The value added of medical and dental instruments and supplies in Italy has shown a consistent upward trend from €2.8 billion in 2013 to €5.03 billion in 2023. The year-on-year growth rates varied significantly, with peak growth of 24.82% in 2017 and a more modest growth rate of 2.55% in 2023. The compound annual growth rate (CAGR) over the past five years stands at 2.56%, indicating steady growth.
From 2024 onwards, the value added is forecasted to continue increasing, reaching €5.62 billion by 2028. The forecasted 5-year CAGR is 1.75%, with an overall growth of 9.06% expected by the end of the period.
Future trends to watch for:
- Technological advancements in medical and dental instruments.
- Continuous innovation and increased usage of digital solutions.
- Regulatory changes and their impact on the sector.
- Potential market consolidation and strategic partnerships.
