Product Code: ETC13193300 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Sternal Closure Systems Market was valued at USD 0.46 Billion in 2024 and is expected to reach USD 0.67 Billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).
The Global Sternal Closure Systems Market is experiencing steady growth due to the increasing prevalence of cardiovascular diseases, rising number of cardiac surgeries, and advancements in surgical techniques. Sternal closure systems are crucial in ensuring proper healing and stability of the sternum post-cardiac surgery. Key market players are focusing on developing innovative closure systems that offer improved patient outcomes and reduced post-operative complications. North America currently dominates the market, followed by Europe and Asia Pacific. However, the Asia Pacific region is expected to witness significant growth in the coming years due to the increasing adoption of advanced healthcare technologies and rising healthcare infrastructure. Overall, the Global Sternal Closure Systems Market is projected to continue expanding with the growing demand for minimally invasive surgical procedures and the aging population worldwide.
The Global Sternal Closure Systems Market is experiencing growth driven by the increasing number of cardiac surgeries worldwide. Key trends in the market include the rising adoption of minimally invasive procedures, technological advancements in closure systems offering better patient outcomes, and the focus on reducing post-operative complications. Opportunities in the market lie in the development of innovative products with enhanced safety and efficacy, catering to the growing demand for advanced sternal closure solutions. Additionally, the increasing prevalence of cardiovascular diseases and the aging population are expected to further boost market growth. Market players can capitalize on these trends by investing in research and development to introduce novel products and expanding their presence in emerging markets with a high demand for cardiac surgeries.
The Global Sternal Closure Systems Market faces several challenges, including intense competition among key market players leading to pricing pressures and the need for continuous innovation to stay ahead. Additionally, stringent regulations and requirements for product approvals can hinder market growth and expansion. Limited awareness about advanced sternal closure techniques and products in certain regions also poses a challenge in market penetration. Moreover, the high cost associated with these systems can be a barrier for healthcare facilities, especially in developing countries, impacting market adoption rates. Overall, navigating through these challenges requires strategic planning, strong market positioning, and a deep understanding of evolving customer needs and preferences.
The Global Sternal Closure Systems Market is primarily driven by an increasing number of cardiac surgeries worldwide, particularly due to the rising prevalence of heart diseases. The growing aging population, along with the higher adoption of minimally invasive cardiac procedures, is also fueling the demand for sternal closure systems. Technological advancements in healthcare, such as the development of innovative closure devices that offer better stability and reduced risk of post-operative complications, are further contributing to market growth. Additionally, the rising healthcare expenditure, improving healthcare infrastructure, and increasing awareness about advanced cardiac treatments are key factors driving the market for sternal closure systems globally.
Government policies related to the Global Sternal Closure Systems Market primarily focus on ensuring the safety, efficacy, and quality of medical devices. Regulatory bodies such as the FDA in the United States and the European Medicines Agency (EMA) in the EU set standards for product approval, labeling requirements, and post-market surveillance to safeguard patient health. These policies seek to promote innovation while also mitigating risks associated with medical devices, including sternal closure systems. Compliance with Good Manufacturing Practices (GMP) and Medical Device Regulation (MDR) guidelines is crucial for market access, with stringent monitoring and enforcement mechanisms in place to uphold industry standards and ensure patient safety. Adherence to these regulations is essential for manufacturers operating in the sternal closure systems market to maintain market credibility and meet regulatory requirements.
The Global Sternal Closure Systems Market is expected to witness steady growth in the coming years due to the increasing number of cardiac surgeries and the rising prevalence of cardiovascular diseases worldwide. Technological advancements in sternal closure systems, such as the development of innovative materials and designs that enhance patient outcomes and reduce the risk of post-operative complications, are anticipated to drive market expansion. Additionally, the growing geriatric population and the rising adoption of minimally invasive surgical procedures are likely to contribute to market growth. However, pricing pressures and regulatory challenges may pose some constraints on market development. Overall, the Global Sternal Closure Systems Market is projected to experience a positive trajectory in the foreseeable future.
