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Sternal Closure Systems Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032

Published : Sep 2024

Report ID: ARC946

Pages : 250

Format : Sternal Closure Systems Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032

CHAPTER 1. Industry Overview of Sternal Closure Systems Market

1.1. Definition and Scope

1.1.1. Definition of Sternal Closure Systems

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Sternal Closure Systems Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Sternal Closure Systems Market By Type 

1.2.3. Sternal Closure Systems Market By Material

1.2.4. Sternal Closure Systems Market By Procedure

1.2.5. Sternal Closure Systems Market By Region

 

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

 

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Sternal Closure Systems Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Sternal Closure Systems Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Cost Structure Analysis

3.8.1. Price Trend of Key Raw Materials

3.8.2. Raw Material Suppliers

3.8.3. Proportion of Manufacturing Cost Structure

3.8.3.1. Raw Material

3.8.3.2. Labor Cost

3.8.3.3. Manufacturing Expense

3.9. Regulatory Compliance

3.10. Competitive Landscape, 2023

3.10.1. Player Positioning Analysis

3.10.2. Key Strategies Adopted By Leading Players

 

CHAPTER 4. Manufacturing Plant Analysis

4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2023

4.2. R&D Status of Major Manufacturers in 2023

 

CHAPTER 5. Sternal Closure Systems Market By Type

5.1. Introduction

5.2. Sternal Closure Systems Revenue By Type

5.2.1. Sternal Closure Systems Revenue (USD Million) and Forecast, By Type, 2020-2032

5.2.2. Closure Devices

5.2.2.1. Closure Devices Market Revenue (USD Million) and Growth Rate (%), 2020-2032

5.2.2.2. Sternal Closure Wires

5.2.2.2.1. Sternal Closure Wires Market Revenue (USD Million) and Growth Rate (%), 2020-2032

5.2.2.3. Sternal Closure Plates and Screws

5.2.2.3.1. Sternal Closure Plates and Screws Market Revenue (USD Million) and Growth Rate (%), 2020-2032

5.2.2.4. Sternal Closure Clips

5.2.2.4.1. Sternal Closure Clips Market Revenue (USD Million) and Growth Rate (%), 2020-2032

5.2.2.5. Sternal Closure Cables

5.2.2.5.1. Sternal Closure Cables Market Revenue (USD Million) and Growth Rate (%), 2020-2032

5.2.3. Bone Cement

5.2.3.1. Bone Cement Market Revenue (USD Million) and Growth Rate (%), 2020-2032

 

CHAPTER 6. Sternal Closure Systems Market By Material

6.1. Introduction

6.2. Sternal Closure Systems Revenue By Material

6.2.1. Sternal Closure Systems Revenue (USD Million) and Forecast, By Material, 2020-2032

6.2.2. Titanium

6.2.2.1. Titanium Market Revenue (USD Million) and Growth Rate (%), 2020-2032

6.2.3. Polyether Ether Ketone (PEEK)

6.2.3.1. Polyether Ether Ketone (PEEK) Market Revenue (USD Million) and Growth Rate (%), 2020-2032

6.2.4. Stainless Steel

6.2.4.1. Stainless Steel Market Revenue (USD Million) and Growth Rate (%), 2020-2032

6.2.5. Others

6.2.5.1. Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032

 

CHAPTER 7. Sternal Closure Systems Market By Procedure

7.1. Introduction

7.2. Sternal Closure Systems Revenue By Procedure

7.2.1. Sternal Closure Systems Revenue (USD Million) and Forecast, By Procedure, 2020-2032

7.2.2. Median Sternotomy

7.2.2.1. Median Sternotomy Market Revenue (USD Million) and Growth Rate (%), 2020-2032

7.2.3. Hemisternotomy

7.2.3.1. Hemisternotomy Market Revenue (USD Million) and Growth Rate (%), 2020-2032

7.2.4. Bilateral Thoracosternotomy

7.2.4.1. Bilateral Thoracosternotomy Market Revenue (USD Million) and Growth Rate (%), 2020-2032

7.2.5. Others

7.2.5.1. Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032

 

CHAPTER 8. North America Sternal Closure Systems Market By Country 

8.1. North America Sternal Closure Systems Market Overview

8.2. U.S.

8.2.1. U.S. Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

8.2.2. U.S. Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

8.2.3. U.S. Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

8.3. Canada

8.3.1. Canada Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

8.3.2. Canada Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

8.3.3. Canada Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

8.4. North America PEST Analysis

 

CHAPTER 9. Europe Sternal Closure Systems Market By Country

9.1. Europe Sternal Closure Systems Market Overview

9.2. U.K.

9.2.1. U.K. Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

9.2.2. U.K. Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

9.2.3. U.K. Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

9.3. Germany

9.3.1. Germany Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

9.3.2. Germany Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

9.3.3. Germany Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

9.4. France

9.4.1. France Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

9.4.2. France Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

9.4.3. France Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

9.5. Spain

9.5.1. Spain Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

9.5.2. Spain Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

9.5.3. Spain Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

9.6. Rest of Europe

9.6.1. Rest of Europe Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

9.6.2. Rest of Europe Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

9.6.3. Rest of Europe Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

9.7. Europe PEST Analysis

 

