The forecasted business expenditure on R&D in the Italian pharmaceutical manufacturing sector is projected to grow gradually, rising from 0.057% of GDP in 2024 to 0.06% in 2028. This continued increase, though modest, suggests a steady commitment to innovation in the industry.
The year-on-year growth from 2024 to 2025 is approximately 1.75%, with a similar trend continuing through 2028. Over the next five years, the Compound Annual Growth Rate (CAGR) is 1.07%, reflecting a stable expansion rate.
Future trends to watch:
- Advancements in pharmaceuticals that might drive increased R&D spending.
- Policy changes or economic factors affecting research investment.
- Global competitive pressures requiring Italian firms to innovate more aggressively.
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