Europe Clinical Microbiology Market Size & Outlook
Europe clinical microbiology market, 2018-2030 (US$M)
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Europe clinical microbiology market highlights
- The Europe clinical microbiology market generated a revenue of USD 1,284.7 million in 2023.
- The market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2023.
- Laboratory Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,284.7 million |
| Market revenue in 2030 | USD 1,713.9 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Laboratory Instruments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laboratory Instruments, Automated Culture System, Reagents |
| Key market players worldwide | BioMerieux SA, Abbott Laboratories, BD, Danaher Corp, Hologic Inc, Roche Holding AG ADR, Bruker Corp, Bio-Rad Laboratories Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.1% of the global clinical microbiology 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 1,825.6 million by 2030.
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Clinical Microbiology Market Scope
Clinical Microbiology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe clinical microbiology 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 clinical microbiology market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 72.21% in 2023. Horizon Databook has segmented the Europe clinical microbiology market based on laboratory instruments, automated culture system, reagents covering the revenue growth of each sub-segment from 2018 to 2030.
Europe accounted for the second largest market with revenue of USD5, 2671.97 million in 2015. Europe is facing the epidemic of sexually transmitted diseases with an estimated 2.4 million people affected with it across the region.
Shortage of skilled professionals has resulted in an increased demand for automation. Europe has witnessed consolidation of laboratories due to cost pressures which is acting as a challenge.
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Target buyers of Europe clinical microbiology market databook
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Our clientele includes a mix of clinical microbiology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 clinical microbiology market , including forecasts for subscribers. This continent databook contains high-level insights into Europe clinical microbiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe clinical microbiology market size, by country, 2018-2030 (US$M)
Europe Clinical Microbiology Market Outlook Share, 2023 & 2030 (US$M)
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