However, the Italians were unable to get on the scoresheet at the San Siro as the Swede's held on to a goalless draw.
Italy failed to qualify for next year's World Cup in Russian Federation as they were held to a goalless draw by Sweden at the San Siro on Monday night and crashed to a 1-0 aggregate loss in their playoff.
The Juventus stopper, who is widely considered one of the best goalkeepers ever, has said he will retire from global duty once the current campaign ends.
It was always going to be hard for Italy to get their own way in the Swedish capital, but with a wealth of striking options, one of the stingiest defences in Europe and arguably the best goalkeeper in the world in Gianluigi Buffon, much more was expected from this return clash.
Ventura could only lead Italy to a second-place finish in UEFA World Cup qualifying Group G, finishing five points behind group winners Spain and setting up a play-off with the Swedes to reach Russian Federation.
With seconds left, Italy forced a corner, but when the final whistle blew there was nothing but a chorus of boos from the Italian supporters as their team's World Cup dreams were ended.More news: Progressive solons protest arrival of President Trump
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Italy soccer team are out of the 2018 FIFA World Cup after failing to beat Sweden in their World Cup Qualifying match.
To avoid maintaining their remarkable sequence of World Cup appearances, they face the game against Sweden amid an atmosphere of what 'keeper Buffon has described as "high tension".
It could have been worse for Italy, as Sweden was denied what looked like two clear-cut penalties for handballs, first by Matteo Darmian and then Andrea Barzagli. Italy were lacking in imagination and flair and the failure to qualify for the first time since 1958 will nearly certainly see 69-year-old Ventura sacked by the Italian federation. That is the only regret I have and certainly not that I am finishing my career, because time passes and it's only right. The game means a lot for all of us, not only for me.
"We know we've lost, but we have another 90 minutes to overcome this complicated situation. It would be a great satisfaction to qualify for the World Cup".
Despite creating the majority of the chances in the match and dominating in possession, Italy lacked the cutting edge they needed to find a goal, while Sweden goalkeeper Robin Olsen, captain Andreas Granqvist and Co did enough to help their nation over the line and into their first World Cup since Germany 2006.