Regional Market Analysis: North America’s Dominance
North America currently holds the largest share of the sternal closure systems market, accounting for approximately 45% of global revenue. This dominance is attributed to a well-established healthcare infrastructure, high healthcare spending, and a large number of hospitals that have adopted advanced robotic and minimally invasive surgical technologies. Insights into regional market dynamics and growth drivers can be found in the Sternal Closure Systems Market study.
People also ask: Which region has the largest market for sternal closure? Why is the US market so large? The high prevalence of coronary artery disease in the United States and the presence of major industry players like Medtronic and Stryker are key factors. Additionally, favorable reimbursement policies for cardiac surgeries encourage the use of premium closure systems.
Meanwhile, the Asia-Pacific region is expected to witness the highest growth rate during the forecast period. Rapidly improving healthcare facilities in China and India, combined with a massive patient pool and increasing medical tourism, are making this region a primary focus for international device manufacturers seeking to expand their footprint.
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