Intelligent Investment
Barcelona Market
Global Life Sciences Atlas
April 11, 2025 5 Minute Read
Overview
- Barcelona has all the components of a vital life sciences ecosystem: excellent infrastructure, world-renowned hospitals, impressive scientific talent, a well-established business support network and high quality of life that attracts new talent.
- Ongoing projects will increase the city’s medical and scientific capabilities and grow opportunities for life sciences companies, further strengthening its position. Indicative lab rents are already around 14% higher than corresponding office rents.
- Barcelona is a hub for innovation and provides employment for more than 71,000 people in the life sciences sector.
- One of Europe’s top cities for inbound investment, Barcelona includes 420 life sciences start-ups and an additional 69 dedicated to AI and data for medical and scientific services.
- Barcelona dominates the life sciences funding landscape in Spain, commanding a substantial 56% share in 2024 with $88 million invested in local companies.
Submarkets
Life Sciences Venture Capital Investment Trends
Figure 1: Life Sciences Venture Capital Funding
Life Sciences Market Stats
Figure 2: Inventory Lab/R&D
Development Pipeline or Activity
Figure 3: Future Supply Lab/R&D
Figure 4: Life Sciences Development Pipeline (SQ M)*
- Almirall
- AstraZeneca
- Bayer
- Esteve
- Ferrer
- Galenicum
- Hipra
- Novartis
- Pierre Fabre
- Sanofi
- Smith & Nephew
- Caixa Research Institute
- Germans Trias i Pujol Research Institute
- Hospital Clínic de Barcelona
- Hospital del Mar
- Hospital Sant Joan de Déu Barcelona
- Hospital Universitario de Bellvitge
- Hospital Universitario Vall d’Hebron
- ICFO
- Parc Cientific de Barcelona (PCB)
- Parque de investigación Biomédica de Barcelona (PRBB)
- Vall d’Hebron Institut de Recerca (VHIR)
Global Life Science Markets
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Known for its strong start-up culture, Berlin has developed into a key life sciences location.
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London has all the elements of a strong global life sciences hub, with three of the world's leading universities for biomedical sciences—UCL, King’s College and Imperial College—located within the city.
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Paris is at the epicenter of the French life sciences cluster, benefitting from an influx of government and private funding to support healthcare initiatives.