Market revenue in 2023 | USD 9.3 million |
Market revenue in 2030 | USD 15.0 million |
Growth rate | 7.1% (CAGR from 2023 to 2030) |
Largest segment | Bioavailability & bioequivalence studies |
Fastest growing segment | Bioavailability & Bioequivalence Studies |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Bioavailability & Bioequivalence Studies, Pharmacokinetics, Pharmacodynamics, Other test type |
Key market players worldwide | IQVIA Holdings Inc, Labcorp Holdings Inc, Thermo Fisher Scientific Inc, Pharmaron Beijing Co Ltd Ordinary Shares - Class H, Charles River Laboratories International Inc, Syneos Health, Intertek Group PLC |
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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 cell & gene therapy bioanalytical testing services market will help companies and investors design strategic landscapes.
Bioavailability & bioequivalence studies was the largest segment with a revenue share of 35.48% in 2023. Horizon Databook has segmented the Spain cell & gene therapy bioanalytical testing services market based on bioavailability & bioequivalence studies, pharmacokinetics, pharmacodynamics, other test type covering the revenue growth of each sub-segment from 2018 to 2030.
Growing investments in cell and gene therapy R&D in Spain are among the factors propelling the market growth. Research initiatives are being undertaken by academic institutions, pharmaceutical companies, and biotech startups.
For example, in July 2021, the German company Bayer launched a new gene therapy facility in San Sebastián, Spain, at its Viralgen subsidiary. This initiative increased the capacity of the facility five times and enabled full project coverage from the preclinical stage to commercial production.
Thus, such types of initiatives by major industry players are expected to fuel the country's market growth. Furthermore, the country features an increasing number of ongoing clinical investigations, which are likely to boost market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain cell & gene therapy bioanalytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into Spain cell & gene therapy bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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