Items can restore from various conditions, that task can also be performed with magic.
So far, curing with items is faster and more reliable, than curing with magic.
One needs to gather energy to use magic, items however, are already prepared for instant use.
Although Magic can cure multiple targets at once, and items don't.
Very effective are Magic bombs, they are like Items and Magic joined together.
Tarot Cards can help get out of a tough situation.