Market Trends of Italy Endoscopy Devices Industry
This section covers the major market trends shaping the Italy Endoscopy Devices Market according to our research experts:
Flexible Endoscopes is Expected to Hold a Significant Share in the Italy Endoscopy Devices Market Over the Forecast Period.
- Flexible endoscopes are made of movable, easily manipulable tubes that are used to view internal organs, whereas rigid endoscopes are used to view organs along a vertical axis. Flexible endoscopes are used in most minor surgeries and are widely used in hospitals, clinics, and physician's offices to perform procedures associated with gastrointestinal problems and lower abdominal issues.
- The future market growth of flexible endoscopy looks promising with evolving advanced imaging systems, endoscopes with improved capabilities, and enhancement of targeted therapeutics. These devices can escalate patient safety and minimize personnel exposure to the liquid chemical germicide and its vapors. Flexible endoscopes diagnose and treat gastrointestinal problems such as stomach pain, reflux, gastroesophageal reflux disease (GERD), ulcers, gastritis, difficulty swallowing, digestive tract bleeding, and colon and rectal cancer.
- For instance, according to the Associazione Italiana Di Oncologia Medica (AIOM) 2021 cancer estimates, in 2021, there were 233,200 instances of colorectal cancer in women and 280,300 cases of colorectal cancer in men. Thus, the high incidence of colon and rectum cancer leads to increased demand for flexible endoscopic evaluations, thereby boosting market growth.
- Furthermore, product launches, collaborations, and contracts by the key players in Italy will likely boost market growth over the forecast period. For instance, in November 2021, Medical Devices Group SRL, an endoscopy manufacturer in Italy, implemented an automated endoscopy sink equipped with two washing and two dosing tanks. Such developments are likely to boost market growth over the forecast period.
- Hence, due to the increasing burden of cancer and demand for flexible endoscopes, the Italian endoscopic devices market is anticipated to witness growth during the forecast period.
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Gastroenterology Segment is Anticipated to Witness a Growth in the Italy Endoscopy Devices Market Over the Forecast Period
- Gastroenterology focuses on disorders of the digestive system. Gastroenterologists' responsibilities include diagnosing and treating conditions affecting the esophagus, stomach, intestines, liver, biliary tract, and pancreas. An endoscopy can help determine what's causing digestive signs and symptoms, such as heartburn, nausea, vomiting, abdominal pain, difficulty swallowing, and gastrointestinal bleeding.
- Factors such as the rise in gastroenterology disorders, increase in demand for endoscopic procedures for diagnosing gastric-related diseases, and surge in research and development associated with gastro endoscopy in Italy are anticipated to boost the market growth during the forecast period.
- For instance, as per the Associazione Italiana Di Oncologia Medica (AIOM) 2021 estimations, the number of people affected with stomach cancer in Italy in 2021 was estimated to be 82,400 . As the number of stomach cancer cases increases, the demand for diagnosis of disease progression also increases, thereby boosting the market growth over the forecast period. Furthermore, research and development in gastro endoscopy are anticipated to boost market growth during the forecast period.
- For instance, in January 2022, the Institute for Research, Hospitalization, and Healthcare (IRCCS) Foundation San Matteo Polyclinic sponsored a clinical study to estimate eosinophilic gastrointestinal disorders (EGIDs) prevalence in patients with gastrointestinal (GI) symptoms undergoing upper and lower GI endoscopy, to verify whether the global increase of EGIDs also affects the Italian population.
- Moreover, in May 2022, San Raffaele Hospital in Milan sponsored a clinical study to compare manual versus stapled side-to-side ileocolic anastomosis in Crohn's Disease. The study compared six months of endoscopic recurrence between the local and central reading of recordings of endoscopy using the modified Rutgeerts classification.
- Hence, the Italian endoscopy market is anticipated to witness growth during the forecast period due to the rise in gastroenterological disorders and the increase in research and development associated with gastro endoscopic techniques.
