Sternal Closure Systems Market Scope And Analysis

Report Code : TIPRE00005200
Category : Life Sciences

No. of Pages : 150

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Sternal Closure Systems Market Analysis Report 2021 to 2022

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Sternal Closure Systems Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 3.88 Billion
Market Size by 2030	US$ 5.74 Billion
Global CAGR (2022 - 2030)	5.0%
Historical Data	2020-2022
Forecast period	2022-2030
Segments Covered	By Product Closure Devices and Bone Cement By Procedure Median Sternotomy Hemisternotomy Bilateral Thoracosternotomy By Material Titanium Polyether Ether Ketone Stainless Steel
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Johnson Johnson Services Inc A E Medical Corporation B Braun Melsungen AG DePuy Synthes Acute Innovations LLC KLS Martin Group IDEAR S R L Zimmer Biomet Holdings Inc ABYRX Inc

Industry Developments and Future Opportunities:

The sternal closure systems market forecast can help stakeholders in this marketplace plan their growth strategies. A few initiatives taken by key market players operating in the sternal closure systems market are listed below:

In February 2022, CircumFix Solutions received an investment of ~ US$ 17 million from Evonik Venture Capital for its new sternal closure orthopedic device. This device stabilizes the sternum post-surgery utilizing Evonik’s high-performance polymer.
In March 2021, A&E Medical Corporation received product approval for its Tritium Sternal Cable Plate System. This product is intended for the stabilization and fixation of fractures of the anterior chest wall, including sternal fixation following sternotomy and sternal reconstructive surgical procedures.
In December 2020, Zimmer Biomet Holdings, Inc. acquired A&E Medical Corporation, an international leader in developing and manufacturing cardiothoracic surgery products. This acquisition is intended to expand Zimmer Biomet's portfolio of innovative and inclusive solutions for patients undergoing complex surgical procedures.
In September 2020, Johnson & Johnson Services, Inc. launched the Echelon Flex Endopath staplers with GST reloads designed to help surgeons achieve better patient outcomes with enhanced staple formation and reduced tissue trauma during thoracic surgeries.

Competitive Landscape and Key Companies:

Johnson and Johnson Services, Inc., A&E Medical Corporation, B. Braun Melsungen AG, DePuy Synthes, Acute Innovations LLC, KLS Martin Group, IDEAR S.R.L., Zimmer Biomet Holdings, Inc., ABYRX, Inc., and Kinamed Incorporated. are among the top players profiled in the sternal closure systems market report. These companies focus on presenting new hi-tech products, technological advancements in existing products, and geographic expansions to meet the growing consumer demand worldwide.