Key Market Indicators
Italian pharmaceutical production is projected to hit €6.75 billion by 2028, up from around €5.96 billion in 2023. This growth represents an average annual increase of 2%. Since 2013, Italy's pharmaceutical supply has surged by an average of 3.9% each year. In 2023, Italy secured the second spot in global rankings, with Switzerland taking the lead by matching Italy's €5.96 billion output. In addition to Italy, Spain and Austria followed closely, ranking third and fourth respectively in pharmaceutical production.