BROWSE THROUGH OUR TRADE FAIRS IN ITALY FOR MEDICAL & PHARMA INDUSTRY

Italy is regarded as one of the prominent, leading and time-established countries in the medical and pharma industry. It applies to the European and global segments of the market. This is because of the expansiveness and substantial values of the sector. For example, in recent years, the market has generated a production value of more than 41 000 000 000 EUR. It equals around 10% of the state’s GDP or gross domestic product. An extensive range of companies produce such values. For example, its medical equipment segment features around 4 500 enterprises and more than 118 000 experts. This results in the generation of high, notable turnover rates. For example, the medical equipment section has produced up to 11 850 000 000 EUR of revenue in recent years. This results in the country being the fourth most extensive European medical equipment market. Likewise, the state’s biotechnology sector, while compact (more than 800 enterprises employing over 13 700 specialists) generated high annual turnover rates. For example, in recent years, it has produced revenues of more than 13 950 000 000 EUR. The Italian medical and pharma industry is also one of the leading innovation hubs of the market. This is due to its chief focus on researching and developing innovations. It involves making investments of up to 2 500 000 000 EUR in R&D operations. Generally, the sector presents its latest innovations during trade expos. Examples include events held every year in various cities of the state. Tens of thousands of attendants take part in such exhibitions.