Italy Robotic Surgery Services Market Report 2022 to 2030

Italy Robotic Surgery Services Market Analysis

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Italy's robotic surgery service market size was valued at $103 Mn in 2022 and is estimated to expand at a CAGR of 18.8% from 2022-30 and will reach $409 Mn in 2030. The robotic surgery service market will grow due to the rising need for top-notch medical services, particularly cutting-edge surgical operations, as Italy's economy and population continue to expand and people live in greater prosperity. The market is segmented by product and service type, application type, and end user. Some of the major players are SIAS srl (ITA), MeDiRobotics (ITA), Endoassist (ITA), Quirumed (ITA), Micro-Innovation (ITA), and others.

ID: IN10ITHS017 CATEGORY: Healthcare Services GEOGRAPHY: Italy AUTHOR: Chandani Patel

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Italy Robotic Surgery Service Market Executive Summary

Italy's Robotic Surgery Service market size was valued at $103 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 18.8% from 2022-30 and will reach $409 Mn in 2030. Healthcare spending in Italy represents a significant portion of the country's budget. According to data from the Organisation for Economic Co-operation and Development (OECD), total health spending in Italy was estimated to be around 8.3% of the GDP. The majority of healthcare spending in Italy is funded by the National Health Service (Servizio Sanitario Nazionale), the public health insurance system that covers the majority of the population. The National Health Service provides coverage for a wide range of medical services, including hospital care, prescription drugs, and preventive care. Out-of-pocket spending, such as copayments and deductibles, accounts for a smaller portion of total healthcare spending, the total healthcare spending in Italy is expected to reach approximately $372 Bn in 2022.

In Italy, the provision of robotic surgery services is expanding quickly. Due to factors including technological advancements, rising income, and a rising need for high-quality medical services, surgical robot use has become more and more popular in Italy over the past ten years.

Numerous procedures, including minimally invasive surgery for diseases including cancer, heart disease, and gynecological issues, use robotic surgical equipment. They have a number of benefits over conventional surgical methods, such as increased accuracy, a lower chance of complications, and quicker recovery times. The market for robotic surgical services in Italy is anticipated to expand quickly over the next few years as a result of rising healthcare sector investment, rising demand for high-quality medical services, and technological advancements. This expansion is anticipated to create new opportunities for both existing market participants and up-and-coming firms, as well as to increase Italians' access to high-quality, reasonably priced healthcare.

italy robotic surgery service market analysis

Market Dynamics

Market Growth Drivers

The growth of the market for robotic surgery services in Italy is driven by several factors, including:

There is a rising need for top-notch medical services, particularly cutting-edge surgical operations, as Italy's economy and population continue to expand and people live in greater prosperity. This is increasing demand in Italy for services including robotic surgery.

In addition, the development of new and enhanced robotic surgical systems is lowering the cost and increasing the accessibility of these treatments, as well as raising awareness of their advantages among patients and healthcare professionals.

The Italian government has also been working to enhance individuals' access to healthcare through programs like the introduction of the Ayushman Bharat program, which offers health insurance coverage to a sizeable section of the populace. It is anticipated that this will increase demand for robotic surgery in Italy.

Market Restraints

The high price of robotic surgical equipment in Italy is a major deterrent to the use of these services. This is because setting up a robotic surgery program is expensive and requires specialized knowledge and training in addition to the high cost of the equipment itself.

Furthermore, there is currently a lack of knowledge in Italy regarding the advantages of robotic surgery, particularly among medical professionals and patients in remote and disadvantaged areas. To improve the uptake of these services in Italy, this fundamental obstacle must be overcome.

The market for robotic surgery services in Italy is also being restricted by a number of regulatory obstacles, such as a lack of defined norms and guidelines for the use of these devices and a lack of payment for these treatments.

Competitive Landscape

Key Players

SIAS srl (ITA)
MeDiRobotics (ITA)
Endoassist (ITA)
Quirumed (ITA)
Micro-Innovation (ITA)
Stryker Corporation
Smith & Nephew
TransEnterix Surgical, Inc.
Renishaw plc.
Intuitive Surgical
THINK Surgical, Inc.
Zimmer Biomet

Healthcare Policies and Regulatory Landscape & Reimbursement scenario

In Italy, the use of robotic surgery is regulated by the Italian Ministry of Health (Ministero della Salute) and the Italian National Health Institute (Istituto Superiore di Sanità). The Ministry of Health sets the general regulations for the use of medical devices, including surgical robots, while the National Health Institute provides guidance on the scientific and technical aspects of the use of these devices.

The reimbursement of robotic surgery in Italy is determined by the National Health Service (Servizio Sanitario Nazionale), which is the public health insurance system that covers the majority of the population. The National Health Service covers the cost of many surgical procedures, including those performed using robots. However, the exact coverage and reimbursement amounts can vary depending on the procedure and the patient's health insurance plan.

Moreover, the use of surgical robots in Italy is becoming increasingly common, as the technology offers potential benefits, such as improved surgical outcomes, reduced surgical complications, and shorter recovery times. Some of the procedures that may be performed using robots in Italy include gynecologic procedures, urologic procedures, and gastrointestinal procedures, among others.

1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Robotic Surgery Services Market Segmentation

By Product and Services (Revenue, USD Billion):

The surgical robotics market volume data has been covered for all the major surgical robotics systems. In terms of value, the surgical systems market is anticipated to expand at a CAGR of 11.22% from 2018 to 2025.

Instruments and Accessories
Robotic Systems
Services

By Application (Revenue, USD Billion):

Gynecology accounted for the largest market share in 2017 and is anticipated to expand at a CAGR of 7.0% from 2018 to 2025. This is explained by the rising prevalence of gynecological complications in women worldwide and the ongoing development of robotic technologies.

General Surgery
Gynecological Surgery
Urological Surgery
Neurosurgery
Orthopedic Surgery
Other Applications

By End User (Revenue, USD Billion):

The hospitals segment had the largest market value in 2017 and experienced a CAGR of 13.20% from 2018 to 2025. However, during the projected period of 2018–2025, the ambulatory surgical center's income is predicted to rise at the highest CAGR of 18.20%.

Hospitals
Ambulatory Surgery Centers

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.