Spain Analytical Instrumentation Market Size & Outlook
Spain analytical instrumentation market, 2018-2030 (US$M)
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Spain analytical instrumentation market highlights
- The Spain analytical instrumentation market generated a revenue of USD 1,096.5 million in 2023 and is expected to reach USD 1,285.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 2.3% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
Analytical instrumentation market data book summary
| Market revenue in 2023 | USD 1,096.5 million |
| Market revenue in 2030 | USD 1,285.6 million |
| Growth rate | 2.3% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Services, Software |
| Key market players worldwide | Thermo Fisher Scientific Inc, Waters Corp, Shimadzu Corp, Danaher Corp, Agilent Technologies Inc, Bruker Corp, PerkinElmer, Mettler-Toledo International Inc, ZEISS Group, Bio-Rad Laboratories Inc, Illumina Inc, Eppendorf, Roche Holding AG, Sartorius AG, Avantor Inc |
Other key industry trends
- In terms of revenue, Spain accounted for 2.0% of the global analytical instrumentation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany analytical instrumentation market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 4,189.3 million by 2030.
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Analytical Instrumentation Market Scope
Analytical Instrumentation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain analytical instrumentation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to analytical instrumentation market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 55.32% in 2023. Horizon Databook has segmented the Spain analytical instrumentation market based on instruments, services, software covering the revenue growth of each sub-segment from 2018 to 2030.
Strong presence of well-established & emerging product manufacturers and continuous organic & inorganic growth strategies being adopted by them are expected to create a lucrative environment for market growth. For instance, in April 2019, Kinetic River, a U.S.-based flow cytometry company, signed an agreement with Italy-based EMC2 to distribute its flow cytometry products and services in Italy.
Furthermore, Paragon Genomics partnered with Devyser, which is one of the leading suppliers of consumables for advanced DNA testing to market CleanPlex products in Italy. Increasing demand for NGS in the country is expected to bring more such products to Italy.
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Our clientele includes a mix of analytical instrumentation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain analytical instrumentation market , including forecasts for subscribers. This country databook contains high-level insights into Spain analytical instrumentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain analytical instrumentation market outlook size, by product, 2018-2030 (US$M)
Spain Analytical Instrumentation Market Outlook Share, 2023 & 2030 (US$M)
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