Key Market Indicators
Exports of Brazilian diagnostic reagents are expected to reach around $16 million by 2026, a 2.1% year-on-year growth from 2021's $14 million. Since 1994, the country has seen a 3.4% year-on-year increase in supply. In 2021, Brazil took 36th place in the global ranking, just behind Malaysia, which had exports of $14 million. Germany, the Netherlands, and the United Kingdom came in second, third, and fourth place, respectively. Meanwhile, imports of Brazilian diagnostic reagents are estimated to reach $521 million by 2026, a 2.3% year-on-year growth from 2021's $450 million. Since 1994, the country has seen a 9.1% year-on-year increase in demand. In 2021, Brazil took 17th place in the global ranking, just behind Switzerland, which had imports of $450 million. Germany, China, and the Netherlands came in second, third, and fourth place, respectively.