The total number of scientific publications in biotechnology in Spain showed fluctuations between 2013 and 2023, standing at 239.53 publications in 2023. The annual variations indicate volatility, with notable declines in 2016 and especially in 2020, contrasting with periods of growth such as in 2015 and 2022. Over the latest two years, there has been a positive yet moderate increase, with 3.11% growth in 2023.
Over the last five years, the Compound Annual Growth Rate (CAGR) marks a minimal positive trend at 0.49%. Forecasts through 2028 suggest stability with a marginal upward trajectory, evidenced by a forecast 5-year CAGR of 0.15% and total growth rate of 0.73%.
Future trends to watch for include potential impacts of emerging biotech innovations, government policies on research funding, and international collaborations, which could either offset the current stagnation or induce significant growth.