|
Forecast
Period
|
2025-2029
|
|
Market
Size (2023)
|
USD
2.67 Billion
|
|
Market
Size (2029)
|
USD
3.72 Billion
|
|
CAGR
(2024-2029)
|
5.62%
|
|
Fastest
Growing Segment
|
Closure
Devices
|
|
Largest
Market
|
North
America
|
Market Overview
Global
Sternal Closure Systems Market was valued at USD 2.76 billion in 2023 and will see an steady growth in the forecast period at a CAGR of 5.62% to 2029.
Sternal closure systems are medical
devices designed to facilitate the closure of the sternum, the central bone in
the chest, following surgical procedures, particularly cardiac and thoracic
surgeries. The sternum, or breastbone, is a long flat bone located in the
center of the chest and serves as an important structural support for the rib
cage. During cardiac surgeries such as coronary artery bypass grafting (CABG),
valve replacement or repair, and thoracic surgeries including lung surgeries,
it is often necessary to make an incision in the sternum to access the heart or
thoracic cavity. Following the completion of the surgical procedure, the
sternum must be securely closed to promote healing, stabilize the chest wall,
and protect vital structures within the chest. The choice of sternal closure system depends on various
factors, including the type of surgery, the patient's medical condition,
surgeon preference, and advancements in surgical techniques. Surgeons strive to
achieve stable and secure sternal closure to minimize the risk of complications
such as sternal dehiscence (separation of the sternal edges), mediastinitis
(infection of the mediastinum), and impaired healing. There has been a shift
towards minimally invasive surgical techniques in cardiac and thoracic
surgeries. Minimally invasive approaches involve smaller incisions and reduced
tissue trauma compared to traditional open surgeries. Consequently, there has
been innovation in sternal closure systems to accommodate these minimally
invasive techniques, with the development of specialized closure devices and
techniques designed to promote optimal sternal healing while minimizing
surgical trauma.
Technological
advancements in surgical techniques, including minimally invasive procedures,
have expanded the indications for sternal closure systems. Minimally invasive
approaches require specialized closure systems designed to accommodate smaller
incisions and reduced tissue trauma, driving innovation and adoption in the
market. The aging population worldwide contributes to the increasing demand for
cardiac surgeries and sternal closure procedures. As individuals age, they are
more likely to develop cardiovascular diseases and require surgical
interventions, driving the growth of the sternal closure systems market. Healthcare
providers are increasingly focused on improving patient safety, surgical
outcomes, and quality of care. Secure sternal closure is essential for
minimizing the risk of post-operative complications such as sternal dehiscence
and mediastinitis, leading to the widespread adoption of sternal closure
systems.
Key Market Drivers
Advancements in Surgical
Techniques
Advancements
in surgical techniques have led to the widespread adoption of minimally
invasive procedures for various cardiac and thoracic surgeries. Minimally
invasive approaches typically involve smaller incisions and reduced tissue
trauma compared to traditional open surgeries. As a result, there is a growing
demand for sternal closure systems that are specifically designed to
accommodate these minimally invasive techniques. Minimally invasive surgical
techniques require specialized sternal closure systems that are flexible, easy
to use, and capable of providing secure closure while minimizing tissue trauma.
These closure systems may include innovative designs, such as sutures, clips,
or sternal plates, that offer enhanced stability and support during the healing
process. Minimally invasive procedures are associated with a lower risk of
post-operative complications, such as sternal dehiscence and mediastinitis,
compared to traditional open surgeries. Secure sternal closure is essential for
preventing these complications and promoting optimal healing following cardiac
and thoracic surgeries. Advancements in surgical techniques, coupled with the
use of specialized sternal closure systems, contribute to improved patient
outcomes. Minimally invasive approaches are associated with shorter hospital
stays, faster recovery times, reduced post-operative pain, and improved
cosmetic results compared to traditional open surgeries. These benefits enhance
patient satisfaction and quality of life.
Surgeons
prefer to use sternal closure systems that are compatible with minimally
invasive techniques and offer reliable performance. Advanced closure systems
that facilitate secure sternal closure and minimize the risk of complications
provide surgeons with greater confidence during surgical procedures. Advancements
in technology drive innovation in sternal closure systems, leading to the
development of new materials, designs, and techniques. Manufacturers
continually invest in research and development to improve the effectiveness,
safety, and usability of sternal closure systems, aligning with the evolving
needs of surgeons and patients. As patients and healthcare providers
increasingly recognize the benefits of minimally invasive procedures, there is
a growing demand for sternal closure systems that support these techniques.
Manufacturers respond to market demand by developing specialized closure
systems that address the unique requirements of minimally invasive surgeries.
This factor will help in the development of the Global Sternal Closure Systems
Market.
