Key Market Indicators
Guyanese Diagnostic Reagent Export is projected to reach approximately $25,400 by 2028, up from around $20,000 in 2023. This marks an average annual growth rate of 3.8%. Since 2011, the supply from Guyana has seen a modest year-on-year increase of 0.5%. In 2023, Guyana was ranked 87th in the world, with Burkina Faso surpassing it at nearly $20,000. Germany, the Netherlands, and the United Kingdom occupy the second, third, and fourth positions, respectively, in this ranking. Meanwhile, Guyanese Diagnostic Reagent Import is set to rise to nearly $4.65 million by 2028, up from about $3.88 million in 2023. This represents an average annual growth rate of 2.8%. Since 1997, Guyanese demand for diagnostic reagents has grown at an average rate of 4.7% per year.
