The Sternal Closure System Market is expected to expand over the coming years, majorly due to the rising number of heart surgeries and operations. The demand within the global market has risen because of the utility and ease offered by closing of the sternum or sternal closure. Post operative complications can be averted through sternal closure and the patients recover faster once the sternums are closed.
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Hence, complicated surgeries of the heart are always followed by sterna closures in order to avoid any post-operative dangers or other disorders in the body. Interlocking, wiring, and wiring are some of the techniques studied for closure but they have not been effective in the past.
The rising incidence of heart diseases that necessitate surgical treatments has been a key drive of demand within the global market for sternal closure system. Furthermore, the quest of the cardiology segment to relieve the pain and suffering of patients after a surgical implant or operation has also aided the growth of the global market. Besides this, the favourable reimbursement policies for heart patients have played to the advantage of the global market for sterna closure.
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On the negative end, the mammoth taxes and excise duties imposed on medical devices has hampered the growth of the global market. North America has comfortably outdone all other regional market for sternal closure system due to the prolific healthcare sector of the region.
Some of the key players in the global sternal closure system market are A&E Medical, DePuySynthes, Orthofix International N.V., KLS Martin Group, and Acute Innovations.