Spain Cancer Immunotherapy Market Size & Outlook

The cancer immunotherapy market in Spain is expected to reach a projected revenue of US$ 6,410.1 million by 2030. A compound annual growth rate of 9.9% is expected of Spain cancer immunotherapy market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,319.0
Forecast, 2030 (US$M)
$6,410.1
CAGR, 2024 - 2030
9.9%
Report Coverage
Spain

Spain cancer immunotherapy market highlights

  • The Spain cancer immunotherapy market generated a revenue of USD 3,319.0 million in 2023 and is expected to reach USD 6,410.1 million by 2030.
  • The Spain market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
  • In terms of segment, monoclonal antibodies was the largest revenue generating product in 2023.
  • Oncolytic Viral Therapies and Cancer Vaccines is the most lucrative product segment registering the fastest growth during the forecast period.


Cancer immunotherapy market data book summary

Market revenue in 2023USD 3,319.0 million
Market revenue in 2030USD 6,410.1 million
Growth rate9.9% (CAGR from 2023 to 2030)
Largest segmentMonoclonal antibodies
Fastest growing segmentOncolytic Viral Therapies and Cancer Vaccines
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMonoclonal Antibodies, Check Point Inhibitors, Oncolytic Viral Therapies and Cancer Vaccines
Key market players worldwidePfizer Inc, AstraZeneca PLC, Merck & Co Inc, Roche Holding AG, Bristol-Myers Squibb Co, Novartis AG ADR, Eli Lilly and Co, Johnson & Johnson, Immunocore Holdings PLC ADR


Other key industry trends

  • In terms of revenue, Spain accounted for 2.6% of the global cancer immunotherapy market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany cancer immunotherapy market is projected to lead the regional market in terms of revenue in 2030.
  • Spain is the fastest growing regional market in Europe and is projected to reach USD 6,410.1 million by 2030.

Monoclonal antibodies was the largest segment with a revenue share of 65.83% in 2023. Horizon Databook has segmented the Spain cancer immunotherapy market based on monoclonal antibodies, check point inhibitors, oncolytic viral therapies and cancer vaccines covering the revenue growth of each sub-segment from 2018 to 2030.


The program focused on nascent and emerging immunotherapeutic approaches, scientific advancements, ongoing clinical trials, opportunity analysis, methodology to reduce & mitigate adverse effects caused due to cancer treatment, and multidisciplinary approaches for optimal application of immunotherapy for treatment of cancer.

Earlier, Spain had hosted the European Society for Medical Oncology (ESMO) Congress in October2019. The forum discussions threw light on advanced cancer diagnosis, cancer vaccines, cellular therapies, and RNA therapy.

Cancer R&D of new drugs has been rapidly increasing in Spain and we anticipate the country to demonstrate healthy growth over the forecast period. Several players are entering the cancer immunotherapy market in Spain. For instance, Oryzon Genomics is investigating a combination of its epigenetic drug with chemotherapy in lung cancer.

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Cancer Immunotherapy Market Companies

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Spain cancer immunotherapy market size, by product, 2018-2030 (US$M)

Spain Cancer Immunotherapy Market Outlook Share, 2023 & 2030 (US$M)

Spain cancer immunotherapy market size, by product, 2018-2030 (US$M)

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