Spain Genomics Market Size & Outlook, 2023-2030

The genomics market in Spain is expected to reach a projected revenue of US$ 5,739.9 million by 2030. A compound annual growth rate of 15.8% is expected of Spain genomics market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,052.9
Forecast, 2030 (US$M)
$5,739.9
CAGR, 2024 - 2030
15.8%
Report Coverage
Spain

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Spain genomics market, 2018-2030 (US$M)

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Spain genomics market highlights

  • The Spain genomics market generated a revenue of USD 2,052.9 million in 2023 and is expected to reach USD 5,739.9 million by 2030.
  • The Spain market is expected to grow at a CAGR of 15.8% from 2024 to 2030.
  • In terms of segment, functional genomics was the largest revenue generating application in 2023.
  • Pathway Analysis is the most lucrative application segment registering the fastest growth during the forecast period.


Genomics market data book summary

Market revenue in 2023USD 2,052.9 million
Market revenue in 2030USD 5,739.9 million
Growth rate15.8% (CAGR from 2023 to 2030)
Largest segmentFunctional genomics
Fastest growing segmentPathway Analysis
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFunctional Genomics, Epigenomics, Pathway Analysis, Biomarker Discovery
Key market players worldwideAgilent Technologies Inc, Bio-Rad Laboratories Inc, Danaher Corp, Eppendorf, Eurofins Scientific SE, Roche Holding AG ADR, GE Aerospace, Illumina Inc, Myriad Genetics Inc, Oxford Nanopore Technologies PLC, Pacific Biosciences of California Inc, Qiagen NV, Quest Diagnostics Inc, Thermo Fisher Scientific Inc, 23andMe Holding Co Class A


Other key industry trends

  • In terms of revenue, Spain accounted for 6.3% of the global genomics market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Spain genomics market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 3,005.8 million by 2030.

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Genomics Market Companies

Name Profile # Employees HQ Website
Oxford Nanopore Technologies PLC View profile 1133 Edmund Halley Road, Gosling Building, Oxford Science Park, Oxford, Oxfordshire, United Kingdom, OX4 4DQ https://www.nanoporetech.com
Eppendorf View profile 1001-5000 Hamburg, Hamburg, Germany, Europe https://dasgip.de
23andMe Holding Co Class A View profile 816 349 Oyster Point Boulevard, South San Francisco, CA, United States, 94080 https://www.23andme.com
Pacific Biosciences of California Inc View profile 796 1305 O’Brien Drive, Menlo Park, CA, United States, 94025 https://www.pacb.com
Myriad Genetics Inc View profile 2700 320 Wakara Way, Salt Lake City, UT, United States, 84108 https://www.myriad.com
Eurofins Scientific SE View profile 61798 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 https://www.eurofins.com
Qiagen NV View profile 5900 Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL https://www.qiagen.com
Bio-Rad Laboratories Inc View profile 8030 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 https://www.bio-rad.com
Agilent Technologies Inc View profile 17700 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 https://www.agilent.com
Illumina Inc View profile 9300 5200 Illumina Way, San Diego, CA, United States, 92122 https://www.illumina.com
Quest Diagnostics Inc View profile 48000 500 Plaza Drive, Secaucus, NJ, United States, 07094 https://www.questdiagnostics.com
Danaher Corp View profile 63000 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 https://www.danaher.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
GE Aerospace View profile 125000 One Financial Center, Suite 3700, Boston, MA, United States, 02111 https://www.geaerospace.com
Roche Holding AG ADR View profile 103605 Grenzacherstrasse 124, Basel, Switzerland, 4070 https://www.roche.com

Spain genomics 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 genomics market will help companies and investors design strategic landscapes.


Functional genomics was the largest segment with a revenue share of 31.69% in 2023. Horizon Databook has segmented the Spain genomics market based on functional genomics, epigenomics, pathway analysis, biomarker discovery covering the revenue growth of each sub-segment from 2018 to 2030.


Over time, Spain has become a competitive and attractive market for genomics. In September 2020, the Spanish government allocated USD 29.5 million for genomic & precision medicine and data science. This investment aimed to increase the capability of the regional health system and usage scientific knowledge as a tool to hold economic attractiveness by contributing to innovation.

The segment of investment included genomic medicine, predictive medicine, big data health, precision medicine training and advanced & personalized therapy. This government initiative was expected to strengthen the position of existing players as well as attract new startups.

EASI-Genomics is headquartered in Spain and operates via collaborations with various key genome centers in the European region to facilitate access to novel technologies pertaining to DNA sequencing. These collaborations are also expected to operate within a framework that enables compliance with both legal and ethical requirements while ensuring secure & safe data management.

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Target buyers of Spain genomics market databook

  • Our clientele includes a mix of genomics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 genomics market , including forecasts for subscribers. This country databook contains high-level insights into Spain genomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Spain genomics market size, by application, 2018-2030 (US$M)

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

Spain genomics market size, by application, 2018-2030 (US$M)

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