Australia Craniomaxillofacial Devices Market Size & Outlook
Australia craniomaxillofacial devices market, 2018-2030 (US$M)
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Australia craniomaxillofacial devices market highlights
- The Australia craniomaxillofacial devices market generated a revenue of USD 11.9 million in 2023 and is expected to reach USD 23.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, cmf plate and screw fixation was the largest revenue generating product in 2023.
- Temporomandibular Joint Replacement is the most lucrative product segment registering the fastest growth during the forecast period.
Craniomaxillofacial devices market data book summary
| Market revenue in 2023 | USD 11.9 million |
| Market revenue in 2030 | USD 23.9 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Cmf plate and screw fixation |
| Fastest growing segment | Temporomandibular Joint Replacement |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cranial Flap Fixation, CMF Distraction, Temporomandibular Joint Replacement, Thoracic Fixation, Bone Graft Substitute, CMF Plate and Screw Fixation |
| Key market players worldwide | DePuy Synthes, Stryker Corp, Medtronic PLC, B. Braun, Renishaw PLC, Medartis Holding AG Ordinary Shares, KLS Martin Group, Xilloc, Zimmer Biomet Holdings Inc, Synimed |
Other key industry trends
- In terms of revenue, Australia accounted for 0.6% of the global craniomaxillofacial devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China craniomaxillofacial devices 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 58.5 million by 2030.
Cmf plate and screw fixation was the largest segment with a revenue share of 72.27% in 2023. Horizon Databook has segmented the Australia craniomaxillofacial devices market based on cranial flap fixation, cmf distraction, temporomandibular joint replacement, thoracic fixation, bone graft substitute, cmf plate and screw fixation covering the revenue growth of each sub-segment from 2018 to 2030.
Technological advancements and product launches as a result of increasing cases of severe injuries in Australia are fueling market growth. Approximately 453 cases of severe head injuries were registered in the country in 2018, thereby boosting the demand for advanced treatment. In addition, the Australian medical industry provides good prospects for the U.S. exporters.
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Craniomaxillofacial Devices Market Scope
Craniomaxillofacial Devices Market Companies
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Australia craniomaxillofacial devices market size, by product, 2018-2030 (US$M)
Australia Craniomaxillofacial Devices Market Outlook Share, 2023 & 2030 (US$M)
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