Press Release

Jun, 05 2023

Increasing Usage of Sternal Closures in Obese Patients Drives the Demand for the Middle East and Africa Sternal Closure Systems Market

Obesity is a rising concern in the Middle East and Africa region which leads to a wide range of health complications including chronic heart disease, and diabetes among others. The basic cause of obesity is an energy disparity between calories consumed and calories expended. Also, the surge of physical dormancy and consumption of energy-dense foods that are high in fat are major causes leading to obesity. The causes of dehiscence include ischemia, infection, increased abdominal pressure, diabetes, malnutrition, smoking, and obesity.

Access Full Report @ https://www.databridgemarketresearch.com/reports/middle-east-and-africa-sternal-closure-systems-market

Sternal dehiscence can be prevented through the suboptimal sternal wiring technique. An advanced double-wiring technique is followed to prevent complications. This technique spreads the force on the sternum surface which results in an increased resistance to tearing out. Rigid fixation through plates and screws in obese patients prevents various complications to occur.

The growing number of obese patients are highly prone to heart problems. The sternal closure procedure offers more stability and strength to the sternum. Therefore, there has been increased usage of sternal closure procedures in obese patients which drives market growth.

Data Bridge Market Research analyzes that the Middle East and Africa Sternal Closure Systems Market is expected to grow with a CAGR of 5.5% in the forecast period of 2023 to 2030 and is expected to reach USD 78.84 million by 2030. The closure devices segment is dominating the market due to its remarkable application as compared to bone cement which is used in limited procedures.

Key Findings of the Study

Middle East and Africa Sternal Closure Systems Market

Rising Technological Advancements in Sternotomy Devices

Medial sternotomy is a surgical procedure used in the cardiac surgery and cardiothoracic surgery. For the closure of the sternum, various materials are used such as titanium, nitinol, tritium, and others. Nitinol which is an alloy of titanium and nickel has better strength and durability than other materials used in the sternal closure. Technological advancements include enhancing the stability and strength of traditional sternal closure. Traditionally stainless steel material is used widely but due to injuries caused by breaking of steel wire. There was a requirement for some advanced material that can withstand higher tensile pressure. With technological advancement improved alloys are produced with high tensile strength.

Thus, the technological advancement in sternotomy devices acts as an opportunity for the growth of the market.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Year

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in Million, Volumes in Units, and Pricing in USD

Segments Covered

Product (Closure Devices and Bone Cement), Material (Stainless Steel, Titanium, PEEK, and Others), Fixation Techniques (Wiring Fixation Techniques, Plate-Screw Systems, Interlocking Systems, Cementing, Vacuum Assisted Closure), Procedure (Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy, and others), End User (Hospitals and Specialized Surgical Centers), Distribution Channel (Direct Tender and Retail Sales)

Countries Covered

Saudi Arabia, South Africa, U.A.E., Egypt, Israel, and the rest of the Middle East and Africa

Market Players Covered

Griffts and Nielsen (U.K.), Stryker (U.S.), Johnson and Johnson Services Inc. (U.S.), B. Braun Melsungen AG (Germany), Peters Surgical (France), Zimmer Biomet (U.S.), Changzhou Watson Medical Appliance Co. Ltd (China), Auxein Medical Private Limited (India), Innovasis Inc. (U.S.), KLS Martin Group (Germany) among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, and premium insights.

Segment Analysis

The Middle East and Africa sternal closure systems market is segmented into six notable segments based on product, fixation techniques, procedure, material, end user, and distribution channel.

  • On the basis of product, the Middle East and Africa sternal closure systems market is segmented into closure devices and bone cement.

In 2023, the closure devices segment is expected to dominate the market due to its remarkable application as compared to bone cement which is used in limited procedures.

In 2023, the closure devices segment is expected to dominate the market with 87.00% market share as closure devices are used in various conventional & novel fixation techniques across different surgical institutions.

