Spain Compound Management Market Size & Outlook, 2022-2030
Spain compound management market, 2018-2030 (US$M)
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Spain compound management market highlights
- The Spain compound management market generated a revenue of USD 18.4 million in 2022 and is expected to reach USD 60.1 million by 2030.
- The Spain market is expected to grow at a CAGR of 16% from 2023 to 2030.
- In terms of segment, product was the largest revenue generating type in 2022.
- Service is the most lucrative type segment registering the fastest growth during the forecast period.
Compound management market data book summary
| Market revenue in 2022 | USD 18.4 million |
| Market revenue in 2030 | USD 60.1 million |
| Growth rate | 16% (CAGR from 2022 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Service |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Service |
| Key market players worldwide | Azenta Inc, Tecan Group AG, Hamilton Lane Inc Class A, Evotec SE, LiCONiC, SPT Labtech, BioAscent, Beckman Coulter, Axxam |
Other key industry trends
- In terms of revenue, Spain accounted for 3.9% of the global compound management market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany compound management 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 60.1 million by 2030.
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Compound Management Market Scope
Compound Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain compound management 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 compound management market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 63.04% in 2022. Horizon Databook has segmented the Spain compound management market based on product, service covering the revenue growth of each sub-segment from 2018 to 2030.
The compound management market in Spain is highly competitive and has many leading players contributing to the growth of the market in the country. Several top players, such as Hamilton Company, Bio Ascent, and Evotec, are adopting various strategies like product launches, mergers & acquisitions, and expansions to increase the availability of services and products in the country.
These companies compete based on factors like pricing, quality of service, range of services offered, and customer support. The increasing demand for drug discovery and development services in Spain is expected to drive the growth of the compound management market.
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Target buyers of Spain compound management market databook
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Our clientele includes a mix of compound management 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 compound management market , including forecasts for subscribers. This country databook contains high-level insights into Spain compound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain compound management market size, by type, 2018-2030 (US$M)
Spain Compound Management Market Outlook Share, 2022 & 2030 (US$M)
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