Key Market Indicators
Sales of Lithuanian diagnostic reagents are expected to reach €393 million by 2026, up from €298 million in 2021 – a growth of 4.4% year on year compounded annually. Since 2010, the Lithuanian market has grown by 24.4% annually. In 2021, Lithuania ranked 6th in the global market, with Spain coming in ahead at €297.7 million. The United Kingdom, Ireland and Sweden were ranked 2nd, 3rd and 4th respectively. Exports of Lithuanian diagnostic reagents are projected to reach $617 million by 2026, up from $474 million in 2021 – an annual growth rate of 4.2%. Since 1999, supply from Lithuania has risen 22.8% year on year. In 2021, Lithuania ranked 15th in the global market, with South Korea overtaking at $473.6 million. Germany, the Netherlands and the United Kingdom were ranked 2nd, 3rd and 4th respectively. Imports of Lithuanian diagnostic reagents are expected to reach $173 million by 2026, up from $139 million in 2021 – a 3.4% annual growth rate. Since 1999, demand in Lithuania has increased by 15% year on year. In 2021, Lithuania ranked 39th in the global market, with Israel overtaking at $139.3 million. Germany, China and the Netherlands were ranked 2nd, 3rd and 4th respectively.
Lithuania In Vitro Diagnostics Market Data and Forecasts
How much will Lithuania In Vitro Diagnostics Market grow to 2026?
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