Europe Covid 19 Clinical Trials Market Size & Outlook

The covid 19 clinical trials market in Europe is expected to reach a projected revenue of US$ 4,087.8 million by 2030. A compound annual growth rate of 8.6% is expected of Europe covid 19 clinical trials market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,295.4
Forecast, 2030 (US$M)
$4,087.8
CAGR, 2024 - 2030
8.6%
Report Coverage
Europe

Europe covid 19 clinical trials market, 2018-2030 (US$M)

Europe

Europe covid 19 clinical trials market highlights

  • The Europe covid 19 clinical trials market generated a revenue of USD 2,295.4 million in 2023.
  • The market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
  • In terms of segment, phase iii was the largest revenue generating phase in 2023.
  • Phase III is the most lucrative phase 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 2,295.4 million
Market revenue in 2030USD 4,087.8 million
Growth rate8.6% (CAGR from 2023 to 2030)
Largest segmentPhase iii
Fastest growing segmentPhase III
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPhase I, Phase II, Phase III, Phase IV
Key market players worldwideInovio Pharmaceuticals Inc, AbbVie Inc, BioNTech SE ADR, Novavax Inc, Takeda Pharmaceutical Co Ltd


Other key industry trends

  • In terms of revenue, Europe region accounted for 43.7% of the global covid 19 clinical trials market in 2023.
  • Globally, Europe 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 1,415.8 million by 2030.

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COVID 19 Clinical Trials Market Companies

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Europe covid 19 clinical trials 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 covid 19 clinical trials market will help companies and investors design strategic landscapes.


Phase iii was the largest segment with a revenue share of 42.75% in 2023. Horizon Databook has segmented the Europe covid 19 clinical trials market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe covid 19 clinical trials market databook

  • Our clientele includes a mix of covid 19 clinical trials 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 covid 19 clinical trials market , including forecasts for subscribers. This continent databook contains high-level insights into Europe covid 19 clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe covid 19 clinical trials market size, by country, 2018-2030 (US$M)

Europe COVID 19 Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)

Europe covid 19 clinical trials market size, by country, 2018-2030 (US$M)

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