Italy Minimally Invasive Surgery Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Italy Minimally Invasive Surgery Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

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.

Key Market TrendsGastrointestinal 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.

Competitive Landscape

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.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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