Spain Neurology Clinical Trials Market Size & Outlook

The neurology clinical trials market in Spain is expected to reach a projected revenue of US$ 340.3 million by 2030. A compound annual growth rate of 5.5% is expected of Spain neurology clinical trials market from 2024 to 2030.
Revenue, 2023 (US$M)
$233.5
Forecast, 2030 (US$M)
$340.3
CAGR, 2024 - 2030
5.5%
Report Coverage
Spain

Spain neurology clinical trials market, 2018-2030 (US$M)

Spain

Spain neurology clinical trials market highlights

  • The Spain neurology clinical trials market generated a revenue of USD 233.5 million in 2023 and is expected to reach USD 340.3 million by 2030.
  • The Spain market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
  • In terms of segment, phase iii was the largest revenue generating phase in 2023.
  • Phase I is the most lucrative phase segment registering the fastest growth during the forecast period.


Neurology clinical trials market data book summary

Market revenue in 2023USD 233.5 million
Market revenue in 2030USD 340.3 million
Growth rate5.5% (CAGR from 2023 to 2030)
Largest segmentPhase iii
Fastest growing segmentPhase I
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPhase I, Phase II, Phase III, Phase IV
Key market players worldwideNovartis AG ADR, Labcorp Holdings Inc, Medpace Holdings Inc, Charles River Laboratories International Inc, Icon PLC, GlaxoSmithKline Consumer Healthcare (GSK CH India), Aurora Innovation Inc Class A, Biogen Inc, IQVIA Holdings Inc, inVentiv Health


Other key industry trends

  • In terms of revenue, Spain accounted for 4.2% of the global neurology clinical trials market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, France neurology clinical trials market is projected to lead the regional market in terms of revenue in 2030.
  • Denmark is the fastest growing regional market in Europe and is projected to reach USD 66.5 million by 2030.

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Neurology Clinical Trials Market Companies

Name Profile # Employees HQ Website

Spain neurology clinical trials 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 neurology clinical trials market will help companies and investors design strategic landscapes.


Phase iii was the largest segment with a revenue share of 42.48% in 2023. Horizon Databook has segmented the Spain neurology clinical trials market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.


Spain is ranked among the top countries in terms of number of clinical trials performed. The country is a highly desirable location for conducting clinical trials as it is known as an innovation and knowledge hub with highly coordinated research centers, clinical trials specialized hospitals, and experienced investigators.

Spain has a long history of high-quality clinical research, and clinical trial activity has risen slightly in the previous years. Moreover, in terms of cost associated with clinical research, the expenditure on site and labor fees is higher across countries in Northern and Western Europe, such as Ireland, the UK, Sweden, the Netherlands, and Denmark.

On the other hand, the cost of labor is estimated to be lower in Southern European countries. As per an article published by Symbio, LLC, clinical research expenditure in Eastern Europe is 40% less compared to the cost in the U.S. or Western European countries. Hence, these factors make Spain an ideal location for conducting clinical trials.

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Target buyers of Spain neurology clinical trials market databook

  • Our clientele includes a mix of neurology clinical trials 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 neurology clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into Spain neurology clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Spain neurology clinical trials market size, by phase, 2018-2030 (US$M)

Spain Neurology Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)

Spain neurology clinical trials market size, by phase, 2018-2030 (US$M)

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