Europe Chemiluminescence Immunoassay Market Size & Outlook
Europe chemiluminescence immunoassay market, 2016-2028 (US$M)
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Europe chemiluminescence immunoassay market highlights
- The Europe chemiluminescence immunoassay market generated a revenue of USD 2,100.2 million in 2020.
- The market is expected to grow at a CAGR of 7.8% from 2021 to 2028.
- In terms of segment, consumables was the largest revenue generating product & services in 2020.
- Consumables is the most lucrative product & services segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 2,100.2 million |
| Market revenue in 2028 | USD 3,822.2 million |
| Growth rate | 7.8% (CAGR from 2020 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments, Software & Services |
| Key market players worldwide | Diasorin SpA, Abbott Laboratories, Siemens Healthineers AG ADR, QuidelOrtho Corp, shenzhen mindray automation equipment co., Immunodiagnostic Systems, Beckman Coulter, Roche Holding AG ADR, Roche, Inova Diagnostics, Maccura |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.6% of the global chemiluminescence immunoassay market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,286.0 million by 2028.
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Chemiluminescence Immunoassay Market Scope
Chemiluminescence Immunoassay Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe chemiluminescence immunoassay 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 chemiluminescence immunoassay market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 66.19% in 2020. Horizon Databook has segmented the Europe chemiluminescence immunoassay market based on consumables, instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.
Europe accounted for the second largest market share in 2020. The prevalence of sexually transmitted diseases is very high in Europe, with an estimated 2.4 million people suffering from the disease as of 2017.
Shortage of skilled professionals has resulted in increased demand for automated analyzer systems in laboratories. Compact, portable, and easy-to-operate instruments are being increasingly adopted in the region.
Moreover, rise in the prevalence of chronic and infectious diseases and growing investments for development of advanced diagnostics solutions are expected to drive the market in this region. In 2020, COVID-19 pandemic created high demand for effective CLIA solutions in key European countries such as Italy, UK, France, Spain, and Germany to conduct mass testing in order to control the pandemic.
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Our clientele includes a mix of chemiluminescence immunoassay 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 chemiluminescence immunoassay market , including forecasts for subscribers. This continent databook contains high-level insights into Europe chemiluminescence immunoassay market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Europe chemiluminescence immunoassay market size, by country, 2016-2028 (US$M)
Europe Chemiluminescence Immunoassay Market Outlook Share, 2020 & 2028 (US$M)
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