Key Market Indicators
The German diagnostic reagent market is expected to reach €2.8 billion by 2026, up from €2.5 billion in 2021. On average, growth has been at a rate of 2.3% year-on-year since 2000. The United Kingdom, Ireland and Sweden ranked second, third and fourth respectively in 2021. Imports of diagnostic reagents into Germany are forecast to reach $3.5 billion by 2026, up from $3.2 billion in 2021. Demand has grown by 3.3% year-on-year since 1996 and the country was second in 2021, behind the United States with $3.2 billion. China, the Netherlands and Germany ranked second, third and fourth respectively. Exports of diagnostic reagents from Germany are projected to reach $5.3 billion by 2026, up from $4.7 billion in 2021. Supply has increased by 3.6% year-on-year since 1996 and the country was second in 2021, behind the US with $4.7 billion. The Netherlands, the United Kingdom and Germany ranked second, third and fourth respectively.
