Spain Red Biotechnology Market Size & Outlook, 2023-2030

The red biotechnology market in Spain is expected to reach a projected revenue of US$ 27,600.0 million by 2030. A compound annual growth rate of 6.5% is expected of Spain red biotechnology market from 2024 to 2030.
Revenue, 2023 (US$M)
$17,744.5
Forecast, 2030 (US$M)
$27,600.0
CAGR, 2024 - 2030
6.5%
Report Coverage
Spain

Spain red biotechnology market highlights

  • The Spain red biotechnology market generated a revenue of USD 17,744.5 million in 2023 and is expected to reach USD 27,600.0 million by 2030.
  • The Spain market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
  • In terms of segment, monoclonal antibodies was the largest revenue generating product in 2023.
  • Gene Therapy Products is the most lucrative product segment registering the fastest growth during the forecast period.


Red biotechnology market data book summary

Market revenue in 2023USD 17,744.5 million
Market revenue in 2030USD 27,600.0 million
Growth rate6.5% (CAGR from 2023 to 2030)
Largest segmentMonoclonal antibodies
Fastest growing segmentGene Therapy Products
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMonoclonal Antibodies, Polyclonal Antibodies, Recombinant Proteins, Vaccines, Cell-Based Immunotherapy Products, Gene Therapy Products, Cell Therapy Products, Tissue-Engineered Products, Stem Cells, Cell Culture, Viral Vector, Enzymes, Kits and Reagents, Animal Models, Molecular Diagnostics
Key market players worldwideMerck KGaA, Roche Holding AG ADR, Pfizer Inc, Regeneron Pharmaceuticals Inc, AstraZeneca PLC, Gilead Sciences Inc, Biogen Inc, Amgen Inc, Bristol-Myers Squibb Co, Takeda Pharmaceutical Co Ltd


Other key industry trends

  • In terms of revenue, Spain accounted for 3.6% of the global red biotechnology market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany red biotechnology market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 71,279.2 million by 2030.

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Red Biotechnology Market Companies

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Spain red biotechnology 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 red biotechnology market will help companies and investors design strategic landscapes.


Monoclonal antibodies was the largest segment with a revenue share of 50.6% in 2023. Horizon Databook has segmented the Spain red biotechnology market based on monoclonal antibodies, polyclonal antibodies, recombinant proteins, vaccines, cell-based immunotherapy products, gene therapy products, cell therapy products, tissue-engineered products, stem cells, cell culture, viral vector, enzymes, kits and reagents, animal models, molecular diagnostics covering the revenue growth of each sub-segment from 2018 to 2030.


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

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Spain red biotechnology market outlook size, by product, 2018-2030 (US$M)

Spain Red Biotechnology Market Outlook Share, 2023 & 2030 (US$M)

Spain red biotechnology market outlook size, by product, 2018-2030 (US$M)

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