Italy Digital Health Market Analysis Report 2022 to 2030

Italy Digital Health Market Analysis

$ 3999

The Italy Digital Health market is projected to grow from $5.06 Bn in 2022 to $19.16 Bn by 2030, registering a CAGR of 18.1% during the forecast period of 2022 - 2030. Driven by factors such as government policies, high penetration of smartphones, and technological developments, the market is segmented by solution, deployment, and by end-use. Some of the major players include Noon Care, Ultraspecialisti & HelParkinson.

ID: IN10ITDH005 CATEGORY: Digital Health GEOGRAPHY: Italy

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Italy Digital Health Market Executive Summary

The Italy Digital Health market is projected to grow from $5.06 Bn in 2022 to $19.16 Bn by 2030, registering a CAGR of 18.1% during the forecast period of 2022 - 2030. Italy's healthcare system is frequently ranked among the finest in the world. According to the World Health Organization (WHO) Global Health Expenditure database, healthcare spending in Italy in 2019 was $2,906, a 3.17% decrease from $3,001 in 2018 which was a 6.8% increase over 2017. The decline is expected to recover by 2024.

The Italy government has been encouraging the development of digital health in order to increase access to healthcare services. To improve healthcare delivery efficiencies, programs such as telemedicine, which allows patients to receive primary healthcare from a distance, e–health solutions such as Electronic Medical Records (EMRs), video consultations with healthcare professionals, remote monitoring of patient's health status, and the use of mobile applications to track symptoms and manage chronic diseases. They have had a significant influence in terms of providing patients with ease and accessibility, as well as potentially lowering healthcare expenditures in Italy.

Italy Digital Health Market Analysis

Market Dynamics

Market Growth Drivers

The Italian government has made substantial investments in digital health programs such as the “National Health Service's telemedicine program”, which aims to broaden healthcare access in remote and underdeveloped areas. Italy has a high penetration of smartphones and internet access, which facilitates the adoption of digital health solutions. With the increasing population leading to the increasing demand for medical services, COVID – 19 pandemic generating space for new alternatives to meet the growing demand, technological innovations and investments in the same, and cost savings aided by the adoption of digital health have been all adding up to generate space for the growth of digital health market in Italy.

Market Restraints

The digital health sector in Italy is still relatively young, and there is a lack of standardization and regulation, making it challenging for businesses to navigate and caregivers to implement digital health solutions. The reimbursement policies being limited to a certain type of products and services makes it a limiting factor to the growth of the sector. Moreover, issues such as data privacy while handling a such huge number of medical data, resistance to acceptance of new methods & limitation to healthcare infrastructure in a certain area of Italy impacts the overall implementation of digital health solutions. Though the government is working on improvising the policies and is expected to have a more resilient system catering to the digital health sector in the future.

Competitive Landscape

Key Players

Noon Care (ITA)
Ultraspecialisti (ITA)
HelParkinson (ITA)
Genome Acess (ITA)
Thairis (ITA)

Notable Recent Deals

2019: HelParkinson partnered with Parkinson's UK, a leading charity in Parkinson's disease research, to bring the HelParkinson mobile application to people living with Parkinson's in the UK.

Healthcare Policies and Regulatory Landscape

Italy has a healthcare system regulated by The Ministry of Health. It is also a promoter and implementing body for digital health initiatives. The National Health Service (NHS) has implemented a telemedicine program that allows patients to consult with healthcare professionals remotely which is applicable to Italy. Italy Privacy Authority has also accepted General Data Protection Regulation GDPR to regulate the collection, use, and storage of personal information. The GDPR applies to digital health solutions as well, which are required to comply with the regulations on data protection.

Reimbursement Scenario

The healthcare system in Italy is a regionally based national health service known as Servizio Sanitario Nazionale (SSN). It provides universal coverage to citizens and residents, with public healthcare largely free of charge.

1. Executive Summary
1.1 Digital Health Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Digital Health Policy in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Digital Health Market Segmentation

The Digital Health Market is segmented as mentioned below:

By Solution (Revenue, USD Billion):

Software
Services

By Deployment (Revenue, USD Billion):

Cloud-based
On-premises

By End-use (Revenue, USD Billion):

Diagnostic Centres
Healthcare Payers
Healthcare Research Centres
Hospitals & Clinics
Nursing Care Centres
Others

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.