Barcelona has firmly established itself as one of Europe’s most exciting hubs for life sciences. Thanks to its prime infrastructure, powerful business environment, and prestigious hospitals and research institutions, the life sciences sector is thriving and expanding rapidly.
In addition, Barcelona‘s strategic location, world-class universities, and vibrant startup scene contribute to making it an ideal destination for companies and professionals seeking both innovation and opportunity. The city is one of the global research centres, being 5th in Europe and 8th in the world for active clinical trials.
Biocat’s BioRegion Catalonia Report 2024
Every year, Biocat, the foundation promoting the life sciences and health sector in Catalonia, publishes a report on the main regional developments in this field, the BioRegion Catalonia Report.
This year, the report has highlighted the continued expansion and diversification of the life sciences sector, with significant growth in innovation, investment, and talent development. It also emphasizes the growing influence of digital health and advanced therapies within the region’s healthcare ecosystem.
For a more detailed analysis, access the full report here.
Key highlights from the report showcasing the sector’s progress and achievements:
- Growth in number of Companies:
2023: Catalonia hosted 1,400 companies in the sector;
2024: In the past year alone, Catalonia has welcomed 100 new Life Sciences companies, now hosting 1,500. - Growth in Turnover:
2023: The sector’s turnover grew by 6% over the previous year, reaching €44,757 million.
2024: The sector’s turnover grew by another 6%, reaching €50,000 million, and reflecting strong economic performance. - Growth in Healthcare Exports:
2023: Healthcare exports reached €9,409 million.
2024: Healthcare exports increased to €9,707 million, showing steady growth in global markets. - Growth in Employment:
2023: The sector employed just over 70,000 people;
2024: Now, Barcelona employes over 75,000 employees in the sector. - Growth in Foreign Direct Investment:
2023: Between 2019 and 2023, foreign direct investment (FDI) totaled €1,684 million, reflecting steady investment over the past five years.
2024: In 2024, FDI grew by 25%, reaching €2,106 million, marking a significant increase in investment for the sector.
