Spain Infectious Respiratory Disease Diagnostics Market Size & Outlook
Spain infectious respiratory disease diagnostics market, 2018-2030 (US$M)
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Spain infectious respiratory disease diagnostics market highlights
- The Spain infectious respiratory disease diagnostics market generated a revenue of USD 760.5 million in 2020 and is expected to reach USD 832.2 million by 2028.
- The Spain market is expected to grow at a CAGR of 1.1% from 2021 to 2028.
- In terms of segment, consumables was the largest revenue generating product in 2020.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Infectious respiratory disease diagnostics market data book summary
| Market revenue in 2020 | USD 760.5 million |
| Market revenue in 2028 | USD 832.2 million |
| Growth rate | 1.1% (CAGR from 2020 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Services |
| Key market players worldwide | Abbott Laboratories, Thermo Fisher Scientific Inc, Koninklijke Philips NV, BD, BioMerieux SA, Bio-Rad Laboratories Inc, QuidelOrtho Corp, Siemens Healthineers AG ADR, Danaher Corp, Qiagen NV, Roche |
Other key industry trends
- In terms of revenue, Spain accounted for 2.1% of the global infectious respiratory disease diagnostics market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, UK infectious respiratory disease diagnostics market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,580.5 million by 2028.
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Infectious Respiratory Disease Diagnostics Market Scope
Infectious Respiratory Disease Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain infectious respiratory disease diagnostics 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 infectious respiratory disease diagnostics market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 64.27% in 2024. Horizon Databook has segmented the Spain infectious respiratory disease diagnostics market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the market is driven by increasing incidence of infectious diseases, technological advancements, and rising consumer awareness. Consolidating laboratories is a growing trend in this market.
This strategic move will not only enable scaling-up businesses but also help companies expand their market presence. Economic development is likely to have a positive impact on the affordability and consequent market penetration of new players in infectious respiratory disease diagnostics.
Early & accurate diagnosis and timely treatment can aid in reducing disease burden and mortality. The development of rapid tests by local players to detect infections is expected to fuel market growth. In March 2020, ELI Tech Group released Gene Finder COVID-19 Plus Real Amp Kit, developed by OSANG Healthcare.
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Target buyers of Spain infectious respiratory disease diagnostics market databook
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Our clientele includes a mix of infectious respiratory disease diagnostics 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 infectious respiratory disease diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Spain infectious respiratory disease diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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