Press release
Sternal Closure Systems Market is estimated to be US$ 3.79 Billion by 2020 with a CAGR of 5.6% during the forecast period 2030 With Top Most Key Players - Pfizer, Kinamed Incorporated, Immunogen Inc., Seattle Genetics Inc., A&E Medical.
Sternal Closure Systems Market accounted for US$ 2.3 million in 2020 and is estimated to be US$ 3.79 billion by 2030 and is anticipated to register a CAGR of 5.6%. The Sternal Closure Systems are used in bilateral thoracosternotomy, median sternotomy and hemisternotomy. Median sternotomy has become popular in early 1960s and remains gold standard approach in cardiac procedures. Sternal Closure Systems are used in stabilization and fixation of fractures at anterior part of chest wall. Change in lifestyle, lack of exercise and unhealthy diet has become common cause of cardiovascular diseases. Newly developed technology in medical field in metropolitan cities has given rise to heart surgeries which has boosts the Sternal Closure Systems Market. As cardiac surgeries had become routine surgery, it is determined that annually around one million heart surgeries are performed worldwide. Rate of coronary heart diseases are high in United States of America. According to data published in 2018 about 500,000 open heart surgeries are performed each and every year in US. Thus, increase in heart surgeries and world population are boosts to the Sternal Closure Systems in market.To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Sternal-Closure-Systems-Market-4919
The report "Global Sternal Closure Systems Market, By Product (PEEK (Poly-Ether-Ether-ne), Stainless Steel, Titanium Products, and Others), By Application (Bilateral Thoracosternotomy, Median Sternotomy, Hemisternotomy and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030"
Key Highlights:
• In 2022, Evonik Venture Capital has invested in CircumFix Solutions, a Tennessee which is US based startup has developed a new sternal closure device made with high performance polymer which closes and stabilize the sternum after surgery.
• In 2019 (NIH), Use of new cannulated screws for primary sternal closure in high risk patients determined to be safe for the patients. The new cannulated screws were determined to be effective in stabilization, inexpensive, reproducible and causes no morbidity.
Analyst View:
Cardiovascular disease is growing around the world and due to better medical facilities and new advanced technology open heart surgeries are owing to increase. As a result, the increase in number of cardiac surgeries has expected to boosts the target market growth.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Global Sternal Closure Systems Market, By Product (PEEK (Poly-Ether-Ether-ne), Stainless Steel, Titanium Products, and Others), By Application (Bilateral Thoracosternotomy, Median Sternotomy, Hemisternotomy and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030"
Click To Get Sample Report:-
https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4919
Global Sternal Closure Systems Market, By Product:
• PEEK (Poly-Ether-Ether-ne)
• Stainless Steel
• Titanium Products
• Others
Global Sternal Closure Systems Market, By Application:
• Bilateral Thoracosternotomy
• Median Sternotomy
• Hemisternotomy
• Others
Key Market Insights from the report:
Global Sternal Closure Systems Market accounted for US$ 2.3 million in 2020 and is estimated to be US$ 3.79 billion by 2030 and is anticipated to register a CAGR of 5.6%. The Global Sternal Closure Systems Market is segmented based on Product, Application and Region.
• Based on Product, Global Sternal Closure Systems Market is segmented into PEEK (Poly-Ether-Ether-ne), Stainless Steel, Titanium Products, and others.
• Based on Application, Global Sternal Closure Systems Market is segmented into Bilateral Thoracosternotomy, Median Sternotomy, Hemisternotomy and others.
• By Region, the Global Sternal Closure Systems Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Competitive Landscape & their strategies of Global Sternal Closure Systems Market:
The prominent players operating in the Global Sternal Closure Systems Market includes, Kinamed Incorporated, Immunogen Inc., Seattle Genetics Inc., A&E Medical, Orthofix Holdings Inc., Takeda Pharmaceutical Company Limited, Zimmer Biomet Holdings Inc., Depuy Synthes, Pfizer Inc., Acute Innovations, KLS Martin Group, Hoffman-La Roche Ltd., Bayer Healthcare Pharmaceuticals, Novartis AG, etc.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
OTHER RELATED REPORTS:-
https://www.openpr.com/news/2374350/application-and-product-portfolio-analysis-during
https://www.openpr.com/news/2372458/subcutaneous-biologics-market-detailed-analysis-of-current
https://www.openpr.com/news/2372432/insulin-biosimilars-market-detailed-analysis-of-current
964 E. BadilloStreet #2042 Covina, CA 91724
US toll free: +1 860 531 2701
Rest of world: + 91 7775049802
Email:sales@prophecymarketinsights.com
Website:https://www.prophecymarketinsights.com
About Us:Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sternal Closure Systems Market is estimated to be US$ 3.79 Billion by 2020 with a CAGR of 5.6% during the forecast period 2030 With Top Most Key Players - Pfizer, Kinamed Incorporated, Immunogen Inc., Seattle Genetics Inc., A&E Medical. here
News-ID: 2770914 • Views: …
More Releases from Prophecy Market Insights