Growing Aging Population
As
individuals age, they are more susceptible to cardiovascular diseases such as
coronary artery disease, valvular heart disease, and congestive heart failure.
These conditions often require surgical interventions, including cardiac
procedures that involve sternotomy and sternal closure. The increasing
prevalence of cardiovascular diseases among the aging population drives the
demand for sternal closure systems. The aging population experiences a higher
incidence of cardiac conditions that necessitate surgical treatment. As a
result, there is a greater need for cardiac surgeries such as coronary artery
bypass grafting (CABG), valve repair or replacement, and aortic surgeries, all
of which require sternal closure. The growing aging population contributes to
the rising demand for sternal closure systems to support these surgical
procedures. Older patients often present with multiple comorbidities and
complex medical histories, which may increase the complexity of surgical cases.
Surgeons may encounter challenges related to sternal closure in older patients,
including compromised sternal integrity, reduced bone quality, and increased
risk of post-operative complications. The demand for sternal closure systems
capable of addressing these challenges is driven by the aging population's need
for cardiac surgeries.
Advances
in healthcare, medical technology, and disease management have led to prolonged
life expectancy globally. As individuals live longer, they are more likely to
develop age-related cardiovascular conditions that require surgical treatment.
The increasing life expectancy of the aging population contributes to the
sustained demand for sternal closure systems over time. Older adults are
increasingly focused on maintaining their quality of life and participating in
activities that enhance their well-being. Cardiac surgeries, including those
requiring sternal closure, can improve quality of life by alleviating symptoms,
restoring cardiac function, and prolonging life expectancy. The demand for
sternal closure systems reflects the aging population's desire to preserve and
improve their quality of life through surgical interventions. Healthcare
systems worldwide must adapt to the needs of an aging population by investing
in infrastructure, resources, and specialized care services. This includes the
availability of cardiac surgical facilities, trained healthcare professionals,
and access to sternal closure systems that meet the unique needs of older
patients undergoing cardiac surgeries. This factor will pace up the demand of
the Global Sternal Closure Systems Market.
Emerging Markets and Economic
Development
Economic
development in emerging markets often leads to higher healthcare expenditure as
governments and individuals allocate more resources to healthcare
infrastructure, services, and technologies. Increased healthcare spending
supports the expansion of cardiac care facilities, the adoption of advanced
medical technologies, and the demand for sternal closure systems to support
cardiac surgeries. Economic development facilitates the development and
improvement of healthcare infrastructure in emerging markets. This includes the
establishment of specialized cardiac care centers, hospitals, and surgical
facilities equipped with the latest medical equipment and technologies required
for cardiac procedures, including sternal closure systems. Emerging markets are
experiencing a growing burden of cardiovascular diseases due to factors such as
urbanization, changing lifestyles, and aging populations. The increasing
prevalence of cardiovascular diseases drives the demand for cardiac surgeries,
including those requiring sternal closure, in emerging markets. Economic
development enables emerging markets to gain access to advanced medical
technologies and innovations, including sternal closure systems. As healthcare
infrastructure improves and healthcare providers receive training on the latest
surgical techniques and technologies, the adoption of sternal closure systems
increases to enhance patient outcomes and safety.
Economic
development is often accompanied by an increased demand for quality healthcare
services among the population in emerging markets. Patients seek access to
advanced medical treatments, including cardiac surgeries, to address their
healthcare needs and improve their quality of life. The demand for sternal
closure systems is driven by the growing expectations for safe, effective, and
reliable cardiac procedures. Governments in emerging markets may implement
healthcare initiatives and policies aimed at improving access to healthcare
services, reducing the burden of disease, and enhancing healthcare outcomes.
These initiatives may include subsidies, incentives, and regulations that
promote the adoption of advanced medical technologies, including sternal
closure systems, in cardiac care. Recognizing the growth potential in emerging
markets, manufacturers of sternal closure systems are expanding their presence
and distribution networks in these regions. They may tailor their products and
pricing strategies to meet the needs and preferences of healthcare providers
and patients in emerging markets, driving market growth and penetration. This
factor will accelerate the demand of the Global Sternal Closure Systems Market.
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Key Market Challenges
Market Saturation and
Competition
The
market for sternal closure systems is highly competitive, with numerous
manufacturers vying for market share. Intense competition leads to price
pressure and the need for differentiation through product innovation, quality
improvement, and service offerings. In some segments of the market, sternal
closure systems may become commoditized, with little differentiation among
products in terms of features and functionality. This can lead to price-based
competition, eroding profit margins for manufacturers and distributors. Larger
companies may engage in consolidation strategies, such as mergers and
acquisitions, to gain market dominance and competitive advantage. This
consolidation can create barriers to entry for smaller players and limit choice
for consumers. Accessing international markets requires navigating complex
regulatory frameworks, cultural differences, and varying reimbursement systems.
