Key Market Indicators
Chilean demand for diagnostic reagents is expected to reach $200 million by 2026. This is up from $168 million in 2021, growing at an average of 2.5% year on year. Since 1995, Chilean demand has grown 6.7% annually. In 2021, Chile placed 36th in the global rankings, with Portugal ahead at $168 million. Germany, China and the Netherlands occupied positions 2, 3 and 4 respectively. Chilean exports of diagnostic reagents will hit $8.6 million by 2026. This is up from $6.8 million in 2021, with a CAGR of 3.9% year on year. Since 1995, Chilean supply has grown 19.8% each year. In 2021, Chile placed 49th in the global rankings, with Estonia at $6.8 million. Germany, the Netherlands and the United Kingdom were the next three in the list.