Market revenue in 2023 | USD 174.0 million |
Market revenue in 2030 | USD 309.3 million |
Growth rate | 8.6% (CAGR from 2023 to 2030) |
Largest segment | Small molecule |
Fastest growing segment | Large Molecule |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Small Molecule, Large Molecule |
Key market players worldwide | IQVIA Holdings Inc, JSR Corp, Taconic Biosciences, Evotec SE, Janvier Labs, Charles River Laboratories International Inc, Icon PLC, Labcorp Holdings Inc, PAREXEL, GemPharmatech, PsychoGenics, Biocytogen, SMO-Group |
Small molecule was the largest segment with a revenue share of 63.62% in 2024. Horizon Databook has segmented the Italy in vivo cro market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2018 to 2030.
Several CROs offer a variety of services in Italy, especially in the field of preclinical and clinical contract research. Approximately 800 companies are operating in Italy’s pharmaceutical and biotech industry, accounting for nearly 7% of total global R&D investments.
This can be attributed to the growth of the in vivo CRO market in the country. Furthermore, the constant allocation of funds by the Italian government is supporting the R&D activities in the country. This support helps in vivo CROs in Italy to invest in infrastructure and technology, boosting the market. However, CROs encounter regulatory and bureaucratic obstacles, which may act as market barriers in Italy.
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