The global sternal closure systems market was valued at USD 2.65 billion in 2023 and is expected to expand steadily to USD 3.85 billion by 2030, registering a CAGR of 5.4% from 2024 to 2030. Market growth is primarily supported by the increasing number of elderly patients undergoing open-heart surgeries that require median sternotomy, a standard approach for cardiac access.
Median sternotomy continues to be one of the most preferred techniques for cardiac exposure, as it offers rapid and effective access to heart vessels and valves. The expanding elderly population is a critical growth driver, as age-related cardiovascular diseases increase surgical intervention rates. For example, the India Ageing Report 2030 estimates that approximately 347 million individuals in India will be aged 60 years or above by 2050, indicating a substantial future patient pool. Sternotomy and subsequent sternal closure are integral steps before and after cardiac surgery, reinforcing consistent demand for closure systems.
Key Market Trends and Insights
Market Size and CAGR
Technological progress is further strengthening the market. Innovations include the use of biocompatible polymers such as tritium, pre-sternotomy plates, polyether ether ketone (PEEK), nitinol, and the development of minimally invasive median sternotomy techniques. These advancements improve surgical outcomes, reduce complications, and enhance patient recovery, thereby accelerating product adoption.
In addition, the rising number of cardiothoracic surgeries significantly supports market expansion. Studies published by the National Library of Medicine indicate that approximately 530,000 general thoracic surgeries are performed annually in the U.S. by nearly 4,000 cardiothoracic surgeons. Another study highlights that coronary artery bypass grafting (CABG) is the most common cardiac surgical procedure, with around 400,000 CABG surgeries conducted each year. The increasing prevalence of such procedures directly contributes to higher demand for advanced sternal closure systems.
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Key Sternal Closure Systems Company Insights
The competitive landscape is characterized by the presence of established players and new entrants focusing on innovation, partnerships, and strategic mergers and acquisitions. Increased investment in product development and technological enhancements is intensifying competition and shaping industry dynamics.
Key Sternal Closure Systems Companies:
Conclusion
The sternal closure systems market is positioned for consistent growth through 2030, supported by rising cardiac surgery volumes, an expanding geriatric population, and continuous technological innovation in closure devices and materials. Strong demand from developed regions, coupled with rapid growth in emerging markets such as Asia Pacific, is expected to sustain market momentum. As manufacturers continue to invest in advanced, biocompatible, and minimally invasive solutions, the market is likely to witness improved clinical outcomes and broader adoption across global healthcare systems.
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