Manufacturers must adapt their strategies to meet the unique requirements of
each market while remaining competitive on a global scale. Building and
maintaining strong customer relationships is critical in a competitive market
environment. Manufacturers must focus on delivering value-added services,
fostering loyalty, and differentiating themselves based on customer
satisfaction and support.
Risk of Adverse Events
Adverse
events related to sternal closure systems can compromise patient safety and
result in serious complications such as sternal dehiscence, mediastinitis, and
wound infections. Ensuring the safety and well-being of patients undergoing
cardiac and thoracic surgeries is a primary concern for healthcare providers
and manufacturers alike. Poor sternal closure techniques or inadequate sternal
fixation can lead to post-operative complications, prolong hospital stays, and
increase healthcare costs. Adverse events may necessitate additional medical
interventions, including surgical revisions, antibiotic therapy, and wound care
management, further burdening patients and healthcare systems. Maintaining
quality control and assurance throughout the manufacturing process is essential
for minimizing the risk of adverse events associated with sternal closure
systems. Manufacturers must adhere to strict quality standards, conduct
comprehensive testing, and implement robust quality management systems to
ensure product safety and efficacy. Regulatory authorities impose stringent
requirements and standards to ensure the safety, effectiveness, and quality of
medical devices, including sternal closure systems. Compliance with regulatory
guidelines is necessary to obtain market approval and maintain patient trust in
the safety and reliability of sternal closure products. Proper training and
expertise are essential for surgeons performing sternal closure procedures.
Inadequate surgical technique or lack of proficiency in sternal closure methods
can increase the risk of adverse events and compromise patient outcomes.
Continuous education and training programs help ensure that healthcare
professionals possess the necessary skills and knowledge to perform sternal
closure procedures safely and effectively.
Key Market Trends
Increasing Demand for
Minimally Invasive Procedures
Patients
often prefer minimally invasive procedures due to perceived benefits such as
smaller incisions, reduced post-operative pain, shorter recovery times, and
improved cosmetic outcomes compared to traditional open surgeries. The desire
for less invasive treatment options drives the demand for sternal closure
systems compatible with minimally invasive approaches. Technological
advancements and innovations in surgical techniques have expanded the scope of
minimally invasive procedures across various medical specialties, including
cardiac and thoracic surgery. Surgeons now have access to advanced
instrumentation, imaging technologies, and surgical tools that enable them to
perform complex procedures through smaller incisions with greater precision and
efficiency. Minimally invasive procedures minimize tissue trauma and disruption
compared to traditional open surgeries, leading to faster recovery times and
reduced post-operative complications. Sternal closure systems designed for
minimally invasive approaches help maintain sternal stability while facilitating
optimal healing and recovery following cardiac and thoracic surgeries. Minimally
invasive techniques are associated with improved patient outcomes, including
lower rates of wound infections, reduced hospital stays, and faster return to
normal activities. The adoption of sternal closure systems tailored to
minimally invasive procedures contribute to enhanced patient satisfaction,
reduced healthcare costs, and improved overall healthcare quality. Minimally
invasive approaches are increasingly utilized for a wide range of cardiac and
thoracic procedures, including coronary artery bypass grafting (CABG), valve
repair or replacement, atrial fibrillation surgery, and thoracic surgeries. As
surgeons gain experience and confidence in performing minimally invasive
procedures, the demand for sternal closure systems compatible with these
techniques continues to grow.
Segmental Insights
Product Insights
The closure devices segment is projected to experience rapid growth in the Global Sternal
Closure Systems Market during the forecast period. There is a growing trend
towards minimally invasive cardiac surgeries and thoracic procedures, which
require specialized closure devices suitable for smaller incisions and reduced
tissue trauma. Closure devices designed for minimally invasive approaches offer
benefits such as faster recovery times, shorter hospital stays, and improved
cosmetic outcomes, driving their adoption in clinical practice. The rising
incidence of cardiovascular diseases, including coronary artery disease,
congestive heart failure, and valvular heart disease, contributes to the
growing demand for cardiac surgeries that require sternal closure. As the
prevalence of these conditions continues to increase, particularly among aging
populations, the need for effective closure devices rises accordingly. Healthcare
providers are increasingly prioritizing patient safety, surgical outcomes, and
quality of care. Closure devices play a critical role in achieving secure
sternal closure, minimizing the risk of complications such as sternal
dehiscence and mediastinitis, and promoting optimal healing following cardiac
and thoracic surgeries.
