Italy Minimally Invasive Surgery Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.60 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Italy Minimally Invasive Surgery Devices Market Analysis
The Italy Minimally Invasive Devices Market is expected to witness an 8.6% of CAGR growth during the forecast period. The major factors expected to drive the market growth are the rising number of surgical procedures along with the burden of chronic diseases in the country and technological advancement in the products.
According to the Organization for Economic Cooperation and Development, in 2018, there are about 146,151 caesarian sections were being performed in the market studied during the forecast period. Furthermore, a rising preference for minimally invasive procedures due to certain advantages such as low operative time and few post-operative complications. Thus, it is expected to accelerate the market studied over the forecast period.
Italy Minimally Invasive Surgery Devices Market Trends
This section covers the major market trends shaping the Italy Minimally Invasive Surgery Devices Market according to our research experts:
Gastrointestinal Segment is Expected to Observe a Significant Growth During the Forecast Period
The gastrointestinal segment is expected to be the fastest-growing segment, owing to the rising incidence of gastrointestinal diseases in the country. Gastrointestinal diseases include irritable bowel syndrome, hemorrhoids, anal fissures, gastrointestinal cancer, etc.
According to the GLOBOCAN, in 2018, about 18, 783 new cases of stomach cancer were reported in the country. The minimally invasive procedures have gained popularity in the treatment of gastrointestinal diseases because of its safety and efficacy in comparison to the conventional methods. Hence, the market is expected to boost during the forecast period in this segment.
Italy Minimally Invasive Surgery Devices Industry Overview
Some of the major players in the Italy Minimally Invasive Surgery Devices Market are Terumo Corporation, Karl Storz GmbH, Olympus Corporation, GE Healthcare, Medtronic Plc, Drägerwerk AG & Co. KGaA, LED SpA, Fazzini and Quanta Systems.
Italy Minimally Invasive Surgery Devices Market Leaders
Terumo Corporation
Karl Storz GmbH
Olympus Corporation
Medtronic Plc
Drägerwerk AG & Co. KGaA
*Disclaimer: Major Players sorted in no particular order
Italy Minimally Invasive Surgery Devices Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Rising Number of Surgical Procedures Coupled with Growing Burden of Chronic Disorders
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4.2.2 Technological Advancement in Products
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4.3 Market Restraints
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4.3.1 Shortage of Experienced Professionals
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Products
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5.1.1 Handheld Instruments
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5.1.2 Guiding Devices
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5.1.3 Electrosurgical Devices
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5.1.4 Endoscopic Devices
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5.1.5 Laproscopic Devices
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5.1.6 Monitoring and Visualization Devices
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5.1.7 Others
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5.2 By Application
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5.2.1 Cardiovascular
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5.2.2 Gastrointestinal
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5.2.3 Gynecological
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5.2.4 Orthopedic
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5.2.5 Urological
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5.2.6 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Terumo Corporation
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6.1.2 Karl Storz GmbH
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6.1.3 Olympus Corporation
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6.1.4 GE Healthcare
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6.1.5 Medtronic Plc
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6.1.6 Drägerwerk AG & Co. KGaA
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6.1.7 LED SpA
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6.1.8 Fazzini
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6.1.9 Quanta Systems
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Italy Minimally Invasive Surgery Devices Industry Segmentation
As per the scope of this report, minimally-invasive surgical devices refer to electrosurgical systems, robot-assisted surgical systems, and surgical equipment, which are used during the minimally-invasive procedure. The minimally-invasive neurosurgery device market is growing at a significant rate, due to various benefits associated with minimally-invasive procedures, such as less recovery time, minimal pain to the patients, shortened hospital stay, and high accuracy.
Italy Minimally Invasive Surgery Devices Market Research FAQs
What is the current Italy Minimally Invasive Surgery Devices Market size?
The Italy Minimally Invasive Surgery Devices Market is projected to register a CAGR of 8.60% during the forecast period (2024-2029)
Who are the key players in Italy Minimally Invasive Surgery Devices Market?
Terumo Corporation, Karl Storz GmbH, Olympus Corporation, Medtronic Plc and Drägerwerk AG & Co. KGaA are the major companies operating in the Italy Minimally Invasive Surgery Devices Market.
What years does this Italy Minimally Invasive Surgery Devices Market cover?
The report covers the Italy Minimally Invasive Surgery Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Italy Minimally Invasive Surgery Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Italy Minimally Invasive Surgery Devices Industry Report
Statistics for the 2024 Italy Minimally Invasive Surgery Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Italy Minimally Invasive Surgery Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
