In 2022, a value of USD 2,212.3 million was accounted for by the sternal closure systems market, which is set to advance at a CAGR of 5.2% from 2022 to 2030, to touch USD 3,323.4 million by 2030, according to P&S Intelligence. This is credited to the growing usage of innovative sternal closure systems, escalating count of cardiothoracic surgeries, and increasing older population globally.

The market is essentially expected to grow as a result of the rapid pace of technical advancements, which include the use of biocompatible polymers, such as pre-sternotomy plates, minimally invasive median sternotomy procedures, and PEEK and Kryptonite bone cement.