Key Market Indicators
Colombia's import and export of diagnostic reagents is projected to expand in the coming years. In 2021, Colombia's import of diagnostic reagents reached $124.7 million, up 2.2% from the previous year, according to a recent analysis. This growth has been consistent since 1996, with an average year-on-year growth rate of 4.5%. Finland overtook Colombia, which ranked 43rd in the world in 2021. Germany, China and the Netherlands ranked second, third and fourth, respectively. Meanwhile, Colombia's export of diagnostic reagents is expected to reach $964,540 by 2026, growing by an average annual rate of 2%. Since 1996, Colombia's supply has grown year on year by 5.5%. In 2021, the country ranked 61st, with Namibia ahead of it at $848,080. Germany, the Netherlands and the United Kingdom ranked second, third and fourth, respectively.
