Spain Autosamplers Market Size & Outlook, 2020-2027
Spain autosamplers market, 2016-2027 (US$M)
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Spain autosamplers market highlights
- The Spain autosamplers market generated a revenue of USD 29.2 million in 2020 and is expected to reach USD 45.6 million by 2027.
- The Spain market is expected to grow at a CAGR of 6.6% from 2021 to 2027.
- In terms of segment, autosampler systems was the largest revenue generating product in 2020.
- Autosampler Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Autosamplers market data book summary
| Market revenue in 2020 | USD 29.2 million |
| Market revenue in 2027 | USD 45.6 million |
| Growth rate | 6.6% (CAGR from 2020 to 2027) |
| Largest segment | Autosampler systems |
| Fastest growing segment | Autosampler Systems |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Autosampler Systems, Autosampler Accessories |
| Key market players worldwide | IQVIA Holdings Inc, Icon PLC, Charles River Laboratories International Inc, Pharmaceutical Product Development |
Other key industry trends
- In terms of revenue, Spain accounted for 2.5% of the global autosamplers market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Europe, UK autosamplers market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 77.8 million by 2027.
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Autosamplers Market Scope
Autosamplers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain autosamplers 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 autosamplers market will help companies and investors design strategic landscapes.
Autosampler systems was the largest segment with a revenue share of 63.01% in 2020. Horizon Databook has segmented the Spain autosamplers market based on autosampler systems, autosampler accessories covering the revenue growth of each sub-segment from 2016 to 2027.
Spain is one of the most important market within the Europe for medical products. Small and medium size companies dominate 90% of the market and they are responsible for more than 40% of sales. Whereas large sized companies, account for 8-10% of sales and generate approximately 60% of sales for the country.
The rise in manufacturing and research facilities in the countries is anticipated to fuel the market growth. For instance, in 2020, AGC Inc. announced expansion of its production capabilities and establishment of new R&D facility of its pharma CDMO subsidiary located in Spain High prevalence of infectious diseases, such as COVID-19, in the country is anticipated to increase the demand for vaccines in the country.
For instance, as of March 2020, nearly 40,000 COVID-19 infections were present in the country. This is anticipated to trigger a need for rapid drug development and approval process, thereby indirectly increasing the demand for advanced analytical testing products such as autosamplers.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain autosamplers market, including forecasts for subscribers. This country databook contains high-level insights into Spain autosamplers market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Spain autosamplers market size, by product, 2016-2027 (US$M)
Spain Autosamplers Market Share, 2020 & 2027 (US$M)
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