Key Market Indicators
Cypriot demand for diagnostic reagents is set to reach $20.1 million by 2026, growing at a 2% CAGR year-on-year. In 2021, the country was ranked 89th, overtaken by Namibia at $17.7 million. Germany, China and the Netherlands ranked 2nd, 3rd and 4th respectively. Cypriot supply of diagnostic reagents is set to reach $7.9 million by 2026, growing at a 1.9% CAGR year-on-year. In 2021, the country was ranked 47th, overtaken by Romania at $7 million. Germany, the Netherlands and the United Kingdom ranked 2nd, 3rd and 4th respectively. Since 1994, Cypriot demand has grown 6.7% year-on-year, while supply has decreased by 0.2%.