zimmer MedizinSysteme GmbH
De Soutter Medical Limited
Dispomedica GmbH
Teleflex Medical OEM
Grena Ltd.
MicroAire Surgical Instruments

Sternal Closure Systems Market Recent Development

In June 2021, The ValkyrieTM Thoracic Fixation System was introduced by Able Medical Devices. The device is the very first single-use radiolucent plating system on the market that is intended just for use following open-heart surgery to span the osteotomy and seal the sternum.
In March 2021, Montage Bone Putty, a pipeline medical product from Abyrx Inc., is a settable, re-absorbable hemostatic bone putty. It is currently undergoing Phase 2 clinical trials to compare how well cardiac patients with medical sternotomies heal after surgery using montage putty and conventional wires vs. traditional wires alone.

FAQs

Global Sternal Closure Systems Market size was valued at USD 2.31 Billion in 2024 and is poised to grow from USD 2.43 Billion in 2025 to USD 3.65 Billion by 2033, growing at a CAGR of 5.2% during the forecast period (2026–2033).

The competitive landscape of the global sternal closure systems market presents a mix of several emerging players and prominent players aimed at offering effective sternal closure products that are less invasive and offer minimal risks. The leading market players like Stryker Corporation, Medtronic, Boston Scientific, and Zimmer Biomet are engaged in offering wider range of products, developing less invasive surgical techniques, and introducing specialized systems. The key market trends comprise technological developments to enhance efficacy and safety, strategic alliances, and emphasis on minimally invasive systems. Overall, the market has strong focus on enhancing surgical outcomes and increasing their geographic reach. 'Johnson & Johnson (USA)', 'Zimmer Biomet (USA) ', 'KLS Martin Group (Germany) ', 'B. Braun Melsungen AG (Germany) ', 'Orthofix Holdings, Inc. (USA) ', 'A&E Medical Corporation (USA) (Zimmer Biomet) ', 'Acute Innovations (Acumed LLC) (USA) ', 'Abyrx, Inc. (USA) ', 'Kinamed Incorporated (USA) ', 'Jace Medical, LLC (USA) ', 'IDEAR S.R.L. (Argentina) ', 'ABLE MEDICAL DEVICES (USA) ', 'Medtronic (USA) ', 'Stryker (USA) ', 'Acumed LLC (Colson Medical, LLC) (USA) ', 'Figure 8 Surgical (USA) ', 'Praesidia SRL (Italy) ', 'Dispomedica (Germany) ', 'JEIL MEDICAL CORPORATION (South Korea) ', 'Changzhou Waston Medical Appliance Co., Ltd. (China)'

The inclination towards less painful surgical techniques has given rise to modernizations and emergence of improved sternal closure systems. These novel techniques offer short recovery times, low complications, and reduced pain, thus fueling the adoption of novel closure products that are specially designed for these techniques. Also, improvements in surgical techniques are related to enhanced patient outcomes, improving trust and demand for efficient and reliable sternal closure systems.

Growing Adoption of Advanced Materials: There is an increased emphasis on the use of modernized materials in sternal closure systems like titanium and bioresorbable polymers. Bioresorbable materials offer the benefit of removing the need for hardware and decrease infection risk. Titanium is prominent for its biocompatibility and strength and is remarkably gaining prominence for its ability to offer safe closure while reducing complication and risks.

Region-wise, North America dominated the market in the previous years and is expected to lead over the forecast period owing to increasing cases of cardiovascular diseases, presence of advanced healthcare infrastructure, and robust investment in R&D. The region holds high prevalence of heart-associated disorders, thus impacting and increasing the demand for surgeries and related products. North America brags about its developed healthcare services and facilities, superior technology, and skilled professionals. This again is boosting the market in the region. Furthermore, heavy investments in R&D are triggering the emergence of improved materials that enhance surgical results. The key players profiled in the region include Depuy Synthes, Zimmer Biomet Holdings Inc, Teleflex Incorporated, Stryker, Acumed LLC, Kinamed Incorporated, and more.

Sternal Closure Systems Market

Report ID: SQMIG35A2513

Top Sternal Closure Systems Companies

Sternal Closure Systems Market Competitive Landscape

FAQs

Request Free Customization

Top Sternal Closure Systems Companies

Sternal Closure Systems Market Competitive Landscape

FAQs

What is the global market size of Sternal Closure Systems Market?

Who are the key vendors in the Sternal Closure Systems Market?

What is the key driver of Sternal Closure Systems Market?

What is the key market trend for Sternal Closure Systems Market?

Which region accounted for the largest share in Sternal Closure Systems Market?

Request Free Customization