Australia Custom Procedure Kits Market Size & Outlook
Related Markets
Australia custom procedure kits market highlights
- The Australia custom procedure kits market generated a revenue of USD 161.3 million in 2022 and is expected to reach USD 369.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.9% from 2023 to 2030.
- In terms of segment, disposable was the largest revenue generating product in 2022.
- Reusable is the most lucrative product segment registering the fastest growth during the forecast period.
Custom procedure kits market data book summary
| Market revenue in 2022 | USD 161.3 million |
| Market revenue in 2030 | USD 369.6 million |
| Growth rate | 10.9% (CAGR from 2022 to 2030) |
| Largest segment | Disposable |
| Fastest growing segment | Reusable |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable, Reusable |
| Key market players worldwide | Medline Industries, Teleflex Inc, Owens & Minor Inc, Medtronic PLC, Cardinal Health Inc, McKesson Corp, Smiths Group PLC, Terumo Corp, Mölnlycke Health Care, Santen Pharmaceutical Co Ltd |
Other key industry trends
- In terms of revenue, Australia accounted for 2.2% of the global custom procedure kits market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan custom procedure kits market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 764.7 million by 2030.
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Custom Procedure Kits Market Scope
Custom Procedure Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Santen Pharmaceutical Co Ltd | View profile | 1807 | Grand Front Osaka Tower A, 4-20 Ofuka-cho, Kita-ku, Osaka, Japan, 530-8552 | http://www.santen.co.jp |
| Owens & Minor Inc | View profile | 13700 | 9120 Lockwood Boulevard, Mechanicsville, VA, United States, 23116 | https://www.owens-minor.com |
| Medline Industries | View profile | 10001+ | Mundelein, Illinois, United States, North America | http://www.medline.com/home.jsp |
| Mölnlycke Health Care | View profile | 11-50 | Budapest, Budapest, Hungary, Europe | https://www.molnlycke.hu |
| Smiths Group PLC | View profile | 15000 | 11-12 St James’s Square, 4th Floor, London, United Kingdom, SW1Y 4LB | https://www.smiths.com |
| Cardinal Health Inc | View profile | 48000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | https://www.cardinalhealth.com |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| McKesson Corp | View profile | 51000 | 6555 State Highway 161, Irving, TX, United States, 75039 | https://www.mckesson.com |
| Teleflex Inc | View profile | 14500 | 550 East Swedesford Road, Suite 400, Wayne, PA, United States, 19087 | https://www.teleflex.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
Australia custom procedure kits market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to custom procedure kits market will help companies and investors design strategic landscapes.
Disposable was the largest segment with a revenue share of 57.1% in 2022. Horizon Databook has segmented the Australia custom procedure kits market based on disposable, reusable covering the revenue growth of each sub-segment from 2018 to 2030.
When compared to other Asian countries, except Japan, Australia's healthcare industry is highly efficient and well-developed. Major factors projected to fuel growth in Australia over the forecast period are increase in hospitalization rate and rise in healthcare expenditure.
According to research published by Australian Institute of Health and Welfare in 2021, over 11.1 million individuals were admitted to hospitals in Australia between 2019 and 2020.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia custom procedure kits market , including forecasts for subscribers. This country databook contains high-level insights into Australia custom procedure kits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia custom procedure kits market size, by procedure, 2018-2030 (US$M)
Australia Custom Procedure Kits Market Outlook Share, 2022 & 2030 (US$M)
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