Global Sternal Closure Systems Market Size, Share, Opportunities And Trends By Type (Closure Devices, Bone Cement), By Sternotomy (Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy), By Material (Stainless Steel, Titanium, Polyether Ether Ketone (PEEK)) And By Geography - Forecasts From 2019 To 2024

  • Published : Mar 2020
  • Report Code : KSI061611896
  • Pages : 114

The global sternal closure systems market is expected to reach $XX billion by 2023 from $XX billion in 2017 growing at a CAGR of XX%. Sternum closure systems are used to close the sternum that is the last step in heart surgery and surgeries of the thoracic cavity that necessitate sternal closure. The market is estimated to show a significant growth during the forecast period. The increase in patient population requiring the cardiovascular surgeries and sternal closure surgeries is estimated to drive the market across the globe. As per WHO, cardiovascular diseases are the leading cause of death globally, with an estimated 17.9 million deaths in 2016, representing 31% of all global deaths. Technological advancements in sternotomy techniques will also boost the market during the forecast period. Favourable reimbursement policies across the major markets will also be a major factor bolstering the growth of the sternal closure systems market. However, procedural risks associated with the sternal closure procedures coupled with lack of skilled professionals to perform the sternal closure procedures will restrain the growth of the market during the given time frame.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global Sternal Closure Systems market value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global Sternal Closure Systems market.

Major industry players profiled as part of the report are Idear S.R.L, A&E Medical and Dispomedica among others.


By Type

Closure Devices

Bone Cement

By Sternotomy

Median Sternotomy


Bilateral Thoracosternotomy

By Material

Stainless Steel


Polyether Ether Ketone (PEEK)

By Geography

North America

United States



South America





United Kingdom




Middle East and Africa

Saudi Arabia




Asia Pacific




South Korea



Key questions answered by the report

What will be the global sternal closure systems market size from 2018 to 2023?

How are the major drivers and restraints affecting the global sternal closure systems market growth and the opportunities which exist for key vendors?

Which segment and region will drive or lead the market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behaviour

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. Key Findings of the Study
4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
4.8. Scenario Analysis
5. Global Sternal Closure Systems Market Forecast by Type  
5.1. Closure Devices
5.2. Bone Cement
6. Global Sternal Closure Systems Market Forecast by Sternotomy
6.1. Reusable Auto Injectors
6.2. Disposable Auto Injectors
6.3. Median Sternotomy
6.4. Hemisternotomy
6.5. Bilateral Thoracosternotomy
7. Global Sternal Closure Systems Market Forecast by Materials
7.1. Stainless Steel
7.2. Titanium
7.3. Polyether Ether Ketone (PEEK)
8. Global Sternal Closure Systems Market Forecast by Geography 
8.1. North America
8.1.1. The U.S
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil 
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. U.K.
8.3.2. France
8.3.3. Germany
8.3.4. Italy
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Israel
8.4.4. Others
8.5. Asia Pacific 
8.5.1. China
8.5.2. India
8.5.3. Australia
8.5.4. South Korea
8.5.5. Others 
9. Competitive intelligence
9.1. Market Share Analysis
9.2. Strategies of Key Players
9.3. Recent Investments and Deals
10. Company Profiles
10.1. DePuy Synthes
10.1.1. Overview 
10.1.2. Financials
10.1.3. Product and Services 
10.1.4. Recent Developments
10.2. KLS Martin Group
10.2.1. Overview 
10.2.2. Financials
10.2.3. Product and Services 
10.2.4. Recent Developments
10.3. Zimmer Biomet
10.3.1. Overview 
10.3.2. Financials
10.3.3. Product and Services 
10.3.4. Recent Developments
10.4. A&E Medical 
10.4.1. Overview 
10.4.2. Financials
10.4.3. Product and Services 
10.4.4. Recent Developments
10.5. Accute Innovations 
10.5.1. Overview 
10.5.2. Financials
10.5.3. Product and Services 
10.5.4. Recent Developments
10.6. JACE Medical, LLC
10.6.1. Overview 
10.6.2. Financials
10.6.3. Product and Services 
10.6.4. Recent Developments
10.7. Dispomedica 
10.7.1. Overview 
10.7.2. Financials
10.7.3. Product and Services 
10.7.4. Recent Developments
10.8. B. Braun Melsungen AG
10.8.1. Overview 
10.8.2. Financials
10.8.3. Product and Services 
10.8.4. Recent Developments
10.9. Kinamed Incorporated
10.9.1. Overview 
10.9.2. Financials
10.9.3. Product and Services 
10.9.4. Recent Developments
10.10. Idear S.R.L
10.10.1. Overview 
10.10.2. Financials
10.10.3. Product and Services 
10.10.4. Recent Developments

DePuy Synthes

KLS Martin Group

Zimmer Biomet

A&E Medical

Accute Innovations

JACE Medical, LLC


B. Braun Melsungen AG

Kinamed Incorporated

Idear S.R.L