Europe Drug Screening Market Size & Outlook, 2023-2030

The drug screening market in Europe is expected to reach a projected revenue of US$ 3,654.4 million by 2030. A compound annual growth rate of 3.8% is expected of Europe drug screening market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,807.5
Forecast, 2030 (US$M)
$3,654.4
CAGR, 2024 - 2030
3.8%
Report Coverage
Europe

Europe drug screening market highlights

  • The Europe drug screening market generated a revenue of USD 2,807.5 million in 2023.
  • The market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
  • In terms of segment, instruments was the largest revenue generating product in 2023.
  • Services & Others is the most lucrative product 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 2,807.5 million
Market revenue in 2030USD 3,654.4 million
Growth rate3.8% (CAGR from 2023 to 2030)
Largest segmentInstruments
Fastest growing segmentServices & Others
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInstruments, Rapid Testing Devices, Consumables, Services & Others
Key market players worldwideAbbott Laboratories, Quest Diagnostics Inc, Roche Holding AG, Thermo Fisher Scientific Inc, Siemens Healthineers AG ADR, Labcorp Holdings Inc, OraSure Technologies Inc, Omega Laboratories, Draegerwerk AG & Co KGaA, Bio-Rad Laboratories Inc Class A


Other key industry trends

  • In terms of revenue, Europe region accounted for 30.8% of the global drug screening 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 2,217.3 million by 2030.

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Drug Screening Market Companies

Name Profile # Employees HQ Website

Europe drug screening 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 drug screening market will help companies and investors design strategic landscapes.


Instruments was the largest segment with a revenue share of 42.92% in 2023. Horizon Databook has segmented the Europe drug screening market based on instruments, rapid testing devices, consumables, services & others covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe drug screening market databook

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

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Europe drug screening market size, by country, 2018-2030 (US$M)

Europe Drug Screening Market Outlook Share, 2023 & 2030 (US$M)

Europe drug screening market size, by country, 2018-2030 (US$M)

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