Europe Healthcare Bioconvergence Market Size & Outlook

The healthcare bioconvergence market in Europe is expected to reach a projected revenue of US$ 66,397.9 million by 2030. A compound annual growth rate of 7.8% is expected of Europe healthcare bioconvergence market from 2023 to 2030.
Revenue, 2022 (US$M)
$36,375.0
Forecast, 2030 (US$M)
$66,397.9
CAGR, 2023 - 2030
7.8%
Report Coverage
Europe

Europe healthcare bioconvergence market, 2017-2030 (US$M)

Europe

Europe healthcare bioconvergence market highlights

  • The Europe healthcare bioconvergence market generated a revenue of USD 36,375.0 million in 2022.
  • The market is expected to grow at a CAGR of 7.8% from 2023 to 2030.
  • In terms of segment, drug discovery was the largest revenue generating application in 2022.
  • Nanorobotics for Drug Delivery is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Italy is expected to register the highest CAGR from 2023 to 2030.

Europe data book summary

Market revenue in 2022USD 36,375.0 million
Market revenue in 2030USD 66,397.9 million
Growth rate7.8% (CAGR from 2022 to 2030)
Largest segmentDrug discovery
Fastest growing segmentNanorobotics for Drug Delivery
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDrug Discovery, Nanorobotics for Drug Delivery, Regenerative Medicine, Diagnostic and Biological, Bioelectronics, Engineered Living Materials, Optogenetics, Precision Medicine
Key market players worldwideBiomX Inc, Ginkgo Bioworks Holdings Inc, SetPoint Medical, GSK PLC, BICO

Other key industry trends

  • In terms of revenue, Europe region accounted for 29.9% of the global healthcare bioconvergence market in 2022.
  • 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 60,696.4 million by 2030.

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Healthcare Bioconvergence Market Companies

Name Profile # Employees HQ Website

Europe healthcare bioconvergence 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 healthcare bioconvergence market will help companies and investors design strategic landscapes.


Drug discovery was the largest segment with a revenue share of 19.73% in 2022. Horizon Databook has segmented the Europe healthcare bioconvergence market based on drug discovery, nanorobotics for drug delivery, regenerative medicine, diagnostic and biological, bioelectronics, engineered living materials, optogenetics, precision medicine covering the revenue growth of each sub-segment from 2017 to 2030.


  • Europe Healthcare Bioconvergence Application Outlook (Revenue, USD Million, 2017-2030)
    • Drug Discovery
    • Nanorobotics for Drug Delivery
    • Regenerative Medicine
    • Diagnostic and Biological
    • Bioelectronics
    • Engineered Living Materials
    • Optogenetics
    • Precision Medicine

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Target buyers of Europe healthcare bioconvergence market databook

  • Our clientele includes a mix of healthcare bioconvergence 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.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe healthcare bioconvergence market, including forecasts for subscribers. This continent databook contains high-level insights into Europe healthcare bioconvergence market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Europe healthcare bioconvergence market report size, by country, 2017-2030 (US$M)

Europe Healthcare Bioconvergence Market Share, 2022 & 2030 (US$M)

Europe healthcare bioconvergence market report size, by country, 2017-2030 (US$M)

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