In the Global Sternal Closure Systems Market, each region offers unique insights. Asia is expected to witness significant growth due to the increasing number of cardiac surgeries and rising healthcare infrastructure. North America dominates the market with advanced healthcare facilities and high adoption of innovative medical technologies. Europe is experiencing steady growth driven by the aging population and increasing prevalence of cardiovascular diseases. The Middle East and Africa region is emerging with improving healthcare facilities and rising awareness about sternotomy procedures. Latin America is poised for growth due to the expanding healthcare sector and the growing demand for advanced medical devices. Overall, the global sternal closure systems market is projected to grow steadily across all regions, driven by technological advancements and increasing prevalence of cardiac diseases.
Global Sternal Closure Systems Market |
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 Global Sternal Closure Systems Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Sternal Closure Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Global Sternal Closure Systems Market - Industry Life Cycle |
3.4 Global Sternal Closure Systems Market - Porter's Five Forces |
3.5 Global Sternal Closure Systems Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Sternal Closure Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Sternal Closure Systems Market Revenues & Volume Share, By Procedure, 2021 & 2031F |
3.8 Global Sternal Closure Systems Market Revenues & Volume Share, By Fixation Techniques, 2021 & 2031F |
3.9 Global Sternal Closure Systems Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.10 Global Sternal Closure Systems Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Global Sternal Closure Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Sternal Closure Systems Market Trends |
6 Global Sternal Closure Systems Market, 2021 - 2031 |
6.1 Global Sternal Closure Systems Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Sternal Closure Systems Market, Revenues & Volume, By Closure Devices, 2021 - 2031 |
6.1.3 Global Sternal Closure Systems Market, Revenues & Volume, By Bone Cement, 2021 - 2031 |
6.2 Global Sternal Closure Systems Market, Revenues & Volume, By Procedure, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Sternal Closure Systems Market, Revenues & Volume, By Median Sternotomy, 2021 - 2031 |
6.2.3 Global Sternal Closure Systems Market, Revenues & Volume, By Hemisternotomy, 2021 - 2031 |
6.2.4 Global Sternal Closure Systems Market, Revenues & Volume, By Bilateral Thoracosternotomy, 2021 - 2031 |
6.3 Global Sternal Closure Systems Market, Revenues & Volume, By Fixation Techniques, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Sternal Closure Systems Market, Revenues & Volume, By Wiring Fixation Techniques, 2021 - 2031 |
6.3.3 Global Sternal Closure Systems Market, Revenues & Volume, By Plate-Screw Systems, 2021 - 2031 |
6.3.4 Global Sternal Closure Systems Market, Revenues & Volume, By Interlocking Systems, 2021 - 2031 |
6.3.5 Global Sternal Closure Systems Market, Revenues & Volume, By Cementing, 2021 - 2031 |
6.3.6 Global Sternal Closure Systems Market, Revenues & Volume, By Vacuum Assisted Closure, 2021 - 2031 |
6.4 Global Sternal Closure Systems Market, Revenues & Volume, By Material, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Sternal Closure Systems Market, Revenues & Volume, By Stainless Steel, 2021 - 2031 |
6.4.3 Global Sternal Closure Systems Market, Revenues & Volume, By PEEK, 2021 - 2031 |
6.4.4 Global Sternal Closure Systems Market, Revenues & Volume, By Titanium, 2021 - 2031 |
6.4.5 Global Sternal Closure Systems Market, Revenues & Volume, By Others, 2021 - 2031 |
6.5 Global Sternal Closure Systems Market, Revenues & Volume, By End Users, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Sternal Closure Systems Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.5.3 Global Sternal Closure Systems Market, Revenues & Volume, By Specialized Surgical Centres, 2021 - 2031 |
7 North America Sternal Closure Systems Market, Overview & Analysis |
7.1 North America Sternal Closure Systems Market Revenues & Volume, 2021 - 2031 |
7.2 North America Sternal Closure Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Sternal Closure Systems Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Sternal Closure Systems Market, Revenues & Volume, By Procedure, 2021 - 2031 |
7.5 North America Sternal Closure Systems Market, Revenues & Volume, By Fixation Techniques, 2021 - 2031 |
