Middle East & Africa Sternal Closure Systems Market Size & Outlook
Related Markets
MEA sternal closure systems market highlights
- The MEA sternal closure systems market generated a revenue of USD 142.5 million in 2023.
- The market is expected to grow at a CAGR of 4.8% 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, Kuwait is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 142.5 million |
| Market revenue in 2030 | USD 197.3 million |
| Growth rate | 4.8% (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, MEA region accounted for 5.4% 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 |
|---|---|---|---|---|
| Idear Engenharia | View profile | 11-50 | Guararema, Sao Paulo, Brazil, South America | http://idear.com.br |
| Kinamed | View profile | 11-50 | Camarillo, California, United States, North America | http://www.kinamed.com |
| Able Medical Devices | View profile | 1-10 | Gwinn, Michigan, United States, North America | https://www.ablemedicaldevices.com |
| Abyrx | View profile | 11-50 | Irvington, New York, United States, North America | http://www.abyrx.com/ |
| Acumed | View profile | 251-500 | Oregon, Ohio, United States, North America | http://www.acumed.net |
| KLS Martin Group | View profile | 1001-5000 | Jacksonville, Florida, United States, North America | https://www.klsmartin.com/de/ |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Orthofix Medical Inc | View profile | 1634 | 3451 Plano Parkway, Lewisville, TX, United States, 75056 | https://www.orthofix.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Middle East & Africa 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 73.75% in 2023. Horizon Databook has segmented the Middle East & Africa sternal closure systems market based on closure devices, bone cement covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Sternal Closure Systems Product Outlook (Revenue, USD Million, 2018-2030)
- Closure Devices
- Bone Cement
- Middle East & Africa Sternal Closure Systems Procedure Outlook (Revenue, USD Million, 2018-2030)
- Median Sternotomy
- Hemisternotomy
- Bilateral Thoracosternotomy
- Others
- Middle East & Africa Sternal Closure Systems Material Outlook (Revenue, USD Million, 2018-2030)
- Titanium
- Polyether Ether Ketone (PEEK)
- Stainless Steel
- Others
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Our clientele includes a mix of sternal closure systems market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa sternal closure systems market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa sternal closure systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA sternal closure systems market size, by country, 2018-2030 (US$M)
Middle East & Africa Sternal Closure Systems Market Outlook Share, 2023 & 2030 (US$M)
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