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
Related Markets
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 2025 | USD 222.9 million |
| Market revenue in 2033 | USD 1,035.9 million |
| Growth rate | 20.7% (CAGR from 2026 to 2033) |
| Largest segment | Protac |
| Fastest growing segment | Molecular Glues |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PROTAC, Molecular Glues, LYTACs, Others Type |
| Key market players worldwide | Thermo 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 Scope
Targeted protein degradation market segmentation & scope
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)
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