Germany Infectious Respiratory Disease Diagnostics Market Size & Outlook
Germany infectious respiratory disease diagnostics market, 2018-2030 (US$M)
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Germany infectious respiratory disease diagnostics market highlights
- The Germany infectious respiratory disease diagnostics market generated a revenue of USD 1,103.5 million in 2020 and is expected to reach USD 1,255.4 million by 2028.
- The Germany market is expected to grow at a CAGR of 1.6% from 2021 to 2028.
- In terms of segment, consumables was the largest revenue generating product in 2020.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Infectious respiratory disease diagnostics market data book summary
| Market revenue in 2020 | USD 1,103.5 million |
| Market revenue in 2028 | USD 1,255.4 million |
| Growth rate | 1.6% (CAGR from 2020 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Services |
| 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 |
Other key industry trends
- In terms of revenue, Germany accounted for 3.1% of the global infectious respiratory disease diagnostics market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, UK infectious respiratory disease diagnostics market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,580.5 million by 2028.
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Infectious Respiratory Disease Diagnostics Market Scope
Infectious Respiratory Disease Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany infectious respiratory disease diagnostics 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 infectious respiratory disease diagnostics market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 63.68% in 2024. Horizon Databook has segmented the Germany infectious respiratory disease diagnostics market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is one of the key markets for infectious respiratory disease diagnostics in Europe. Key manufacturers, such as F. Hoffmann La Roche Ltd. and Bio-Rad Laboratories, Inc., are targeting Germany due to its potential for growth in the respiratory disease diagnostics market.
For instance, in March 2020, Bayer AG is provided more than 40 diagnostic devices in various sites across Germany to increase the country’s COVID19 testing capacity. Moreover, Robert Bosch GmbH developed a rapid COVID-19 test that diagnoses nine other respiratory diseases with a turn around time of 2.5 hours.
The country has been significantly impacted by the SARS-CoV-2 pandemic, and the increasing demand for testing is driving the sales of diagnostics for respiratory diseases. In March 2021, post the detection of 1 million cases in a week in Europe, the German supermarkets have rolled out seven approved home-test kits costing USD 30.47 for five antigen test kits.
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Our clientele includes a mix of infectious respiratory disease diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany infectious respiratory disease diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Germany infectious respiratory disease diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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