Global Sternal Closure Systems Market Size & Outlook
Global sternal closure systems market, 2018-2030 (US$M)
Related Markets
Global sternal closure systems market highlights
- The global sternal closure systems market generated a revenue of USD 2,654.9 million in 2023 and is expected to reach USD 3,846.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.4% by 2030.
- In terms of segment, closure devices accounted for a revenue of USD 1,929.7 million in 2023.
- Closure Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,654.9 million |
| Market revenue in 2030 | USD 3,846.3 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Closure devices |
| Fastest growing segment | Closure Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Closure Devices, Bone Cement |
Other key industry trends
- In terms of revenue, the North America accounted for 34.2% of the global sternal closure systems market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,023.1 million by 2030.
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Sternal Closure Systems Market Scope
Sternal Closure Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global sternal closure systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sternal closure systems market will help companies and investors design strategic landscapes.
Closure devices was the largest segment with a revenue share of 72.68% in 2023. Horizon Databook has segmented the Global sternal closure systems market based on closure devices, bone cement covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Sternal Closure Systems Product Outlook (Revenue, USD Million, 2018-2030)
- Closure Devices
- Bone Cement
- Global Sternal Closure Systems Procedure Outlook (Revenue, USD Million, 2018-2030)
- Median Sternotomy
- Hemisternotomy
- Bilateral Thoracosternotomy
- Others
- Global Sternal Closure Systems Material Outlook (Revenue, USD Million, 2018-2030)
- Titanium
- Polyether Ether Ketone (PEEK)
- Stainless Steel
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global sternal closure systems market , including forecasts for subscribers. This global databook contains high-level insights into Global sternal closure systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global sternal closure systems market size, by regions, 2018-2030 (US$M)
Top 10 countries: Sternal closure systems market size, 2023 (US$M)
Global sternal closure systems market share, by product, 2023 & 2030 (%, US$M)
Sternal closure systems market: Opportunity assessment by country
Global sternal closure systems market, by region, 2023 (US$M)
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