Spain Biosensors Market Size & Outlook, 2025-2030
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Spain biosensors market highlights
- The Spain biosensors market generated a revenue of USD 526.9 million in 2024 and is expected to reach USD 878.8 million by 2030.
- The Spain market is expected to grow at a CAGR of 9.1% from 2025 to 2030.
- In terms of segment, electrochemical was the largest revenue generating technology in 2024.
- Electrochemical is the most lucrative technology segment registering the fastest growth during the forecast period.
Biosensors market data book summary
| Market revenue in 2024 | USD 526.9 million |
| Market revenue in 2030 | USD 878.8 million |
| Growth rate | 9.1% (CAGR from 2025 to 2030) |
| Largest segment | Electrochemical |
| Fastest growing segment | Electrochemical |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermal, Electrochemical, Piezoeletric, Optical |
| Key market players worldwide | Bio-Rad Laboratories Inc, Medtronic PLC, Abbott Laboratories, Biosensors, Pinnacle Financial Partners Inc, DuPont Nutrition & Biosciences, Johnson & Johnson, Koninklijke Philips NV, Nova Biomedical, Koch Industries, TDK Corp, Siemens AG |
Other key industry trends
- In terms of revenue, Spain accounted for 1.8% of the global biosensors market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany biosensors 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 3,430.6 million by 2030.
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Biosensors Market Scope
Biosensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TDK Corp | View profile | 102908 | Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, Japan | http://www.tdk.co.jp |
| Pinnacle Financial Partners Inc | View profile | 3357 | 150 Third Avenue South, Suite 900, Nashville, TN, United States, 37201 | https://www.pnfp.com |
| DuPont Nutrition & Biosciences | View profile | 1001-5000 | New York, New York, United States, North America | https://www.dupontnutritionandbiosciences.com/ |
| Koch Industries | View profile | 10001+ | Wichita, Kansas, United States, North America | https://www.kochind.com |
| Biosensors | View profile | 1001-5000 | Singapore, Central Region, Singapore, Asia | http://biosensors.com |
| Nova Biomedical | View profile | 501-1000 | Waltham, Massachusetts, United States, North America | http://www.novabio.us |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Spain biosensors 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 biosensors market will help companies and investors design strategic landscapes.
Electrochemical was the largest segment with a revenue share of 79.56% in 2024. Horizon Databook has segmented the Spain biosensors market based on thermal, electrochemical, piezoeletric, optical covering the revenue growth of each sub-segment from 2018 to 2030.
The Spain biosensors market is anticipated to witness considerable growth rate over the forecast period. Increasing geriatric population in Spain and rising incidence of diabetes are among the major factors driving the market growth.
For instance, as per the report published by International Diabetes Federation in 2020, the prevalence rate of diabetes in Spain was around 10.5%, and around 3,619,100 cases of diabetes were reported in adults. Such factors are anticipated to increase the demand for biosensors, which in turn is expected to fuel the market growth.
Presence of a developed healthcare system in Spain may also encourage many major players to enter the market, thereby propelling the market growth. According to WHO, as compared to other OECD European countries, the Spanish health system is well advanced and ensures adoption of innovative technologies by practitioners.
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Target buyers of Spain biosensors market databook
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Our clientele includes a mix of biosensors market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain biosensors market , including forecasts for subscribers. This country databook contains high-level insights into Spain biosensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain biosensors market size, by technology, 2018-2030 (US$M)
Spain Biosensors Market Outlook Share, 2024 & 2030 (US$M)
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