Europe Companion Diagnostics Market Size & Outlook
Europe companion diagnostics market, 2018-2030 (US$M)
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Europe companion diagnostics market highlights
- The Europe companion diagnostics market generated a revenue of USD 2,611.8 million in 2024.
- The market is expected to grow at a CAGR of 9.7% from 2025 to 2030.
- In terms of segment, assays, kits, and reagents was the largest revenue generating product and services in 2024.
- Software and Services is the most lucrative product and services segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 2,611.8 million |
| Market revenue in 2030 | USD 4,443.8 million |
| Growth rate | 9.7% (CAGR from 2025 to 2030) |
| Largest segment | Assays, kits, and reagents |
| Fastest growing segment | Software and Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Assays, Kits, and Reagents, Instruments and Systems, Software and Services |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.8% of the global companion diagnostics market in 2024.
- 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 3,539.2 million by 2030.
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Companion Diagnostics Market Scope
Companion Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe companion diagnostics 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 companion diagnostics market will help companies and investors design strategic landscapes.
Assays, kits, and reagents was the largest segment with a revenue share of 63.34% in 2024. Horizon Databook has segmented the Europe companion diagnostics market based on assays, kits, and reagents, instruments and systems, software and services covering the revenue growth of each sub-segment from 2018 to 2030.
Europe commands a notable share of the global companion diagnostics market, supported by developed economies such as Germany, Spain, the UK, France, and Italy. These nations benefit from strong healthcare infrastructure and robust clinical research capabilities, spurring market growth.
In the UK, advanced healthcare systems, strategic partnerships, and the introduction of innovative products drive adoption. Meanwhile, France’s focus on in-house genomic testing and Germany’s rising disease incidence also contribute to market expansion. Overall, these factors position Europe for sustained growth in companion diagnostics.
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Target buyers of Europe companion diagnostics market databook
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Our clientele includes a mix of companion diagnostics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 companion diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe companion diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe companion diagnostics market size, by country, 2018-2030 (US$M)
Europe Companion Diagnostics Market Outlook Share, 2024 & 2030 (US$M)
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