Italy Artificial Organs And Bionics Market, 2022-2030
- MedTech
- General Surgery
- artificial organ and bionics
- General Surgery
Italy Artificial Organs And Bionics Market, 2018-2030 (US$M)
Global Market
Related Markets
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Italy artificial organs and bionics market highlights
- The Italy artificial organs and bionics market generated a revenue of USD 863.5 million in 2022 and is expected to reach USD 1,827.3 million by 2030.
- The Italy market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
- In terms of segment, artificial organ was the largest revenue generating product in 2022.
- Artificial bionics is the most lucrative product segment registering the fastest growth during the forecast period.
Artificial organs and bionics market data book summary
| Market revenue in 2022 | USD 863.5 million |
| Market revenue in 2030 | USD 1,827.3 million |
| Growth rate | 9.8% (CAGR from 2022 to 2030) |
| Largest segment | Artificial organ |
| Fastest growing segment | Artificial bionics |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Artificial Organ, Artificial bionics |
| Key market players worldwide | Zimmer Biomet Holdings Inc, Boston Scientific Corp, Cochlear Ltd, Edwards Lifesciences Corp, Ekso Bionics Holdings Inc, Medtronic PLC, Symbotic Inc Ordinary Shares - Class A, Johnson & Johnson, Berlin Heart GmbH, SynCardia Systems |
Other key industry trends
- In terms of revenue, Italy accounted for 2.5% of the global artificial organs and bionics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany artificial organs and bionics market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 2,688.8 million by 2030.
Major factors driving the market include increasing incidence of organ failure and a large number of people on the waiting list. A significant number of road accidents in the country is further boosting the demand for artificial organs. According to the European Road Safety Observatory report, there were 175,791 accidents in the country in 2016.
Furthermore, increasing healthcare expenditure, coupled with favorable reimbursement policies, is expected to boost the demand for artificial organs over the coming years. According to the Global Observatory Donation and Transplantation, 3,788 transplantation procedures were performed in 2018.
Thus, the abovementioned factors are expected to boost the demand for artificial organs and bionics in the country over the forecast period.
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Artificial Organ And Bionics
Artificial Organ And Bionics Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson & Johnson | View profile | 134,400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | www.jnj.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Boston Scientific Corp | View profile | 48,000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | www.bostonscientific.com |
| Zimmer Biomet Holdings Inc | View profile | 18,000 | 345 East Main Street, Warsaw, IN, United States, 46580 | www.zimmerbiomet.com |
| Ekso Bionics Holdings Inc | View profile | 72 | 101 Glacier Point, Suite A, San Rafael, CA, United States, 94901 | www.eksobionics.com |
| Cochlear Ltd | View profile | 4,773 | 1 University Avenue, Macquarie University, Sydney, NSW, Australia, 2109 | www.cochlear.com |
| Edwards Lifesciences Corp | View profile | 19,800 | One Edwards Way, Irvine, CA, United States, 92614 | www.edwards.com |
| Symbotic Inc Ordinary Shares - Class A | View profile | 1,300 | 200 Research Drive, Wilmington, MA, United States, 01887 | www.symbotic.com |
| Berlin Heart GmbH | View profile | 501-1000 | Berlin, Berlin, Germany, Europe | www.berlinheart.de/ |
| SynCardia Systems | View profile | 101-250 | Tucson, Arizona, United States, North America | www.syncardia.com/ |
Italy artificial organ and bionics
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 Artificial Organs And Bionics Market will help companies and investors design strategic landscapes.
Artificial Organ was the largest segment with a revenue share of 70.61% in 2022.
Horizon Databook has segmented the Italy artificial organs and bionics market based on artificial organ, artificial bionics covering the revenue growth of each sub-segment from 2018 to 2030.
Major factors driving the market include increasing incidence of organ failure and a large number of people on the waiting list. A significant number of road accidents in the country is further boosting the demand for artificial organs. According to the European Road Safety Observatory report, there were 175,791 accidents in the country in 2016.
Furthermore, increasing healthcare expenditure, coupled with favorable reimbursement policies, is expected to boost the demand for artificial organs over the coming years. According to the Global Observatory Donation and Transplantation, 3,788 transplantation procedures were performed in 2018.
Thus, the abovementioned factors are expected to boost the demand for artificial organs and bionics in the country over the forecast period.
- Italy Artificial Organs And Bionics Market Product Outlook (Revenue, USD Million , 2018-2030)
- Artificial Organ
- Artificial bionics
- Italy Artificial Organs And Bionics Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Mechanical
- Electronic
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy artificial organ and bionics, including forecasts for subscribers. This country databook contains high-level insights into Italy artificial organ and bionics from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Italy Artificial Organs And Bionics Market, 2018-2030 (US$M)
Italy artificial organs and bionics market statistics, by product, 2018-2030 (US$M)
