In 2023, Italy's expenditure on R&D in Medical and Health Sciences was approximately consistent with prior years' trends, which sets the baseline for future growth. Forecast data from 2024 onward suggests a steady increase, with values rising from 1.01 billion euros in 2024 to 1.07 billion euros by 2028.
* Year-on-year growth from 2024 to 2027 shows steady increases approximately between 1% and 2% annually, indicating a moderate yet sustained investment trajectory.
* The compounded annual growth rate (CAGR) for the forecast period suggests an average annual increase of about 1.4% in expenditure.
In forecasting future trends, stakeholders should monitor policy changes, innovations in research technologies, and potential funding alterations that could affect the growth rate of R&D investments in Medical and Health Sciences in Italy.