Procedure Insights
The median sternotomy segment is projected to experience rapid growth in the Global
Sternal Closure Systems Market during the forecast period. Median sternotomy,
which involves a vertical incision through the sternum, is a common approach
for many cardiac surgeries. As minimally invasive techniques continue to gain
popularity, particularly for procedures like minimally invasive coronary artery
bypass grafting (CABG) and valve surgeries, the demand for sternal closure
systems suitable for median sternotomy procedures is expected to rise. Technological
advancements have led to the development of new surgical techniques that allow
for smaller incisions and reduced trauma to the sternum. These techniques often
require specialized sternal closure systems designed to provide adequate
stability and support while accommodating the unique requirements of minimally
invasive procedures. Minimally invasive approaches offer several potential
benefits to patients, including shorter recovery times, reduced post-operative
pain, and improved cosmetic outcomes compared to traditional open surgeries. As
healthcare providers prioritize patient-centered care and strive to optimize
surgical outcomes, there is growing interest in adopting techniques that
minimize surgical trauma and enhance patient recovery. The indications for
median sternotomy procedures continue to expand beyond traditional cardiac
surgeries to include procedures such as thoracic surgeries, aortic surgeries,
and certain oncological interventions. This broader range of applications
increases the demand for sternal closure systems capable of accommodating
diverse surgical techniques and patient populations.
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Regional Insights
North
America emerged as the dominant region in the Global Sternal Closure Systems Market
in 2023. North America
boasts a highly developed healthcare infrastructure with state-of-the-art
medical facilities, advanced technologies, and skilled healthcare
professionals. This enables the region to offer sophisticated cardiac surgical
procedures, including sternal closure systems, with high standards of quality
and safety. North America has a relatively high prevalence of cardiovascular
diseases, including coronary artery disease, which necessitates a significant
number of cardiac surgeries such as coronary artery bypass grafting (CABG). As
a result, there is a substantial demand for sternal closure systems in the
region to support these procedures. The region is a hub for medical device
innovation, with numerous companies investing in research and development to
enhance the effectiveness and safety of sternal closure systems. The continuous
introduction of technologically advanced products contributes to the growth of
the market in North America. North America has stringent regulatory standards
and approval processes enforced by regulatory bodies such as the Food and Drug
Administration (FDA) in the United States and Health Canada. While navigating
these regulatory requirements can be challenging for manufacturers, they help
ensure the safety and efficacy of sternal closure systems, thereby instilling
confidence among healthcare providers and patients.
Recent Developments
- In
January 2023, Able Medical Devices, a subsidiary of JM Longyear, launched its
new stainless-steel Valkyrie Looped Sternotomy Sutures. These sutures are
specifically designed for closing a patient's chest following open-heart
surgery, providing a stronger sternal closure compared to conventional wire
sutures. Offering double the surface area of single wires, the Valkyrie sutures
come in 14-inch lengths and are available in sizes of 48mm and 55mm. Moreover,
they can be equipped with three distinct needle configurations to suit
different surgical requirements.
Key Market Players
- Zimmer
Biomet
- Medical Devices Business Services, Inc. (Johnson & Johnson)
- KLS Martin SE & Co. KG
- Acumed LLC
- IDEAR S.R.L
- Kinamed Incorporated
- JACE Medical, LLC
- B. Braun SE
|
By
Product
|
By
Procedure
|
By
Material
|
By
Region
|
- Closure
Devices
- Bone
Cement
|
- Median
Sternotomy
- Hemisternotomy
- Bilateral
Thoracosternotomy
|
- Stainless
Steel
- PEEK
- Titanium
- Others
|
- North
America
- Europe
- Asia-Pacific
- South
America
- Middle
East & Africa
|
Report Scope:
In this report, the Global Sternal Closure Systems
Market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- Sternal
Closure Systems Market, By
Product:
o Closure Devices
o Bone Cement
- Sternal
Closure Systems Market, By
Procedure:
o Median Sternotomy
o Hemisternotomy
o Bilateral Thoracosternotomy
- Sternal
Closure Systems Market, By
Material:
o Stainless Steel
o PEEK
o Titanium
o Others
- Sternal Closure Systems Market, By Region:
o North America
§ United States
§ Canada
§ Mexico
o Europe
§ Germany
§ United Kingdom
§ France
§ Italy
§ Spain
o Asia-Pacific
§ China
§ Japan
§ India
§ Australia
§ South Korea
o South America
§ Brazil
§ Argentina
§ Colombia
o Middle East & Africa
§ South Africa
§ Saudi Arabia
§ UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Sternal
Closure Systems Market.
Available Customizations:
Global Sternal Closure Systems market report
with the given market data, Tech Sci Research offers customizations according
to a company's specific needs. The following customization options are
available for the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
Global Sternal Closure Systems Market is an
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