Spain Chemiluminescence Immunoassay Market Size & Outlook

The chemiluminescence immunoassay market in Spain is expected to reach a projected revenue of US$ 305.8 million by 2028. A compound annual growth rate of 8.4% is expected of Spain chemiluminescence immunoassay market from 2021 to 2028.
Revenue, 2020 (US$M)
$160.6
Forecast, 2028 (US$M)
$305.8
CAGR, 2021 - 2028
8.4%
Report Coverage
Spain

Spain chemiluminescence immunoassay market, 2016-2028 (US$M)

Spain

Spain chemiluminescence immunoassay market highlights

  • The Spain chemiluminescence immunoassay market generated a revenue of USD 160.6 million in 2020 and is expected to reach USD 305.8 million by 2028.
  • The Spain market is expected to grow at a CAGR of 8.4% from 2021 to 2028.
  • In terms of segment, consumables was the largest revenue generating product & services in 2020.
  • Consumables is the most lucrative product & services segment registering the fastest growth during the forecast period.


Chemiluminescence immunoassay market data book summary

Market revenue in 2020USD 160.6 million
Market revenue in 2028USD 305.8 million
Growth rate8.4% (CAGR from 2020 to 2028)
Largest segmentConsumables
Fastest growing segmentConsumables
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationConsumables, Instruments, Software & Services
Key market players worldwideDiasorin SpA, Abbott Laboratories, Siemens Healthineers AG ADR, QuidelOrtho Corp, shenzhen mindray automation equipment co., Immunodiagnostic Systems, Beckman Coulter, Roche Holding AG ADR, Roche, Inova Diagnostics, Maccura


Other key industry trends

  • In terms of revenue, Spain accounted for 2.2% of the global chemiluminescence immunoassay market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Europe, Germany chemiluminescence immunoassay market is projected to lead the regional market in terms of revenue in 2028.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 573.3 million by 2028.

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Chemiluminescence Immunoassay Market Companies

Name Profile # Employees HQ Website

Spain chemiluminescence immunoassay 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 chemiluminescence immunoassay market will help companies and investors design strategic landscapes.


Consumables was the largest segment with a revenue share of 66.13% in 2020. Horizon Databook has segmented the Spain chemiluminescence immunoassay market based on consumables, instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.


Spain chemiluminescence immunoassay market is anticipated to exhibit steady growth over the forecast period due to growing prevalence of chronic diseases and increasing R&D for development of novel diagnostic tools.

As per GLOBOCAN, in 2020, around 282,421 new cases of cancer were diagnosed in Spain, which led to around 113,054 deaths in the same year. Moreover, according to International Diabetes Federation, about 3,584,500 people were estimated to be affected with diabetes in 2017 and the prevalence was estimated to be 10.4%.

Various initiatives undertaken by hospitals in Spain to increase awareness regarding prostate cancer are expected to drive the market growth. For instance, in September 2018, the Hospital Quirónsalud Torrevieja launched a new edition of an awareness campaign for early diagnosis of the disease on the occasion of Prostate Cancer Awareness Month.

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Horizon Databook provides a detailed overview of country-level data and insights on the Spain chemiluminescence immunoassay market , including forecasts for subscribers. This country databook contains high-level insights into Spain chemiluminescence immunoassay market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Spain chemiluminescence immunoassay market size, by product & services, 2016-2028 (US$M)

Spain Chemiluminescence Immunoassay Market Outlook Share, 2020 & 2028 (US$M)

Spain chemiluminescence immunoassay market size, by product & services, 2016-2028 (US$M)

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