Spain Hereditary Testing Market Size & Outlook, 2023-2030
Spain hereditary testing market, 2018-2030 (US$M)
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Spain hereditary testing market highlights
- The Spain hereditary testing market generated a revenue of USD 201.4 million in 2023 and is expected to reach USD 311.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, hereditary non-cancer testing was the largest revenue generating disease type in 2023.
- Hereditary Cancer Testing is the most lucrative disease type segment registering the fastest growth during the forecast period.
Hereditary testing market data book summary
| Market revenue in 2023 | USD 201.4 million |
| Market revenue in 2030 | USD 311.5 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Hereditary non-cancer testing |
| Fastest growing segment | Hereditary Cancer Testing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hereditary Cancer Testing, Hereditary Non-cancer Testing |
| Key market players worldwide | Myriad Genetics Inc, Invitae Corp, Illumina Inc, Natera Inc, Labcorp Holdings Inc, Roche Holding AG ADR, Quest Diagnostics Inc, CooperSurgical, Agilent Technologies Inc, Thermo Fisher Scientific Inc, Twist Bioscience Corp, Sophia Genetics SA, Fulgent Genetics Inc, MedGenome, Centogene NV Ordinary Shares, The Cooper Companies Inc |
Other key industry trends
- In terms of revenue, Spain accounted for 2.8% of the global hereditary testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany hereditary testing market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 426.9 million by 2030.
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Hereditary Testing Market Scope
Hereditary Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain hereditary testing 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 hereditary testing market will help companies and investors design strategic landscapes.
Hereditary non-cancer testing was the largest segment with a revenue share of 84.31% in 2023. Horizon Databook has segmented the Spain hereditary testing market based on hereditary cancer testing, hereditary non-cancer testing covering the revenue growth of each sub-segment from 2018 to 2030.
Breast cancer is the most frequent malignancy in Spanish women, with an incidence of around 85 cases per 100,000 women, as per International Agency for Research on Cancer data. The Spanish Medical Oncology Society (SEOM) laid down clinical criteria for selection of inherited breast cancer patients through a clinical guideline that would be eligible for genetic testing.
European Society for Medical Oncology provides its own guidelines that focus on prevention and screening of cancer among individuals known to harbor pathogenic BRCA1/BRCA2 mutations. The presence of these mutations’ accounts for majority of hereditary breast and ovarian cancer syndromes.
Spanish regulatory framework for hereditary testing of inherited cancer cases is expected to streamline cancer testing in Spain, which, in turn, increases the adoption of accurate and improved testing solutions across the Spanish market.
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Our clientele includes a mix of hereditary testing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain hereditary testing market, including forecasts for subscribers. This country databook contains high-level insights into Spain hereditary testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain hereditary testing market size, by disease type, 2018-2030 (US$M)
Spain Hereditary Testing Market Share, 2023 & 2030 (US$M)
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