Press Release - May 2026

• The turnover of the labour security and health sector has maintained an expansionary trend in recent years. In 2025 it reached €1.54 billion, after rising 6.2%. Additional growth is expected in the short and medium term, amid an increasingly demanding regulatory environment.

• The supply consolidation process continues to gather pace, driven by ongoing corporate concentration moves. The top ten operators already hold a combined market share of 78%.

• INFORMA's DBK Sectoral Observatory recently published these insights in the 'Labour Security And Health' Sectoral Report.

Madrid, 26 May 2026.- According to INFORMA's (Cesce's subsidiary) DBK Sectoral Observatory—a leading provider of business, financial, sectoral, and marketing information in Spain and Portugal—the labour security and health market closed 2025 at €1.54 billion, up 6.2%, confirming the expansionary trend of recent fiscal years, albeit with a slight slowdown from the 7.0% recorded in 2024.

This positive performance was underpinned by the growing prevalence of outsourced models versus in-house prevention, and by the emergence of new preventive regulatory obligations.

Thus, companies' increasing outsourcing has strengthened the market's upward trend, even in contexts of declining workplace accident rates. In addition, rising prices reinforced the favourable momentum in sector revenue.

In the short and medium term, additional growth is expected in market value, underpinned by higher demand for preventive and monitoring services driven by population ageing, new regulatory requirements, the trend towards contracting additional services, and increasing outsourcing.

The number of accredited external prevention service companies (SPA) stood at 324 in March 2026. In addition, the sector includes around 180 companies authorised to carry out audits of prevention systems.

The supply of companies engaged in the sector's activity continues to decline, reflecting the consolidation process resulting from corporate moves, especially since the separation of prevention services owned by mutual insurance companies and their subsequent sale.

Concentration is significant, with the top five companies accounting for 67% of total revenue in 2025. The combined share of the top ten operators rose to 78%, reflecting a market led by a small core of large corporations, versus a fragmented set of smaller companies.

Data Synthesis

(a) companies accredited to provide external prevention services. (b) companies accredited to provide legal/regulatory audit services. Does not include Balearic Islands, Extremadura and La Rioja.