MedTech Devices & Diagnostics

Medical Technology, Devices and Diagnostics Industry Capability Report

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Australia’s medical technology sector is a critical pillar of the nation’s health system, advanced manufacturing capability and export economy.

The Medical Technology, Devices and Diagnostics Industry Capability Report, co-authored by the Medical Technology Association of Australia (MTAA) and the Australian Trade and Investment Commission (Austrade), provides a comprehensive overview of Australia’s MedTech strengths and global competitiveness.

Australian MedTech supports the prevention, diagnosis, treatment and management of disease and disability through a diverse range of technologies, from implantable devices and diagnostics to robotics, precision engineering and software-based solutions including artificial intelligence and digital health.

Australia’s capability is underpinned by:

  • A highly skilled STEM workforce and strong research base
  • Over 850 MedTech companies generating significant export revenue
  • Globally recognised regulatory standards through the Therapeutic Goods Administration (TGA)
  • Advanced manufacturing and precision engineering capability
  • Strong intellectual property protections and R&D incentives
  • Established clinical trial infrastructure supporting early validation and commercialisation

The report outlines:

  • An overview of Australia’s MedTech ecosystem and global market position
  • Key industry strengths and competitive advantages
  • Manufacturing and supply chain capability
  • The regulatory and commercialisation landscape
  • Investment and capital environment
  • Strategic growth opportunities across North America, Europe and the Asia-Pacific region
  • Case studies highlighting leading Australian MedTech innovators

Australia has a long history of globally transformative innovation, from the cochlear implant and CPAP technology to AI-enabled diagnostics and 3D-printed implants, and continues to lead in emerging fields including Software-as-a-Medical-Device (SaMD), robotics and precision medicine.

This report positions Australia as a trusted, innovation-driven MedTech partner and reinforces the country’s role as a strategic gateway into fast-growing healthcare markets across the Asia-Pacific and GCC regions, as well as established North American and European markets.