Spain Life Science Analytics Market Size & Outlook
Spain life science analytics market, 2018-2030 (US$M)
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Spain life science analytics market highlights
- The Spain life science analytics market generated a revenue of USD 484.8 million in 2023 and is expected to reach USD 939.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Life science analytics market data book summary
| Market revenue in 2023 | USD 484.8 million |
| Market revenue in 2030 | USD 939.7 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Oracle Corp, IQVIA Holdings Inc, SAS, Cognizant Technology Solutions Corp Class A, International Business Machines Corp, Accenture PLC Class A, Wipro Ltd ADR, TAKE Solutions |
Other key industry trends
- In terms of revenue, Spain accounted for 2.6% of the global life science analytics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany life science analytics 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 2,285.0 million by 2030.
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Life Science Analytics Market Scope
Life Science Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain life science analytics 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 life science analytics market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 59.47% in 2023. Horizon Databook has segmented the Spain life science analytics market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Spain is anticipated to witness lucrative growth over the forecast period. Spain is not as economically developed as Italy, Germany, and the UK; therefore, the overall healthcare expenditure in Spain is low. According to the data published by TforG Group, in Spain, the healthcare expenditure as a percentage of GDP was 9% in 2015.
In terms of total drugs sales volume, country’s pharmaceutical sector is among the top 4 in the European Union countries. According to the European Federation of Pharmaceutical Industries and Associations, Spain exported USD 13.7 billion of pharmaceutical goods.
The government in Spain is taking measures to promote efficient IT management & real-time analytics-based patient record maintenance and increase patient engagement.
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Target buyers of Spain life science analytics market databook
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Our clientele includes a mix of life science analytics 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 life science analytics market , including forecasts for subscribers. This country databook contains high-level insights into Spain life science analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Spain life science analytics market size, by component, 2018-2030 (US$M)
Spain Life Science Analytics Market Outlook Share, 2023 & 2030 (US$M)
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