Italy minimally invasive surgical (MIS) instruments market is expected to grow at a CAGR of around 6.8% during the forecast period. Significant incidences of cancer are driving the growth of the market in the country. According to the International Agency for Research on Cancer (IARC), the number of new incidences of cancer reported in Italy was 409,808 in 2018. Lung cancer is one of the leading causes of cancer deaths in men and women in Italy. The new incidences of lung cancer reported in Italy were 39,989. It is 9.8% of the total new cancer incidences in the country. This leads the demand for effective treatment options with the rising lung cancer deaths and ageing population.

As a result, the adoption of minimally invasive thoracic surgery has been reported in Italy for the treatment of lung and respiratory disorders. According to the National Center for Biotechnology Information (NCBI), in Italy, there is a rich and long history in minimally invasive thoracic surgery. The major Italian surgeons have been the first who initially used video-assisted thoracic surgery (VATS) for performing procedures, such as esophagectomy and lobectomy, respectively as well as proposed breakthrough ideas and creative technical refinements. Moreover, up to September 2015, Italian VATS group registry gathered a total number of 1,688 thoracoscopic lobectomies performed in more than 70 Italian Institutions. There has been rapid adoption of VATS lobectomy in Italy and various thoracic surgeons are now involved in active VATS lobectomy programs necessitating the utilization of multiport or uniportal methods. VATS lobectomy is also used as a surgical treatment of lung cancer. Hence, it enables to boost the market in Italy.

The players operating in the market include TransEnterix, Inc., Abbott Laboratories, Inc., Boston Scientific Corp., and Teleflex, Inc. Geographical expansion, partnerships and collaborations, and product launches are some crucial strategies adopted by the market players to expand market share and gain a competitive advantage over their competitors. For instance, in December 2016, TransEnterix, Inc, a US-based firm opens new European training and R&D center in Milan, Italy. This facility is known as TransEnterix Milan Robotic Surgery Center. This investment is intended to build a world-class center for robotic surgical training and continue their R&D in Milan, which will allow bringing researchers and surgeons globally to support creating the next wave of robotic surgery.

Research Methodology

The market study of the Italy minimally invasive surgical instruments market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. Italy Minimally Invasive Surgical Instruments Market Research and Analysis by Product
2. Italy Minimally Invasive Surgical Instruments Market Research and Analysis by Technology
3. Italy Minimally Invasive Surgical Instruments Market Research and Analysis by Application

The Report covers:

• Comprehensive research methodology of the Italy minimally invasive surgical instruments market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Italy minimally invasive surgical instruments market.
• Insights about market determinants which are stimulating the Italy minimally invasive surgical instruments market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.