LAMEA Sternal Closure Systems Market Size, Share & Trends Analysis Report By Type, (Closure Devices and Bone Cement), By Procedure, By Material Type, By Country and Growth Forecast, 2024 - 2031

Analysis of Market Size & Trends

The Latin America, Middle East and Africa Sternal Closure Systems Market would witness market growth of 7.5% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Sternal Closure Systems Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $80.1 million by 2031. The Argentina market is showcasing a CAGR of 8.7% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.1% during (2024 - 2031).

There is a growing focus on patient comfort and outcomes, leading to the development of sternal closure systems that allow for early mobilization, reduced postoperative pain, and faster recovery.

Moreover, sternal closure systems and bioengineered materials provide improved biocompatibility, lowering the possibility of negative reactions and encouraging improved tissue integration. These materials are intended to imitate natural tissue qualities, improving healing, and reducing the risk of problems.

Medical device manufacturers collaborate with healthcare providers in the Middle East to ensure that sternal closure systems meet the specific needs of patients in the region. As per the National Library of Medicine, the Middle East has a high rate of cardiovascular disease (10.1%). In this region, the prevalence of dyslipidaemia (43.3%) is double that of hypertension (26.2%) and diabetes mellitus (16%). Multifaceted interventions are desperately needed in this region for CVD primary prevention.

Free Valuable Insights: The Worldwide Sternal Closure Systems Market is Projected to reach USD 3.6 Billion by 2031, at a CAGR of 5.2%

Based on Type, the market is segmented into Closure Devices and Bone Cement. Based on Procedure, the market is segmented into Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy, and Others. Based on Material Type, the market is segmented into Titanium, Stainless Steel, Polyether Ether Ketone (PEEK) and Others.Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• Johnson & Johnson
• KLS Martin Group
• Orthofix Medical, Inc. (Breg, Inc.)
• Kinamed Inc.
• Braun Melsungen AG
• Stryker Corporation
• Medtronic PLC
• Zimmer Biomet Holdings, Inc.
• Acumed LLC (Colson Medical, Inc.)
• Able Medical Devices

LAMEA Sternal Closure Systems Market Report Segmentation

By Type

• Closure Devices
• Bone Cement

By Procedure

• Median Sternotomy
• Hemisternotomy
• Bilateral Thoracosternotomy
• Others

By Material Type

• Titanium
• Stainless Steel
• Polyether Ether Ketone (PEEK)
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA