Report Overview
Sternal closure devices are medical instruments used to secure the sternum after surgical procedures such as open-heart surgery. These devices are crucial in providing stability and support to the sternum during the healing process, reducing the risk of complications such as infection and sternal dehiscence. Sternal closure devices come in various forms, including wires, plates, and screws, and are designed to withstand the mechanical stresses placed on the sternum post-surgery. As the demand for cardiac surgeries continues to rise globally, the market for sternal closure devices is expected to grow significantly in the coming years.
The market for sternal closure devices is being primarily driven by the increasing prevalence of cardiovascular diseases, which has led to a rise in the number of cardiac surgeries being performed worldwide. In addition, advancements in surgical techniques and technologies have improved patient outcomes, leading to a higher demand for sternal closure devices that are effective and reliable. Moreover, the aging population and the growing adoption of minimally invasive cardiac procedures are further fueling the market growth for sternal closure devices. Companies in the healthcare sector are focusing on developing innovative sternal closure devices to cater to the evolving needs of surgeons and patients, thereby contributing to the expansion of the market.
Furthermore, the market for sternal closure devices is witnessing a shift towards biocompatible materials and ergonomic designs to enhance patient comfort and reduce the risk of post-operative complications. Technological advancements such as the development of bioresorbable sternal fixation systems are also driving market growth by offering patients a more comfortable and less invasive surgical experience. Additionally, the increasing healthcare expenditure in emerging economies and the rising awareness about the benefits of timely cardiac interventions are expected to create lucrative opportunities for players in the sternal closure devices market.
The global Sternal Closure Devices market size was estimated at USD 2439.38 million in 2024 and is projected to reach USD 3495.69 million by 2033, exhibiting a CAGR of 4.60% during the forecast period.
This report provides a deep insight into the global Sternal Closure Devices market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, PEST analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Sternal Closure Devices Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Sternal Closure Devices market in any manner.
Global Sternal Closure Devices Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
DePuy Synthes (US)
Zimmer Biomet Holdings (US)
A&E Medical (US)
KLS Martin Group (US)
Orthofix International N.V. (US)
ABYRX (US)
Acute Innovations (US)
Kinamed Incorporated (US)
Praesidia Srl (Italy)
IDEAR S.R.L. (Argentina)
Market Segmentation (by Type)
Wires
Plates & Screws
Clips
Cables
Market Segmentation (by Application)
Median Sternotomy
Hemisternotomy
Bilateral Thoracosternotomy
Geographic Segmentation
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Sternal Closure Devices Market
- Overview of the regional outlook of the Sternal Closure Devices Market:
- Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
- This enables you to anticipate market changes to remain ahead of your competitors
- You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
- The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
- Provision of market value data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Sternal Closure Devices Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region from the consumer side and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Sternal Closure Devices, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region during the forecast period.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment during the forecast period.
Chapter 13 is the main points and conclusions of the report.
Table of Contents 1 Research Methodology and Statistical Scope 1.1 Market Definition and Statistical Scope of Sternal Closure Devices 1.2 Key Market Segments 1.2.1 Sternal Closure Devices Segment by Type 1.2.2 Sternal Closure Devices Segment by Application 1.3 Methodology & Sources of Information 1.3.1 Research Methodology 1.3.2 Research Process 1.3.3 Market Breakdown and Data Triangulation 1.3.4 Base Year 1.3.5 Report Assumptions & Caveats 2 Sternal Closure Devices Market Overview 2.1 Global Market Overview 2.1.1 Global Sternal Closure Devices Market Size (M USD) Estimates and Forecasts (2020-2033) 2.1.2 Global Sternal Closure Devices Sales Estimates and Forecasts (2020-2033) 2.2 Market Segment Executive Summary 2.3 Global Market Size by Region 3 Sternal Closure Devices Market Competitive Landscape 3.1 Company Assessment Quadrant 3.2 Global Sternal Closure Devices Product