Market revenue in 2023 | USD 100.4 million |
Market revenue in 2030 | USD 184.6 million |
Growth rate | 9.1% (CAGR from 2023 to 2030) |
Largest segment | Ballon sinus dilation devices |
Fastest growing segment | Functional Endoscopic Sinus Surgery (FESS) Instruments Set |
Historical data | 2016 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Ballon Sinus Dilation Devices, Endoscopes, Sinus Stents/Implants, Functional Endoscopic Sinus Surgery (FESS) Instruments Set |
Key market players worldwide | Medtronic PLC, Smith & Nephew PLC, Stryker Corp, Intersect ENT, Olympus Corp, Johnson & Johnson, TE Connectivity Ltd, SinuSys Corp., InnAccel |
Ballon sinus dilation devices was the largest segment with a revenue share of 48.31% in 2023. Horizon Databook has segmented the Italy sinus dilation device market based on ballon sinus dilation devices, endoscopes, sinus stents/implants, functional endoscopic sinus surgery (fess) instruments set covering the revenue growth of each sub-segment from 2016 to 2030.
Presence of well-developed healthcare services in Italy is one of the major drivers of the Italy market. Organizations such as National Health Service (NHS) in Italy provide medical coverage to all citizens and foreign residents. For instance, as per Commonwealth Fund, public financing in Italy accounted for 75.8% of total health spending in 2014. Such factors are likely to boost the sinus dilation devices market in Italy.
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