Market revenue in 2024 | USD 15.3 million |
Market revenue in 2030 | USD 20.8 million |
Growth rate | 5.3% (CAGR from 2024 to 2030) |
Largest segment | Instruments |
Fastest growing segment | Instruments |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Instruments |
Key market players worldwide | Abbott Laboratories, Thermo Fisher Scientific Inc, Koninklijke Philips NV, BD, BioMerieux SA, Bio-Rad Laboratories Inc, QuidelOrtho Corp, Siemens Healthineers AG ADR, Danaher Corp, Qiagen NV, Roche |
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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 infectious respiratory disease diagnostics market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Europe infectious respiratory disease diagnostics market based on instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Market growth in this region can be attributed to an increase in incidence of infectious diseases, technological advancements, and proactive government initiatives. The government entities play a pivotal role in creating awareness among the people about the potential benefits of early diagnosis of infectious diseases.
In 2017, a new regulation was issued regarding IVD & medical devices in European countries, which is likely to be updated by 2022. The new regulation is expected to offer a more sustainable and robust framework for compliance of diagnostic devices.
Europe became the focal point in the novel coronavirus infection in early March 2020, with the disease spreading rapidly across the region. The geriatric population is at a high risk of infections, and the European region comprises large geriatric population; over 90.4 million people of the region’s population is aged over 65 years.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe infectious respiratory disease diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe infectious respiratory disease diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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