Healthcare

Eurofins Scientific

Company Profile Analysis

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Eurofins Scientific - Healthcare showcase

Year Founded & Workforce

1986-12-31

45,000 Employees

Industry

Healthcare

Services

E

Eurofins Scientific Overview

Company Headquarters: Luxembourg

Founded: 1987

Workforce: 45,000

Company Working: Eurofins Scientific is a leader in analytical testing services that provides clinical tests and laboratory services in drug discovery pharmacology, genomics, forensics, contract manufacturing organization (CMO), advanced material sciences, and for supporting clinical studies across multiple industries. Pharmaceutical, environment, food, and cosmetics are the major clients for Eurofins Scientific’s products.

The company has around 800 laboratories across 47 countries. It has a portfolio of over 200,000 analytical methods to evaluate and identify the safety, composition, authenticity, purity, and origin of biological substances and products, also used in clinical diagnostics. Geographically, the company operates in North America and South America, Europe, and Asia-Pacific.

Strategy

Eurofins Scientific focuses on improving its science and technology portfolio through strategic capital allocations. The company is committed to pursuing its dynamic growth strategy by expanding its technology portfolio and its geographic reach. Also, through increasing research & development and strategic acquisitions, the company focuses on the modern developments in the field of biotechnology and analytical products to offer its clients innovative analytical solutions with a complete range of testing methods.

Company Snapshot

$2,384.4M

Revenue

45,000

Employees

1986-12-31

Founded

Luxembourg

Headquarters

SWOT Analysis

Strengths

  • Global presence
  • Industrial diversity and unique products
  • Leader in specialty clinical diagnostic testing
  • Huge product portfolio
  • Market leader in testing & laboratory services in genomics
  • Highly qualified staff

Weaknesses

  • Narrow portfolio of services
  • High working capital requirements
  • Significant level of indebtedness may limit the company’s flexibility

Opportunities

  • Acquisitions and mergers
  • Globalization
  • Development of new technology
  • Increasing demand for nutrition rich crop
  • Economic uptick and increasing customer spending
  • Mergers & acquisitions

Threats

  • Increasing market competition
  • Intense competition in the market
  • Infringement of property rights
  • Information security risks
  • Risk related to Intellectual Property Right (IPR)

Key Developments

DateApproachDevelopment
November 2018ExpansionEurofins Scientific committed to open new breeding services in Europe and have begun its first crop testing in France.
July 2018AcquisitionEurofins Scientific announced the acquisition of Agrartest GmbH, a German-based agriculture company. The company is engaged in in-house expertise, technological advancement, and further development in growing fertilizer and seed testing portfolio.

Product Offering

  • Eurofins Scientific
    • Solutions
    • Agriculture Biotechnology
    • Pharmaceutical Analytical Testing Outsourcing Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Eurofins Scientific as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Eurofins Scientific

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