Sternal Closure Systems Market: Growth Projection, Trends, and Key Players 2024-2031

Sternal Closure Systems Market Size

The Global Sternal Closure Systems Market size was valued at USD 2,295.25 Million in 2022 and is estimated to reach USD 3,446.26 Million by 2031, growing at a CAGR of 5.3% during the forecast period 2024-2031

Sternal closure systems are medical devices employed to secure the sternum (breastbone) following a median sternotomy, a surgical procedure that involves splitting open the sternum for access to the thorax. Typically comprising metallic plates, wires, or sutures, these systems are utilized to firmly fasten the divided sections of the sternum. The primary objective of sternal closure systems is to ensure stability and support during the healing phase, thereby mitigating potential complications such as infection, wound separation, or chest instability.

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Sternal Closure Systems MarketTrends

The market growth for sternal closure systems is driven by an escalating burden of cardiac disorders worldwide. The increasing frequency of cardiac surgeries, such as coronary artery bypass grafting and valve replacements, fuels the demand for these systems. Cardiovascular disease (CVD) stands as the leading cause of mortality globally, with conditions like ischemic heart disease (IHD) and stroke contributing significantly to disability.

Heart failure (HF) poses a considerable healthcare concern, with projections indicating that over eight million Americans will be affected by 2030. The incidence of HF rises with age, affecting approximately 20 per 1,000 people aged 65 to 69 and more than 80 per 1,000 people aged 85 and older. Valvular heart disease, hypertension, and ischemic heart disease are among the primary causes of HF.

Furthermore, rheumatic heart disease (RHD) remains a prominent etiological factor for valve heart disease (VHD) globally, while degenerative valve disease predominates in developed nations. The prevalence of VHD increases with age, affecting 0.7% of individuals under 45 years and up to 13% of those over 75 years. Additionally, cardiovascular diseases (CVDs) significantly impact women, with CVD remaining the leading cause of morbidity and mortality among women despite advancements in cardiovascular care.

The incidence and prevalence of CVDs are on the rise in several African nations due to urbanization and lifestyle changes, leading to a rapid epidemiological transition. This underscores the growing need for effective cardiac treatments and interventions, including sternal closure systems, to address the escalating burden of cardiac disorders globally.

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Industry Segmentation

By Product Type
Bone cement
Closure devices

By Procedure
Median Sternotomy
Hemisternotomy
Bilateral Thoracosternotomy

By Material
Stainless Steel
Titanium
Others

Market Key Players

Major players are Depuy Synthes (Johnson & Johnson), Zimmer Biomet Holdings, KLS Martin Group, Acute Innovations, JACE Medical, LLC., Stryker, Idear S.R.L, Praesidia SRL, Kinamed Incorporated, and B. Braun.



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