{"id":628187,"date":"2022-12-02T13:04:01","date_gmt":"2022-12-02T13:04:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=628187"},"modified":"2022-12-02T13:04:01","modified_gmt":"2022-12-02T13:04:01","slug":"sternal-closure-systems-market-worth-29-billion-by-2027-exclusive-report-by-marketsandmarkets","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/sternal-closure-systems-market-worth-29-billion-by-2027-exclusive-report-by-marketsandmarkets_628187.html","title":{"rendered":"Sternal Closure Systems Market worth $2.9 billion by 2027 &#8211; Exclusive Report by MarketsandMarkets\u2122"},"content":{"rendered":"<div style=\"float:right; width:250px; padding:8px 10px 10px 10px;\">\n<div><a href=\"https:\/\/www.abnewswire.com\/uploads\/1669995885.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"Sternal Closure Systems Market worth $2.9 billion by 2027 - Exclusive Report by MarketsandMarkets&trade;\" src=\"https:\/\/www.abnewswire.com\/uploads\/1669995885.jpeg\" alt=\"Sternal Closure Systems Market worth $2.9 billion by 2027 - Exclusive Report by MarketsandMarkets&trade;\" width=\"225\" height=\"225\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/div>\n<div class=\"quotes\">\n<div>The major players operating in this market are DePuy Synthes (US), Zimmer Biomet Holdings, Inc. (US), KLS Martin Group (US), B. Braun SE (Germany), Stryker (US), Teleflex Incorporated (US), Acumed LLC (US), IDEAR S.R.L (Argentina), Kinamed Incorporated (US), Able Medical Devices (US), Praesidia Srl (Italy)<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">In 2022, Evonik Venture Capital announced its investment in CircumFix Solutions which is a Tennessee-based startup that developed a sternal closure device to improve patient recovery after open chest surgery.<\/div>\n<p style=\"text-align: justify;\"><strong><a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/sternal-closure-system-market-152164684.html?utm_source=ABnewswire&amp;utm_medium=referral\" target=\"_blank\">Sternal Closure Systems Market<\/a><\/strong>&nbsp;is projected to reach&nbsp;USD 2.9 billion&nbsp;by 2027 from&nbsp;USD 2.3 billion&nbsp;in 2022, at a CAGR of 5.1% during the forecast period.<strong>&nbsp;according to a new report by MarketsandMarkets&trade;.<\/strong>&nbsp;The rising adoption of advanced technology drives the sternal closure systems market for sternotomy procedures and favourable medical reimbursement across major markets. Increasing research activities for sternal closure procedures, emerging markets, and growth in the number of hospitals &amp; surgical centers are expected to provide lucrative growth opportunities for the sternal closure systems market.<\/p>\n<p style=\"text-align: justify;\"><strong>Download PDF Brochure:&nbsp;<a href=\"https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=152164684&amp;utm_source=ABnewswire&amp;utm_medium=referral\" target=\"_blank\">https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=152164684<\/a><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Browse in-depth TOC on &#8220;Sternal Closure Systems Market&#8221;<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>119 &#8211; Tables<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>38 &#8211; Figures<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>173 &#8211; Pages<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>The closure devices accounted for the largest share of the sternal closure systems market, by product segment, in 2021<\/strong><\/p>\n<p style=\"text-align: justify;\">The global sternal closure systems market is segmented into closure devices and bone cement based on product. In 2021, closure devices accounted for the largest share of the global sternal closure systems market. This is mainly due to factors such as the increasing number of complex cardiovascular surgeries and the increasing efficiency of closure devices.<\/p>\n<p style=\"text-align: justify;\"><strong>Median sternotomy segment to register the highest growth rate among sternal closure systems during the forecast period<\/strong><\/p>\n<p style=\"text-align: justify;\">The global sternal closure systems market is segmented into median sternotomy, hemisternotmy, and bilateral thoracosternotomy, based on procedure. The median sternotomy segment accounted for the largest share of the sternal closure systems market in 2021, owing to the increasing patient population for cardiovascular diseases.