Market revenue in 2024 | USD 101.8 million |
Market revenue in 2030 | USD 171.2 million |
Growth rate | 9.1% (CAGR from 2025 to 2030) |
Largest segment | Outsource |
Fastest growing segment | Outsource |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | In-house, Outsource |
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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 medical device regulatory affairs market will help companies and investors design strategic landscapes.
Outsource was the largest segment with a revenue share of 65.32% in 2024. Horizon Databook has segmented the Australia medical device regulatory affairs market based on in-house, outsource covering the revenue growth of each sub-segment from 2018 to 2030.
There is a high demand for a wide range of medical equipment in Australia. The market is very competitive and mature. The country's population expects superior-quality medical treatments, and there is a constant need for state-of-the-art medical products. The demand for medical products and other healthcare services is projected to increase, owing to continuous technological developments, rapidly aging population, increasing burden of chronic diseases, and growing individual income.
Australia has one of the longest life expectancies across the globe & the demand for medical devices is expected to grow with an increase in the geriatric population. Opportunities exist for products that can provide a significant improvement in clinical outcomes.
There is also growing demand for products that aid faster recovery, reduce hospitalization & rehabilitation costs, and manage chronic diseases. These factors are anticipated to boost the demand for regulatory affairs services for medical devices in Australia, which is expected to make the market in Australia competitive.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia medical device regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into Australia medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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