Australia Orthopedic Power Tools Market Size & Outlook

The orthopedic power tools market in Australia is expected to reach a projected revenue of US$ 36.2 million by 2030. A compound annual growth rate of 6% is expected of Australia orthopedic power tools market from 2024 to 2030.
Revenue, 2023 (US$M)
$24.1
Forecast, 2030 (US$M)
$36.2
CAGR, 2024 - 2030
6%
Report Coverage
Australia

Australia orthopedic power tools market, 2018-2030 (US$M)

Australia

Australia orthopedic power tools market highlights

  • The Australia orthopedic power tools market generated a revenue of USD 24.1 million in 2023 and is expected to reach USD 36.2 million by 2030.
  • The Australia market is expected to grow at a CAGR of 6% from 2024 to 2030.
  • In terms of segment, others (accessories and reamers) was the largest revenue generating product in 2023.
  • Large bone orthopedic power tools is the most lucrative product segment registering the fastest growth during the forecast period.


Orthopedic power tools market data book summary

Market revenue in 2023USD 24.1 million
Market revenue in 2030USD 36.2 million
Growth rate6% (CAGR from 2023 to 2030)
Largest segmentOthers (accessories and reamers)
Fastest growing segmentLarge bone orthopedic power tools
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLarge bone orthopedic power tools, High-speed orthopedic power tools, Small bone orthopedic power tools, Others (Accessories and reamers)
Key market players worldwideStryker Corp, Conmed Corp, Medtronic PLC, Johnson & Johnson, B. Braun Medical, Zimmer Biomet Holdings Inc, Nakanishi Inc, Shanghai Bojin Medical Instrument, Richard Wolf, DIMEDA, Arbutus Medical, medical bees, Arthrex, GPC Medical, Auxein Medical, De Soutter Medical Limited, MicroAire, Kaiser Medical Group


Other key industry trends

  • In terms of revenue, Australia accounted for 1.4% of the global orthopedic power tools market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan orthopedic power tools 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 83.0 million by 2030.

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Australia orthopedic power tools market size, by product, 2018-2030 (US$M)

Australia Orthopedic Power Tools Market outlook Share, 2023 & 2030 (US$M)

Australia orthopedic power tools market size, by product, 2018-2030 (US$M)

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