Key Market Indicators
Lab expenditure in Luxembourg is expected to rise by 0.8% year on year to reach €130.31 million by 2026. This is up from €124.27 million in 2021, when the country ranked 18th in the world. Since 2016, demand for lab equipment in Luxembourg has increased by 0.7% each year. Finland overtook the country in 2021 with €124.27 million. France, Spain and Switzerland came in at numbers 2, 3 and 4 in the global ranking, respectively.
