Global Sternal Closure Systems Market 2024-2028
Sternal Closure Systems Market 2024-2028
The sternal closure systems market is forecasted to grow by USD 584.9 mn during 2023-2028, accelerating at a CAGR of 5.1% during the forecast period. The report on the sternal closure systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing target patient population, rise in number of cardiothoracic surgical procedures, and medical reimbursements in developed countries.
Technavio's sternal closure systems market is segmented as below:
By Product
- Closure devices
- Bone cement
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the technological advancements in sternotomy techniques as one of the prime reasons driving the sternal closure systems market growth during the next few years. Also, increasing research activities for development of products and medical tourism leading to high growth in emerging countries will lead to sizable demand in the market.
The report on the sternal closure systems market covers the following areas:
- Sternal Closure Systems Market sizing
- Sternal Closure Systems Market forecast
- Sternal Closure Systems Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sternal closure systems market vendors that include Abyrx Inc., Acumed LLC, B.Braun SE, Changzhou Waston Medical Appliance Co. Ltd, Dispomedica GmbH, Gebruder Martin GmbH and Co. KG, Idear Srl, JACE Medical LLC, Jeil Medical Corp., Johnson and Johnson Services Inc., Kinamed Inc., Praesidia Srl, Stryker Corp., and Zimmer Biomet Holdings Inc.. Also, the sternal closure systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.