Life Cycle 3.3 Global Sternal Closure Devices Sales by Manufacturers (2020-2025) 3.4 Global Sternal Closure Devices Revenue Market Share by Manufacturers (2020-2025) 3.5 Sternal Closure Devices Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 3.6 Global Sternal Closure Devices Average Price by Manufacturers (2020-2025) 3.7 Manufacturers Sternal Closure Devices Sales Sites, Area Served, Product Type 3.8 Sternal Closure Devices Market Competitive Situation and Trends 3.8.1 Sternal Closure Devices Market Concentration Rate 3.8.2 Global 5 and 10 Largest Sternal Closure Devices Players Market Share by Revenue 3.8.3 Mergers & Acquisitions, Expansion 4 Sternal Closure Devices Industry Chain Analysis 4.1 Sternal Closure Devices Industry Chain Analysis 4.2 Market Overview of Key Raw Materials 4.3 Midstream Market Analysis 4.4 Downstream Customer Analysis 5 The Development and Dynamics of Sternal Closure Devices Market 5.1 Key Development Trends 5.2 Driving Factors 5.3 Market Challenges 5.4 Market Restraints 5.5 Industry News 5.5.1 New Product Developments 5.5.2 Mergers & Acquisitions 5.5.3 Expansions 5.5.4 Collaboration/Supply Contracts 5.6 PEST Analysis 5.6.1 Industry Policies Analysis 5.6.2 Economic Environment Analysis 5.6.3 Social Environment Analysis 5.6.4 Technological Environment Analysis 5.7 Global Sternal Closure Devices Market Porter's Five Forces Analysis 5.7.1 Global Trade Frictions 5.7.2 Global Trade Frictions and Their Impacts to Sternal Closure Devices Market 5.8 ESG Ratings of Leading Companies 6 Sternal Closure Devices Market Segmentation by Type 6.1 Evaluation Matrix of Segment Market Development Potential (Type) 6.2 Global Sternal Closure Devices Sales Market Share by Type (2020-2025) 6.3 Global Sternal Closure Devices Market Size Market Share by Type (2020-2025) 6.4 Global Sternal Closure Devices Price by Type (2020-2025) 7 Sternal Closure Devices Market Segmentation by Application 7.1 Evaluation Matrix of Segment Market Development Potential (Application) 7.2 Global Sternal Closure Devices Market Sales by Application (2020-2025) 7.3 Global Sternal Closure Devices Market Size (M USD) by Application (2020-2025) 7.4 Global Sternal Closure Devices Sales Growth Rate by Application (2020-2025) 8 Sternal Closure Devices Market Sales by Region 8.1 Global Sternal Closure Devices Sales by Region 8.1.1 Global Sternal Closure Devices Sales by Region 8.1.2 Global Sternal Closure Devices Sales Market Share by Region 8.2 Global Sternal Closure Devices Market Size by Region 8.2.1 Global Sternal Closure Devices Market Size by Region 8.2.2 Global Sternal Closure Devices Market Size Market Share by Region 8.3 North America 8.3.1 North America Sternal Closure Devices Sales by Country 8.3.2 North America Sternal Closure Devices Market Size by Country 8.3.3 U.S. Market Overview 8.3.4 Canada Market Overview 8.3.5 Mexico Market Overview 8.4 Europe 8.4.1 Europe Sternal Closure Devices Sales by Country 8.4.2 Europe Sternal Closure Devices Market Size by Country 8.4.3 Germany Market Overview 8.4.4 France Market Overview 8.4.5 U.K. Market Overview 8.4.6 Italy Market Overview 8.4.7 Spain Market Overview 8.5 Asia Pacific 8.5.1 Asia Pacific Sternal Closure Devices Sales by Region 8.5.2 Asia Pacific Sternal Closure Devices Market Size by Region 8.5.3 China Market Overview 8.5.4 Japan Market Overview 8.5.5 South Korea Market Overview 8.5.6 India Market Overview 8.5.7 Southeast Asia Market Overview 8.6 South America 8.6.1 South America Sternal Closure Devices Sales by Country 8.6.2 South America Sternal Closure Devices Market Size by Country 8.6.3 Brazil Market Overview 8.6.4 Argentina Market Overview 8.6.5 Columbia Market Overview 8.7 Middle East and Africa 8.7.1 Middle East and Africa Sternal Closure Devices Sales by Region 8.7.2 Middle East and Africa Sternal Closure Devices Market Size by Region 8.7.3 Saudi Arabia Market Overview 8.7.4 UAE Market Overview 8.7.5 Egypt Market Overview 8.7.6 Nigeria Market Overview 8.7.7 South Africa Market Overview 9 Sternal Closure Devices Market Production by Region 9.1 Global Production of Sternal Closure Devices by Region(2020-2025) 9.2 Global Sternal Closure Devices Revenue Market Share by Region (2020-2025) 9.3 Global Sternal Closure Devices Production, Revenue, Price and Gross Margin (2020-2025) 9.4 North America Sternal Closure Devices Production 9.4.1 North America Sternal Closure Devices Production Growth Rate (2020-2025) 9.4.2 North America Sternal Closure Devices Production, Revenue, Price and Gross Margin (2020-2025) 9.5 Europe Sternal Closure Devices Production 9.5.1 Europe Sternal Closure Devices Production Growth Rate (2020-2025) 9.5.2 Europe Sternal Closure Devices Production, Revenue, Price and Gross Margin (2020-2025) 9.6 Japan Sternal Closure Devices Production (2020-2025) 9.6.1 Japan Sternal Closure Devices Production Growth Rate (2020-2025) 9.6.2 Japan Sternal Closure Devices