Italy Endoscopes Market Size & Outlook, 2023-2030
Italy endoscopes market, 2018-2030 (US$M)
Related Markets
Italy endoscopes market highlights
- The Italy endoscopes market generated a revenue of USD 429.3 million in 2023 and is expected to reach USD 826.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, flexible endoscopes market was the largest revenue generating product in 2023.
- Disposable Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Endoscopes market data book summary
| Market revenue in 2023 | USD 429.3 million |
| Market revenue in 2030 | USD 826.0 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Flexible endoscopes market |
| Fastest growing segment | Disposable Endoscopes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid Endoscopes Market, Robot Assisted Endoscope Market, Disposable Endoscopes, Capsule Endoscopes Market, Flexible Endoscopes Market |
Other key industry trends
- In terms of revenue, Italy accounted for 2.9% of the global endoscopes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany endoscopes market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 885.4 million by 2030.
Flexible endoscopes market was the largest segment with a revenue share of 49.87% in 2023. Horizon Databook has segmented the Italy endoscopes market based on rigid endoscopes market, robot assisted endoscope market, disposable endoscopes, capsule endoscopes market, flexible endoscopes market covering the revenue growth of each sub-segment from 2018 to 2030.
Italy is one of the nations with the highest geriatric population in Europe, which is expected to drive endoscopes market due to the significant burden of chronic diseases among the elderly. A large portion of the elderly population in Italy suffers from chronic conditions, including cancer, GI diseases, and respiratory diseases.
This prevalence of chronic illnesses among the geriatric population creates a demand for endoscopic procedures. The acceptance and success rates of minimally invasive surgeries have also contributed to the increased adoption of endoscopes in Italy.
As people become more aware of the benefits of these techniques, there is a growing preference for minimally invasive procedures, further driving the demand for endoscopes. The diseases that require endoscopy are also increasing in Italy, contributing to growth of the market.
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Endoscopes Market Scope
Endoscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy endoscopes market size, by product, 2018-2030 (US$M)
Italy Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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