Denmark Biobank Market Size & Outlook, 2023-2030

The biobank market in Denmark is expected to reach a projected revenue of US$ 714.7 million by 2030. A compound annual growth rate of 7% is expected of Denmark biobank market from 2024 to 2030.
Revenue, 2023 (US$M)
$445.9
Forecast, 2030 (US$M)
$714.7
CAGR, 2024 - 2030
7%
Report Coverage
Denmark

Denmark biobank market highlights

  • The Denmark biobank market generated a revenue of USD 445.9 million in 2023 and is expected to reach USD 714.7 million by 2030.
  • The Denmark market is expected to grow at a CAGR of 7% from 2024 to 2030.
  • In terms of segment, biobanking equipment was the largest revenue generating product in 2023.
  • LIMS is the most lucrative product segment registering the fastest growth during the forecast period.


Biobank market data book summary

Market revenue in 2023USD 445.9 million
Market revenue in 2030USD 714.7 million
Growth rate7% (CAGR from 2023 to 2030)
Largest segmentBiobanking equipment
Fastest growing segmentLIMS
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBiobanking Equipment, Biobanking Consumables, LIMS
Key market players worldwideThermo Fisher Scientific Inc, Merck KGaA, Qiagen NV, Booz Allen Hamilton Holding Corp Class A, Tecan Group AG, Danaher Corp, Becton Dickinson & Co, Taylor-Wharton, Charles River Laboratories International Inc, Lonza Group Ltd, STEMCELL Technologies, PromoCell GmbH


Other key industry trends

  • In terms of revenue, Denmark accounted for 0.6% of the global biobank market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK biobank market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 14,870.3 million by 2030.

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Biobank Market Companies

Name Profile # Employees HQ Website

Denmark biobank market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biobank market will help companies and investors design strategic landscapes.


Biobanking equipment was the largest segment with a revenue share of 77.08% in 2023. Horizon Databook has segmented the Denmark biobank market based on biobanking equipment, biobanking consumables, lims covering the revenue growth of each sub-segment from 2018 to 2030.


Denmark consists of several biobanks, most of which are registered with the Danish Biobank Register. The registry currently holds information about over 25.3 million biological samples obtained from 5.7 million individuals. 

The country also hosts the Danish National Biobank, which holds over 10 million samples from around 3 million individuals. 

The national biobank supports the expansion of biobanking activities by acting as a liaison partner for projects that involve sample storage at other biobanks. Presence of such institutions in the country is expected to drive the market in the coming years.

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Target buyers of Denmark biobank market databook

  • Our clientele includes a mix of biobank market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark biobank market , including forecasts for subscribers. This country databook contains high-level insights into Denmark biobank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Denmark biobank market size, by product, 2018-2030 (US$M)

Denmark Biobank Market Outlook Share, 2023 & 2030 (US$M)

Denmark biobank market size, by product, 2018-2030 (US$M)

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