Europe Blood Testing Market Size & Outlook, 2023-2030
Europe blood testing market, 2018-2030 (US$M)
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Europe blood testing market highlights
- The Europe blood testing market generated a revenue of USD 22,232.2 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, covid-19 testing was the largest revenue generating test type in 2023.
- Glucose testing is the most lucrative test type segment registering the fastest growth during the forecast period.
- Country-wise, Russia is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 22,232.2 million |
| Market revenue in 2030 | USD 33,526.5 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Covid-19 testing |
| Fastest growing segment | Glucose testing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glucose testing, A1C testing, Direct LDL testing, Lipid panel testing, Prostate-specific antigen testing, COVID-19 testing, BUN testing, Vitamin D testing, Thyroid-stimulating hormone testing, Serum Nicotine / Cotinine testing, High sensitivity CRP testing, Testosterone testing, ALT testing, Cortisol testing, Creatinine testing, AST testing, Other blood tests |
| Key market players worldwide | Abbott Laboratories, Roche Holding AG ADR, Bio-Rad Laboratories Inc, BioMerieux SA, Quest Diagnostics Inc, Biomerica Inc, Becton Dickinson & Co, Siemens Healthineers AG ADR, Danaher Corp, Trinity Biotech PLC ADR |
Other key industry trends
- In terms of revenue, Europe region accounted for 22.6% of the global blood 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 36,926.3 million by 2030.
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Blood Testing Market Scope
Blood Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe blood 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 blood testing market will help companies and investors design strategic landscapes.
Covid-19 testing was the largest segment with a revenue share of 13.69% in 2023. Horizon Databook has segmented the Europe blood testing market based on glucose testing, a1c testing, direct ldl testing, lipid panel testing, prostate-specific antigen testing, covid-19 testing, bun testing, vitamin d testing, thyroid-stimulating hormone testing, serum nicotine / cotinine testing, high sensitivity crp testing, testosterone testing, alt testing, cortisol testing, creatinine testing, ast testing, other blood tests covering the revenue growth of each sub-segment from 2018 to 2030.
Europe blood testing market is anticipated to witness lucrative growth during the forecast period, owing to local presence of various key players, increase in adoption of novel products, rise in the prevalence of target diseases & blood transfusions, and rise in strategic initiatives undertaken by governments, public & private organizations, & market players.
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Our clientele includes a mix of blood testing market companies, investment firms, advisory firms & academic institutions.
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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 continent-level data and insights on the Europe blood testing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe blood testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe blood testing market size, by country, 2018-2030 (US$M)
Europe Blood Testing Market Outlook Share, 2023 & 2030 (US$M)
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