Key Market Indicators
The export of Emirati diagnostic reagents is expected to reach around $144 million by 2026, up from $111 million in 2021. This represents a compound annual growth rate (CAGR) of 4.1% over the five-year period from 2021 to 2026. Since 2012, the supply of Emirati reagents has grown by 58%. In 2021, the country was ranked 22nd in the world, with Switzerland in the top spot with $111 million. Germany, the Netherlands and the United Kingdom came in at 2nd, 3rd and 4th respectively. The import of Emirati diagnostic reagents is anticipated to reach around $310 million by 2026, up from $272 million in 2021. This represents a CAGR of 2.1% over the five-year period from 2021 to 2026. Since 2012, the demand for Emirati reagents has grown by 2.7%. In 2021, the country was ranked 26th in the world, with Sweden in the top spot with $272 million. Germany, China and the Netherlands came in at 2nd, 3rd and 4th respectively.
