Key Market Indicators
Japanese demand for diagnostic reagent imports is set to reach $775 million by 2026, up 1.6% year on year on average. Since 1993, demand has grown by 4.4% each year. In 2021, Japan ranked 12th in terms of imports, with Singapore coming in ahead at $702 million. Germany, China and the Netherlands ranked second, third and fourth respectively. Japanese exports of diagnostic reagents are expected to hit $916 million by 2026, a rise of 2.7% year on year on average. Since 1993, Japanese supply has jumped 6.5% annually. In 2021, Japan was 8th in terms of exports, with Sweden ahead at $772 million. Germany, the Netherlands and the United Kingdom took second, third and fourth place respectively.