  • On the basis of material, the Middle East and Africa sternal closure systems market is segmented into stainless steel, titanium, PEEK, and others. In 2023, the stainless steel segment is expected to dominate the sternal closure systems market with 48.20% market share.
  • On the basis of fixation techniques, the Middle East and Africa sternal closure systems market is segmented into wiring fixation techniques, plate-screw systems, interlocking systems, cementing, and vacuum-assisted closure. In 2023, the wiring technique segment is expected to dominate the sternal closure systems market with a 41.90% market share.
  • On the basis of procedure, the Middle East and Africa sternal closure systems market is segmented into median sternotomy, hemisternotomy, bilateral thoracosternotomy, and others. In 2023, the median sternotomy segment is expected to dominate the sternal closure systems market with a 49.71% market share.
  • On the basis of end user, the Middle East and Africa sternal closure systems market is segmented into hospitals and specialized surgical centers. In 2023, the hospitals segment is expected to dominate the sternal closure systems market with a 73.13% market share.

In 2023, the hospitals segment of end user is expected to dominate the market due to increasing usage of sternal closures in obese patients

  • On the basis of the distribution channel, the Middle East and Africa sternal closure systems market is segmented into direct tenders and retail sales. In 2023, the direct tender segment is expected to dominate the sternal closure systems market with a 58.87% market share.

Major Players

Data Bridge Market Research recognizes the following companies as the market players in the Middle East and Africa Sternal Closure Systems market that include Griffts and Nielsen (U.K.), Stryker (U.S.), Johnson and Johnson Services Inc. (U.S.), B. Braun Melsungen AG (Germany), Peters Surgical (France), Zimmer Biomet (U.S.), Changzhou Watson Medical Appliance Co. Ltd (China), Auxein Medical Private Limited (India), Innovasis Inc. (U.S.), KLS Martin Group (Germany) among others.

Middle East and Africa Sternal Closure Systems Market

Market Development

  • In August 2022, B. Braun presented its engagement in Africa at the Citizens’ Festival of the Federal President 2022. The company presented how B. Braun promotes access to better healthcare in structurally poorer countries in Africa.
  • In March 2022, Péters Surgical participated in the SNITEM symposium on the new MD regulation. The company believes this as a dedication to the new MDR regulation on the medical devices being launched in the market.
  • In July 2020, Stryker launched an ambulatory surgery center-focused business in order to meet the ever-increasing demand for procedures by outpatient. This new business segment launched by the company increases its credibility in the market leading to increased demand and sales for its ambulatory surgery centers (ASCs) products in the future.
  • In December 2019, Johnson & Johnson Services, Inc. underwent a strategic collaboration agreement with Verb Surgical Inc. This agreement by the company has increased its credibility in the market.
  • In September 2019, Zimmer Biomet launched RibFix Advantage Intrathoracic Fixation System. The newly launched product by the company was the first and only FDA-cleared minimally invasive repair, recovery, and reconstruction device for rib fractures and osteotomy of regular and osteoporotic bones. This new product launched by the company has increased its demand and sales in the market.

Regional Analysis

Geographically, the countries covered in the Middle East and Africa sternal closure systems market report are Saudi Arabia, South Africa, U.A.E., Egypt, Israel, and the rest of the Middle East and Africa.

As per Data Bridge Market Research analysis:

South Africa is the dominant country in the Middle East and Africa sternal closure systems market during the forecast period of 2023-2030

South Africa is expected to dominate the Middle East and Africa sternal closure systems market owing to the higher level of investments by manufacturers and increasing application of sternal closure systems and will continue to flourish its dominance during the forecast period. This is due to the growing adoption of advanced technology and the launch of new technology in this region. Additionally, the increasing demand for sternal closure systems and advancement in the industries are expected to further enhance the market growth rate in this region.

For more detailed information about the Middle East and Africa sternal closure systems market report, click here – https://www.databridgemarketresearch.com/reports/middle-east-and-africa-sternal-closure-systems-market


Client Testimonials