Key Market Indicators
Exports of diagnostic reagents from India are expected to reach around $64 million by 2026, up 2.5% from $55 million in 2021. Since 1993, exports have grown at an average of 3.9% per year. Australia was the top exporter in 2021, followed by Germany, the Netherlands, and the United Kingdom. Imports of diagnostic reagents to India are expected to reach $616 million by 2026, up 2.9% from $514 million in 2021. Since 1993, demand has increased by an average of 7.7% per year. Saudi Arabia was the top importer in 2021, followed by Germany, China, and the Netherlands.