Europe Polymerase Chain Reaction Market Size & Outlook
Related Markets
Europe polymerase chain reaction market highlights
- The Europe polymerase chain reaction market generated a revenue of USD 9,157.2 million in 2023.
- The market is expected to grow at a CAGR of -10.6% from 2024 to 2030.
- In terms of segment, conventional pcr was the largest revenue generating type in 2023.
- Conventional PCR is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 9,157.2 million |
| Market revenue in 2030 | USD 4,194.1 million |
| Growth rate | -10.6% (CAGR from 2023 to 2030) |
| Largest segment | Conventional pcr |
| Fastest growing segment | Conventional PCR |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional PCR |
| Key market players worldwide | Thermo Fisher Scientific Inc, Danaher Corp, Abbott Laboratories, Bio-Rad Laboratories Inc, Agilent Technologies Inc, Qiagen NV, Roche Holding AG ADR, Standard BioTools Inc, Stilla, Microsynth |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.5% of the global polymerase chain reaction market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 564.1 million by 2030.
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Polymerase Chain Reaction Market Scope
Polymerase Chain Reaction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Microsynth | View profile | 11-50 | Balgach, Sankt Gallen, Switzerland, Europe | https://www.microsynth.ch/ |
| Stilla | View profile | 1-10 | San Francisco, California, United States, North America | https://wearestilla.com/ |
| Standard BioTools Inc | View profile | 539 | 2 Tower Place, Suite 2000, South San Francisco, CA, United States, 94080 | https://www.standardbio.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Roche Holding AG ADR | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
Europe polymerase chain reaction 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 polymerase chain reaction market will help companies and investors design strategic landscapes.
Conventional pcr was the largest segment with a revenue share of 3.64% in 2023. Horizon Databook has segmented the Europe polymerase chain reaction market based on conventional pcr covering the revenue growth of each sub-segment from 2018 to 2030.
In 2022, Europe emerged as the second-largest globally. Growth in the region can be underpinned by rising prevalence of cardiovascular and genetic disorders, along with rising investments in genomics and proteomics.
Government funding, the implementation of genetic counseling programs, extensive investments in the healthcare sector are some of the key drivers of the PCR market in Europe. Moreover, the presence of key players such as Qiagen and F.
Hoffmann La Roche Ltd., along with their strong product portfolios, is expected to drive the market. Furthermore, the outbreak of SARS-COV-2 has increased the demand in the region, prompting manufacturers to develop & introduce COVID-19-related products.
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Our clientele includes a mix of polymerase chain reaction 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 polymerase chain reaction market , including forecasts for subscribers. This continent databook contains high-level insights into Europe polymerase chain reaction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe polymerase chain reaction market size, by country, 2018-2030 (US$M)
Europe Polymerase Chain Reaction Market Outlook Share, 2023 & 2030 (US$M)
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