Europe Large Molecule Bioanalytical Testing Services Market Size & Outlook
Europe large molecule bioanalytical testing services market, 2018-2030 (US$M)
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Europe large molecule bioanalytical testing services market highlights
- The Europe large molecule bioanalytical testing services market generated a revenue of USD 447.5 million in 2021.
- The market is expected to grow at a CAGR of 9.1% from 2022 to 2030.
- In terms of segment, clinical was the largest revenue generating phase in 2021.
- Preclinical is the most lucrative phase segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 447.5 million |
| Market revenue in 2030 | USD 979.3 million |
| Growth rate | 9.1% (CAGR from 2021 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Preclinical |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Preclinical, Clinical |
| Key market players worldwide | Labcorp Holdings Inc, IQVIA Holdings Inc, Syneos Health, SGS AG, Toxikon, Intertek Group PLC, Pace Analytical Services, Icon PLC, Charles River Laboratories International Inc, Thermo Fisher Scientific Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.0% of the global large molecule bioanalytical testing services market in 2021.
- 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 509.0 million by 2030.
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Large Molecule Bioanalytical Testing Services Market Scope
Large Molecule Bioanalytical Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe large molecule bioanalytical testing services 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 large molecule bioanalytical testing services market will help companies and investors design strategic landscapes.
Clinical was the largest segment with a revenue share of 67.13% in 2021. Horizon Databook has segmented the Europe large molecule bioanalytical testing services market based on preclinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
European region spearheads in microbial manufacturing technology, which represents the R&D effort by this region at the global level. Various developing countries across the globe are seeking partnerships with the Western giants to establish their own domestic capability by providing support services to the industry, consisting of clinical research, toxicity testing, drug development, etc.
Pharmaceutical and biotechnology industries in Europe have made significant investments on R&D in the recent years owing to rising demand for advanced medicines. This can be attributed to increasing aging population and growing incidence of chronic & communicable diseases. For instance, more than one fifth of the European population was aged 65 or above in 2019.
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Our clientele includes a mix of large molecule bioanalytical testing services market companies, investment firms, advisory firms & academic institutions.
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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 large molecule bioanalytical testing services market , including forecasts for subscribers. This continent databook contains high-level insights into Europe large molecule bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe large molecule bioanalytical testing services market size, by country, 2018-2030 (US$M)
Europe Large Molecule Bioanalytical Testing Services Market Outlook Share, 2021 & 2030 (US$M)
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