Italy Infectious Disease Therapeutics Market Analysis

Italy Infectious Disease Therapeutics Market Analysis


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By 2030, it is anticipated that the Italy infectious disease therapeutics market will reach a value of $3.89 Bn from $2.88 Bn in 2022, growing at a CAGR of 3.9% during 2022-2030. Infectious Disease Therapeutics in Italy is dominated by a few domestic pharmaceutical companies such as Menarini, Dompé and IRBM. The infectious disease therapeutics market in Italy is segmented into different therapeutic areas and different treatment types. The major factors affecting the Italy infectious disease therapeutics market are the increasing disease burden of communicable diseases like TB, hepatitis, and COVID-19 and the amount of healthcare funding for infectious diseases treatment in various areas of Italy.

ID: IN10ITPH038 CATEGORY: Pharmaceuticals GEOGRAPHY: Italy AUTHOR: Dr. Vishwa Modhia

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Italy Infectious Disease Therapeutics Analysis Summary

By 2030, it is anticipated that the Italy infectious disease therapeutics market will reach a value of $3.89 Bn from $2.88 Bn in 2022, growing at a CAGR of 3.9% during 2022-2030.

Italy is a high-income, developed country located in Southern Europe comprising the boot-shaped Italian peninsula and a number of islands including Sicily and Sardinia. According to the World Health Organization, approximately 3,000 cases of tuberculosis were reported in Italy in 2019. The conventional TB treatment includes a cocktail of medications such as isoniazid, rifampicin, ethambutol, and pyrazinamide. According to WHO, the effective treatment coverage for tuberculosis in Italy was at 82 %.

With an average of 28.1 defined daily doses (DDD) per 1,000 inhabitants per day in 2019, Italy has one of the highest antibiotic usage rates in Europe. This is higher than the average for the European Union of 20.3 DDD per 1,000 population per day. Italy's government spends 9.6 % of its GDP on healthcare in 2020.

Italy Infectious Disease Therapeutics Analysis

Market Dynamics

Market Growth Drivers Analysis

With the ongoing COVID-19 pandemic, there is a heightened interest in the development of antiviral treatments to treat and prevent the spread of viral illnesses. This includes COVID-19 as well as other viral illnesses like influenza, hepatitis B and C, and HIV. Tuberculosis (TB) is growing more widespread in Italy, particularly among high-risk groups such as refugees and people with compromised immune systems. In Italy, the manufacturing industry is still highly valued. These characteristics could enhance Italy infectious diseases therapeutics market.

Market Restraints

In recent years, Italy has suffered economic issues, which may have an impact on patients' capacity to receive and buy infectious illness medicines. This may limit the potential market for these treatments and make income generation challenging for pharmaceutical corporations. Infectious disease therapies face intense competition from other pharmaceutical companies as well as other therapy options such as vaccines and antibiotics. The prevalence of tiny, low-productivity businesses (more than 90 % of firms have 10 employees or less). These factors may deter new entrants into the Italy infectious disease therapeutics market.

Competitive Landscape

Key Players

  • IRBM: IRBM is a research organization, specializes in drug discovery and development, with a focus on infectious diseases. IRBM is currently working on a COVID-19 vaccine
  • Menarini: Menarini is a multinational pharmaceutical company based in Florence, Italy. The company develops and manufactures drugs for various diseases, including infectious diseases
  • Dompé: Dompé is a biopharmaceutical company based in Milan, Italy. The company specializes in the development of drugs for rare diseases and infectious diseases, including COVID-19
  • MolMed: MolMed is a biotechnology company based in Milan, Italy. The company focuses on the development of cell and gene therapies for various diseases, including infectious diseases
  • VisMederi: VisMederi is a contract research organization based in Siena, Italy. The company specializes in the development and validation of assays for the evaluation of vaccines and drugs for infectious diseases

Recent Notable Updates

January 2022: Dompé farmaceutici ("Dompé"), a biopharmaceutical company, announced a strategic collaboration and investment in Engitix Ltd 'Engitix,' a biopharmaceutical company with a pioneering and proprietary human extracellular matrix (ECM) drug target discovery platform, as part of Engitix's $54 Mn Series A financing.

Healthcare Policies and Reimbursement Scenarios

The Italian Medicines Agency (AIFA) is in charge of regulating infectious illness treatments in Italy. Preclinical testing, clinical trials, and marketing authorisation are all stages of the approval procedure for infectious disease treatments in Italy. Other regulatory agencies in Italy, in addition to AIFA, may be involved in the regulation of infectious disease medicines. The National Institute of Health (ISS), for example, is in charge of determining the safety and efficacy of vaccinations and other biological products.

The reimbursement of infectious illness treatments in Italy is mostly governed by the National Health Service (Servizio Sanitario Nazionale, SSN). The SSN, which is sponsored by the government and regional authorities, provides universal healthcare coverage to all citizens and legal residents.

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Infectious Disease Therapeutics Segmentation

By Mode of Treatment (Revenue, USD Billion):

  • Vaccines
  • Drugs

By Applications (Revenue, USD Billion):

  • HIV/AIDS
  • Influenza
  • Hepatitis
  • Malaria
  • Tuberculosis
  • Others

By Disease Type (Revenue, USD Billion):

  • Viral Diseases
  • Bacterial Diseases
  • Fungal Diseases
  • Parasitic Diseases
  • Others

By Target Organism (Revenue, USD Billion):

  • Antibiotics
  • Antivirals
  • Antifungals
  • Anti-Parasitic
  • Others

By End User (Revenue, USD Billion):

  • Hospitals and Clinics
  • Ambulatory Care Centers
  • Others

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

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The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

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The Italian Medicines Agency (AIFA) is in charge of regulating infectious illness treatments in Italy.

The reimbursement of infectious illness treatments in Italy is mostly governed by the National Health Service (Servizio Sanitario Nazionale, SSN).

Infectious Disease Therapeutics in Italy is dominated by domestic pharmaceutical companies such as Menarini, Dompé and IRBM.


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Last updated on: 13 March 2023
Updated by: Shivam Zalke

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