Asia Pacific Sternal Closure Systems Market Size & Outlook
Asia Pacific sternal closure systems market, 2018-2030 (US$M)
Related Markets
Asia Pacific sternal closure systems market highlights
- The Asia Pacific sternal closure systems market generated a revenue of USD 605.1 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, closure devices was the largest revenue generating product in 2023.
- Closure Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 605.1 million |
| Market revenue in 2030 | USD 938.2 million |
| Growth rate | 6.5% (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 |
| Key market players worldwide | Johnson & Johnson, Zimmer Biomet Holdings Inc, KLS Martin Group, Orthofix Medical Inc, B. Braun, Acumed, Abyrx, Able Medical Devices, Kinamed, Idear Engenharia |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.8% of the global sternal closure systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 938.2 million by 2030.
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Sternal Closure Systems Market Scope
Sternal Closure Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 72.78% in 2023. Horizon Databook has segmented the Asia Pacific sternal closure systems market based on closure devices, bone cement covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Sternal Closure Systems Product Outlook (Revenue, USD Million, 2018-2030)
- Closure Devices
- Bone Cement
- Asia Pacific Sternal Closure Systems Procedure Outlook (Revenue, USD Million, 2018-2030)
- Median Sternotomy
- Hemisternotomy
- Bilateral Thoracosternotomy
- Others
- Asia Pacific 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 continent-level data and insights on the Asia Pacific sternal closure systems market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific sternal closure systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific sternal closure systems market size, by country, 2018-2030 (US$M)
Asia Pacific Sternal Closure Systems Market Outlook Share, 2023 & 2030 (US$M)
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