Market Trends of Italy Continuous Glucose Monitoring Devices Industry
Rising Diabetes Prevalence in Italy
The diabetes population in Italy is expected to grow by about 0.57% over the forecast period.
According to the International Diabetes Federation's latest reports, the prevalence of diabetes in adults in Italy was approximately 9.9%. The Italian health system is highly decentralized, with most administrative and organizational powers held by the regions. The National Diabetes Plan defines priorities and provides guidelines to improve the quality of diabetes care with a patient-centered focus. Regional and local authorities are responsible for its implementation, which varies among the 20 regions. Government policies play a critical role in improving the quality and safety of healthcare in a country at almost all levels of authority - state and local. Policy, systems, and environmental changes are essential to a long-term plan to prevent chronic diseases like diabetes.
The Italian National Healthcare Service (NHS) ensures universal coverage for all citizens. People living with diabetes have access, with no out-of-pocket expenditure, to all the medicines, devices, and medical services they need. Overall, Italy has a well-developed system of diabetes care, with numerous diabetes centers throughout the country and treatment free at the point of delivery.
The World Health Assembly Resolution 2022 recommends the integration of prevention and treatment of diabetes into primary health services, the development of pathways for a substantial increase in access to insulin, the promotion of convergence and harmonization of regulatory requirements for diabetes medicines and technologies, and improved diabetes monitoring and surveillance. Furthermore, it involves the WHO to advise the Member States to ensure the uninterrupted treatment of people living with diabetes in humanitarian emergencies. This important milestone provides a global mandate for diabetes efforts for the next decade.
Therefore, the studied market is anticipated to witness growth over the analysis period due to rising prevalence and the aforementioned factors.
The Sensors Segment holds the highest market share in the current year
The sensors segment holds the highest market share in the current year in the market studied.
A CGM consists of three parts: a sensor, a receiver, and a transmitter. Sensors are basically of two types; a sensor that can be inserted under the skin, with a sticky patch that helps it stay, is called a disposable sensor. Another type of CGM sensor is called an implantable sensor, which may be placed inside the body. CGM sensors estimate the glucose level in the fluid between the cells, which is similar to the glucose level in the blood. Sensors must be replaced at specific times, such as every few weeks, depending on the type.
Technological advances in sensors are likely to boost the segment growth. For instance, future CGM devices may use nanoparticle sensors that may demonstrate exceptional glucose response in the physiological range and are promising for real-time glucose tracking. Technological development is gaining momentum in the market. Over the years, several technological innovations have been developed that have led to the creation of new types of devices that are much less cumbersome and more comfortable for patients compared to traditional ones. Such advantages have helped the rise in the adoption of these products in the Italian market.
Furthermore, Italian law regulates the clinical care of people with diabetes and creates a framework involving medical organizations, prevention programs, personnel training, and legal protection. The National Health Program is structured in essential levels of assistance that can be defined differently in the various regions. The National Health Program is structured in LEAs (essential levels of assistance). LEAs define all the medical assistance modalities offered by the INHS to citizens, with or without partial contributions, based on a patient's income. Such reimbursement policies and the aforementioned factors are expected to drive the market over the forecast period.
