Top 11 Sternal Closure Systems in the World

Healthcare

Top 11 Sternal Closure Systems in the World

The global sternal closure systems market is expected to exhibit a growth rate (CAGR) of 4.58% during 2024-2032. As per the analysis by IMARC Group, the leading companies in the sternal closure systems market are focusing on developing innovative products and technologies that offer improved patient outcomes and enhance the efficiency of surgical procedures. They are also expanding their product portfolios through acquisitions and partnerships with other companies in the industry. Apart from this, key market players are expanding their existing market share through increasing funding on marketing and distribution efforts. They are also building strong relationships with healthcare providers and payers to ensure the adoption and reimbursement of their products. Moreover, they are extensively investing in research and development (R&D) activities to drive continuous innovation and differentiation in their product offerings.

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List of Top Companies Operating in the Sternal Closure Systems Industry Worldwide:

The global sternal closure systems market has several major players, including Abyrx, Inc., Acute Innovations (Acumed LLC), B. Braun Group, IDEAR SRL, Jace Medical LLC, JEIL MEDICAL CORPORATION, Johnson & Johnson Services, Inc., Kinamed Inc., KLS Martin, L.P., Orthofix, and Zimmer Biomet. More information about these companies has been provided below.

1. Abyrx, Inc.

Establishment:

2013

Headquarters:

New York, United States

Website:

https://www.abyrx.com/


Abyrx, Inc. is a pharmaceutical company that develops, manufactures, and provides therapeutic devices for use during surgical procedures. It offers first-in-class material science platform with a special focus on therapeutic devices for use during surgical procedures. Its product line includes osteoinductive settable bone putty, fixation hardware (intraoperatively shaped), soft tissue hemostat/adhesive, and local drug delivery. In the bone putty segment, the company facilitates water-soluble hemostatic bone putty, bone putty with a syringe applicator, hemostatic bone putty containing HA/β-TCP, and settable, resorbable bone putty. 

2. Acute Innovations (Acumed LLC)

Establishment:

1988

Headquarters:

Hillsboro, United States

Website:

https://www.acumed.net/#acuteinnovations


Acute Innovations is a subsidiary of Acumed LLC, a medical device company that designs, manufactures, and markets orthopedic implants and surgical instruments. It offers a wide range of products, including fracture fixation devices, joint reconstruction implants, and arthroscopic surgery tools. It offers products for various surgical specialties, including trauma, orthopedics, and neurosurgery. It strongly commits to research and development and invests heavily in new technologies and product innovation. It is also committed to innovation and the advancement of medicine through the support of research endeavors in orthopedics and other related medical specialties.

3. B. Braun Group

Establishment:

1839

Headquarters:

Melsungen, Germany

Website:

https://www.bbraun.com/


B. Braun Group is a medical and pharmaceutical device company that specializes in developing, manufacturing, and distributing a wide range of healthcare products and services worldwide. It offers a broad portfolio of products and services, including infusion therapy, clinical nutrition, anesthesia, intensive care, and dialysis. Its products are used in hospitals, clinics, and other healthcare facilities, and they serve a variety of medical specialties. It also places a high priority on sustainability and environmental responsibility, and it is implementing a number of initiatives to reduce its environmental impact and improve its social and ethical performance.

4. IDEAR SRL

Establishment:

2005

Headquarters:

Buenos Aires, Argentina

Website:

https://www.idearsrl.com.ar/


IDEAR SRL is a research and development (R&D) company of implantable medical products with origins in orthopedics and traumatology. It is known for creating new designs in osteosynthesis, oncological modular prostheses, orthotics, bone substitutes, and neurosurgery performing cranioplasty using 3D technology. It also offers a broad portfolio of products, including cardiac surgery, thoracic surgery, spine surgery, neurosurgery, oncology, maxillofacial surgery, orthopedic surgery, and osteointegration. The company is also linked with the community of health professionals to improve the quality of life of their patients.

5. Jace Medical LLC

Establishment:

2013

Headquarters:

Indiana, USA

Website:

https://jasemedical.com/


Jace Medical LLC is a medical device company that specializes in the design, development, and manufacture of surgical implants and instruments for spine surgery. Its products are designed to address a variety of spinal conditions, including degenerative disc disease, spinal stenosis, and spinal deformities. Its product line includes spinal implants, such as screws, rods, plates, and surgical instruments used to perform spinal surgeries. It strongly focuses on innovations and invests heavily in research and development (R&D) to bring new technologies and products to market.

