Revenue, 2023 (US$M)
$4,451.1
Forecast, 2030 (US$M)
$7,416.6
CAGR, 2024 - 2030
7.6%
Report Coverage
Europe

Europe breast cancer diagnostics market, 2018-2030 (US$M)

Europe

Europe breast cancer diagnostics market highlights

  • The Europe breast cancer diagnostics market generated a revenue of USD 4,451.1 million in 2023.
  • The market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
  • In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
  • Home Care is the most lucrative end use segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 4,451.1 million
Market revenue in 2030USD 7,416.6 million
Growth rate7.6% (CAGR from 2023 to 2030)
Largest segmentOutpatient facilities
Fastest growing segmentHome Care
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHospitals, Outpatient Facilities, Home Care, Research & Manufacturing
Key market players worldwideBD, Danaher Corp, Koninklijke Philips NV, Qiagen NV, Thermo Fisher Scientific Inc, Myriad Genetics Inc, Argon Medical Devices, Roche Holding AG ADR, Hologic Inc


Other key industry trends

  • In terms of revenue, Europe region accounted for 25.7% of the global breast cancer diagnostics 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 6,801.1 million by 2030.

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Breast Cancer Diagnostics Market Companies

Name Profile # Employees HQ Website

Europe breast cancer diagnostics 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 breast cancer diagnostics market will help companies and investors design strategic landscapes.


Outpatient facilities was the largest segment with a revenue share of 61.24% in 2023. Horizon Databook has segmented the Europe breast cancer diagnostics market based on hospitals, outpatient facilities, home care, research & manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.


Increasing prevalence of breast cancer, coupled with growing investments on R&D for diagnostics, is expected to drive the European market. According to The European Breast Cancer Coalition, in the WHO European region and EU-28, the estimated incidence of breast cancer in 2018 was 562,500 and 404,920, respectively, whereas mortality was 150,700 and 98,735, respectively. About 1 in 8 women aged 85 & below is expected to develop breast cancer in their lifetime.

However, the European economic crisis and the presence of uneven reimbursement policies act as market restraints. In 2017, a new regulation was established regarding diagnostics and medical devices in European countries and is likely to be implemented by 2022. The new regulation is estimated to present a more sustainable and robust framework for compliance of diagnostic devices.

Factors supporting growing incidence rate of breast cancer are also rising. For instance, obesity is responsible for ~33% of breast cancer cases. EU countries experience an overall rate of 10% to 30% for obesity, which is anticipated to increase the target population for breast cancer diagnostics in the coming years.

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Target buyers of Europe breast cancer diagnostics market databook

  • Our clientele includes a mix of breast cancer diagnostics 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe breast cancer diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe breast cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe breast cancer diagnostics market size, by country, 2018-2030 (US$M)

Europe Breast Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)

Europe breast cancer diagnostics market size, by country, 2018-2030 (US$M)

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