Company ProfilePremium

Qiagen

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
Qiagen - Healthcare showcase

Year Founded & Workforce

1984

5,000 Employees

Industry

Healthcare

Services

MetagenomicsQiagen Real-World Insights (RWI)BiomarkersMolecular DiagnosticsOncology Companion Diagnostics
Q

Qiagen Employee Contacts

662 verified contactsNames, job titles, seniority and locations

View Employee Contacts

Qiagen Overview

Company Headquarters: Germany, Europe

Founded: 1984

Workforce: 5,000

Company Working: Qiagen is a healthcare company that deals in sample and assay technologies for molecular diagnostics. The company operates through more than 35 offices spread in over 25 countries. It serves more than 500,000 customers across the globe. Its product portfolio spans through a full range of molecular testing applications. Qiagen’s products are used for extraction, purification, and stabilization of DNA, RNA, and protein from various biological samples. It has over 500 core products in its portfolio. The company is listed on the New York Stock and Frankfurt Prime Standard exchanges. It offers its products in various areas such as discovery & translational research, diagnostics & clinical research, next-generation sequencing, and instruments & automation.

Strategy

Qiagen focuses on increasing its presence in key emerging markets such as Brazil, Russia, India, China, South Korea, Mexico, and Turkey. It also focuses on launching innovative, differentiated, and high-quality products to address the unmet medical and scientific needs. Moreover, its long-term business strategy is to enter into strategic alliances as well as marketing and distribution agreements to expand in the global market.

Company Snapshot

$1,338M

Revenue

5,000

Employees

1984

Founded

Germany, Europe

Headquarters

SWOT Analysis

Strengths

  • Strong distribution network
  • Strong product portfolio of molecular diagnostic products
  • Strong Financial Position
  • Strong in-house research
  • Excellent record of acquisitions
  • Diverse product and service offerings
  • Worldwide manufacturing capabilities
  • Customized support services
  • Robust sales and marketing capabilities
  • Partnerships with major public and private organizations

Weaknesses

  • Limited success outside the core business
  • Comparatively weaker market share taking into consideration its potential abilities
  • Product recalls

Opportunities

  • New product launches
  • Untapped regions for the expansion of business
  • Involving into acquisitions and mergers to increase the market share
  • Expansion of service lines

Threats

  • High competition
  • Rapid technological changes
  • Growing competition for from other companies
  • Stringent regulatory norms in Europe
  • Volatile foreign exchange rates
  • Intense competition may erode the company's market share

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Product Offering

  • Qiagen
    • Metagenomics
    • Qiagen Real-World Insights (RWI)
    • Biomarkers
    • Molecular Diagnostics
    • Oncology Companion Diagnostics

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 1,338 Mn in 2016 to USD 1,502 Mn in 2018.
Qiagen — By Business Segment
Series (USD Mn)201620172018
Sales1,3381,4181,502
R&D150154162

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Unlock Company Contacts

Connect with Key Decision-Makers

Access verified employee contacts and decision-maker information from this company to support your sales, lead generation, and business development efforts.