Europe Targeted Protein Degradation Market Size & Outlook

The targeted protein degradation market in Europe is expected to reach a projected revenue of US$ 1,035.9 million by 2033. A compound annual growth rate of 20.7% is expected of Europe targeted protein degradation market from 2026 to 2033.
Revenue, 2025 (US$M)
$222.9
Forecast, 2033 (US$M)
$1,035.9
CAGR, 2026 - 2033
20.7%
Report Coverage
Europe

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Europe targeted protein degradation market, 2021-2033 (US$M)

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Europe targeted protein degradation market highlights

  • The Europe targeted protein degradation market generated a revenue of USD 222.9 million in 2025.
  • The market is expected to grow at a CAGR of 20.7% from 2026 to 2033.
  • In terms of segment, protac was the largest revenue generating type in 2025.
  • Molecular Glues is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2026 to 2033.

Europe data book summary

Market revenue in 2025USD 222.9 million
Market revenue in 2033USD 1,035.9 million
Growth rate20.7% (CAGR from 2026 to 2033)
Largest segmentProtac
Fastest growing segmentMolecular Glues
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationPROTAC, Molecular Glues, LYTACs, Others Type
Key market players worldwideThermo Fisher Scientific Inc, Bio-Techne Corp, Promega, Merck KGaA, BPS Bioscience Inc., Bayer AG, BroadPharm, BOC Sciences

Other key industry trends

  • In terms of revenue, Europe region accounted for 31.9% of the global targeted protein degradation market in 2025.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 713.7 million by 2033.

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Targeted Protein Degradation Market Companies

Name Profile # Employees HQ Website
BOC Sciences View profile 501-1000 Shirley, New York, United States, North America https://www.bocsci.com/
BPS Bioscience Inc. View profile 51-100 San Diego, California, United States, North America http://bpsbioscience.com
BroadPharm View profile 11-50 San Diego, California, United States, North America https://broadpharm.com
Promega View profile 5001-10000 Madison, Wisconsin, United States, North America http://www.promega.com/es
Bio-Techne Corp View profile 3050 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 https://www.bio-techne.com
Bayer AG View profile 99723 Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 https://www.bayer.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
Merck KGaA View profile 62345 Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 https://www.emdgroup.com

Europe targeted protein degradation market size, by country, 2021-2033 (US$M)

Europe Targeted Protein Degradation Market Outlook Share, 2025 & 2033 (US$M)

Europe targeted protein degradation market size, by country, 2021-2033 (US$M)

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