Spain In Vivo Cro Market Size & Outlook, 2023-2030
Spain in vivo cro market, 2018-2030 (US$M)
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Spain in vivo cro market highlights
- The Spain in vivo cro market generated a revenue of USD 182.0 million in 2023 and is expected to reach USD 328.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, small molecule was the largest revenue generating modality type in 2023.
- Large Molecule is the most lucrative modality type segment registering the fastest growth during the forecast period.
In vivo cro market data book summary
| Market revenue in 2023 | USD 182.0 million |
| Market revenue in 2030 | USD 328.5 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Small molecule |
| Fastest growing segment | Large Molecule |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Molecule, Large Molecule |
| Key market players worldwide | IQVIA Holdings Inc, JSR Corp, Taconic Biosciences, Evotec SE, Janvier Labs, Charles River Laboratories International Inc, Icon PLC, Labcorp Holdings Inc, PAREXEL, GemPharmatech, PsychoGenics, Biocytogen, SMO-Group |
Other key industry trends
- In terms of revenue, Spain accounted for 3.9% of the global in vivo cro market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany in vivo cro 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 328.5 million by 2030.
Small molecule was the largest segment with a revenue share of 63.57% in 2023. Horizon Databook has segmented the Spain in vivo cro market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2018 to 2030.
Spain is considered to be a major offshoring & outsourcing country for conducting preclinical & clinical studies, owing to the availability of experienced investigators, established research quality, and a skilled workforce. In addition, approximately 19% of the R&D investment in the country is dedicated to the pharmaceutical industry.
Continuous support from the government has improved the healthcare infrastructure in the country and has accelerated the advancements in R&D. These factors are expected to increase the demand for in vivo CRO services as pharmaceutical companies seek external expertise for their R&D activities. This trend is anticipated to propel market growth during the forecast period.
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In Vivo CRO Market Scope
In Vivo CRO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain in vivo cro market size, by modality type, 2018-2030 (US$M)
Spain In Vivo CRO Market Outlook Share, 2023 & 2030 (US$M)
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