Market revenue in 2020 | USD 918.7 million |
Market revenue in 2028 | USD 1,942.5 million |
Growth rate | 9.8% (CAGR from 2020 to 2028) |
Largest segment | Laboratory technologies |
Fastest growing segment | Online Technologies |
Historical data | 2020 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Laboratory Technologies, Online Technologies |
Key market players worldwide | Thermo Fisher Scientific Inc, Pfizer Inc, Sartorius AG, Stemcell Holdings Inc Ordinary Shares, Illumina Inc, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Danaher Corp, Merck KGaA, Qiagen NV, Shimadzu Corp, Eurofins Scientific SE, Charles River Laboratories International Inc, Takara Bio Inc, Olympus Corp, Avantor Inc, Aurora Innovation Inc Class A, Standard BioTools Inc, Celerion, Cole-Parmer, Hartford Schroders International Stk I, Revvity Inc, Fluidigm Corporation, Polyplus-transfection, Hamilton Lane Inc Class A |
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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 vaccine development tools market will help companies and investors design strategic landscapes.
Laboratory technologies was the largest segment with a revenue share of 95.17% in 2020. Horizon Databook has segmented the UK covid-19 vaccine development tools market based on laboratory technologies, online technologies covering the revenue growth of each sub-segment from 2020 to 2028.
The UK is considered as an innovator in the market. The government invests approximately USD 30 billion yearly in science and technology, and it is a known fact that the UK produced the world's first licensed COVID-19 vaccine in 2020. Globally, the country was among the top three countries for research on COVID-19 and offered unprecedented access to data to handle the global crisis.
The COVID19 vaccine development tools market in the UK is driven by well-established research centers in betrunked universities along with strong financial support by the government and venture capitalists.
In 2021, VC investment in UK startups was around USD 39.8 billion, and in 2020, the investment was 2.5x the amount invested in 2021. Researcher s from the UK offered their expertise in genome sequencing to assist other countries in understanding and tracking new variants. Around 50% of the global database of COVID-19 genomes was sequenced by British researchers.
Horizon Databook provides a detailed overview of country-level data and insights on the UK covid-19 vaccine development tools market , including forecasts for subscribers. This country databook contains high-level insights into UK covid-19 vaccine development tools market from 2020 to 2028, including revenue numbers, major trends, and company profiles.
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