Italy Covid-19 Vaccine Development Tools Market Size & Outlook
Italy covid-19 vaccine development tools market, 2020-2028 (US$M)
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Italy covid-19 vaccine development tools market highlights
- The Italy covid-19 vaccine development tools market generated a revenue of USD 364.9 million in 2020 and is expected to reach USD 812.7 million by 2028.
- The Italy market is expected to grow at a CAGR of 10.5% from 2021 to 2028.
- In terms of segment, laboratory technologies was the largest revenue generating technologies in 2020.
- Online Technologies is the most lucrative technologies segment registering the fastest growth during the forecast period.
Covid-19 vaccine development tools market data book summary
| Market revenue in 2020 | USD 364.9 million |
| Market revenue in 2028 | USD 812.7 million |
| Growth rate | 10.5% (CAGR from 2020 to 2028) |
| Largest segment | Laboratory technologies |
| Fastest growing segment | Online Technologies |
| Historical data | 2020 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laboratory Technologies, Online Technologies |
| Key market players worldwide | Thermo Fisher Scientific Inc, Pfizer Inc, Sartorius AG, Stemcell Holdings Inc Ordinary Shares, Illumina Inc, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Danaher Corp, Merck KGaA, Qiagen NV, Shimadzu Corp, Eurofins Scientific SE, Charles River Laboratories International Inc, Takara Bio Inc, Olympus Corp, Avantor Inc, Aurora Innovation Inc Class A, Standard BioTools Inc, Celerion, Cole-Parmer, Hartford Schroders International Stk I, Revvity Inc, Fluidigm Corporation, Polyplus-transfection, Hamilton Lane Inc Class A |
Other key industry trends
- In terms of revenue, Italy accounted for 2.3% of the global covid-19 vaccine development tools market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany covid-19 vaccine development tools 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 264.1 million by 2028.
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COVID-19 Vaccine Development Tools Market Scope
COVID-19 Vaccine Development Tools Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy covid-19 vaccine development tools 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 covid-19 vaccine development tools market will help companies and investors design strategic landscapes.
Laboratory technologies was the largest segment with a revenue share of 95.2% in 2020. Horizon Databook has segmented the Italy covid-19 vaccine development tools market based on laboratory technologies, online technologies covering the revenue growth of each sub-segment from 2020 to 2028.
Italy is an emerging healthcare market and COVID-19 created a significant opportunity for the companies. The market in the region was supported by local biotechnology companies and initiatives undertaken by them to produce in-house COVID-19 vaccines.
For instance, in February 2021, Takis, an Italian-based biotech company, received approval from the national drug regulator for its COVID-19 vaccine. The company is anticipated to initiate clinical trials in March 2021.
COVID-eVax is Italy’s second COVID-19 vaccine candidate, which is based on a DNA fragment injected into the muscles to increase production of the virus' spike protein and stimulate an immune reaction. The company employed electroporation technology along with a mini electric jolt, as DNA is a larger molecule than RNA.
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Target buyers of Italy covid-19 vaccine development tools market databook
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Our clientele includes a mix of covid-19 vaccine development tools market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy covid-19 vaccine development tools market , including forecasts for subscribers. This country databook contains high-level insights into Italy covid-19 vaccine development tools market from 2020 to 2028, including revenue numbers, major trends, and company profiles.
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Italy covid-19 vaccine development tools market size, by technologies, 2020-2028 (US$M)
Italy COVID-19 Vaccine Development Tools Market Outlook Share, 2020 & 2028 (US$M)
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