South Africa Sternal Closure Systems Market Size & Outlook

The sternal closure systems market in South Africa is expected to reach a projected revenue of US$ 66.9 million by 2030. A compound annual growth rate of 5.1% is expected of South Africa sternal closure systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$47.3
Forecast, 2030 (US$M)
$66.9
CAGR, 2024 - 2030
5.1%
Report Coverage
South Africa

South Africa sternal closure systems market, 2018-2030 (US$M)

South

South Africa sternal closure systems market highlights

  • The South Africa sternal closure systems market generated a revenue of USD 47.3 million in 2023 and is expected to reach USD 66.9 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 5.1% 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.

Sternal closure systems market data book summary

Market revenue in 2023USD 47.3 million
Market revenue in 2030USD 66.9 million
Growth rate5.1% (CAGR from 2023 to 2030)
Largest segmentClosure devices
Fastest growing segmentClosure Devices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationClosure Devices, Bone Cement
Key market players worldwideJohnson & 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, South Africa accounted for 1.8% of the global sternal closure systems market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, South Africa sternal closure systems market is projected to lead the regional market in terms of revenue in 2030.
  • Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 20.5 million by 2030.

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Sternal Closure Systems Market Scope

Sternal closure systems market segmentation & scope
Closure Devices
Bone Cement
Median Sternotomy
Hemisternotomy
Bilateral Thoracosternotomy
Others
Titanium
Polyether Ether Ketone (PEEK)
Stainless Steel
Others

Sternal Closure Systems Market Companies

Name Profile # Employees HQ Website

South 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 74% in 2023. Horizon Databook has segmented the South Africa sternal closure systems market based on closure devices, bone cement covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Africa Sternal Closure Systems Product Outlook (Revenue, USD Million, 2018-2030)
    • Closure Devices
    • Bone Cement
  • South Africa Sternal Closure Systems Procedure Outlook (Revenue, USD Million, 2018-2030)
    • Median Sternotomy
    • Hemisternotomy
    • Bilateral Thoracosternotomy
    • Others
  • South Africa 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 country-level data and insights on the South Africa sternal closure systems market , including forecasts for subscribers. This country databook contains high-level insights into South Africa sternal closure systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa sternal closure systems market size, by product, 2018-2030 (US$M)

South Africa Sternal Closure Systems Market Outlook Share, 2023 & 2030 (US$M)

South Africa sternal closure systems market size, by product, 2018-2030 (US$M)

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