Myoelectric control has gained much attention which translates the human intentions into control commands for exoskeletons. The electromyogram (EMG)-driven musculoskeletal (MSK) model shows prominent performance given its ability to interpret the underlying neuromechanical processes among the musculoskeletal system. This model-based scheme contains inherent physiological parameters, e.g., isometric muscle force, tendon slack length, or optimal muscle fibre length, which need to be tailored for each individual via minimising the differences between the experimental measurement and model estimation. However, the creation of the personalised EMGdriven MSK model through the evolutionary algorithms is timeconsuming, hurdling the use of the EMG-driven MSK model in practical scenarios. This paper proposes a computational efficient optimisation method to estimate the subject-specific physiological parameters for a wrist MSK model based on the direct collocation method. By constraining control variables to the experimentally measured EMG signals and introducing the physiological parameters into control variables, fast optimisation is achieved by identifying the discretised parameters at each grid simultaneously. Experimental evaluations on 12 healthy subjects are performed. Results demonstrate the proposed method outperforms the baseline optimisation algorithms used in the literature, including genetic algorithm, simulated annealing algorithm, and particle swarm optimisation algorithm. The proposed direct collocation method shows the possibility to alleviate the costly optimisation procedure and facilitate the use of the MSK model in practical applications.