Sternal Closure Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-2856 | Report Format : | Status : Upcoming |

Abstract

Global Sternal Closure Systems Market: Overview

The investigators and researchers are conducting studies to evaluate two different techniques of sternal closure after a cardiac operation in order to verify if one technique is better as compared to the other. Open heart operation/surgery always needs a sternotomy, and at the end of the operation, the sternum requires to be closed.

Global Sternal Closure Systems Market: Growth Factors

The increase in patient population along with the consequent boost in the number of surgical methods, increasing accessibility of medicinal reimbursements across the most important markets, and technological developments in sternotomy methods are likely to fuel the demand and requirement for sternal closure systems in the coming years. Furthermore, the procedural risks related to sternal closure, the excise duty, and legislation for therapeutic devices across the world may restrain the market development in the coming years.

Global Sternal Closure Systems Market: Segmentation

In terms of product, the global sternal closure systems market can be bifurcated into bone cement and closure devices. Among these divisions, closure devices are projected to develop at the maximum growth rate in the coming future. Aspects such as growing number of complex cardiovascular operations and increasing accessibility of medicinal reimbursements across the developed markets are projected to fuel the development of the closure devices division in the coming future.

In terms of procedure, the median sternotomy division is projected to be the largest division. The global sternal closure systems market is classified in terms of procedure which is further divided into bilateral thoracosternotomy, hemisternotomy, and median sternotomy. The median sternotomy division is projected to account for the maximum share of the global sternal closure systems market due to increasing number of patients who are suffering from cardiovascular syndromes.

In terms of material, the titanium material division is projected to register the highest development rate in the coming years. In terms of material, the global sternal closure systems market is divided into titanium products, PEEK, and stainless steel. The titanium products division is projected to develop rapidly in the coming years. This can be accredited to the augmented market major stress on titanium products owing to the related benefits and economies-of-scale, increasing a number of medical research studies to assess the clinical effectiveness of these products in sternal closure.

Global Sternal Closure Systems Market: Regional Analysis

In terms of region, the global sternal closure systems market is classified into Europe, North America, and the Asia Pacific. APAC is anticipated to be the largest growing regional division in the global sternal closure systems market. Fast expansion in the healthcare spending in the up-coming Asian countries, increasing acceptance of developed sternum closure methods amongst cardiothoracic surgeons, huge patient inhabitants for target syndromes, rapidly increasing obese and geriatric population, and gradually localized tools manufacturing are the aspects projected to fuel the development of the market particularly in the APAC region.

Global Sternal Closure Systems Market: Competitive Players

Some of the most important market players in the global sterna closure systems market are IDEAR S.R.L., Zimmer Biomet Holdings, DePuy Synthes, A&E Medical, Orthofix International N.V., KLS Martin Group, Acute Innovations, ABYRX, Praesidia Srl, and Kinamed Incorporated, among others.

Global Sternal Closure Systems Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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