Sternal Closure Systems Market Size, Share, Growth Analysis, By Product(Closure Devices [Wires, Plates and Screws, Cable, Clips]), By Procedure(Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy), By Material(Titanium, Stainless Steel, Polyetheretherketone (PEEK)), By Region - Industry Forecast 2024-2031

Region-wise, North America dominated the market in the previous years and is expected to lead over the forecast period owing to increasing cases of cardiovascular diseases, presence of advanced healthcare infrastructure, and robust investment in R&D. The region holds high prevalence of heart-associated disorders, thus impacting and increasing the demand for surgeries and related products. North America brags about its developed healthcare services and facilities, superior technology, and skilled professionals. This again is boosting the market in the region. Furthermore, heavy investments in R&D are triggering the emergence of improved materials that enhance surgical results. The key players profiled in the region include Depuy Synthes, Zimmer Biomet Holdings Inc, Teleflex Incorporated, Stryker, Acumed LLC, Kinamed Incorporated, and more.  

Asia-Pacific is the fastest-growing region in the global sternal closure systems market due to growing cases of cardiovascular diseases, rising healthcare expenditure, and growing awareness and access to healthcare services. Asia-Pacific is witnessing growth in cardiovascular illnesses, which remarkably drives the need for sternal closure solutions and cardiac surgeries. Several nations in the region are expanding their investment capabilities, resulting in more developed infrastructure and better access to modernized healthcare technologies. The region’s growth is also impacted by the rising awareness of cardiac health and growth in surgical interventions, impacting the growth of the market. Economic development and speedy urbanization are also driving the market growth in the region.