Australia Cerumen Removal Market Size & Outlook, 2023-2030
Australia cerumen removal market, 2018-2030 (US$M)
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Australia cerumen removal market highlights
- The Australia cerumen removal market generated a revenue of USD 32.6 million in 2023 and is expected to reach USD 47.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
Cerumen removal market data book summary
| Market revenue in 2023 | USD 32.6 million |
| Market revenue in 2030 | USD 47.7 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HOSPITALS, OUTPATIENT FACILITIES |
| Key market players worldwide | Medline Industries, Henry Schein Inc, McKesson Corp, Cardinal Health Inc, Owens & Minor Inc, Cipla Ltd DR, GlaxoSmithKline, Open Text Corp, Eosera, Target |
Other key industry trends
- In terms of revenue, Australia accounted for 1.4% of the global cerumen removal market in 2023.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India cerumen removal market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 98.0 million by 2030.
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Cerumen Removal Market Scope
Cerumen Removal Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia cerumen removal 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 cerumen removal market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 88.34% in 2023. Horizon Databook has segmented the Australia cerumen removal market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
According to a study published in Australian Journal of Otolaryngology in 2020, about 6% to 20% of population suffers from cerumen impaction in Australia. Higher rates are observed in the elderly people and those with disabilities.
Therefore, with rising geriatric population, the prevalence of cerumen impaction is increasing, thereby raising the demand for cerumen removal tools and products. In addition, there is growing number of cerumenolytic agents currently available in the market, which are used for treating cerumen impaction.
Furthermore, interest in OTC cerumenolytics has remained steady because of patient comfort, which impels market growth. With the availability of many different types of eardrops, such as Clean Ears, Wax sol, & Ear clear, there is increased demand for treating cerumen impaction.
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Our clientele includes a mix of cerumen removal market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia cerumen removal market , including forecasts for subscribers. This country databook contains high-level insights into Australia cerumen removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia cerumen removal market size, by end use, 2018-2030 (US$M)
Australia Cerumen Removal Market Outlook Share, 2023 & 2030 (US$M)
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