Australia First Aid Market Size & Outlook, 2023-2030
Australia first aid market, 2018-2030 (US$M)
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Australia first aid market highlights
- The Australia first aid market generated a revenue of USD 102.7 million in 2023 and is expected to reach USD 147.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, first aid supplies - workplace was the largest revenue generating type in 2023.
- Automated External Defibrillators is the most lucrative type segment registering the fastest growth during the forecast period.
First aid market data book summary
| Market revenue in 2023 | USD 102.7 million |
| Market revenue in 2030 | USD 147.1 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | First aid supplies - workplace |
| Fastest growing segment | Automated External Defibrillators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | First Aid Supplies - Workplace, First Aid Supplies - Consumer, First Aid Room Equipment, Sports Care/Braces, Medicinal products, Topicals, First Aid Training products, Automated External Defibrillators |
| Key market players worldwide | 3M Co, Johnson & Johnson, Coloplast A/S ADR, Stryker Corp, Smith & Nephew PLC, ConvaTec Group PLC, Hartmann Holdings |
Other key industry trends
- In terms of revenue, Australia accounted for 2.2% of the global first aid market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India first aid 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 205.2 million by 2030.
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First Aid Market Scope
First Aid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia first aid 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 first aid market will help companies and investors design strategic landscapes.
First aid supplies - workplace was the largest segment with a revenue share of 27.65% in 2023. Horizon Databook has segmented the Australia first aid market based on first aid supplies - workplace, first aid supplies - consumer, first aid room equipment, sports care/braces, medicinal products, topicals, first aid training products, automated external defibrillators covering the revenue growth of each sub-segment from 2018 to 2030.
Australia depends majorly on import of medical devices from other developed economies, such as Japan and the U.S. The Australian medical device market is governed by the Therapeutic Goods Administration (TGA). Various initiatives undertaken by the Australian government are further expected to boost market growth. For instance, Safe Work Australia introduced First Aid in the Workplace Code of Practice in 2012.
This Code is intended to serve as a practical guide to assist Australian businesses in meeting the health, safety, and welfare requirements mandated by the Work Health and Safety Act (WHS Act), as well as the Work Health and Safety Regulations. Furthermore, the Australian market is mature and receptive toward new technologies, resulting in faster adoption of advanced products and the presence of various top players, such as Aero Healthcare.
As per SA Ambulance Service (SAAS), a government agency, about 30,000 Australians suffer from cardiac arrests annually. For every minute of delay in providing defibrillation, the chances of the person suffering from a cardiac arrest decrease by 10%. The SAAS recommends the use of a defibrillator as early as possible to increase the person’s chances of survival.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia first aid market , including forecasts for subscribers. This country databook contains high-level insights into Australia first aid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia first aid market size, by type, 2018-2030 (US$M)
Australia First Aid Market Outlook Share, 2023 & 2030 (US$M)
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