From 2013 to 2023, the number of open prostatectomies performed in Australia has consistently decreased, with figures dropping from 4.4 thousand procedures in 2013 to 2.48 thousand procedures in 2023. The trend shows an annual reduction, especially notable between 2016 and 2023, where the compound annual growth rate (CAGR) ranged from -3.82% to -8.93% across the years, indicating a persistent decline year-on-year.

The forecast for open prostatectomies from 2024 to 2028 continues this downward trend, with a projected CAGR of -5.85% and an overall decrease of 26.01% over the five-year period, highlighting an ongoing reduction in the volume of these surgical procedures.

Future trends to watch for:

Advancements in minimally invasive and alternative treatments reducing the necessity for open prostatectomy.
Healthcare policy changes impacting surgical practices and patient choices.
Increased adoption of robotic-assisted surgeries and other technological innovations.