Product Code: ETC6191122 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
This market in Australia is expanding due to increased incidences of sports injuries, osteoporosis, and degenerative bone conditions. Technological advancements in implants and minimally invasive surgeries contribute to better outcomes and patient satisfaction, boosting demand.
In Australia, the small bone and joint orthopedic devices market is expanding due to increased sports injuries, arthritis prevalence, and a rising elderly population. Technological innovations, including 3D printing and bioresorbable implants, are transforming treatment outcomes. Minimally invasive surgical options are also gaining popularity among both patients and surgeons.
This market is challenged by high development and approval costs, especially for customized implants. Reimbursement constraints, long approval times, and increasing pressure to demonstrate value-based outcomes limit the growth of small bone orthopedic devices.
With the rise in sports injuries, osteoarthritis, and aging-related bone issues, the market for small bone and joint orthopedic devices is on an upward trajectory in Australia. Investors can focus on innovative implant materials, 3D printed orthopedic solutions, and minimally invasive surgical tools. Partnerships with hospitals and orthopedic clinics, coupled with tele-rehabilitation services, can provide a strong distribution and usage base.
Orthopedic devices for small bones and joints fall under TGA regulation for Class IIb and Class III medical devices. Government funding through Medicare and the Pharmaceutical Benefits Scheme (PBS) also affects market dynamics by influencing procedure accessibility. Moreover, investments in digital health and robotic surgery technologies further promote the use of minimally invasive orthopedic solutions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Small Bone and Joint Orthopedic Devices Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Small Bone and Joint Orthopedic Devices Market - Industry Life Cycle |
3.4 Australia Small Bone and Joint Orthopedic Devices Market - Porter's Five Forces |
3.5 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Australia Small Bone and Joint Orthopedic Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of musculoskeletal disorders in Australia |
4.2.2 Technological advancements in small bone and joint orthopedic devices |
4.2.3 Growing geriatric population in Australia requiring orthopedic interventions |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for product approval in the orthopedic devices market |
4.3.2 High cost associated with orthopedic procedures and devices |
4.3.3 Limited reimbursement options for orthopedic devices in Australia |
5 Australia Small Bone and Joint Orthopedic Devices Market Trends |
6 Australia Small Bone and Joint Orthopedic Devices Market, By Types |
6.1 Australia Small Bone and Joint Orthopedic Devices Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By Shoulder Reconstruction Devices, 2021- 2031F |
6.1.4 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By Foot and Ankle, 2021- 2031F |
6.1.5 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By External Fixation Devices, 2021- 2031F |
6.1.6 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By Plate and Screws, 2021- 2031F |
6.1.7 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By Joint Prosthesis, 2021- 2031F |
6.1.8 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Small Bone and Joint Orthopedic Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By Foot, 2021- 2031F |
6.2.3 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By Hand, 2021- 2031F |
6.3 Australia Small Bone and Joint Orthopedic Devices Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By Clinics, 2021- 2031F |
6.3.4 Australia Small Bone and Joint Orthopedic Devices Market Revenues & Volume, By ASCs, 2021- 2031F |
7 Australia Small Bone and Joint Orthopedic Devices Market Import-Export Trade Statistics |
7.1 Australia Small Bone and Joint Orthopedic Devices Market Export to Major Countries |
7.2 Australia Small Bone and Joint Orthopedic Devices Market Imports from Major Countries |
8 Australia Small Bone and Joint Orthopedic Devices Market Key Performance Indicators |
8.1 Average waiting time for orthopedic procedures in Australia |
8.2 Adoption rate of minimally invasive orthopedic procedures |
8.3 Number of orthopedic surgeons per capita in Australia |
9 Australia Small Bone and Joint Orthopedic Devices Market - Opportunity Assessment |
9.1 Australia Small Bone and Joint Orthopedic Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia Small Bone and Joint Orthopedic Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Australia Small Bone and Joint Orthopedic Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Australia Small Bone and Joint Orthopedic Devices Market - Competitive Landscape |
10.1 Australia Small Bone and Joint Orthopedic Devices Market Revenue Share, By Companies, 2024 |
10.2 Australia Small Bone and Joint Orthopedic Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |