Italy Robotic Prosthetics Market Size & Outlook, 2023-2030
Italy robotic prosthetics market, 2016-2030 (US$M)
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Italy robotic prosthetics market highlights
- The Italy robotic prosthetics market generated a revenue of USD 48.9 million in 2023 and is expected to reach USD 85.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, mpc prosthetics was the largest revenue generating extremities in 2023.
- Myoelectrical Prosthetics is the most lucrative extremities segment registering the fastest growth during the forecast period.
Robotic prosthetics market data book summary
| Market revenue in 2023 | USD 48.9 million |
| Market revenue in 2030 | USD 85.1 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Mpc prosthetics |
| Fastest growing segment | Myoelectrical Prosthetics |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | MPC Prosthetics, Myoelectrical Prosthetics |
| Key market players worldwide | Ottobock, Touch Bionics, HDT Global, Ossur, Endolite India, Shadow Robot |
Other key industry trends
- In terms of revenue, Italy accounted for 3.2% of the global robotic prosthetics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany robotic prosthetics market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 60.8 million by 2030.
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Robotic Prosthetics Market Scope
Robotic Prosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy robotic prosthetics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to robotic prosthetics market will help companies and investors design strategic landscapes.
Mpc prosthetics was the largest segment with a revenue share of 56.85% in 2023. Horizon Databook has segmented the Italy robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.
According to Italy Country Profile 2021, heart diseases, stroke, lung cancer, COPD, and diabetes followed by COVID-19 were among the major causes of death in the country in 2020. The Italy Country Profile also reports that life expectancy in Italy was higher as compared to other European countries.
The high burden of chronic diseases and high life expectancy are expected to improve the demand for technologically advanced medical devices for diagnosis and treatment in the country. This is expected to create opportunities for medical device outsourcing services in the country.
A large number of key players in the medical device CDMOs are present in Italy, including Medpace, Charles River, Labcorp, Icon, IQVIA, Parexel, and PRA Health Science. The growing demand for reducing costs of clinical research, manufacturing, and development among medical device companies is expected to increase the number of partnerships with CDMOs in the coming years, thus boosting the Italy medical device outsourcing market.
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Our clientele includes a mix of robotic prosthetics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy robotic prosthetics market , including forecasts for subscribers. This country databook contains high-level insights into Italy robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Italy robotic prosthetics market size, by extremities, 2016-2030 (US$M)
Italy Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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