Europe Biopharmaceuticals Manufacturing Consumables Testing Market Size & Outlook
Europe biopharmaceuticals manufacturing consumables testing market, 2018-2030 (US$M)
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Europe biopharmaceuticals manufacturing consumables testing market highlights
- The Europe biopharmaceuticals manufacturing consumables testing market generated a revenue of USD 174.2 million in 2023.
- The market is expected to grow at a CAGR of 12.2% from 2024 to 2030.
- In terms of segment, laboratory testing was the largest revenue generating service in 2023.
- Laboratory Testing is the most lucrative service segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 174.2 million |
| Market revenue in 2030 | USD 388.8 million |
| Growth rate | 12.2% (CAGR from 2023 to 2030) |
| Largest segment | Laboratory testing |
| Fastest growing segment | Laboratory Testing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laboratory Testing |
| Key market players worldwide | Alcami, Merck KGaA, Eurofins Scientific SE, Agilent Technologies Inc, Charles River Laboratories International Inc, Catalent Inc, Avomeen Analytical Services, Pace Analytical Services, Sotera Health Co Ordinary Shares |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.4% of the global biopharmaceuticals manufacturing consumables testing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 326.2 million by 2030.
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Biopharmaceuticals Manufacturing Consumables Testing Market Scope
Biopharmaceuticals Manufacturing Consumables Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe biopharmaceuticals manufacturing consumables testing 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 biopharmaceuticals manufacturing consumables testing market will help companies and investors design strategic landscapes.
Laboratory testing was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Europe biopharmaceuticals manufacturing consumables testing market based on laboratory testing covering the revenue growth of each sub-segment from 2018 to 2030.
There are various organizations across Europe that offer learning programs on various aspects of Active Pharmaceutical Ingredients (APIs) and excipients. This, in turn, has helped the manufacturers gain control over testing and usage of excipients during product manufacturing.
Presence of regulatory bodies has served as a high impact rendering driver for the growth of European market. These organizations set & ensure that guidelines are followed during development of ingredients and raw materials employed to manufacture medicines.
Furthermore, in April 2013, European Directorate for the Quality of Medicines & HealthCare (EDQM), Council of Europe and the European Medicines Agency, organized a symposium on Raw materials for the production of cell-based and gene therapy products. This conference was organized to discuss the raw materials required for development of gene therapy and cell-based products.
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Our clientele includes a mix of biopharmaceuticals manufacturing consumables testing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe biopharmaceuticals manufacturing consumables testing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe biopharmaceuticals manufacturing consumables testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe biopharmaceuticals manufacturing consumables testing market size, by country, 2018-2030 (US$M)
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