Key Market Indicators
The global diagnostic reagent market is projected to reach $4.9 billion by 2026, with China playing a significant role. According to recent figures, Chinese imports of diagnostic reagents are expected to reach $2.4 billion by 2026, rising 3% on average each year since 2021. This follows an impressive 6.7% year-on-year increase since 1997. In 2021, China was the third-largest importer of diagnostic reagents, with Germany in the lead at $2 billion. Germany, China and the Netherlands ranked second, third and fourth respectively. Exports of diagnostic reagents from China are expected to reach $352 million by 2026, with an average annual growth rate of 2.8% since 2021. Again, this follows a strong 11.7% year-on-year increase since 1997. In 2021, China was the eighteenth-largest exporter of diagnostic reagents, with Denmark in the lead at $295 million. Germany, the Netherlands and the United Kingdom ranked second, third and fourth respectively. Overall, the global diagnostic reagent market is predicted to reach almost $5 billion by 2026, with China contributing significantly.
China In Vitro Diagnostics Market Data and Forecasts
How much will China In Vitro Diagnostics Market grow to 2026?
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