About Sternum Saws
Sternum saw is a medical device which is used for cutting of bone during Median sternotomy. Particularly, during opening the patient’s chest by splitting the breastbone, or sternum. In this device, there is a usage of a blade saw for cutting purpose. Median sternotomy is a type of surgical procedure in which a vertical inline incision is made along the sternum, after which the sternum itself is divided, or breaks. Different types of sternum saws are available with different materials.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Different surgeries require the procedure of cutting bones for further procedures. The competition is increased due to the variety of product available in the market. The companies also merging and acquiring the firms to earn more profit and enhance technology and to get better business. The technological enhancement is the reason there is an increase in competition. Increasing surgical operation in the medical field growing demand for such medical devices. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Medtronic (Ireland), Ayun surgical (Turkey), Stryker (United States), Johnson & Johnson (United States), BD (United States), Cardinal Health (United States), Siemens Healthcare (Germany), Baxter (United States), BUSA Surgical Instrumentation and Brasseler USA (Georgia) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are CONMED Corporation (United States), Terumo Cardiovascular Group (United States), Microaire Surgical (United States), KUGEL medical GmbH (Germany), Shanghai LZQ Precision Tool Technology (China), Boston Scientific (United States), 3M healthcare (United States), Zimmer Biomet (Poland), B.Braun (Germany) and Judd Medical (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Sternum Saws market by Type (Battery Powered Sternum Saws, Electric Powered Sternum Saws and Pneumatic Powered Sternum Saws), Application (Cutting Bones and Median Sternotomy) and Region.
On the basis of geography, the market of Sternum Saws has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-User, the sub-segment i.e. Surgical centres will boost the Sternum Saws market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Material Stainless Steel will boost the Sternum Saws market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand For Single Use Sternum Saw Which Is Easy For Dispose, Highly Adopted By Professionals Due To Light Weight And Compact and Pre-Sterilised And Fully Charged, Devices
Market Growth Drivers:
Growing Use Of Healthcare Equipment In Healthcare Sector and Increasing No Of Heart And Chest Related Surgery Patients
Challenges:
Expensive Product and Charging Problems Are Seen In Electric Devices
Restraints:
Required Trained Professional To Handle The Device and Blades Are Harmful And Risky During Surgery
Opportunities:
Increasing Various Sternum Surgeries
Market Leaders and their expansionary development strategies
In December 2019 Medtronic plc and ChristianaCare announced a collaboration designed to improve outcomes for ChristianaCare patients in Delaware and the surrounding region. The five-year agreement will focus on developing value-based healthcare initiatives to help ChristianaCare apply the right medical technologies and therapies to patients who may benefit most, with shared financial accountability between ChristianaCare and Medtronic to improve patient outcomes while reducing the cost of care.
In January 2020 Medtronic announced that food and drug administration (FDA) approved Micra AV, Medtronic’s next generation of the world’s smallest pacemaker. The decision means many more patients who need pacing May now be candidates to receive that therapy from a leadless pacemaker. FDA approval of Micra AV expands the number of people who can receive leadless pacemaker therapy
FDA's legal authority to regulate both medical devices and electronic radiation-emitting products is the Federal Food Drug & Cosmetic Act (FD&C Act). The FD&C Act contains provisions, that is, regulatory requirements that define the FDA's level of control over these products. Code of Federal Regulations (CFR) is the final regulations codified in the CFR cover various aspects of design, clinical evaluation, manufacturing, packaging, and labelling and post-market surveillance of medical devices. Also, the regulations address standards and product reports that apply to radiation-emitting products.
Key Target Audience
Manufacturers, Wholesalers/suppliers/providers, Retailers, Hospitals, Clinical trial Centres, Research Centres and Government Centres
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.