6. JEIL MEDICAL CORPORATION

Establishment:

1990

Headquarters:

Seoul, South Korea

Website:

https://jeilmed.co.kr/


JEIL MEDICAL CORPORATION is a medical device company that specializes in developing, manufacturing, and distributing of a wide range of medical devices, including cardiovascular products, neurovascular products, and stent grafts. Its product line includes vascular stents, embolization coils, cerebral aneurysm clips, and other specialized devices used to treat complex medical conditions. Its products are used in a variety of medical specialties, including interventional cardiology, interventional radiology, and neurosurgery. The company places a high priority on quality and safety and works closely with regulatory agencies to ensure that its products meet the highest standards of performance and reliability.

7. Johnson & Johnson Services, Inc.

Establishment:

1886

Headquarters:

New Jersey, US

Website:

https://www.jnj.com/


Johnson & Johnson Services, Inc. is a multinational corporation that specializes in healthcare products and services. Its business is divided into three segments, namely pharmaceuticals, medical devices, and consumer health products. It is also committed to corporate social responsibility and sustainability and established a number of programs and initiatives to promote environmental stewardship, social responsibility, and ethical business practices.

8. Kinamed Inc. 

Establishment:

1987

Headquarters:

California, USA

Website:

https://www.kinamed.com/


Kinamed Inc. is a medical device company that specializes in designing, developing, and manufacturing implants and instruments for orthopedic and neurosurgical procedures. It offers a wide range of products associated with orthopedic, cardiothoracic, and neurosurgical surgeries, which are used in a variety of medical specialties, including orthopedics, spine surgery, and neurosurgery. The company has a strong commitment to customer service, and it works closely with its customers to provide personalized support and assistance.

9. KLS Martin, L.P.

Establishment:

1896

Headquarters:

Jacksonville, Florida

Website:

https://www.klsmartin.com/


KLS Martin, LP is a medical device company that manufactures surgical instruments and medical devices for a wide range of surgical specialties. It operates in six disciplines, including cardiac, thoracic, facial, dental, neuro, and plastic surgeries. Its product line includes implants like CMF, dental, thoracic, traumatology, hand, allograft, and individual patient solution. With over 15,000 employees worldwide, KLS Martin, L.P operates in over 140 countries and is a leading supplier of medical technology solutions for approximately all surgical fields

10. Orthofix US LLC

Establishment:

2003

Headquarters:

Lewisville, Texas

Website:

http://www.orthofix.com/


Orthofix US LLC is one of the leading medical companies that operates in three business segments, namely, spine solutions, orthopedic solutions, and surgeon resources. It recently merged with SeaSpine to offer a comprehensive portfolio of biologics, innovative spinal hardware, bone growth therapies, specialized orthopedic solutions, and a leading surgical navigation system. It focuses on spinal product innovation and surgeon education, with an emphasis on product innovation, production, and medical education for orthopedics. At present, its products are distributed in 68 countries worldwide.

11. Zimmer, Inc.

Establishment:

2015

Headquarters:

Indiana, United States

Website:

https://www.zimmerbiomet.com/


Zimmer, Inc. is a global medical device company that designs, develops, manufactures, and markets orthopedic reconstructive products, spinal and trauma devices, dental implants, and related surgical products. It currently operates in more than 25 countries around the world. It aims to alleviate pain and improve the quality of life for people around the world. It also provides an interactive learning environment for enhancing education and training and delivering personalized experiences to improve clinical outcomes.

About Author:

Anushka Bhattacharya

Editor and Writer at IMARC Services Pvt Ltd. 

Anushka Bhattacharya is an editor and content writer for a market research and business consultancy company, IMARC Services Pvt. Ltd. Anushka holds a Master's degree in Commerce and has been writing and editing long-form content for 4 years covering diverse business areas such as healthcare, digital marketing, sports equipment, home appliances, social media promotion, and clothing. Her mission to educate business owners in all aspects of market analysis flows through the expert industry coverage she provides. When not writing or editing files, you will find her sketching, exploring heritage and historic places, or cooking. 

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