Power Purchase Agreement (PPA) Market Poised for Strong Growth Amid Rising Renew …
Author: Shweta R., Business Development Specialist | Prophecy Market Insights
Introduction
The Power Purchase Agreement (PPA) Market is experiencing remarkable momentum, driven by the global transition toward renewable energy, carbon reduction targets, and rising demand for cost-effective electricity procurement models.
PPAs-long-term contracts between electricity producers and buyers-are becoming a critical mechanism for corporations, utilities, and governments to achieve energy security, price stability, and sustainability commitments. With the accelerating deployment of solar, wind, and…

Nutraceutical Packaging Market to Witness Robust Growth Amid Rising Health and W …
Author: Shweta R., Business Development Specialist | Prophecy Market Insights
Introduction
The Nutraceutical Packaging Market is witnessing significant growth, fueled by rising consumer awareness around health, nutrition, and preventive healthcare. Nutraceuticals-ranging from dietary supplements and functional foods to vitamins, minerals, and herbal products-require specialized packaging that ensures shelf life, product integrity, safety, and consumer appeal.
With increasing demand for convenient, eco-friendly, and innovative packaging solutions, companies are investing in advanced materials, smart labeling,…

Japan Regulatory Affairs Outsourcing Market Set to Reach USD 0.4 Billion by 2035 …
Pune, India - September 5, 2025 - The Japan Regulatory Affairs Outsourcing Market is witnessing steady growth as pharmaceutical, biotechnology, and medical device companies increasingly rely on external partners for regulatory compliance. By 2035, the market is projected to reach USD 0.4 billion, rising from USD 0.3 billion in 2025, expanding at a CAGR of 7.71% during the forecast period.
Get a Sample Copy of Report :- https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/5849
This growing demand underscores…

Europe Regulatory Affairs Outsourcing Market to Reach USD 4.2 Billion by 2035, D …
Pune, India - September 2, 2025 - The Europe Regulatory Affairs Outsourcing Market is experiencing steady growth as pharmaceutical, biotechnology, and medical device companies increasingly rely on specialized partners for regulatory compliance. According to recent analysis, the market size was valued at USD 2.0 billion in 2025 and is projected to expand to USD 4.2 billion by 2035, registering a CAGR of 7.70% during the forecast period.
Get Sample Copy of…
More Releases for Sternal
Wire Cerclage Sternal Closure Systems: Enhancing Surgical Outcomes
Wire cerclage sternal closure systems are vital medical devices used in thoracic surgery, primarily for closing the sternum after procedures such as open-heart surgery. The sternum, or breastbone, is often split to provide surgeons with access to the heart and surrounding organs. After the operation, it must be securely closed to allow proper healing. Wire cerclage is a traditional technique involving stainless steel or titanium wires to bind the sternum…
Global Sternal Plate Market Research Report 2023-2029
Sternal Plate report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Sternal Plate market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Demand from Hospital and Ambulatory Surgery Center are the major drivers for the industry.
North America, Europe and Asia Pacific are the key…
Innovative Solutions in Sternal Closure Systems Propel Market Growth
The global sternal closure systems market is witnessing a significant surge in demand, driven by groundbreaking advancements in medical technology. Sternal closure systems play a crucial role in the post-operative recovery of patients undergoing cardiac surgeries, and the market is experiencing a notable upswing due to the rising incidence of cardiovascular diseases worldwide.
Request a Free Sample PDF of this Report:-https://www.infinitybusinessinsights.com/request_sample.php?id=1419272&Mode=SOM90
The latest market research indicates that the sternal closure systems market…
Sternal Closure Systems Market - Strength in Closure: Leading the Way in Sternal …
Newark, New Castle, USA: The "Sternal Closure Systems Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Sternal Closure Systems Market: https://www.growthplusreports.com/report/sternal-closure-systems-market/7822
This latest report researches the industry structure,…
Sternal Closure Systems Market to Remain Lucrative During 2018
This report studies the global Sternal Closure Systems market status and forecast, categorizes the global Sternal Closure Systems market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Download Sample Copy of this report @ https://www.xploremr.com/connectus/sample/1269
In 2017, the global Sternal Closure Systems market size was xx million US$ and it…
Sternal Retractor Market: Opportunities and Forecasts, 2016 - 2024
Sternal retractor is a rib separator. It is a surgical device specifically used and designed for rib and thoracic surgery. It is made of stainless steel. Sternal retractor is a rack and pinion surgical instrument used in the repair of congenital heart disease. Sternal retractor is used for cardiothoracic surgical procedures. It is most effectively used as a sternum separator allowing access to the surgical field and is uniquely designed…