Spain Branded Generics Market Size & Outlook, 2021-2030
Spain branded generics market, 2018-2030 (US$M)
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Spain branded generics market highlights
- The Spain branded generics market generated a revenue of USD 3.2 billion in 2021 and is expected to reach USD 5.2 billion by 2030.
- The Spain market is expected to grow at a CAGR of 5.4% from 2022 to 2030.
- In terms of segment, anti-hypertensive was the largest revenue generating drug class in 2021.
- Hormones is the most lucrative drug class segment registering the fastest growth during the forecast period.
Branded generics market data book summary
| Market revenue in 2021 | USD 3.2 billion |
| Market revenue in 2030 | USD 5.2 billion |
| Growth rate | 5.4% (CAGR from 2021 to 2030) |
| Largest segment | Anti-hypertensive |
| Fastest growing segment | Hormones |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Alkylating Agents, Antimetabolites, Hormones, Anti-hypertensive, Lipid Lowering drugs, Anti-depressants, Anti-psychotics, Anti-epileptics |
| Key market players worldwide | Teva Pharmaceutical Industries Ltd, Lupin, Sanofi SA, Sun Pharmaceutical Industries, Dr. Reddy’s Laboratories, GlaxoSmithKline, Pfizer Inc, Apotex Inc., Viatris Inc |
Other key industry trends
- In terms of revenue, Spain accounted for 1.4% of the global branded generics market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany branded generics market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 6.7 billion by 2030.
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Branded Generics Market Scope
Branded Generics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain branded generics 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 branded generics market will help companies and investors design strategic landscapes.
Anti-hypertensive was the largest segment with a revenue share of 15.63% in 2021. Horizon Databook has segmented the Spain branded generics market based on alkylating agents, antimetabolites, hormones, anti-hypertensive, lipid lowering drugs, anti-depressants, anti-psychotics, anti-epileptics covering the revenue growth of each sub-segment from 2018 to 2030.
Spanish generic pharmaceutical market is projected to witness a moderate growth over the forecast period. INN prescribing and substitution is changing the generics landscape in the county. The country’s generic market is dominated by local players.
Government is taking more active initiatives in mandating generics prescription policies, such as tendering system, which is expected to help the competitive landscape evolve in Spain. Since physicians are now mandated to prescribe drugs using INN, using a local sales force is becoming less effective.
Government efforts to reduce the financial burden on the healthcare system and increasing investment on pharmaceuticals to address the unmet needs of patients are expected to drive growth. However, political instability negatively affected healthcare system of the country.
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Our clientele includes a mix of branded generics market companies, investment firms, advisory firms & academic institutions.
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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 branded generics market , including forecasts for subscribers. This country databook contains high-level insights into Spain branded generics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain branded generics market size, by drug class, 2018-2030 (US$M)
Spain Branded Generics Market Outlook Share, 2021 & 2030 (US$M)
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