Europe Electrochemical Sensors Market Size & Outlook

The electrochemical sensors market in Europe is expected to reach a projected revenue of US$ 5,327.9 million by 2030. A compound annual growth rate of 8.9% is expected of Europe electrochemical sensors market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,934.6
Forecast, 2030 (US$M)
$5,327.9
CAGR, 2024 - 2030
8.9%
Report Coverage
Europe

Europe electrochemical sensors market, 2018-2030 (US$M)

Europe

Europe electrochemical sensors market highlights

  • The Europe electrochemical sensors market generated a revenue of USD 2,934.6 million in 2023.
  • The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
  • In terms of segment, healthcare was the largest revenue generating application in 2023.
  • Agriculture is the most lucrative application 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 2,934.6 million
Market revenue in 2030USD 5,327.9 million
Growth rate8.9% (CAGR from 2023 to 2030)
Largest segmentHealthcare
Fastest growing segmentAgriculture
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHealthcare, Agriculture, Food & Beverage, Veterinary
Key market players worldwideThermo Fisher Scientific Inc, Abbott Laboratories, Roche, PHC Holdings Corp, Siemens Healthineers AG ADR, Zimmer & Peacock, Metrohm


Other key industry trends

  • In terms of revenue, Europe region accounted for 28.2% of the global electrochemical sensors 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 4,230.3 million by 2030.

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Electrochemical Sensors Market Companies

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Europe electrochemical sensors 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 electrochemical sensors market will help companies and investors design strategic landscapes.


Healthcare was the largest segment with a revenue share of 97.11% in 2023. Horizon Databook has segmented the Europe electrochemical sensors market based on healthcare, agriculture, food & beverage, veterinary covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe electrochemical sensors market, including forecasts for subscribers. This continent databook contains high-level insights into Europe electrochemical sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe electrochemical sensors market size, by country, 2018-2030 (US$M)

Europe Electrochemical Sensors Market Share, 2023 & 2030 (US$M)

Europe electrochemical sensors market size, by country, 2018-2030 (US$M)

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