Sternal Closure Systems Market Size, Trends, Shares, Insights and Forecast – 2018-2026


Posted July 23, 2021 by SANJAYCMI

“Coherent Market Insights “STERNAL CLOSURE SYSTEMS MARKET – GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2027″

 
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

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.

Sternal Closure Systems 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.

* The sample copy includes: Report Summary, Table of Contents, Segmentation, Competitive Landscape, Report Structure, Methodology.

Request a sample copy of this report: https://www.coherentmarketinsights.com/insight/request-sample/2370

Similarly, in 2013, RTI Surgical launched, Tritium Sternal Cable Plating (SCP) system designed for the closure of median sternotomies following open-heart surgeries. The system combines cerclage cables and cancellous screws, with a low profile plate.

However, post-operative complications associated with the use of wiring and plating techniques in high-risk patients is expected to hinder the market growth.

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.

Furthermore, increasing approvals for novel sternal closure systems are expected to boost the market growth. For instance, in 2013, Dallen Medical, Inc. received FDA 510(k) clearance for a polymer coated Compressyn Band for sternal closure, thereby offering polymer coating to the sternal closure systems.

Browse Research Report: https://www.coherentmarketinsights.com/ongoing-insight/sternal-closure-systems-market-2370

Sternal Closure Systems Market: Key Players

Major players in the global sternal closure systems market are focused on adopting merger and acquisition strategies to enhance their market share. For instance, in 2017, Vance Street Capital LLC and A&E Medical Corporation acquired RTI Surgical’s Cardiothoracic Closure business, thereby gaining access to RTI’s cable-based plate products, including Tritium SPC System and the advanced sternal cable.

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.

Buy-Now this research report: https://www.coherentmarketinsights.com/insight/buy-now/2370

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.

Contact Us:
mailto:[email protected]
U.S. Office:
Name: Mr. Shah
Coherent Market Insights 1001 4th Ave,
# 3200 Seattle, WA 98154, U.S.
US : +1-206-701-6702
UK : +44-020-8133-4027
JAPAN : +050-5539-1737
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Coherent Market Insights
Phone +1-206-701-6702
Business Address 1001 4th Ave
# 3200 Seattle, WA 98154, U.S.
Country United States
Categories Health , Marketing , Research
Tags sternal closure systems , sternal closure systems market , sternal closure systems market overview
Last Updated July 23, 2021