The Italy drug delivery devices market size is anticipated to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the Italy moving towards value-based healthcare and rising technological advancements, growth in the biologics market.
People with chronic ailments like as arthritis, diabetes, and heart disease may one day be able to abandon their daily pharmaceutical routine in favor of a grape-sized implant that can be regulated remotely.
The increased incidence of chronic illnesses, technical improvements, and the expansion of the biologics industry are all projected to propel the drug delivery devices market forward throughout the forecast period.
In Italy lifespan is linked to Diet where unhealthy life style such as smoking, high BMI, alcohol consumption, and a lack of physical exercise are all variables that contribute to the Italian population's illness burden.
Italy growing elderly population noticing increase number of patients diagnosed with cardiovascular problems as upper age group are higher vulnerability of acquiring heart illnesses.
There has been a rising adoption and inclination toward enhanced medication delivery systems since they assist administer pharmaceuticals that are good for the targeted population to recover quicker. Furthermore, an increase in the number of malignancies, respiratory disorders, and diabetes patients throughout the world may encourage the use of medication delivery systems and boost the total market.
Diabetes mellitus affected around 3.5 million Italians in 2019. This represents an increase over 2010, when 2.9 million people were impacted by the condition. The number of instances was proportional to the patients' age. Diabetes was, in fact, far more frequent among the elderly than among the younger population. Diabetes mellitus harmed over one million persons aged 65 to 74 years and 1.4 million people aged 75 and more in Italy in 2019.
There have been huge advancements in the field of delivery systems recently, such as Nanomedicine and nano delivery systems, which are both relatively young yet quickly emerging sciences. Nanotechnology provides a number of advantages in the treatment of chronic human diseases by allowing precise medications to be delivered to specified locations.
Microneedles are a novel, effective method for delivering therapeutic drugs and immunobiological in a variety of disorders. These drug-loaded microneedles deliver medications deep into the skin, near neutrophils, langerhans, and dendritic cells, inducing the necessary immune response.
Because of the disadvantages of traditional cancer treatment, the attention has switched to the use of microneedles for not only anti-cancer vaccine/drug delivery but also early cancer diagnostics.
Another recently developed technology is transdermal drug delivery has recently progressed from crude approaches that depend only on natural diffusion to dynamic drug release systems that respond to external stimuli. Microneedles have also been used to break through physical barriers in the skin, allowing for regulated distribution via wearable biosensors.
The report on Italy drug delivery devices Market the includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Drug Delivery Devices Market - Italy Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Route of Applications (Cardiovascular, Diabetes, Infectious Diseases, Cancer, and Other), Administration (Topical, Ocular, Injectable, and Others), End Users (Hospitals, Ambulatory Surgical Centers, and Others) |
Country Scope |
Italy |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Biocorp; Becton; Dickinson and Company; West Pharmaceutical Services Inc; Elcam Medical; Antares Pharma Inc. |
Based on route of applications, Italy drug delivery devices market is divided into cardiovascular, diabetes, infectious diseases, cancer, and other. The cardiovascular is expected to represent a key share of the market due to the aging population and behavioral changes in lifestyles, lead to long-term heart problems.
In terms of administration, the Italy drug delivery devices market is segmented into topical, ocular, injectable, and others. The injectable segment is expected to represent a key share of the market in the coming years due to research advancement such as microneedle and also effective drug delivery.
On the basis of end users, the Italy drug delivery devices market is divided into hospitals, ambulatory surgical centers, and other. The hospitals segment is expected to constitute a key share of the market during the forecast period due to increased elderly population and advancements in pharmaceutical or drug delivery technologies.
The Italy drug delivery devices market has been segmented on the basis of
Key players competing in the Italy drug delivery devices market include Biocorp; Becton; Dickinson and Company; West Pharmaceutical Services Inc; Elcam Medical; Antares Pharma Inc.
Some of these players are focusing on business strategies including partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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