According to a new report, published by KBV research, The Global Sternal Closure Systems Market size is expected to reach $3.6 billion by 2031, rising at a market growth of 5.2% CAGR during the forecast period.
The Bone Cement segment is registering a CAGR of 7% during (2024 - 2031). The combination of sternal closure systems and bone cement reduces the risk of postoperative complications such as sternal dehiscence, infection, and non-union. It provides a more secure and stable closure, promoting proper healing and lowering the risk of complications. Using sternal closure systems and bone cement promotes faster healing and recovery by providing a stable environment for bone fusion.
The Median Sternotomy segment is leading the Global Sternal Closure Systems Market by Procedure in 2023; thereby, achieving a market value of $1.7 billion by 2031. Sternal closure systems promote proper sternum healing by ensuring the bone ends are securely in place. This enhances bone fusion and lowers the risk of delayed healing or non-union, allowing patients to recover faster and regain regular activities sooner. Sternal closure systems improve the sternum's biomechanical stability, lowering the likelihood of sternal problems while coughing, sneezing, or lifting.
The Stainless Steel segment is anticipating a CAGR of 5.6% during (2024 - 2031). Stainless steel sternal closure systems are highly corrosion-resistant, ensuring long-term structural integrity and stability. They maintain their properties over time, lowering the risk of implant failure and the need for revision surgery. Stainless steel sternal closure systems are compatible with minimally invasive surgical techniques, reducing tissue trauma and improving cosmetic outcomes.
Full Report: https://www.kbvresearch.com/sternal-closure-systems-market/
The North America region dominated the Global Sternal Closure Systems Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.2 billion by 2031. The Europe region is experiencing a CAGR of 4.8% during (2024 - 2031). Additionally, The Asia Pacific region is exhibiting a CAGR of 5.7% during (2024 - 2031).
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