Italy Cardiovascular Devices Market

Italy Cardiovascular Devices Market by Device Types (Therapeutic & Surgical Devices and Diagnostic & Monitoring Devices), country (Italy)- Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-2582
  • Author: Growth Market Reports
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  • No. Of Pages: 189
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The Italy cardiovascular devices market size is anticipated to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to value-based healthcare and rising awareness among individual to track and manage own health.

According to the World Health Organization (WHO), 17.9million people died from cardiovascular disease (CVD) in 2016, accounting for 31% of all victims worldwide. Heart attacks and strokes account for 85 percent of these fatalities.

Italy Cardiovascular Devices Market summary

In Italy lifespan is linked to diet where unhealthy life style such as smoking, high BMI, alcohol consumption, and a lack of physical exercise contribute to the population's illness.

Italy’s growing elderly population has resulted into increasing number of patients diagnosed with cardiovascular problems.

According to the Italian institute of statistics (ISTAT), heart surgery costs around USD 650 million per year, or around 1% of overall hospital spending. The most important component of the budget for all medications is drugs, used to treat cardio vascular diseases (CVD) which account for more than USD 5 billion.

To make treatments affordable the public healthcare system of Italy is anticipated to establish value and quality-based pricing models, as well as trying to seek data and analytics for cost-effectiveness treatments. This leads to decreasing demand for traditional items and becoming an opportunity for firms with highly innovative products at low cost.

In Italy medical device firms are providing services and solutions as add-ons to their products which are ascending the retail demand of the product in the market. Moreover, innovative products that improve patient care or provide cost-effective outcomes are in high demand.

Market Trends, Drivers, Restraints, and Opportunities

  • Development in new generation devices such as portable and small ECGs are gaining popularity particularly in the home healthcare market.
  • Rising incidence of cardiovascular illnesses (CVD), the demand for long-term ECG monitoring devices is increasing.
  • Development of wireless ECG, clinicians which can monitor and diagnose patients remotely, is fueling the market during the forecast period.
  • ECGs are becoming more popular in the region because of their portable and small designs. Furthermore, devices such as monitors enable data archiving and others resulting in a significant increase in the penetration of these devices in point-of-care and in-home healthcare.
  • Increased awareness among population is projected to boost the Italian cardiovascular devices market.
  • Rising obesity and diabetes among the urban population leading to heart related issue is the major factor driving the market.
  • Early preventive treatment, is gaining popularity such as remote monitoring and early detection of at-risk individuals are fueling the market.

Scope of the Report

The report on Italy cardiovascular devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Italy Cardiovascular Devices Market - Italy Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Device Types (Therapeutic & Surgical Devices and Diagnostic & Monitoring Devices)

Country Scope

Italy

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

GE Healthcare; Boston Scientific Corporation; Abbott Laboratories; Medtronic; and Biotronik

Market Segment Insights

The diagnostic & monitoring devices segment is estimated to account for a major market share

Based on device types, Italy cardiovascular devices market is bifurcated into therapeutic & surgical devices and diagnostic & monitoring devices. The diagnostic & monitoring devices segment is expected to represent a key share of the market due to rising demand for in vitro testing devices and development of chip or web based cardiac monitoring devices. However therapeutic & surgical devices segment is anticipated to expand at a rapid pace during the forecast period owing to rising incidence of cardiovascular disorders.

Italy Cardiovascular Devices Market device types

Segments

Segments Covered in the Report
Device Types

  • Therapeutic & Surgical Devices
  • Diagnostic & Monitoring Devices

Country

  • Italy

Key Players

  • GE Healthcare
  • Boston Scientific Corporation
  • Abbott Laboratories
  • Medtronic
  • Biotronik

 

Competitive Landscape

Key players competing in the Italy cardiovascular devices market include GE Healthcare; Boston Scientific Corporation; Abbott Laboratories; Medtronic; and Biotronik.

The cardiovascular devices market in Italy is somewhat competitive, with numerous local producers competing against multinational firms. Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Italy Cardiovascular Devices Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cardiovascular Devices Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cardiovascular Devices Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cardiovascular Devices Market - Supply Chain
  4.5. Global Cardiovascular Devices Market Forecast
     4.5.1. Cardiovascular Devices Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cardiovascular Devices Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cardiovascular Devices Market Absolute $ Opportunity
5. Global Cardiovascular Devices Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Cardiovascular Devices Market Size and Volume Forecast by Types
     5.3.1. Therapeutic & Surgical Devices
     5.3.2. Diagnostic & Monitoring Devices
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Cardiovascular Devices Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Cardiovascular Devices Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Cardiovascular Devices Demand Share Forecast, 2019-2026
7. North America Cardiovascular Devices Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Cardiovascular Devices Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Cardiovascular Devices Market Size and Volume Forecast by Types
     7.4.1. Therapeutic & Surgical Devices
     7.4.2. Diagnostic & Monitoring Devices
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Cardiovascular Devices Demand Share Forecast, 2019-2026
8. Latin America Cardiovascular Devices Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Cardiovascular Devices Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Cardiovascular Devices Market Size and Volume Forecast by Types
     8.4.1. Therapeutic & Surgical Devices
     8.4.2. Diagnostic & Monitoring Devices
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Cardiovascular Devices Demand Share Forecast, 2019-2026
9. Europe Cardiovascular Devices Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Cardiovascular Devices Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Cardiovascular Devices Market Size and Volume Forecast by Types
     9.4.1. Therapeutic & Surgical Devices
     9.4.2. Diagnostic & Monitoring Devices
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Cardiovascular Devices Demand Share Forecast, 2019-2026
10. Asia Pacific Cardiovascular Devices Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Cardiovascular Devices Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Cardiovascular Devices Market Size and Volume Forecast by Types
     10.4.1. Therapeutic & Surgical Devices
     10.4.2. Diagnostic & Monitoring Devices
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Cardiovascular Devices Demand Share Forecast, 2019-2026
11. Middle East & Africa Cardiovascular Devices Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Cardiovascular Devices Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Cardiovascular Devices Market Size and Volume Forecast by Types
     11.4.1. Therapeutic & Surgical Devices
     11.4.2. Diagnostic & Monitoring Devices
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Cardiovascular Devices Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Cardiovascular Devices Market: Market Share Analysis
  12.2. Cardiovascular Devices Distributors and Customers
  12.3. Cardiovascular Devices Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. GE Healthcare
     12.4.2. Boston Scientific Corporation
     12.4.3. Abbott Laboratories
     12.4.4. Medtronic
     12.4.5. Biotronik.

Segments Covered in the Report
Device Types

  • Therapeutic & Surgical Devices
  • Diagnostic & Monitoring Devices

Country

  • Italy

Key Players

  • GE Healthcare
  • Boston Scientific Corporation
  • Abbott Laboratories
  • Medtronic
  • Biotronik

 

Key players competing in the Italy cardiovascular devices market include GE Healthcare; Boston Scientific Corporation; Abbott Laboratories; Medtronic; and Biotronik.

The cardiovascular devices market in Italy is somewhat competitive, with numerous local producers competing against multinational firms. Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Italy Cardiovascular Devices Market keyplayers

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