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Report Overview
The Australia geriatric healthcare products market was valued at USD 8.97 Billion in 2025 and is expected to grow at a CAGR of 6.90%, reaching USD 17.48 Billion by 2035. The market growth is driven by the increasing elderly population and the rising prevalence of chronic diseases. Technological advancements in wearable devices, remote monitoring, and telehealth services are enhancing patient care. Government initiatives to strengthen aged care infrastructure, along with growing awareness of preventive healthcare, are expected to support market growth in the forecast period.
Key Market Trends and Insights
- By product type, mobility assistance aids are expected to lead the market during the forecast period.
- The diagnostic and monitoring segment held around 30% of the market share by application during the historical period.
- Based on technology, powered devices are anticipated to lead the market during the forecast period.
Market Size and Forecast
- Market Size (2025): USD 8.97 Billion
- Projected Market Size (2035): USD 17.48 Billion
- CAGR (2026-2035): 6.90%
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
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In June 2023, advancements in AI-based hearing aids and Bluetooth-enabled devices significantly enhanced speech clarity and user comfort for elderly individuals in Australia. Such innovations are propelling the growth of the geriatric healthcare products market.
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Several factors driving the growth in the market are a growing aging population, rising chronic disease prevalence, and increasing demand for advanced elderly care solutions, significantly boosting overall market growth.
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Market growth is further accelerated by continuous product innovation, strategic partnerships, and technological advancements introduced by leading industry players, focusing on improving accessibility and quality of geriatric healthcare solutions.
Compound Annual Growth Rate
6.9%
Value in USD Billion
2026-2035
*this image is indicative*
Australia Geriatric Healthcare Products Market Overview
Geriatric healthcare products are becoming increasingly important as the population ages, with seniors requiring specialized medical devices, mobility aids, and nutritional support to maintain quality of life. In Australia, the market was valued at USD 8.97 Billion in 2025 and is experiencing steady growth, driven by rising healthcare awareness, technological advancements in medical devices, and government support for elderly care programs.
Australia Geriatric Healthcare Products Market Growth Drivers
Rising Aging Population Driving Growth in the Market
The expanding elderly population in Australia is a significant driver for the geriatric healthcare products market. According to Australian Human Rights Commission, as of 2025, more than 16% of Australians were aged 65 and above, comprising approximately 2.2 million women and 2 million men. This demographic is projected to grow substantially, reaching nearly one in four Australians (or 4.5 million people) by 2066. The increasing prevalence of age-related health conditions and the growing demand for specialized healthcare solutions for older adults are expected to fuel market expansion, supporting sustained growth over the forecast period.
Australia Geriatric Healthcare Products Market Trends
Some of the trends in the market include the growing adoption of personal elderly alarms and assistive technologies across the region.
Rising Adoption of Personal Elderly Alarms and Assistive Technology to Boost Australia Geriatric Healthcare Products Market Value
The market is shifting toward increased adoption of personal safety alarms and assistive technologies, driven by initiatives that promote independent living for older adults. In January 2025, INS LifeGuard highlighted the role of advanced safety solutions, including fall detection systems and TeleHealth services, in supporting the Australian Government’s upcoming Support at Home program. By facilitating early intervention and home-based care, such technologies are enhancing safety and autonomy. This shift is expected to significantly propel market growth over the forecast period.
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Purchase the Regional Overview for USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Australia Geriatric Healthcare Products Market Share
Mobility Assistance Aids Expected to Lead the Market
The market includes various products such as mobility assistance aids, assistive furniture, bathroom safety and assistive products, communication aids, monitoring devices, and others. Among these, mobility assistance aids are expected to lead the market during the forecast period. Their dominance is supported by the rising demand for enhanced independence and quality of life among individuals with mobility challenges. Government initiatives, including the National Disability Insurance Scheme, state-specific aids programs, and My Aged Care, provide substantial funding and accessibility, further strengthening market growth for mobility solutions.
