Global Sternal closure system Market to reach USD 2.8 billion by 2025.

Global Sternal closure system Market valued approximately USD 1.8 billion in 2016 is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2017-2025. Key factors which give growth to the Sternal closure system market are growing availability of medical reimbursements across major markets, technological advancements in sternotomy techniques, and increased target patient population with the subsequent increase in the number of surgical procedures are expected to drive the demand for sternal closure systems during the study period.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:
 
§ Closure devices
o Wire
o Plate
o Screw
o Cable
§ Bone cement

By Procedure:

§ Median Sternotomy
§ Hemisternotomy
§ Bilateral thoracosternotomy

By Material:

§ Stainless steel
§ Peek
§ Titanium

By Regions:
§ North America
o U.S.
o Canada
§ Europe
o UK
o Germany
§ Asia Pacific
o China
o India
o Japan
§ Latin America
o Brazil
o Mexico
§ Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market Depuy synthes, Zimmer Biomet holdings, KLS Martin group, acute innovations, A&E Medical, idear SRL, Jace medical, Abyrx, dispomedica. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Sternal closure system Market in Market Study:

§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investors