Report Description
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.
Market Trends, Drivers, Restraints, and Opportunities
- Development in new generation devices such as portable and wearable are gaining popularity particularly in the home healthcare market.
- Rise in the incidence of cardiovascular illnesses (CVD), demanding the use of long-term medication.
- Development of novel drug therapies is anticipated to fuel the market even further.
- Increased awareness among population for drug are projected to boost the Italian drug delivery devices market.
- Rising Obesity and diabetes among the urban population leading to heart related issue is the major driver for the market.
- Early Preventive treatment, are gaining popularity such as remote monitoring, and early detection of at-risk individuals are fueling the market.
- Italy government has enacted a number of European Union (EU) directives and rules relating to medical devices which can be a restrain for the exporter companies.
- Research and development in novel drugs and delivery system are creating a significant opportunity for market player.
Scope of the Report
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.
|
Italy Drug Delivery Devices Market Segment Insights
The cardiovascular segment is estimated to account for a major market share
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.
The injectable segment is expected to grow at a robust pace
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.
The hospitals segment is anticipated to register rapid CAGR
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.
Segments
The Italy drug delivery devices market has been segmented on the basis of
Applications
- Cardiovascular
- Diabetes
- Infectious Diseases
- Cancer
- Other
Administration
- Topical
- Ocular
- Injectable
- Others
End User
- Hospitals
- Ambulatory Surgical Centers
- Others
Country
Key Players
- Biocorp
- Becton
- Dickinson and Company
- West Pharmaceutical Services Inc
- Elcam Medical
- Antares Pharma Inc
Competitive Landscape
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.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Drug Delivery Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Drug Delivery Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Drug Delivery Devices Market - Supply Chain
4.5. Global Drug Delivery Devices Market Forecast
4.5.1. Drug Delivery Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Drug Delivery Devices Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Drug Delivery Devices Market Absolute $ Opportunity
5. Global Drug Delivery Devices Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Drug Delivery Devices Market Size and Volume Forecast by Applications
5.3.1. Cardiovascular
Diabetes
Infectious Diseases
Cancer
Other
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Drug Delivery Devices Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Drug Delivery Devices Market Size and Volume Forecast by End Users
6.3.1. Hospitals
Ambulatory Surgical Centers
Others
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Drug Delivery Devices Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Drug Delivery Devices Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Drug Delivery Devices Demand Share Forecast, 2019-2026
8. North America Drug Delivery Devices Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Drug Delivery Devices Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Drug Delivery Devices Market Size and Volume Forecast by Applications
8.4.1. Cardiovascular
Diabetes
Infectious Diseases
Cancer
Other
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. North America Drug Delivery Devices Market Size and Volume Forecast by End Users
8.7.1. Hospitals
Ambulatory Surgical Centers
Others
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Drug Delivery Devices Demand Share Forecast, 2019-2026
9. Latin America Drug Delivery Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Drug Delivery Devices Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Drug Delivery Devices Market Size and Volume Forecast by Applications
9.4.1. Cardiovascular
Diabetes
Infectious Diseases
Cancer
Other
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Latin America Drug Delivery Devices Market Size and Volume Forecast by End Users
9.7.1. Hospitals
Ambulatory Surgical Centers
Others
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Drug Delivery Devices Demand Share Forecast, 2019-2026
10. Europe Drug Delivery Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Drug Delivery Devices Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Drug Delivery Devices Market Size and Volume Forecast by Applications
10.4.1. Cardiovascular
Diabetes
Infectious Diseases
Cancer
Other
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Europe Drug Delivery Devices Market Size and Volume Forecast by End Users
10.7.1. Hospitals
Ambulatory Surgical Centers
Others
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Drug Delivery Devices Demand Share Forecast, 2019-2026
11. Asia Pacific Drug Delivery Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Drug Delivery Devices Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Drug Delivery Devices Market Size and Volume Forecast by Applications
11.4.1. Cardiovascular
Diabetes
Infectious Diseases
Cancer
Other
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Asia Pacific Drug Delivery Devices Market Size and Volume Forecast by End Users
11.7.1. Hospitals
Ambulatory Surgical Centers
Others
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Drug Delivery Devices Demand Share Forecast, 2019-2026
12. Middle East & Africa Drug Delivery Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Drug Delivery Devices Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Drug Delivery Devices Market Size and Volume Forecast by Applications
12.4.1. Cardiovascular
Diabetes
Infectious Diseases
Cancer
Other
12.5. Basis Point Share (BPS) Analysis by Applications
12.6. Y-o-Y Growth Projections by Applications
12.7. Middle East & Africa Drug Delivery Devices Market Size and Volume Forecast by End Users
12.7.1. Hospitals
Ambulatory Surgical Centers
Others
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Drug Delivery Devices Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Drug Delivery Devices Market: Market Share Analysis
13.2. Drug Delivery Devices Distributors and Customers
13.3. Drug Delivery Devices Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Biocorp
Becton
Dickinson and Company
West Pharmaceutical Services Inc
Elcam Medical
Antares Pharma Inc