Key Market Indicators
Lebanon is set to see growth in its diagnostic reagent import market, reaching $77 million by 2026. This is a 2.6% year-on-year increase from 2021's total of $65.4 million, which Lebanon placed 52nd in the world rankings. Iran overtook Lebanon with a total of $65.4 million. Germany, China and the Netherlands rounded out the top four countries. In contrast, Lebanon's diagnostic reagent export market is expected to decline by 1.9% year-on-year, reaching $84 million by 2026. This is a decrease from 2021's total of $94.2 million, where Lebanon was 86th in the world rankings. Albania overtook Lebanon with a total of $94.2 million. Germany, the Netherlands and the United Kingdom came in second, third and fourth respectively.
