Key Market Indicators
Italy's medical technology density is projected to grow modestly, reaching approximately 2,400 units by 2028, up from around 2,320 units in 2023. This represents a compound annual growth rate (CAGR) of 0.5%. Since 2002, the Italian supply of medical technology has increased by about 1.8% per year. In the current year, Italy ranks third in medical technology density, with Russia surpassing it with the same number of units, 2,320. Following Russia and Italy in this ranking is South Korea, holding the fourth position. In terms of medical product expenditure, Italy is expected to see a gradual rise, reaching an estimated €16.3 billion by 2028, compared to €15.5 billion in 2023. This growth reflects an average annual increase of 0.8%. Since 2000, the demand for medical products in Italy has grown by approximately 2.2% annually. As of 2023, Italy ranks fifth in medical product expenditure, with Poland slightly ahead at €15.5 billion. The top positions in this ranking are held by France, the United Kingdom, and Poland, occupying the second, third, and fourth spots, respectively.
Italy Medical Device Market Data and Forecasts
Italy Medical Device : how will it grow in the coming years?
Other Top Countries about Medical Device
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