Italy Clinical Trials Market Size & Outlook, 2023-2030
Italy clinical trials market, 2018-2030 (US$M)
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Italy clinical trials market highlights
- The Italy clinical trials market generated a revenue of USD 2,622.2 million in 2023 and is expected to reach USD 4,163.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, phase iii was the largest revenue generating phase in 2023.
- Phase I is the most lucrative phase segment registering the fastest growth during the forecast period.
Clinical trials market data book summary
| Market revenue in 2023 | USD 2,622.2 million |
| Market revenue in 2030 | USD 4,163.9 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Phase iii |
| Fastest growing segment | Phase I |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase I, Phase II, Phase III, Phase IV |
| Key market players worldwide | Thermo Fisher Scientific Inc, Icon PLC, Charles River Laboratories International Inc, IQVIA Holdings Inc, Syneos Health, SGS AG, PAREXEL, Wuxi AppTec Co Ltd, Labcorp Holdings Inc, Eli Lilly and Co, Novo Nordisk A/S ADR, Pfizer Inc, Caidya |
Other key industry trends
- In terms of revenue, Italy accounted for 3.2% of the global clinical trials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany clinical trials market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 5,320.8 million by 2030.
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Clinical Trials Market Scope
Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy clinical trials 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 clinical trials market will help companies and investors design strategic landscapes.
Phase iii was the largest segment with a revenue share of 52.28% in 2023. Horizon Databook has segmented the Italy clinical trials market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.
In Italy, clinical trials are frequently funded by pharmaceutical companies acting as trial sponsors. However, investigator-initiated studies are very common in Italy. In such cases, pharmaceutical firms may provide financial support.
In addition, the country has been working for many years to become a major player in clinical studies owing to its top-level research institutions & hospitals. The country provides several value-based Management Entry Agreements (MEAs) signed with pharmaceutical companies.
The National Observatory on Clinical Trials manages the authorization process of clinical trials (Phase I-IV) & provides a real-time picture of the clinical research progress in the country. It acts as an interface for transferring information to the European EudraCT database.
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Our clientele includes a mix of clinical trials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into Italy clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy clinical trials market size, by phase, 2018-2030 (US$M)
Italy Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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