Italy Biotechnology Market Summary, Competitive Analysis and Forecast to 2028
Summary
Biotechnology in Italy industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The biotechnology market encompasses a broad range of technologies, products, and services that utilize biological systems, organisms, or derivatives to develop or modify processes or products for specific applications.
- The Italian biotechnology market recorded revenues of $16.4 billion in 2023, representing a compound annual growth rate (CAGR) of 3.7% between 2018 and 2023.
- The environment & industrial processing segment accounted for the market's largest proportion in 2023, with total revenues of $4.6 billion, equivalent to 28.1% of the market's overall value.
- Italian biotech companies have significantly contributed to the fight against COVID-19, focusing on gene sequencing, identifying disease-causing receptors, and developing vaccines, antiviral drugs, and monoclonal antibodies. The red biotech sector accounts for half of these companies, with pharmaceutical and medical device biotech firms generating 74% of turnover.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the biotechnology market in Italy
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biotechnology market in Italy
- Leading company profiles reveal details of key biotechnology market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Italy biotechnology market with five year forecasts
- What was the size of the Italy biotechnology market by value in 2023?
- What will be the size of the Italy biotechnology market in 2028?
- What factors are affecting the strength of competition in the Italy biotechnology market?
- How has the market performed over the last five years?
- What are the main segments that make up Italy's biotechnology market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What is the rationale behind recent M&A activity?
- 8 Company Profiles
- 8.1. A Menarini Industrie Farmaceutiche Riunite Srl
- 8.2. Recordati S.p.A.
- 8.3. Zambon Co SpA
- 8.4. AGC Biologics SpA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Italy biotechnology industry value: $ million, 2018-23
- Table 2: Italy biotechnology industry category segmentation: % share, by value, 2018-2023
- Table 3: Italy biotechnology industry category segmentation: $ million, 2018-2023
- Table 4: Italy biotechnology industry geography segmentation: $ million, 2023
- Table 5: Italy biotechnology industry value forecast: $ million, 2023-28
- Table 6: A Menarini Industrie Farmaceutiche Riunite Srl: key facts
- Table 7: A Menarini Industrie Farmaceutiche Riunite Srl: Key Employees
- Table 8: Recordati S.p.A.: key facts
- Table 9: Recordati S.p.A.: Annual Financial Ratios
- Table 10: Recordati S.p.A.: Key Employees
- Table 11: Zambon Co SpA: key facts
- Table 12: Zambon Co SpA: Key Employees
- Table 13: AGC Biologics SpA: key facts
- Table 14: AGC Biologics SpA: Key Employees
- Table 15: Italy size of population (million), 2019-23
- Table 16: Italy gdp (constant 2005 prices, $ billion), 2019-23
- Table 17: Italy gdp (current prices, $ billion), 2019-23
- Table 18: Italy inflation, 2019-23
- Table 19: Italy consumer price index (absolute), 2019-23
- Table 20: Italy exchange rate, 2019-23
- List of Figures
- Figure 1: Italy biotechnology industry value: $ million, 2018-23
- Figure 2: Italy biotechnology industry category segmentation: $ million, 2018-2023
- Figure 3: Italy biotechnology industry geography segmentation: % share, by value, 2023
- Figure 4: Italy biotechnology industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the biotechnology industry in Italy, 2023
- Figure 6: Drivers of buyer power in the biotechnology industry in Italy, 2023
- Figure 7: Drivers of supplier power in the biotechnology industry in Italy, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the biotechnology industry in Italy, 2023
- Figure 9: Factors influencing the threat of substitutes in the biotechnology industry in Italy, 2023
- Figure 10: Drivers of degree of rivalry in the biotechnology industry in Italy, 2023
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