Product Code: ETC6191968 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The sternal closure systems market involves devices used to close the sternum after open-heart surgery, ensuring stability and promoting healing. Market growth in Australia is linked to the prevalence of cardiovascular surgeries and advances in minimally invasive techniques. The adoption of advanced closure systems made of biocompatible materials that reduce infection risks and improve patient outcomes is increasing. Surgeons preference for innovative, secure closure devices supports the markets expansion.
The sternal closure systems market in Australia is innovating towards minimally invasive and patient-customized solutions to improve post-operative outcomes. Trends include the development of bioresorbable materials and enhanced fixation technologies that reduce complications such as infections and non-union. Surgeons are favoring systems that allow faster recovery and reduced pain, while regulatory focus on safety and biocompatibility continues to shape product development.
The sternal closure systems market in Australia is challenged by the need to innovate materials and designs that provide improved patient outcomes, such as reduced infection rates and enhanced healing, while meeting stringent regulatory approvals. Cost pressures limit adoption of newer, advanced closure systems compared to traditional methods. Clinical acceptance requires robust clinical data and surgeon education to shift preference towards novel systems. Furthermore, the market contends with competition from imported products and the need to balance biocompatibility, mechanical strength, and ease of use in device design.
The sternal closure systems market presents promising investment prospects driven by the growing volume of cardiac surgeries and the need for reliable postoperative outcomes. Opportunities exist in designing and manufacturing advanced closure devices that enhance patient recovery and reduce complications. Investment in R&D for bioabsorbable materials, minimally invasive delivery systems, and customizable closure solutions can meet evolving surgeon and patient demands.
Australias government policies regulate sternal closure systems as critical medical devices requiring stringent evaluation before market approval. The TGA mandates clinical evidence demonstrating safety and effectiveness, as well as compliance with device manufacturing standards. Policies also govern post-market surveillance and adverse event reporting to ensure ongoing patient safety and device performance in cardiac surgeries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Sternal Closure Systems Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Sternal Closure Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Sternal Closure Systems Market - Industry Life Cycle |
3.4 Australia Sternal Closure Systems Market - Porter's Five Forces |
3.5 Australia Sternal Closure Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Sternal Closure Systems Market Revenues & Volume Share, By Procedure, 2021 & 2031F |
3.7 Australia Sternal Closure Systems Market Revenues & Volume Share, By Fixation Techniques, 2021 & 2031F |
3.8 Australia Sternal Closure Systems Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.9 Australia Sternal Closure Systems Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Australia Sternal Closure Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Sternal Closure Systems Market Trends |
6 Australia Sternal Closure Systems Market, By Types |
6.1 Australia Sternal Closure Systems Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Sternal Closure Systems Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Sternal Closure Systems Market Revenues & Volume, By Closure Devices, 2021- 2031F |
6.1.4 Australia Sternal Closure Systems Market Revenues & Volume, By Bone Cement, 2021- 2031F |
6.2 Australia Sternal Closure Systems Market, By Procedure |
6.2.1 Overview and Analysis |
6.2.2 Australia Sternal Closure Systems Market Revenues & Volume, By Median Sternotomy, 2021- 2031F |
6.2.3 Australia Sternal Closure Systems Market Revenues & Volume, By Hemisternotomy, 2021- 2031F |
6.2.4 Australia Sternal Closure Systems Market Revenues & Volume, By Bilateral Thoracosternotomy, 2021- 2031F |
6.3 Australia Sternal Closure Systems Market, By Fixation Techniques |
6.3.1 Overview and Analysis |
6.3.2 Australia Sternal Closure Systems Market Revenues & Volume, By Wiring Fixation Techniques, 2021- 2031F |
6.3.3 Australia Sternal Closure Systems Market Revenues & Volume, By Plate-Screw Systems, 2021- 2031F |
6.3.4 Australia Sternal Closure Systems Market Revenues & Volume, By Interlocking Systems, 2021- 2031F |
6.3.5 Australia Sternal Closure Systems Market Revenues & Volume, By Cementing, 2021- 2031F |
6.3.6 Australia Sternal Closure Systems Market Revenues & Volume, By Vacuum Assisted Closure, 2021- 2031F |
6.4 Australia Sternal Closure Systems Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Australia Sternal Closure Systems Market Revenues & Volume, By Stainless Steel, 2021- 2031F |
6.4.3 Australia Sternal Closure Systems Market Revenues & Volume, By PEEK, 2021- 2031F |
6.4.4 Australia Sternal Closure Systems Market Revenues & Volume, By Titanium, 2021- 2031F |
6.4.5 Australia Sternal Closure Systems Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Australia Sternal Closure Systems Market, By End Users |
6.5.1 Overview and Analysis |
6.5.2 Australia Sternal Closure Systems Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.5.3 Australia Sternal Closure Systems Market Revenues & Volume, By Specialized Surgical Centres, 2021- 2031F |
7 Australia Sternal Closure Systems Market Import-Export Trade Statistics |
7.1 Australia Sternal Closure Systems Market Export to Major Countries |
7.2 Australia Sternal Closure Systems Market Imports from Major Countries |
8 Australia Sternal Closure Systems Market Key Performance Indicators |
9 Australia Sternal Closure Systems Market - Opportunity Assessment |
9.1 Australia Sternal Closure Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Sternal Closure Systems Market Opportunity Assessment, By Procedure, 2021 & 2031F |
9.3 Australia Sternal Closure Systems Market Opportunity Assessment, By Fixation Techniques, 2021 & 2031F |
9.4 Australia Sternal Closure Systems Market Opportunity Assessment, By Material, 2021 & 2031F |
9.5 Australia Sternal Closure Systems Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Australia Sternal Closure Systems Market - Competitive Landscape |
10.1 Australia Sternal Closure Systems Market Revenue Share, By Companies, 2024 |
10.2 Australia Sternal Closure Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |