Revenue, 2020 (US$M)
$4,323.5
Forecast, 2028 (US$M)
$8,675.5
CAGR, 2021 - 2028
9.1%
Report Coverage
Europe

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Europe covid-19 vaccine development tools market, 2020-2028 (US$M)

Europe covid-19 vaccine development tools market, 2020-2028 (US$M)

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Europe covid-19 vaccine development tools market highlights

  • The Europe covid-19 vaccine development tools market generated a revenue of USD 4,323.5 million in 2020.
  • The market is expected to grow at a CAGR of 9.1% from 2021 to 2028.
  • In terms of segment, laboratory technologies was the largest revenue generating technologies in 2020.
  • Online Technologies is the most lucrative technologies segment registering the fastest growth during the forecast period.
  • Country-wise, Spain is expected to register the highest CAGR from 2021 to 2028.


Europe data book summary

Market revenue in 2020USD 4,323.5 million
Market revenue in 2028USD 8,675.5 million
Growth rate9.1% (CAGR from 2020 to 2028)
Largest segmentLaboratory technologies
Fastest growing segmentOnline Technologies
Historical data covered2020 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationLaboratory Technologies, Online Technologies
Key market players worldwideThermo Fisher Scientific Inc, Pfizer Inc, Sartorius AG, Stemcell Holdings Inc Ordinary Shares, Illumina Inc, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Danaher Corp, Merck KGaA, Qiagen NV, Shimadzu Corp, Eurofins Scientific SE, Charles River Laboratories International Inc, Takara Bio Inc, Olympus Corp, Avantor Inc, Aurora Innovation Inc Class A, Standard BioTools Inc, Celerion, Cole-Parmer, Hartford Schroders International Stk I, Revvity Inc, Fluidigm Corporation, Polyplus-transfection, Hamilton Lane Inc Class A


Other key industry trends

  • In terms of revenue, Europe region accounted for 27.0% of the global covid-19 vaccine development tools market in 2020.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • Europe is the fastest growing regional market and is projected to reach USD 8,675.5 million by 2028.

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COVID-19 Vaccine Development Tools Market Companies

Name Profile # Employees HQ Website
Hamilton Lane Inc Class A View profile 600 110 Washington Street, Suite 1300, Conshohocken, PA, United States, 19428 https://www.hamiltonlane.com
Polyplus-transfection View profile 11-50 Illkirch-graffenstaden, Alsace, France, Europe http://www.polyplus-transfection.com
Fluidigm Corporation View profile 501-1000 South San Francisco, California, United States, North America https://www.fluidigm.com
Revvity Inc View profile 11500 940 Winter Street, Waltham, MA, United States, 02451 https://www.revvity.com
Hartford Schroders International Stk I View profile - - -
Cole-Parmer View profile - Vernon Hills, Illinois, United States, North America https://www.coleparmer.com/
Celerion View profile 1001-5000 Lincoln, Nebraska, United States, North America https://celerion.com/
Standard BioTools Inc View profile 539 2 Tower Place, Suite 2000, South San Francisco, CA, United States, 94080 https://www.standardbio.com
Aurora Innovation Inc Class A View profile 1800 1654 Smallman Street, Pittsburgh, PA, United States, 15222 https://www.aurora.tech
Avantor Inc View profile 14500 100 Matsonford Road, Suite 200, Building One, Radnor Corporate Center, Radnor, PA, United States, 19087 https://www.avantorsciences.com
Takara Bio Inc View profile 1793 Nojihigashi 7-4-38 Kusatu, Shiga, Otsu, Japan, 520-0058 http://www.takara-bio.co.jp
Charles River Laboratories International Inc View profile 21400 251 Ballardvale Street, Wilmington, MA, United States, 01887 https://www.criver.com
Eurofins Scientific SE View profile 61798 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 https://www.eurofins.com
Qiagen NV View profile 5900 Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL https://www.qiagen.com
Bio-Rad Laboratories Inc View profile 8030 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 https://www.bio-rad.com
Agilent Technologies Inc View profile 17700 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 https://www.agilent.com
Illumina Inc View profile 9300 5200 Illumina Way, San Diego, CA, United States, 92122 https://www.illumina.com
Stemcell Holdings Inc Ordinary Shares View profile - 1185 Avenue of the Americas, 3rd Floor, New York, NY, United States, 10036 https://www.stemcell-holdings.com
Sartorius AG View profile 14338 Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 https://www.sartorius.com
Danaher Corp View profile 63000 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 https://www.danaher.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
Shimadzu Corp View profile 15284 1, Nishinokyo-Kuwabara-cho, Nakagyo-ku, Kyoto, Japan, 604-8511 http://www.shimadzu.com
Olympus Corp View profile 33629 Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 http://www.olympus.co.jp
Pfizer Inc View profile 88000 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 https://www.pfizer.com
Merck KGaA View profile 62345 Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 https://www.emdgroup.com

Europe covid-19 vaccine development tools 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 covid-19 vaccine development tools market will help companies and investors design strategic landscapes.


Laboratory technologies was the largest segment with a revenue share of 95.22% in 2020. Horizon Databook has segmented the Europe covid-19 vaccine development tools market based on laboratory technologies, online technologies covering the revenue growth of each sub-segment from 2020 to 2028.


Europe is the most advanced region in terms of innovation and technology. Constant collaboration of local governments and research institutions has strengthened COVID-19 vaccine development tools market in the region.

For instance, the European Commission granted USD 85.12 million to Cure Vac to develop an mRNA-based COVID-19 vaccine. Similarly, it launched the TRANSVAC2 initiative to support development of infrastructure and vaccine research to assist researchers with a comprehensive range of technical vaccine development services at zero cost.

Reasons to subscribe to Europe covid-19 vaccine development tools market databook:

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Target buyers of Europe covid-19 vaccine development tools market databook

  • Our clientele includes a mix of covid-19 vaccine development tools 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 covid-19 vaccine development tools market , including forecasts for subscribers. This continent databook contains high-level insights into Europe covid-19 vaccine development tools market from 2020 to 2028, including revenue numbers, major trends, and company profiles.

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Europe covid-19 vaccine development tools market size, by country, 2020-2028 (US$M)

Europe COVID-19 Vaccine Development Tools Market Outlook Share, 2020 & 2028 (US$M)

Europe covid-19 vaccine development tools market size, by country, 2020-2028 (US$M)

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