Italy Laparoscopic Devices Market Size & Outlook
Italy laparoscopic devices market, 2018-2030 (US$M)
Related Markets
Italy laparoscopic devices market highlights
- The Italy laparoscopic devices market generated a revenue of USD 155.4 million in 2023 and is expected to reach USD 249.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, energy systems was the largest revenue generating product in 2023.
- Robot Assisted Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Laparoscopic devices market data book summary
| Market revenue in 2023 | USD 155.4 million |
| Market revenue in 2030 | USD 249.8 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Energy systems |
| Fastest growing segment | Robot Assisted Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laparoscopes, Energy Systems, Trocars, Closure Devices, Suction/ Irrigation Device, Insufflation Device, Robot Assisted Systems, Hand Access Instruments |
| Key market players worldwide | Karl Storz, Medtronic PLC, Johnson & Johnson, Olympus Corp, B. Braun, The Cooper Companies Inc, Richard Wolf, Hoya Corp, BD, Welfare Medical, DEAM, Intuitive Surgical Inc |
Other key industry trends
- In terms of revenue, Italy accounted for 2.0% of the global laparoscopic devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany laparoscopic devices market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 472.7 million by 2030.
Energy systems was the largest segment with a revenue share of 22.52% in 2023. Horizon Databook has segmented the Italy laparoscopic devices market based on laparoscopes, energy systems, trocars, closure devices, suction/ irrigation device, insufflation device, robot assisted systems, hand access instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Italy is anticipated to witness significant growth over the forecast period, which can be attributed to changing lifestyle and increasing incidence of chronic diseases, such as diabetes. Diabetes is one of the major health issues in Italy, similar to other western countries.
However, majority of this population was not even aware of their condition, which could restrain market growth. It also reported that dietary risk is one of the major factors resulting in high morbidity and mortality in the country.
In the late February 2020, the COVID-19 outbreak began, which resulted in delay of surgical procedures due to the increasing need for healthcare facilities to manage COVID-19 patients. This restricted market growth. However, this restrain is expected to reduce with decline in coronavirus cases.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Laparoscopic Devices Market Scope
Laparoscopic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy laparoscopic devices market size, by product, 2018-2030 (US$M)
Italy Laparoscopic Devices Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
