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Azerbaijan In Vitro Diagnostics Industry Outlook 2022 - 2026

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

Key Market Indicators

Azerbaijan's diagnostic reagent exports are expected to drop by 7.3% each year on average, from $5.5 million in 2021 to $3.6 million in 2026. Since 2004, the country's supply of diagnostic reagents has increased 65.5% year on year. In 2021, Azerbaijan ranked 110th for exports of diagnostic reagents, falling behind Swaziland's $5.5 million. Germany, the Netherlands, and the United Kingdom respectively ranked 2nd, 3rd, and 4th in the same ranking. Meanwhile, imports of diagnostic reagents to Azerbaijan are set to grow 3.6% year on year, reaching $15 million by 2026. Since 2001, the country's demand for diagnostic reagents has increased 12.1% year on year. In 2021, Azerbaijan ranked 98th in the world, behind Rwanda's $12 million. Germany, China, and the Netherlands respectively ranked 2nd, 3rd, and 4th in the same ranking.

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Azerbaijan In Vitro Diagnostics Market Data and Forecasts

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