Europe Polymerase Chain Reaction Market Size & Outlook

The polymerase chain reaction market in Europe is expected to reach a projected revenue of US$ 4,194.1 million by 2030. A compound annual growth rate of -10.6% is expected of Europe polymerase chain reaction market from 2024 to 2030.
Revenue, 2023 (US$M)
$9,157.2
Forecast, 2030 (US$M)
$4,194.1
CAGR, 2024 - 2030
-10.6%
Report Coverage
Europe

Europe polymerase chain reaction market, 2018-2030 (US$M)

Europe

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 2023USD 9,157.2 million
Market revenue in 2030USD 4,194.1 million
Growth rate-10.6% (CAGR from 2023 to 2030)
Largest segmentConventional pcr
Fastest growing segmentConventional PCR
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConventional PCR
Key market players worldwideThermo 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 Companies

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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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Target buyers of Europe polymerase chain reaction market databook

  • Our clientele includes a mix of polymerase chain reaction market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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)

Europe polymerase chain reaction market size, by country, 2018-2030 (US$M)

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