<\/p>\n<p style=\"text-align: justify;\"><strong>Request Sample Pages:&nbsp;<a href=\"https:\/\/www.marketsandmarkets.com\/requestsampleNew.asp?id=152164684&amp;utm_source=ABnewswire&amp;utm_medium=referral\" target=\"_blank\">https:\/\/www.marketsandmarkets.com\/requestsampleNew.asp?id=152164684<\/a><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Asia Pacific&nbsp;to observe highest growth rate for sternal closure systems market during the forecast period.<\/strong><\/p>\n<p style=\"text-align: justify;\">The global sternal closure systems market has been segmented into four major regions&mdash;North America,&nbsp;Europe, the&nbsp;Asia Pacific, and the Rest of the World. The sternal closure systems market in several&nbsp;Aisa Pacific&nbsp;countries is expected to witness high growth during the forecast period owing to the rapid growth in the healthcare expenditure in emerging APAC countries (such as&nbsp;China&nbsp;and&nbsp;India), and the growing adoption of advanced sternum closure techniques among cardiothoracic surgeons.<\/p>\n<p style=\"text-align: justify;\">The major players operating in this market are DePuy Synthes (US), Zimmer Biomet Holdings, Inc. (US), KLS Martin Group (US), B.&nbsp;Braun SE&nbsp;(Germany), Stryker (US), Teleflex Incorporated (US), Acumed LLC (US), IDEAR S.R.L (Argentina), Kinamed Incorporated (US), Able Medical Devices (US), Praesidia Srl (Italy), Abyrx, Inc. (US), Dispomedica (Germany), Jeil Medical Corporation (South Korea), Changzhou Waston Medical Appliance Company Limited (China), Neos Surgery (Spain), Ortolog Medical (Turkey), Medicon EG (Germany), MedXpert GmbH (Germany), CircumFix Solutions (US), Invibio Ltd. (UK), Arthrex, Inc. (US), T T K Health Care Ltd. (India), Lotus Surgicals (India), and Peters Surgical (India) and Among others<\/p>\n<p style=\"text-align: justify;\"><strong>Get 10% Free Customization on this Report:&nbsp;<a href=\"https:\/\/www.marketsandmarkets.com\/requestCustomizationNew.asp?id=152164684&amp;utm_source=ABnewswire&amp;utm_medium=referral\" target=\"_blank\">https:\/\/www.marketsandmarkets.com\/requestCustomizationNew.asp?id=152164684<\/a><\/strong><\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/marketsandmarkets.com_17712.html\" rel=\"nofollow\">MarketsandMarkets\u2122 Research Private Ltd.<\/a><br \/><strong>Contact Person:<\/strong> Mr. Aashish Mehra<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=sternal-closure-systems-market-worth-29-billion-by-2027-exclusive-report-by-marketsandmarkets\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> 18886006441<br \/><strong>Address:<\/strong>630 Dundee Road  Suite 430<br \/><strong>City:<\/strong> Northbrook<br \/><strong>State:<\/strong> IL 60062<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/sternal-closure-system-market-152164684.html\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.marketsandmarkets.com\/Market-Reports\/sternal-closure-system-market-152164684.html<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/sternal-closure-system-market-152164684.html\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=sternal-closure-systems-market-worth-29-billion-by-2027-exclusive-report-by-marketsandmarkets\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The major players operating in this market are DePuy Synthes (US), Zimmer Biomet Holdings, Inc. (US), KLS Martin Group (US), B. Braun SE (Germany), Stryker (US), Teleflex Incorporated (US), Acumed LLC (US), IDEAR S.R.L (Argentina), Kinamed Incorporated (US), Able Medical &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/sternal-closure-systems-market-worth-29-billion-by-2027-exclusive-report-by-marketsandmarkets_628187.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[405,406,403,404,416],"tags":[],"class_list":["post-628187","post","type-post","status-publish","format-standard","hentry","category-Health-Medicine","category-Pharmaceuticals-Biotech","category-UK","category-US","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/628187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=628187"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/628187\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=628187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=628187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=628187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}