Key Market Indicators
Sales of diagnostic reagents in Spain are forecast to reach €403 million by 2026, up from €336 million in 2021. This equates to an average year-on-year growth rate of 2.9%. Since 2000, the Spanish market has grown 6.5% annually. In 2021, Spain ranked fifth in the world in terms of sales, overtaken by Sweden with €336 million. The United Kingdom, Ireland and Sweden were respectively numbers two, three and four in the ranking. Imports of diagnostic reagents in Spain are expected to reach $848 million by 2026, up from $795 million in 2021, with an average year-on-year growth rate of 1%. Since 1994, Spanish demand has grown four percent annually. In 2021, Spain ranked eighth in the world in terms of imports, overtaken by the United Kingdom with $795 million. Germany, China and the Netherlands were respectively numbers two, three and four in the ranking. Exports of diagnostic reagents in Spain are forecast to reach $581 million by 2026, up from $491 million in 2021, with an average year-on-year growth rate of 2.6%. Since 1994, Spanish supply has grown 9.8% annually. In 2021, Spain ranked thirteenth in the world in terms of exports, overtaken by Italy with $491 million. Germany, the Netherlands and the United Kingdom were respectively numbers two, three and four in the ranking.
Spain In Vitro Diagnostics Market Data and Forecasts
How much will Spain In Vitro Diagnostics Market grow to 2026?
More in In Vitro Diagnostics Industry for 2028Improve your Knowledge with the latest Indicators and Trends
-
Exploring Trends and Strategies in the Global Automated Microbiology Market
The global market for automated microbiology technology, equipment and consumables is experiencing significant growth, largely driven by the increasing demand for advanced diagnostic techniques. New technologies such as next-generation sequencing and high-throughput systems are offering enhanced accuracy, efficiency, and sensitivity in bacterial identification and susceptibility testing. The rise in infectious...
Discover more insights -
Medical Diagnostics: Unveiling Trends in Hemostasis, Virology, and Bacteriology Testing
The hemostasis diagnostics market segment has experienced steady growth due to the increasing prevalence of conditions causing prolonged bleeding disorders such as hemophilia and Von Willebrand Disease (VWD). Despite facing challenges in terms of high costs and complex procedures, advancements in automation and growing demands for precise results have encouraged...
Discover more insights -
Hematology and Flow Cytometry Markets: Unraveling Cutting-edge Technologies and Strategic Competitions
The medical diagnostic sector has witnessed remarkable progress by leveraging advancements in hematology and flow cytometry technology. Research continues to expand, fostering better, more precise systems, which could yield valuable insights into blood and immune disorders. Novel markers and probes utilized in flow cytometry have enhanced our understanding of cellular...
Discover more insights -
Immunodiagnostics: Unveiling Opportunities and Strategies in Therapeutic Drug Monitoring and Tumor Markers Sectors
Both therapeutic drug monitoring (TDM) and tumor markers form integral parts of the burgeoning immunodiagnostics domain. TDM's main function is to regulate drug dosage levels to achieve optimum therapeutic effect with minimal toxicity. Tumor markers, on the other hand, are biological substances indicative of the presence of cancer cells in...
Discover more insights -
Hospital Microbiology Testing: Uncovering Growth Strategies and Opportunities
The realm of clinical microbiology in Germany has seen significant advancements in recent years. The adoption of automated systems has bolstered laboratory efficiency and diagnostics accuracy, reducing turnaround times for infection detection. An emphasis on multidrug resistance testing due to heightened global concerns has also propelled innovations in this segment,...
Discover more insights