In 2023, the sales of systemic hormonal preparations (excluding sex hormones and insulins) in Italy stood at 557.5 million USD. From 2024 onwards, the forecasted data indicates a steady decline in sales, with the market expected to reach 548.8 million USD by 2028. This reflects a modest annual contraction, with specific year-on-year reductions being: -0.36% in 2025, -0.29% in 2026, -0.25% in 2027, and -0.22% in 2028. The compound annual growth rate (CAGR) over the forecasted period is -0.31%.
Future trends to watch for:
- The impact of new therapies and technological advancements on demand.
- Government policies and healthcare budget allocations influencing market dynamics.
- The evolution of patient demographics, particularly aging populations and their specific hormonal therapy needs.
- Potential shifts in global supply chain efficiencies affecting product availability.