Key Market Indicators
Since 2013, the Austrian market has seen a steady increase of 19% year on year. By 2021, Austria ranked ninth, with Lithuania ahead at approximately €335 million. Spain, the United Kingdom, and Finland secured the second, third, and fourth spots, respectively. Austrian Diagnostic Reagent Export is projected to reach roughly $317 million by 2028, up from approximately $290 million in 2023, marking an average annual growth of 1.4%. Since 1999, the country's supply has increased by 1.5% annually. In 2023, Austria was ranked 19th, with China surpassing it at around $290 million. Germany, the Netherlands, and the United Kingdom held the second, third, and fourth positions in this category. Meanwhile, Austrian Diagnostic Reagent Import is expected to grow to about $336 million by 2028, up from around $315 million in 2023, reflecting an average annual growth rate of 1%. Since 1999, Austria's demand for diagnostic reagents has risen by 1% each year.