Leading Players in the Australia Geriatric Healthcare Products Market
The key features of the market report comprise funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Invacare Corporation
Invacare Corporation, headquartered in Elyria, Ohio, is a global leader in home and long-term care medical products. The company provides a broad range of innovative mobility solutions, including power and manual wheelchairs designed for elderly and geriatric care. With a focus on clinical design, reliability, and ease of use, Invacare supports healthcare providers and dealers by offering high cross-compatibility, simplified servicing, and products that enhance patient independence and recovery.
Stryker Corporation
Stryker Corporation, a global medical technology leader, focuses on improving mobility in hospitalized elderly patients. Its products, including walkers and assistive devices, are designed to enhance patient movement and reduce functional decline. A study published in April 2023 in Melbourne, Australia, highlights the effectiveness of daily walking programs and incidental activity facilitated by Stryker’s solutions, demonstrating the company’s commitment to promoting mobility and supporting better clinical outcomes for older adults in healthcare settings.
3M Company
3M Company, a global leader in healthcare and material science, offers innovative solutions for dental care, including the 3M™ Photac™ Fil Quick Aplicap™ Light-Cured Glass Ionomer Restorative. This resin-modified, fluoride-releasing material is designed for fast, efficient treatment of geriatric and pediatric patients. Its self-adhesive property eliminates the need for bonding or cavity conditioning, while the Aplicap™ Capsule system ensures consistent handling and reproducible results, supporting improved oral health outcomes in elderly populations.
Abbott
Abbott is a global healthcare company renowned for its innovative nutritional products. Its Ensure® range, including Ensure Diabetes Care, Ensure Vanilla, and Ensure High Protein, provides scientifically formulated nutrition to support adults, particularly those aged 60 and above, in managing muscle strength, energy metabolism, and blood sugar levels. Abbott’s clinically proven solutions are widely adopted to promote healthy aging and address malnutrition risks in elderly populations, reflecting the company’s strong presence in geriatric healthcare nutrition.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include B Braun Melsungen AG, Koninklijke Philips N.V., GE Healthcare, Cook Medical, Thermo Fisher Scientific Inc., and Cardinal Health.
Australia Geriatric Healthcare Products Market Segmentation
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
- Mobility Assistance Aids
- Wheelchairs
- Patient Mechanical Lift Handling
- Mobility Scooters
- Walkers and Rollators
- Crutches and Canes
- Others
- Assistive Furniture
- Medical Beds
- Riser Reclining Chairs
- Door Openers
- Railings and Bars
- Others
- Bathroom Safety and Assistive Products
- Ostomy Products
- Commodes Chair
- Shower Chairs
- Others
- Communication Aids
- Speech and Writing Therapy Devices
- Hearing Aids
- Vision and Reading Aids
- Monitoring Devices
- Glucometers
- BP Machines
- EEG Machines
- Others
- Others
Market Breakup by Application
- Chronic Disease Management
- Physical Rehabilitation
- Assistive Care
- Diagnostic and Monitoring
- Mobility Support
Market Breakup by Technology
- Manual Devices
- Powered Devices
- Smart Devices
- Non-Smart Devices
Market Breakup by End User
- Hospitals and Clinics
- Homecare Settings
- Rehabilitation Facilities
- Nursing Homes
- Others
Market Breakup by Distribution Channel
- Direct Sales
- Online Sales
- Retail Sales
Key Questions Answered in the Australia Geriatric Healthcare Products Market Report
- What was the Australia geriatric healthcare products market value in 2025?
- What is the Australia geriatric healthcare products market forecast outlook for 2026-2035?
- What are the major factors aiding the Australia geriatric healthcare products market demand?
- How has the market performed so far, and how is it anticipated to perform in the coming years?
- What are the market's major drivers, opportunities, and restraints?
- What are the major Australia geriatric healthcare products market trends?
- Which product is expected to dominate the market segment?
- Which application is projected to lead the market segment?
- Which technology is anticipated to drive the market segment?
- Which end user is likely to dominate the market segment?
- Which distribution channel is expected to dominate the market segment?
- Who are the key players involved in the Australia geriatric healthcare products market?
- What are the current unmet needs and challenges in the market?
- How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Technology |
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| Breakup by End User |
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| Breakup by Distribution Channel |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
|
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