CHAPTER 10. Asia Pacific Sternal Closure Systems Market By Country

10.1. Asia Pacific Sternal Closure Systems Market Overview

10.2. China

10.2.1. China Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

10.2.2. China Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

10.2.3. China Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

10.3. Japan

10.3.1. Japan Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

10.3.2. Japan Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

10.3.3. Japan Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

10.4. India

10.4.1. India Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

10.4.2. India Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

10.4.3. India Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

10.5. Australia

10.5.1. Australia Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

10.5.2. Australia Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

10.5.3. Australia Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

10.6. South Korea

10.6.1. South Korea Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

10.6.2. South Korea Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

10.6.3. South Korea Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

10.7. Rest of Asia-Pacific

10.7.1. Rest of Asia-Pacific Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

10.7.2. Rest of Asia-Pacific Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

10.7.3. Rest of Asia-Pacific Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

10.8. Asia Pacific PEST Analysis

 

CHAPTER 11. Latin America Sternal Closure Systems Market By Country

11.1. Latin America Sternal Closure Systems Market Overview

11.2. Brazil

11.2.1. Brazil Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

11.2.2. Brazil Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

11.2.3. Brazil Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

11.3. Mexico

11.3.1. Mexico Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

11.3.2. Mexico Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

11.3.3. Mexico Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

11.4. Rest of Latin America

11.4.1. Rest of Latin America Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

11.4.2. Rest of Latin America Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

11.4.3. Rest of Latin America Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

11.5. Latin America PEST Analysis

 

CHAPTER 12. Middle East & Africa Sternal Closure Systems Market By Country 

12.1. Middle East & Africa Sternal Closure Systems Market Overview

12.2. GCC

12.2.1. GCC Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

12.2.2. GCC Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

12.2.3. GCC Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

12.3. South Africa

12.3.1. South Africa Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

12.3.2. South Africa Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

12.3.3. South Africa Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

12.4. Rest of Middle East & Africa

12.4.1. Rest of Middle East & Africa Sternal Closure Systems Revenue (USD Million) and Forecast By Type, 2020-2032

12.4.2. Rest of Middle East & Africa Sternal Closure Systems Revenue (USD Million) and Forecast By Material, 2020-2032

12.4.3. Rest of Middle East & Africa Sternal Closure Systems Revenue (USD Million) and Forecast By Procedure, 2020-2032

12.5. Middle East & Africa PEST Analysis

 

CHAPTER 13. Player Analysis Of Sternal Closure Systems Market

13.1. Sternal Closure Systems Market Company Share Analysis

13.2. Competition Matrix

13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

13.2.2. New Product Launches and Product Enhancements

13.2.3. Mergers And Acquisition In Global Sternal Closure Systems Market

13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

 

CHAPTER 14. Company Profile

14.1. KLS Martin Group

14.1.1. Company Snapshot

14.1.2. Business Overview

14.1.3. Financial Overview

14.1.3.1. Revenue (USD Million), 2023

14.1.3.2. KLS Martin Group 2023 Sternal Closure Systems Business Regional Distribution

14.1.4. Product /Service and Specification

14.1.5. Recent Developments & Business Strategy

14.2. B. Braun SE

14.3. Johnson & Johnson

14.4. Orthofix Medical Inc.

14.5. ABYRX, INC.

14.6. IDEAR S.R.L

14.7. Zimmer Biomet

14.8. Acumed LLC

14.9. Kinamed Incorporated

14.10. Able Medical Devices

Frequently Asked Questions

How big is the sternal closure systems market?

The sternal closure systems market size was valued at USD 2.6 billion in 2023.

What is the CAGR of the global sternal closure systems market from 2024 to 2032?

The CAGR of sternal closure systems is 5.7% during the analysis period of 2024 to 2032.

Which are the key players in the sternal closure systems market?

The key players operating in the global market are including KLS Martin Group, B. Braun SE, Johnson & Johnson, Orthofix Medical Inc., ABYRX, INC., IDEAR S.R.L, Zimmer Biomet, Acumed LLC, Kinamed Incorporated, and Able Medical Devices.

Which region dominated the global sternal closure systems market share?

North America held the dominating position in sternal closure systems industry during the analysis period of 2024 to 2032.

Which region registered fastest CAGR from 2024 to 2032?

Asia-Pacific region exhibited fastest growing CAGR for market of sternal closure systems during the analysis period of 2024 to 2032.

What are the current trends and dynamics in the global sternal closure systems industry?

The current trends and dynamics in the sternal closure systems industry include increasing prevalence of cardiovascular diseases necessitating more cardiac surgeries, technological advancements leading to improved sternal closure techniques, aging population with higher surgical intervention rates, and rising awareness among healthcare professionals about the benefits of effective sternal closure systems.

Which product held the maximum share in 2023?

The closure devices product held the maximum share of the sternal closure systems industry.

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