Australia Artificial Organs And Bionics Market Size & Outlook

The artificial organs and bionics market in Australia is expected to reach a projected revenue of US$ 1,958.9 million by 2030. A compound annual growth rate of 11.3% is expected of Australia artificial organs and bionics market from 2023 to 2030.
Revenue, 2022 (US$M)
$832.8
Forecast, 2030 (US$M)
$1,958.9
CAGR, 2023 - 2030
11.3%
Report Coverage
Australia

Australia artificial organs and bionics market, 2018-2030 (US$M)

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Australia artificial organs and bionics market, 2018-2030 (US$M)

Australia artificial organs and bionics market highlights

  • The Australia artificial organs and bionics market generated a revenue of USD 832.8 million in 2022 and is expected to reach USD 1,958.9 million by 2030.
  • The Australia market is expected to grow at a CAGR of 11.3% from 2023 to 2030.
  • In terms of segment, artificial organ was the largest revenue generating product in 2022.
  • Artificial bionics is the most lucrative product segment registering the fastest growth during the forecast period.

Artificial organs and bionics market data book summary

Market revenue in 2022USD 832.8 million
Market revenue in 2030USD 1,958.9 million
Growth rate11.3% (CAGR from 2022 to 2030)
Largest segmentArtificial organ
Fastest growing segmentArtificial bionics
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationArtificial Organ, Artificial bionics
Key market players worldwideZimmer Biomet Holdings Inc, Boston Scientific Corp, Cochlear Ltd, Edwards Lifesciences Corp, Ekso Bionics Holdings Inc, Medtronic PLC, Symbotic Inc Ordinary Shares - Class A, Johnson & Johnson, Berlin Heart GmbH, SynCardia Systems

Other key industry trends

  • In terms of revenue, Australia accounted for 2.4% of the global artificial organs and bionics market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China artificial organs and bionics 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 2,972.3 million by 2030.

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Artificial Organs And Bionics Market Companies

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Australia artificial organs and bionics 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 artificial organs and bionics market will help companies and investors design strategic landscapes.


Artificial organ was the largest segment with a revenue share of 70.61% in 2022. Horizon Databook has segmented the Australia artificial organs and bionics market based on artificial organ, artificial bionics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia Artificial Organs And Bionics Product Outlook (Revenue, USD Million, 2018-2030)
    • Artificial Organ
      • Kidney
      • Heart
      • Liver
      • Lungs
      • Pancreas
    • Artificial bionics
      • Cochlear implants
      • Exoskeleton
      • Bionic limbs
      • Vision bionics
      • Brain bionics
  • Australia Artificial Organs And Bionics Technology Outlook (Revenue, USD Million, 2018-2030)
    • Mechanical
    • Electronic

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Horizon Databook provides a detailed overview of country-level data and insights on the Australia artificial organs and bionics market, including forecasts for subscribers. This country databook contains high-level insights into Australia artificial organs and bionics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia artificial organs and bionics market size, by product, 2018-2030 (US$M)

Australia Artificial Organs And Bionics Market Share, 2022 & 2030 (US$M)

Australia artificial organs and bionics market size, by product, 2018-2030 (US$M)

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