Spain Clinical Trial Supply & Logistics Market Size & Outlook
Spain clinical trial supply & logistics market, 2018-2030 (US$M)
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Spain clinical trial supply & logistics market highlights
- The Spain clinical trial supply & logistics market generated a revenue of USD 97.9 million in 2023 and is expected to reach USD 158.4 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, logistics & distribution was the largest revenue generating service in 2023.
- Logistics & distribution is the most lucrative service segment registering the fastest growth during the forecast period.
Clinical trial supply & logistics market data book summary
| Market revenue in 2023 | USD 97.9 million |
| Market revenue in 2030 | USD 158.4 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Logistics & distribution |
| Fastest growing segment | Logistics & distribution |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Logistics & distribution, Storage & retention, Packaging, labeling and blinding, Manufacturing, Comparator sourcing, Other services (solutions, ancillary supply) |
| Key market players worldwide | Thermo Fisher Scientific Inc, Catalent Inc, PAREXEL, Almac Group, Piramal Pharma Solutions, DHL Group, FedEx Corp, UDG Healthcare, Marken, Walden Group, PCI Pharma Services |
Other key industry trends
- In terms of revenue, Spain accounted for 2.6% of the global clinical trial supply & logistics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany clinical trial supply & logistics 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 194.5 million by 2030.
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Clinical Trial Supply & Logistics Market Scope
Clinical Trial Supply & Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain clinical trial supply & logistics 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 clinical trial supply & logistics market will help companies and investors design strategic landscapes.
Logistics & distribution was the largest segment with a revenue share of 25.33% in 2023. Horizon Databook has segmented the Spain clinical trial supply & logistics market based on logistics & distribution, storage & retention, packaging, labeling and blinding, manufacturing, comparator sourcing, other services (solutions, ancillary supply) covering the revenue growth of each sub-segment from 2018 to 2030.
Due to rising number of clinical trials, the demand for clinical trial supply and logistics is expected to grow at a significant rate in the region.
Clinical trials in early stages are growing rapidly in Spain due to high scientific level of professionals in Spanish National Health Systems & commitment of pharmaceutical firms to R&D.
Clinical trials in early stages accounted for 51.4% of the total market. This is largely due to the new Royal Decree of Clinical Trials, which came into effect in 2016 and created a much more favorable environment for R&D of new medicines.
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Target buyers of Spain clinical trial supply & logistics market databook
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Our clientele includes a mix of clinical trial supply & logistics 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 clinical trial supply & logistics market , including forecasts for subscribers. This country databook contains high-level insights into Spain clinical trial supply & logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain clinical trial supply & logistics market size, by service, 2018-2030 (US$M)
Spain Clinical Trial Supply & Logistics Market Outlook Share, 2023 & 2030 (US$M)
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