Europe Medical Specimen Tracking System Market Size & Outlook

The medical specimen tracking system market in Europe is expected to reach a projected revenue of US$ 567.7 million by 2030. A compound annual growth rate of 9.9% is expected of Europe medical specimen tracking system market from 2023 to 2030.
Revenue, 2022 (US$M)
$266.7
Forecast, 2030 (US$M)
$567.7
CAGR, 2023 - 2030
9.9%
Report Coverage
Europe

Europe medical specimen tracking system market, 2018-2030 (US$M)

Europe

Europe medical specimen tracking system market highlights

  • The Europe medical specimen tracking system market generated a revenue of USD 266.7 million in 2022.
  • The market is expected to grow at a CAGR of 9.9% from 2023 to 2030.
  • In terms of segment, software was the largest revenue generating product in 2022.
  • Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.

Europe data book summary

Market revenue in 2022USD 266.7 million
Market revenue in 2030USD 567.7 million
Growth rate9.9% (CAGR from 2022 to 2030)
Largest segmentSoftware
Fastest growing segmentConsumables
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Hardware, Consumables
Key market players worldwideKuehne + Nagel International AG, CryoPort Inc, Azenta Inc, RMS Omega Technologies, Gao Rfid, TrakCel, LabConnect, Taylor Data Systems, BioIT Solutions

Other key industry trends

  • In terms of revenue, Europe region accounted for 33.0% of the global medical specimen tracking system market in 2022.
  • 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 329.1 million by 2030.

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Medical Specimen Tracking System Market Companies

Name Profile # Employees HQ Website

Europe medical specimen tracking system 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 medical specimen tracking system market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 50.62% in 2022. Horizon Databook has segmented the Europe medical specimen tracking system market based on software, hardware, consumables covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Medical Specimen Tracking System Product Outlook (Revenue, USD Million, 2018-2030)
    • Software
    • Hardware
    • Consumables
  • Europe Medical Specimen Tracking System Type Outlook (Revenue, USD Million, 2018-2030)
    • Patient Testing
    • Clinical Trial Tissue Specimen
  • Europe Medical Specimen Tracking System Technology Outlook (Revenue, USD Million, 2018-2030)
    • Barcode
    • RFID
  • Europe Medical Specimen Tracking System End user Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals & Clinics
    • Pathology Laboratories
    • Others

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  • Our clientele includes a mix of medical specimen tracking system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical specimen tracking system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical specimen tracking system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe medical specimen tracking system market size, by country, 2018-2030 (US$M)

Europe Medical Specimen Tracking System Market Outlook Share, 2022 & 2030 (US$M)

Europe medical specimen tracking system market size, by country, 2018-2030 (US$M)

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