Sternal Closure Systems Market Trends

Skyquest Technology's expert advisors have carried out comprehensive research on the sternal closure systems market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.

Sternal Closure Systems Market Dynamics

Sternal Closure Systems Market Driver

Improvements in Surgical Techniques

  • 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. 

Development in Healthcare Infrastructure

  • Most regions, mainly in the developing markets, are heavily investing in developments in healthcare infrastructure. This investment comprises construction of more surgical centers and hospitals equipped with improved technology, thus notably demanding sternal closure systems. Also, better access to quality healthcare facilities and services improved the number of procedures, increasing the need and demand for associated products like closure systems. 

Sternal Closure Systems Market Restraints

Risks and Complications Associated with Sternal Closures

  • Growing risk of infections and sternal non-unions are majorly restraining the adoption and affecting the market growth. surgical site infections are one of the leading concerns for cardiac procedures and a few certain closure techniques may hold risks. This may hamper the adoption of these products, thus limiting the market growth. Complications like sternal non-union may occur, resulting in additional costs and patient illness. 

Competition from Alternatives

  • Most surgical teams may opt alternate materials or techniques for sternal closure that do not need specialized knowledge or proficiency. This may considerably hamper the growth of the market. Also, the availability of established techniques and products may result in increased hesitation and resistance against the adoption of novel products, especially if the present techniques are supposed to be effective and reliable.

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Sternal Closure Systems Market size was valued at USD 2.31 Billion in 2023 and is poised to grow from USD 2.43 Billion in 2024 to USD 3.65 Billion by 2032, growing at a CAGR of 5.20% during the forecast period (2025-2032).

Key Vendors in Sternal Closure Systems Market are: 'Depuy Synthes (Part of Johnson & Johnson) (US) ', 'Zimmer Biomet Holdings, Inc  (US) ', 'B. Braun SE (Germany) ', 'KLS Martin Group (Germany) ', 'Stryker (US) ', 'Teleflex Incorporated (US) ', 'Acumed LLC (US) ', 'Idear S.R.L (Italy)     ', 'Kinamed Incorporated (US) ', 'Able Medical Devices (US) ', 'Praesidia (US) ', 'Abyrx, Inc. (US) ', 'Dispomedica (Germany) ', 'Jeil Medical Corporation (South Korea) ', 'Changzhou Waston Medical Appliance Co., Ltd. (China) ', 'Neos Surgery (Spain) ', 'Ortolog Medical (US) ', 'Medicon EG (Egypt) ', 'Medxpert GmbH (Germany) ', 'Circumfix Solutions (US) ', 'Invibio Ltd. (UK) ', 'Arthrex, Inc. (US) ', 'TTK Healthcare Ltd. (India) ', 'Lotus Surgicals (India) ', 'Peters Surgical (France)' 

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.  

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Global Sternal Closure Systems Market
Sternal Closure Systems Market

Report ID: SQMIG35A2513

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