Europe Sequencing Consumables Market Size & Outlook

The sequencing consumables market in Europe is expected to reach a projected revenue of US$ 6,487.0 million by 2030. A compound annual growth rate of 21.7% is expected of Europe sequencing consumables market from 2024 to 2030.

Revenue, 2023 (US$M)
$1,640.4
Forecast, 2030 (US$M)
$6,487.0
CAGR, 2024 - 2030
21.7%
Report Coverage
Europe

Europe sequencing consumables market highlights

  • The Europe sequencing consumables market generated a revenue of USD 1,640.4 million in 2023.
  • The market is expected to grow at a CAGR of 21.7% from 2024 to 2030.
  • In terms of segment, kits was the largest revenue generating product in 2023.
  • Kits 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 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 1,640.4 million
Market revenue in 2030USD 6,487.0 million
Growth rate21.7% (CAGR from 2023 to 2030)
Largest segmentKits
Fastest growing segmentKits
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationKits, Reagents, Accessories
Key market players worldwideRoche, Qiagen NV, Agilent Technologies Inc, Merck & Co Inc, Takara Bio Inc, Beckman Coulter, Eurofins Scientific SE, Oxford Nanopore Technologies PLC, Thermo Fisher Scientific Inc, BGI Worldwide Logistics, Inc.


Other key industry trends

  • In terms of revenue, Europe region accounted for 23.7% of the global sequencing consumables market in 2023.
  • 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 5,651.5 million by 2030.

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Sequencing Consumables Market Companies

Name Profile # Employees HQ Website

Europe sequencing consumables 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 sequencing consumables market will help companies and investors design strategic landscapes.


Kits was the largest segment with a revenue share of 80.83% in 2023. Horizon Databook has segmented the Europe sequencing consumables market based on kits, reagents, accessories covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe sequencing consumables market databook

  • Our clientele includes a mix of sequencing consumables 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe sequencing consumables market , including forecasts for subscribers. This continent databook contains high-level insights into Europe sequencing consumables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe sequencing consumables market size, by country, 2018-2030 (US$M)

Europe Sequencing Consumables Market Outlook Share, 2023 & 2030 (US$M)

Europe sequencing consumables market size, by country, 2018-2030 (US$M)

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