Health

Sternal Closure Systems Market Is Expected To Show Significant Growth Over The Forecast Period 2018-2026

Press Release

Sternal closure systems are used for closing the sternum or the breastbone after sternal reconstructive surgical procedures. The system is also used to fix and stabilize anterior chest wall and promote fusion.

Coherent Market Insights added Latest Research Report titled ” Sternal Closure Systems Market, by Product Type (Closure Devices and Bone Cement), by Material Type (Stainless Steel, PEEK, and Titanium), by Procedure (Median Sternotomy, Hemisternotomy, and Bilateral Thoracosternotomy), by End User (Hospitals, Specialty Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026 ” to its Large Report database.

Market Dynamics

Increasing prevalence of cardiovascular diseases is a major factor propelling demand for sternal closure systems. According to a report by the American Heart Association (AHA), 2015, around 84 million people in the U.S. suffered from some or the other form of cardiovascular disease (CVD) in 2017 and around 130 million adults constituting over 45% of the country’s population, are estimated to suffer from at least one CVD by 2035.

Moreover, launch of innovative devices to produce tight closure and stable union at sternum for patients undergoing cardiothoracic surgery is also expected to boost the market growth. For instance, in 2015, the U.S. FDA approved the Grand Pre Monoblock Closure System developed by JACE Medical, LLC. The rigid closure system is biocompatible and uses ratchet technology to close the space tightly and promote healing.

Sternal Closure Systems Market: Key Players

Key players operating in the global sternal closure systems market include, DePuy Synthes, Zimmer Biomet Holdings, KLS Martin Group, A&E Medical, Orthofix International N.V., Kinamed Incorporated, Abyrx, Inc., Acute Innovations LLC, Praesidia SRL, and Idear SRL.

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Sternal Closure Systems Market: Regional Analysis

North America is expected to hold dominant position in the global sternal closure systems market, owing to increasing number of heart surgeries performed in treatment of cardiovascular diseases. According to the study published by American Heart Association, around 700,000 open-heart surgeries are performed annually in the U.S.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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