Australia Surgical Stapling Devices Market Size & Outlook
Australia surgical stapling devices market, 2018-2030 (US$M)
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Australia surgical stapling devices market highlights
- The Australia surgical stapling devices market generated a revenue of USD 121.3 million in 2023 and is expected to reach USD 229.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 9.6% from 2024 to 2030.
- In terms of segment, manual was the largest revenue generating product in 2023.
- Powered is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical stapling devices market data book summary
| Market revenue in 2023 | USD 121.3 million |
| Market revenue in 2030 | USD 229.8 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Manual |
| Fastest growing segment | Powered |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powered, Manual |
| Key market players worldwide | Johnson & Johnson, Medtronic PLC, Smith & Nephew PLC, B. Braun, Intuitive Surgical Inc, 3M Co, Conmed Corp, BD, BioPro, Frankenman International |
Other key industry trends
- In terms of revenue, Australia accounted for 2.3% of the global surgical stapling devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan surgical stapling devices market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 175.1 million by 2030.
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Surgical Stapling Devices Market Scope
Surgical Stapling Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia surgical stapling devices 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 surgical stapling devices market will help companies and investors design strategic landscapes.
Manual was the largest segment with a revenue share of 68.34% in 2023. Horizon Databook has segmented the Australia surgical stapling devices market based on powered, manual covering the revenue growth of each sub-segment from 2018 to 2030.
With ongoing developments in medical technology, rising burden of chronic diseases, aging population, growing income, and shifting consumer expectations, it is anticipated that demand for medical products including surgical stapling devices and healthcare services will increase across the board for all age groups.
Australians have one of the highest life expectancies in the world, ranking sixth among OECD nations. As Australia's aging population increasingly relies on the health system for care, the market demand will continue to rise.
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Target buyers of Australia surgical stapling devices market databook
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Our clientele includes a mix of surgical stapling devices 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 surgical stapling devices market , including forecasts for subscribers. This country databook contains high-level insights into Australia surgical stapling devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia surgical stapling devices market size, by product, 2018-2030 (US$M)
Australia Surgical Stapling Devices Market Outlook Share, 2023 & 2030 (US$M)
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