Steady growth in sternal closure systems market driven by surgical advancements and rising cardiovascular diseases
From GlobeNewswire: 2025-05-28 10:14:00
The sternal closure systems market is growing due to surgical advancements and the rise in cardiovascular diseases. The market analysis highlights rigid plate fixation systems and bioabsorbable devices. Market value is expected to reach $6.32 billion by 2031 with a 6.1% CAGR. North America leads, but Asia Pacific shows high potential.
Advancements in surgical techniques, such as minimally invasive surgery, drive the need for sternal closure systems that offer stability and faster healing. Patient-specific implants and innovative technologies reduce complications and improve recovery, aligning with healthcare priorities for efficiency and value-based care.
The increasing prevalence of cardiovascular diseases is a major driver for sternal closure systems. With heart diseases being a leading cause of death globally, surgical procedures like CABG require successful sternal closure for quick recovery. Demand for advanced closure systems is rising in regions like North America, Europe, and Asia Pacific due to the growing burden of CVDs.
Geographically, North America led the sternal closure systems market in 2024, followed by Europe and Asia Pacific. The Asia Pacific region is expected to show the highest growth during the forecast period. The market is segmented by product, procedure, material, and region, catering to different needs and preferences in the healthcare industry.
Key players in the sternal closure systems market include Johnson & Johnson, Zimmer Biomet, KLS Martin Group, and more, driving advancements in closure devices and techniques. Recent headlines showcase new products like the MatrixSTERNUM Fixation System and Valkyrie Looped Sternotomy Sutures, indicating ongoing innovation and development in the field.
The sternal closure systems market is expected to continue growing as technology evolves and demand for safe, efficient closure methods increases worldwide. The Insight Partners report offers valuable insights for manufacturers and stakeholders, helping navigate the evolving market landscape and unlock new opportunities in the industry.
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