Australia Surgical Sutures Market Size & Outlook

The surgical sutures market in Australia is expected to reach a projected revenue of US$ 54.2 million by 2030. A compound annual growth rate of 5% is expected of Australia surgical sutures market from 2024 to 2030.

Revenue, 2023 (US$M)
$38.6
Forecast, 2030 (US$M)
$54.2
CAGR, 2024 - 2030
5%
Report Coverage
Australia

Australia surgical sutures market highlights

  • The Australia surgical sutures market generated a revenue of USD 38.6 million in 2023 and is expected to reach USD 54.2 million by 2030.
  • The Australia market is expected to grow at a CAGR of 5% from 2024 to 2030.
  • In terms of segment, absorbable was the largest revenue generating type in 2023.
  • Absorbable is the most lucrative type segment registering the fastest growth during the forecast period.


Surgical sutures market data book summary

Market revenue in 2023USD 38.6 million
Market revenue in 2030USD 54.2 million
Growth rate5% (CAGR from 2023 to 2030)
Largest segmentAbsorbable
Fastest growing segmentAbsorbable
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAbsorbable, Non-absorbable
Key market players worldwideMedtronic PLC, Johnson & Johnson, B. Braun, Smith & Nephew PLC, Integra LifeSciences, Conmed Corp


Other key industry trends

  • In terms of revenue, Australia accounted for 0.8% of the global surgical sutures market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China surgical sutures market is projected to lead the regional market in terms of revenue in 2030.
  • Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 54.5 million by 2030.

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Surgical Sutures Market Companies

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Australia surgical sutures 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 sutures market will help companies and investors design strategic landscapes.


Absorbable was the largest segment with a revenue share of 60.1% in 2023. Horizon Databook has segmented the Australia surgical sutures market based on absorbable, non-absorbable covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Australia surgical sutures market databook

  • Our clientele includes a mix of surgical sutures market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia surgical sutures market , including forecasts for subscribers. This country databook contains high-level insights into Australia surgical sutures market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia surgical sutures market size, by type, 2018-2030 (US$M)

Australia Surgical Sutures Market Outlook Share, 2023 & 2030 (US$M)

Australia surgical sutures market size, by type, 2018-2030 (US$M)

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