Italy Central Nervous System Therapeutic Market Size & Outlook
Italy central nervous system therapeutic market, 2018-2028 (US$M)
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Italy central nervous system therapeutic market highlights
- The Italy central nervous system therapeutic market generated a revenue of USD 4,220.7 million in 2020 and is expected to reach USD 7,206.4 million by 2028.
- The Italy market is expected to grow at a CAGR of 6.9% from 2021 to 2028.
- In terms of segment, mental health was the largest revenue generating disease in 2020.
- Neurodegenerative Diseases is the most lucrative disease segment registering the fastest growth during the forecast period.
Central nervous system therapeutic market data book summary
| Market revenue in 2020 | USD 4,220.7 million |
| Market revenue in 2028 | USD 7,206.4 million |
| Growth rate | 6.9% (CAGR from 2020 to 2028) |
| Largest segment | Mental health |
| Fastest growing segment | Neurodegenerative Diseases |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Neurovascular Diseases, CNS Trauma, Mental Health, Neurodegenerative Diseases, Infectious Diseases, CNS Cancer |
| Key market players worldwide | Biogen Inc, Otsuka Pharmaceutical, Eli Lilly and Co, Merck & Co Inc, AstraZeneca PLC, Novartis AG ADR, Teva Pharmaceutical Industries Ltd, Johnson & Johnson, Pfizer Inc |
Other key industry trends
- In terms of revenue, Italy accounted for 4.0% of the global central nervous system therapeutic market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany central nervous system therapeutic market is projected to lead the regional market in terms of revenue in 2028.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 4,805.2 million by 2028.
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Central Nervous System Therapeutic Market Scope
Central Nervous System Therapeutic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy central nervous system therapeutic market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to central nervous system therapeutic market will help companies and investors design strategic landscapes.
Mental health was the largest segment with a revenue share of 46.84% in 2020. Horizon Databook has segmented the Italy central nervous system therapeutic market based on neurovascular diseases, cns trauma, mental health, neurodegenerative diseases, infectious diseases, cns cancer covering the revenue growth of each sub-segment from 2018 to 2028.
Disorders such as depression, schizophrenia, and neurosis are the most prevalent mental health disorders in Italy. On the other hand, the country also reports a high prevalence of dementia, most commonly due to Alzheimer’s disease, which has a prevalence of ~1%.
The Italian government’s project known as Interceptor helps in identifying individuals in the population with increased risk of developing the disease, with the aim of providing them early treatment. Such initiatives undertaken by the government are likely to increase the demand for neurodegenerative drugs over the forecast period.
Moreover, Parkinson’s, which currently has a 1% prevalence in population over 65 years of age, is likely to increase to with the rapidly aging population of Italy, driving the need for neurodegenerative drugs in the country.
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Our clientele includes a mix of central nervous system therapeutic market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy central nervous system therapeutic market , including forecasts for subscribers. This country databook contains high-level insights into Italy central nervous system therapeutic market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Italy central nervous system therapeutic market size, by disease, 2018-2028 (US$M)
Italy Central Nervous System Therapeutic Market Outlook Share, 2020 & 2028 (US$M)
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