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Singapore In Vitro Diagnostics Industry Outlook 2022 - 2026

See how Singapore In Vitro Diagnostics performed compared to key markets such as the United States, Germany and the Netherlands.

Key Market Indicators

Exports of diagnostic reagents from Singapore are expected to reach $2.1 billion by 2026, up from $1.7 billion in 2021. This is an average growth rate of 3.4% year-on-year since 1994. In 2021, the country ranked fifth globally, overtaken by the United Kingdom, which recorded $1.7 billion. Germany, the Netherlands and the United Kingdom came in at second, third and fourth, respectively. Imports of diagnostic reagents into Singapore are expected to reach $896 million by 2026, up from $729 million in 2021. This is an average growth rate of 3.3% year-on-year since 1994. In 2021, the country ranked eleventh globally, with South Korea ahead on $729 million. Germany, China and the Netherlands came in at second, third and fourth, respectively.

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Singapore In Vitro Diagnostics Market Data and Forecasts

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