Forecast: Government Expenditure on R&D in Medical and Health Sciences in Italy

In 2023, Italy's government expenditure on R&D in medical and health sciences stood at 1.07 billion USD PPP. From 2024 onwards, a gradual increase is forecasted, reaching 1.13 billion by 2028. The year-on-year growth rates are modest, with an average annual increase (CAGR) of approximately 1.12% over the next five years. This steady growth reflects a cautious yet sustained investment in the sector.

Future trends to watch for:

  • Shifts in governmental priorities could further influence funding increases or adjustments in specific fields.
  • Emerging health crises or technological advancements could prompt a reassessment of investment levels.
  • Collaboration with international agencies might introduce additional funding sources and innovation partnerships.

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