Australia Smart Orthopedic Implants Market Size & Outlook
Australia smart orthopedic implants market, 2018-2030 (US$M)
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Australia smart orthopedic implants market highlights
- The Australia smart orthopedic implants market generated a revenue of USD 722.4 million in 2022 and is expected to reach USD 1,148.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 6% from 2023 to 2030.
- In terms of segment, knee was the largest revenue generating application in 2022.
- Hip is the most lucrative application segment registering the fastest growth during the forecast period.
Smart orthopedic implants market data book summary
| Market revenue in 2022 | USD 722.4 million |
| Market revenue in 2030 | USD 1,148.6 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Knee |
| Fastest growing segment | Hip |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Knee, Hip |
| Key market players worldwide | Zimmer Biomet Holdings Inc, Stryker Corp |
Other key industry trends
- In terms of revenue, Australia accounted for 2.9% of the global smart orthopedic implants market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan smart orthopedic implants 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 1,063.1 million by 2030.
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Smart Orthopedic Implants Market Scope
Smart Orthopedic Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia smart orthopedic implants 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 smart orthopedic implants market will help companies and investors design strategic landscapes.
Knee was the largest segment with a revenue share of 47.09% in 2022. Horizon Databook has segmented the Australia smart orthopedic implants market based on knee, hip covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of smart orthopedic implants 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 smart orthopedic implants market , including forecasts for subscribers. This country databook contains high-level insights into Australia smart orthopedic implants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia smart orthopedic implants market size, by application, 2018-2030 (US$M)
Australia Smart Orthopedic Implants Market Outlook Share, 2022 & 2030 (US$M)
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