Leading basic pharmaceutical products manufacturers in Spain in 2021
In 2021, Bayer Hispania ranked as the manufacturer of basic pharmaceutical products with the highest sales value in Spain, reaching over 1.2 billion euros in sales turnover. Bioibérica, ranked second, with its sales valued at 453 million euros. That year, the leading manufacturers of pharmaceutical preparations in Spain were Novartis Farmacéutica and Boehringer Ingelheim España.
Pharmacy market
In 2020, over 70 percent of the total sales in Spanish pharmacies came from prescription drugs. The OTC market accounted for almost 12 percent of the sales, while personal care products had a market share of eight percent. Antidiabetics was the category of prescription drugs with the highest revenue, amounting to 1.8 billion euros in 2020. In the case of over-the-counter pharmaceuticals, sales of eye care products amounted to more than 200 million euros.
Hospital market
The hospital pharmacy market in Spain has grown considerably in the last few years. In 2019, it reached 11.4 billion euros, almost 2.3 billion more than in 2016. The most important therapeutic areas in the hospital sector are oncology and auto-immune biologics, which together comprise 45 percent of the market. The oncological market had a value of approximately 3.6 million euros in 2019, around 21 percent more in comparison with the previous year.