Production, Revenue, Price and Gross Margin (2020-2025) 9.7 China Sternal Closure Devices Production (2020-2025) 9.7.1 China Sternal Closure Devices Production Growth Rate (2020-2025) 9.7.2 China Sternal Closure Devices Production, Revenue, Price and Gross Margin (2020-2025) 10 Key Companies Profile 10.1 DePuy Synthes (US) 10.1.1 DePuy Synthes (US) Basic Information 10.1.2 DePuy Synthes (US) Sternal Closure Devices Product Overview 10.1.3 DePuy Synthes (US) Sternal Closure Devices Product Market Performance 10.1.4 DePuy Synthes (US) Business Overview 10.1.5 DePuy Synthes (US) SWOT Analysis 10.1.6 DePuy Synthes (US) Recent Developments 10.2 Zimmer Biomet Holdings (US) 10.2.1 Zimmer Biomet Holdings (US) Basic Information 10.2.2 Zimmer Biomet Holdings (US) Sternal Closure Devices Product Overview 10.2.3 Zimmer Biomet Holdings (US) Sternal Closure Devices Product Market Performance 10.2.4 Zimmer Biomet Holdings (US) Business Overview 10.2.5 Zimmer Biomet Holdings (US) SWOT Analysis 10.2.6 Zimmer Biomet Holdings (US) Recent Developments 10.3 AandE Medical (US) 10.3.1 AandE Medical (US) Basic Information 10.3.2 AandE Medical (US) Sternal Closure Devices Product Overview 10.3.3 AandE Medical (US) Sternal Closure Devices Product Market Performance 10.3.4 AandE Medical (US) Business Overview 10.3.5 AandE Medical (US) SWOT Analysis 10.3.6 AandE Medical (US) Recent Developments 10.4 KLS Martin Group (US) 10.4.1 KLS Martin Group (US) Basic Information 10.4.2 KLS Martin Group (US) Sternal Closure Devices Product Overview 10.4.3 KLS Martin Group (US) Sternal Closure Devices Product Market Performance 10.4.4 KLS Martin Group (US) Business Overview 10.4.5 KLS Martin Group (US) Recent Developments 10.5 Orthofix International N.V. (US) 10.5.1 Orthofix International N.V. (US) Basic Information 10.5.2 Orthofix International N.V. (US) Sternal Closure Devices Product Overview 10.5.3 Orthofix International N.V. (US) Sternal Closure Devices Product Market Performance 10.5.4 Orthofix International N.V. (US) Business Overview 10.5.5 Orthofix International N.V. (US) Recent Developments 10.6 ABYRX (US) 10.6.1 ABYRX (US) Basic Information 10.6.2 ABYRX (US) Sternal Closure Devices Product Overview 10.6.3 ABYRX (US) Sternal Closure Devices Product Market Performance 10.6.4 ABYRX (US) Business Overview 10.6.5 ABYRX (US) Recent Developments 10.7 Acute Innovations (US) 10.7.1 Acute Innovations (US) Basic Information 10.7.2 Acute Innovations (US) Sternal Closure Devices Product Overview 10.7.3 Acute Innovations (US) Sternal Closure Devices Product Market Performance 10.7.4 Acute Innovations (US) Business Overview 10.7.5 Acute Innovations (US) Recent Developments 10.8 Kinamed Incorporated (US) 10.8.1 Kinamed Incorporated (US) Basic Information 10.8.2 Kinamed Incorporated (US) Sternal Closure Devices Product Overview 10.8.3 Kinamed Incorporated (US) Sternal Closure Devices Product Market Performance 10.8.4 Kinamed Incorporated (US) Business Overview 10.8.5 Kinamed Incorporated (US) Recent Developments 10.9 Praesidia Srl (Italy) 10.9.1 Praesidia Srl (Italy) Basic Information 10.9.2 Praesidia Srl (Italy) Sternal Closure Devices Product Overview 10.9.3 Praesidia Srl (Italy) Sternal Closure Devices Product Market Performance 10.9.4 Praesidia Srl (Italy) Business Overview 10.9.5 Praesidia Srl (Italy) Recent Developments 10.10 IDEAR S.R.L. (Argentina) 10.10.1 IDEAR S.R.L. (Argentina) Basic Information 10.10.2 IDEAR S.R.L. (Argentina) Sternal Closure Devices Product Overview 10.10.3 IDEAR S.R.L. (Argentina) Sternal Closure Devices Product Market Performance 10.10.4 IDEAR S.R.L. (Argentina) Business Overview 10.10.5 IDEAR S.R.L. (Argentina) Recent Developments 11 Sternal Closure Devices Market Forecast by Region 11.1 Global Sternal Closure Devices Market Size Forecast 11.2 Global Sternal Closure Devices Market Forecast by Region 11.2.1 North America Market Size Forecast by Country 11.2.2 Europe Sternal Closure Devices Market Size Forecast by Country 11.2.3 Asia Pacific Sternal Closure Devices Market Size Forecast by Region 11.2.4 South America Sternal Closure Devices Market Size Forecast by Country 11.2.5 Middle East and Africa Forecasted Sales of Sternal Closure Devices by Country 12 Forecast Market by Type and by Application (2026-2033) 12.1 Global Sternal Closure Devices Market Forecast by Type (2026-2033) 12.1.1 Global Forecasted Sales of Sternal Closure Devices by Type (2026-2033) 12.1.2 Global Sternal Closure Devices Market Size Forecast by Type (2026-2033) 12.1.3 Global Forecasted Price of Sternal Closure Devices by Type (2026-2033) 12.2 Global Sternal Closure Devices Market Forecast by Application (2026-2033) 12.2.1 Global Sternal Closure Devices Sales (K Units) Forecast by Application 12.2.2 Global Sternal Closure Devices Market Size (M USD) Forecast by Application (2026-2033) 13 Conclusion and Key Findings
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