The Spanish medicine tender market is a significant part of the country's public health system, with a total market size estimated at around €12 billion. The majority of this spending is on pharmaceutical products, which account for more than two-thirds of the total market.
The tendering process for these pharmaceutical products is highly competitive, with numerous suppliers vying for contracts. The value of individual tenders can vary widely, ranging from a few thousand euros for small-scale purchases to millions of euros for large-scale procurement.
The amount paid out by regions in Spain for tenders can also vary significantly. The largest regions, such as Madrid and Catalonia, have the highest spending power, and thus tend to have larger budgets for purchasing medical supplies. In contrast, smaller regions such as La Rioja and Cantabria have lower budgets and tend to make smaller purchases.
The Spanish government has taken steps in recent years to improve the efficiency and effectiveness of the tendering process. This has included the introduction of electronic tendering systems, which have streamlined the process and improved transparency. The government has also taken steps to promote innovation in the market, with a focus on encouraging the development of new and more effective medical products.
Pharma14 is now covering the tender results in Spain with regular monthly updates.
Sample data: Spanish tender sample data results from ATC group L01XK.