Key Market Indicators
Spanish pharmaceutical production is projected to hit €5.8 billion by 2028, climbing from €4.8 billion in 2023. This growth reflects a compound annual growth rate (CAGR) of 3%. Since 2013, Spain has seen a steady annual increase in pharmaceutical supply, averaging 3.6% year-on-year. In 2023, Spain ranked third in the European market, with Italy surpassing it by matching Spain's €4.8 billion output. The ranking was led by Italy, followed by Spain and Austria, occupying the second, third, and fourth positions respectively.
Latest reports
Spain Pharmaceuticals Market Report- Q4 2024
The Spanish pharmaceuticals market in Q4 2024 is characterized by dynamic growth and strategic shifts across various segments, highlighting the importance of affordability,...
Spain Pharmaceuticals Market Report - Q4 2024
The Spanish pharmaceutical sector in the fourth quarter of 2024 is undergoing significant transformations, driven by innovations in precision medicine, the rise of...
