Spain Polymerase Chain Reaction Market Size & Outlook

The polymerase chain reaction market in Spain is expected to reach a projected revenue of US$ 336.4 million by 2030. A compound annual growth rate of -8.4% is expected of Spain polymerase chain reaction market from 2024 to 2030.
Revenue, 2023 (US$M)
$619.5
Forecast, 2030 (US$M)
$336.4
CAGR, 2024 - 2030
-8.4%
Report Coverage
Spain

Spain polymerase chain reaction market, 2018-2030 (US$M)

Spain

Spain polymerase chain reaction market highlights

  • The Spain polymerase chain reaction market generated a revenue of USD 619.5 million in 2023 and is expected to reach USD 336.4 million by 2030.
  • The Spain market is expected to grow at a CAGR of -8.4% from 2024 to 2030.
  • In terms of segment, conventional pcr was the largest revenue generating type in 2023.
  • Conventional PCR is the most lucrative type segment registering the fastest growth during the forecast period.


Polymerase chain reaction market data book summary

Market revenue in 2023USD 619.5 million
Market revenue in 2030USD 336.4 million
Growth rate-8.4% (CAGR from 2023 to 2030)
Largest segmentConventional pcr
Fastest growing segmentConventional PCR
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConventional PCR
Key market players worldwideThermo Fisher Scientific Inc, Danaher Corp, Abbott Laboratories, Bio-Rad Laboratories Inc, Agilent Technologies Inc, Qiagen NV, Roche Holding AG ADR, Standard BioTools Inc, Stilla, Microsynth


Other key industry trends

  • In terms of revenue, Spain accounted for 2.0% of the global polymerase chain reaction market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany polymerase chain reaction market is projected to lead the regional market in terms of revenue in 2030.
  • Norway is the fastest growing regional market in Europe and is projected to reach USD 58.7 million by 2030.

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Polymerase Chain Reaction Market Companies

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Spain polymerase chain reaction 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 polymerase chain reaction market will help companies and investors design strategic landscapes.


Conventional pcr was the largest segment with a revenue share of 4.79% in 2023. Horizon Databook has segmented the Spain polymerase chain reaction market based on conventional pcr covering the revenue growth of each sub-segment from 2018 to 2030.


Rising prevalence of chronic diseases in Spain, such as cancer, is expected to be the key factor propelling market growth. According to World Cancer Research Fund (WCRF) International, in 2020, around 260,455 newly diagnosed cancer cases were recorded in the country. 

It is estimated that the number of cancer cases is likely to rise due to increasing life expectancy in the country. The rise in chronic diseases, coupled with the increasing awareness regarding the early diagnosis, is expected to propel the use of PCR technologies. The outbreak of COVID-19 also increased the demand for qPCR products for diagnostic purposes. 

To address the rising demand, local players developed and introduced new products. For instance, in March 2020, GENOMICA SAU, a Spanish company of PharmaMar Group, received CE certification for CLART COVID-19. The product is a real-time multiplex RT-PCR test kit validated at Carlos III Health Institute with 100% diagnostic specificity.

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Target buyers of Spain polymerase chain reaction market databook

  • Our clientele includes a mix of polymerase chain reaction 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain polymerase chain reaction market , including forecasts for subscribers. This country databook contains high-level insights into Spain polymerase chain reaction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Spain polymerase chain reaction market size, by type, 2018-2030 (US$M)

Spain Polymerase Chain Reaction Market Outlook Share, 2023 & 2030 (US$M)

Spain polymerase chain reaction market size, by type, 2018-2030 (US$M)

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