Australia Biomaterials Market Size & Outlook, 2023-2030
Australia biomaterials market, 2018-2030 (US$M)
Related Markets
Australia biomaterials market highlights
- The Australia biomaterials market generated a revenue of USD 5,321.9 million in 2023 and is expected to reach USD 16,473.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 17.5% from 2024 to 2030.
- In terms of segment, metallic was the largest revenue generating product in 2023.
- Natural is the most lucrative product segment registering the fastest growth during the forecast period.
Biomaterials market data book summary
| Market revenue in 2023 | USD 5,321.9 million |
| Market revenue in 2030 | USD 16,473.6 million |
| Growth rate | 17.5% (CAGR from 2023 to 2030) |
| Largest segment | Metallic |
| Fastest growing segment | Natural |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymers, Natural, Ceramics, Metallic |
| Key market players worldwide | Medtronic PLC, Evonik Industries AG, Carpenter Technology Corp, GNI Group Ltd, Invibio, Zimmer Biomet Holdings Inc, Basf SE, Covalon Technologies Ltd, Stryker Corp, Johnson & Johnson, Dentsply Sirona Inc, Corbion NV, CoorsTek |
Other key industry trends
- In terms of revenue, Australia accounted for 3.0% of the global biomaterials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan biomaterials market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 28,927.8 million by 2030.
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Biomaterials Market Scope
Biomaterials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia biomaterials 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 biomaterials market will help companies and investors design strategic landscapes.
Metallic was the largest segment with a revenue share of 39.74% in 2023. Horizon Databook has segmented the Australia biomaterials market based on polymers, natural, ceramics, metallic covering the revenue growth of each sub-segment from 2018 to 2030.
The growing prevalence of oral diseases, such as periodontal disease, oral cancer, halitosis, tooth decay, and dental caries, in Australia is driving demand for biomaterials, which is expected to propel the biomaterial market growth.
Furthermore, in Australia, as the population ages, there is an increase in need for biomaterials to treat conditions like osteoarthritis, spinal issues, and CVD. The Australian government is committed to encouraging the growth of the biomaterials industry.
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Target buyers of Australia biomaterials market databook
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Our clientele includes a mix of biomaterials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia biomaterials market , including forecasts for subscribers. This country databook contains high-level insights into Australia biomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia biomaterials market size, by product, 2018-2030 (US$M)
Australia Biomaterials Market Outlook Share, 2023 & 2030 (US$M)
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