Key Market Indicators
The import and export of diagnostic reagents in Indonesia is expected to grow in the coming years. Import of the product is forecast to reach around $254 million by 2026, up from $206 million in 2021. This represents an average annual growth rate of 3.3%. Since 1994, demand for diagnostic reagents in Indonesia has grown by 10.1% each year. In 2021, the country ranked 30th, with Egypt overtaking it at $206 million. Germany, China, and the Netherlands were the second, third, and fourth-ranked countries respectively. Export of diagnostic reagents is estimated to reach $1.82 billion by 2026, up from $1.59 billion in 2021. This represents an average growth rate of 2.1%. Since 1997, supply of the product in Indonesia has grown by 26.3% annually. In 2021, the country ranked 54th, with Mexico ahead at $1.59 billion. Germany, the Netherlands, and the United Kingdom were the second, third, and fourth-ranked countries respectively.
Indonesia In Vitro Diagnostics Market Data and Forecasts
How much will Indonesia In Vitro Diagnostics Market grow to 2026?
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