7.6 North America Sternal Closure Systems Market, Revenues & Volume, By Material, 2021 - 2031 |
7.7 North America Sternal Closure Systems Market, Revenues & Volume, By End Users, 2021 - 2031 |
8 Latin America (LATAM) Sternal Closure Systems Market, Overview & Analysis |
8.1 Latin America (LATAM) Sternal Closure Systems Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Sternal Closure Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Sternal Closure Systems Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Sternal Closure Systems Market, Revenues & Volume, By Procedure, 2021 - 2031 |
8.5 Latin America (LATAM) Sternal Closure Systems Market, Revenues & Volume, By Fixation Techniques, 2021 - 2031 |
8.6 Latin America (LATAM) Sternal Closure Systems Market, Revenues & Volume, By Material, 2021 - 2031 |
8.7 Latin America (LATAM) Sternal Closure Systems Market, Revenues & Volume, By End Users, 2021 - 2031 |
9 Asia Sternal Closure Systems Market, Overview & Analysis |
9.1 Asia Sternal Closure Systems Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Sternal Closure Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Sternal Closure Systems Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Sternal Closure Systems Market, Revenues & Volume, By Procedure, 2021 - 2031 |
9.5 Asia Sternal Closure Systems Market, Revenues & Volume, By Fixation Techniques, 2021 - 2031 |
9.6 Asia Sternal Closure Systems Market, Revenues & Volume, By Material, 2021 - 2031 |
9.7 Asia Sternal Closure Systems Market, Revenues & Volume, By End Users, 2021 - 2031 |
10 Africa Sternal Closure Systems Market, Overview & Analysis |
10.1 Africa Sternal Closure Systems Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Sternal Closure Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Sternal Closure Systems Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Sternal Closure Systems Market, Revenues & Volume, By Procedure, 2021 - 2031 |
10.5 Africa Sternal Closure Systems Market, Revenues & Volume, By Fixation Techniques, 2021 - 2031 |
10.6 Africa Sternal Closure Systems Market, Revenues & Volume, By Material, 2021 - 2031 |
10.7 Africa Sternal Closure Systems Market, Revenues & Volume, By End Users, 2021 - 2031 |
11 Europe Sternal Closure Systems Market, Overview & Analysis |
11.1 Europe Sternal Closure Systems Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Sternal Closure Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Sternal Closure Systems Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Sternal Closure Systems Market, Revenues & Volume, By Procedure, 2021 - 2031 |
11.5 Europe Sternal Closure Systems Market, Revenues & Volume, By Fixation Techniques, 2021 - 2031 |
11.6 Europe Sternal Closure Systems Market, Revenues & Volume, By Material, 2021 - 2031 |
11.7 Europe Sternal Closure Systems Market, Revenues & Volume, By End Users, 2021 - 2031 |
12 Middle East Sternal Closure Systems Market, Overview & Analysis |
12.1 Middle East Sternal Closure Systems Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Sternal Closure Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Sternal Closure Systems Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Sternal Closure Systems Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Sternal Closure Systems Market, Revenues & Volume, By Procedure, 2021 - 2031 |
12.5 Middle East Sternal Closure Systems Market, Revenues & Volume, By Fixation Techniques, 2021 - 2031 |
12.6 Middle East Sternal Closure Systems Market, Revenues & Volume, By Material, 2021 - 2031 |
12.7 Middle East Sternal Closure Systems Market, Revenues & Volume, By End Users, 2021 - 2031 |
13 Global Sternal Closure Systems Market Key Performance Indicators |
14 Global Sternal Closure Systems Market - Export/Import By Countries Assessment |
15 Global Sternal Closure Systems Market - Opportunity Assessment |
15.1 Global Sternal Closure Systems Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Sternal Closure Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Sternal Closure Systems Market Opportunity Assessment, By Procedure, 2021 & 2031F |
15.4 Global Sternal Closure Systems Market Opportunity Assessment, By Fixation Techniques, 2021 & 2031F |
15.5 Global Sternal Closure Systems Market Opportunity Assessment, By Material, 2021 & 2031F |
15.6 Global Sternal Closure Systems Market Opportunity Assessment, By End Users, 2021 & 2031F |
16 Global Sternal Closure Systems Market - Competitive Landscape |
16.1 Global Sternal Closure Systems Market Revenue Share, By Companies, 2024 |
16.2 Global Sternal Closure Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |