Spain Personalized Medicine Market Size & Outlook
Spain personalized medicine market, 2018-2030 (US$M)
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Spain personalized medicine market highlights
- The Spain personalized medicine market generated a revenue of USD 12,115.0 million in 2023 and is expected to reach USD 20,268.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, personalized nutrition & wellness was the largest revenue generating product in 2023.
- PM Therapeutics is the most lucrative product segment registering the fastest growth during the forecast period.
Personalized medicine market data book summary
| Market revenue in 2023 | USD 12,115.0 million |
| Market revenue in 2030 | USD 20,268.6 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Personalized nutrition & wellness |
| Fastest growing segment | PM Therapeutics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PM Diagnostics, PM Therapeutics, Personalized Medical Care, Personalized Nutrition & Wellness |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Illumina Inc, Asure Software Inc, Abbott Laboratories, Danaos Corp, Exact Sciences Corp, Danaher Corp, Amgen Inc, Qiagen NV, Exagen Inc Ordinary Shares, Quest Diagnostics Inc, Biogen Inc, Genelux Corp, International Business Machines Corp, Genentech, 23andMe Holding Co Class A |
Other key industry trends
- In terms of revenue, Spain accounted for 2.3% of the global personalized medicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany personalized medicine 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 54,024.2 million by 2030.
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Personalized Medicine Market Scope
Personalized Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain personalized medicine 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 personalized medicine market will help companies and investors design strategic landscapes.
Personalized nutrition & wellness was the largest segment with a revenue share of 32.38% in 2023. Horizon Databook has segmented the Spain personalized medicine market based on pm diagnostics, pm therapeutics, personalized medical care, personalized nutrition & wellness covering the revenue growth of each sub-segment from 2018 to 2030.
Spain personalized medicine market is expected to witness significant growth over the forecast period owing to strategies being implemented along with initiatives being undertaken by key companies in Spain. For instance, in April 2023, Fujitsu Limited collaborated with Barcelona Supercomputing Center (Spain) to promote research on personalized medicine and quantum computing.
This initiative supported the development of personalized medicine, thereby boosting the company’s growth in Spain. The Spanish government is proactively undertaking initiatives to support the adoption of personalized medicine in the country.
Reasons to subscribe to Spain personalized medicine market databook:
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Target buyers of Spain personalized medicine market databook
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Our clientele includes a mix of personalized medicine 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 personalized medicine market , including forecasts for subscribers. This country databook contains high-level insights into Spain personalized medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain personalized medicine market size, by product, 2018-2030 (US$M)
Spain Personalized Medicine Market Outlook Share, 2023 & 2030 (US$M)
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