Australia Suture Anchor Devices Market Size & Outlook

The suture anchor devices market in Australia is expected to reach a projected revenue of US$ 26.3 million by 2030. A compound annual growth rate of 3% is expected of Australia suture anchor devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$21.4
Forecast, 2030 (US$M)
$26.3
CAGR, 2024 - 2030
3%
Report Coverage
Australia

Australia suture anchor devices market, 2018-2030 (US$M)

Australia

Australia suture anchor devices market highlights

  • The Australia suture anchor devices market generated a revenue of USD 21.4 million in 2023 and is expected to reach USD 26.3 million by 2030.
  • The Australia market is expected to grow at a CAGR of 3% from 2024 to 2030.
  • In terms of segment, non-absorbable was the largest revenue generating by product in 2023.
  • Absorbable is the most lucrative by product segment registering the fastest growth during the forecast period.

Suture anchor devices market data book summary

Market revenue in 2023USD 21.4 million
Market revenue in 2030USD 26.3 million
Growth rate3% (CAGR from 2023 to 2030)
Largest segmentNon-absorbable
Fastest growing segmentAbsorbable
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAbsorbable, Non-Absorbable
Key market players worldwideSmith & Nephew PLC, Zimmer Biomet Holdings Inc, Conmed Corp, DePuy Synthes, Stryker Corp, Anika Therapeutics Inc, Enovis Corp, Arthrex, Orthomed

Other key industry trends

  • In terms of revenue, Australia accounted for 2.7% of the global suture anchor devices market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China suture anchor devices market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 67.7 million by 2030.

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Suture Anchor Devices Market Companies

Name Profile # Employees HQ Website

Australia suture anchor 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 suture anchor devices market will help companies and investors design strategic landscapes.


Non-absorbable was the largest segment with a revenue share of 54.21% in 2023. Horizon Databook has segmented the Australia suture anchor devices market based on absorbable, non-absorbable covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia Suture Anchor Devices By product Outlook (Revenue, USD million, 2018-2030)
    • Absorbable
    • Non-Absorbable
  • Australia Suture Anchor Devices By material Outlook (Revenue, USD million, 2018-2030)
    • Metallic Suture Anchor
    • Bio-absorbable Suture Anchor
    • Others
  • Australia Suture Anchor Devices By Typing Outlook (Revenue, USD million, 2018-2030)
    • Knotted Suture Anchors
    • Knotless
  • Australia Suture Anchor Devices End Use Outlook (Revenue, USD million, 2018-2030)
    • Hospitals
    • Ambulaory Surgical Centers
    • Clinics

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Target buyers of Australia suture anchor devices market databook

  • Our clientele includes a mix of suture anchor 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 suture anchor devices market , including forecasts for subscribers. This country databook contains high-level insights into Australia suture anchor devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia suture anchor devices market size, by by product, 2018-2030 (US$M)

Australia Suture Anchor Devices Market Outlook Share, 2023 & 2030 (US$M)

Australia suture anchor devices market size, by by product, 2018-2030 (US$M)

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