Title: Sternal Closure Systems Market – Trends forecast Till 2030
1Sternal Closure Systems Market Trends, Size,
Share, Demands, Overview, Growth, Revenue and
Forecast to 2030
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2Sternal Closure Systems Market Trends Forecast
Till 2030
Sternal Closure Systems Market, By Product
(Wires, Plates and Screws, Bone Cement, Cable,
Clips, Others), Procedure (Median Sternotomy,
Hemisternotomy, Bilateral Thoracosternotomy),
Material (Stainless Steel, Polyether Ether
Ketone, Titanium), Fixation Techniques (Wiring
Fixation Techniques, Plate-Screw Systems,
Interlocking Systems, Cementing, Vacuum Assisted
Closure), End Users (Hospitals, Specialized
Surgical Centres) and region (North America,
Europe, Asia-Pacific, Middle East and Africa and
South America).
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3Market Overview
Sternal closure systems refer to the systems that
are used in the fixation and stabilization of
fractures of the anterior chest wall. The systems
widely utilized in sternal fixation following
sternal reconstructive surgical procedures for
the purpose of promoting fusion. The growth of
the industry is driven by the increase in cardiac
and thoracic surgeries, the introduction of
innovative sternal closure systems and the
increase in the number of elderly people
worldwide. In addition, median sternotomy
provides easy and quick access to heart valves
and blood vessels, making it one of the most
feasible sternal closure procedures. Purchase
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30
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4Market Overview
The widespread use of innovative closure
techniques due to the increase in the number of
cardiothoracic surgical procedures can also be
explained by the increase in the number of
elderly people undergoing open heart surgery via
median antrectomy. Because of its simplicity and
rapid access to the valves and blood vessels, the
median sternotomy remained the most commonly used
method to expose the heart cavity. Accelerating
technological improvements, including the use of
biocompatible polymers such as polyether ether
ketone (PEEK) and kryptonite bone cement, as well
as pre-sternotomy plates and the emergence of
minimally invasive median sternotomy procedures,
are also likely to drive the expansion of the
industry. The demand for surgical instruments has
increased dramatically due to the increase in the
number of surgical operations worldwide. In
addition, the older population is at greater risk
of cardiovascular disease due to poor diet and
lack of exercise.
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5Key Findings
The Sternal Closure Systems Market is segmented
into various segments such product, procedure,
material, fixation technique, end user and
region The product segment is divided into
closure devices and bone cement, with the former
expected to maintain its dominant position in the
industry It also contributed the largest share
of the revenue, 60 in 2022. The procedure
segment is divided into hemisternotomy, bilateral
thoracosternotomy, median sternotomy, and others.
Of these, mediasteronotomy accounted for the
largest share, approximately 55 in 2022.
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6Key Findings
The material segment is further bifurcated into
stainless steel, polyether ketone and titanium.
The titanium material dominated the demand for
sternal closure systems, accounting for the
majority of sales. The market is also divided
into various regions such as North America,
Europe, Asia-Pacific, South America, and Middle
East and Africa. North America is estimated to
account for the largest market share during the
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7Competitive Landscape
- Johnson Johnson
- DePuy Synthes
- Zimmer Biomet Holdings (AE Medical)
- KLS Martin Group
- Stryker
- Acumed, LLC (Colson Medical, LLC)
- Figure 8 Surgical
- IDEAR S.R.L
- Praesidia SRL
- Kinamed Incorporated
- Jace Medical
- B Braun SE
- Orthofix Holdings Inc
- Abyrx Inc
- Medical Devices Business Services, Inc.
- Acute Innovations LLC
- AE Medical Corporation
- Dispomedica
- JEIL MEDICAL CORPORATION
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8Recent Developments
In 2022, Evonik Venture Capital announced its
investment in CircumFix Solutions which is a
Tennessee-based startup that developed a sternal
closure device to improve patient recovery after
open chest surgery. The device used n
implant-grade polyetheretherketone (PEEK) from
Evonik for better results. In 2021, NEOS
Surgery presented their implantable surgical
device known as STERN Fix which is made of a
Carbon Peek Matrix at the 35th European
Association for Cardio Thoracic Surgery (EACTS)
annual meeting held from 13 to 16 October in
Barcelona. In 2020, Zimmer Biomet announced
the acquisition of AE Medical for USD 250
Million which enhances Zimmer Biomet's Dental,
Spine Craniomaxillofacial, and Thoracic
businesses.
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9Contact Information
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