Global In Vitro Diagnostics Trends in 2024
In Vitro Diagnostics is part of Diagnostics and includes a number of sub-sectors such as In Vitro Diagnostic Reagent. You may also be interested in Laboratory.
Global Diagnostic Reagent Export is projected to climb to approximately $33.5 billion by 2028, up from about $29.6 billion in 2023. This represents an annual compound growth rate (CAGR) of 2.1%. Since 2019, the global supply of diagnostic reagents has increased by an average of 2.7% each year. In 2023, the United States led the world in diagnostic reagent exports, with a total of $8.2 billion. Germany, the Netherlands, and the United Kingdom followed as the second, third, and fourth largest exporters in this sector, respectively. Senegal showed remarkable growth, with its diagnostic reagent exports up by 52.2% year on year. In contrast, El Salvador experienced a significant decline, with exports falling by 27.2% annually since 2019.
Top 10 countries
In 2024 major markets in the In Vitro Diagnostics Industry were:
In Vitro Diagnostics Market Data and Forecasts
How much the In Vitro Diagnostics industry is expected to grow to 2028?
Global In Vitro Diagnostics Statistics
- Diagnostic Reagent Import 190 countries (Africa, Sub-Saharan Africa, Latin America...)
- Measuring Equipment Import 186 countries (Africa, Sub-Saharan Africa, Asia...)
- Measuring Equipment Export 171 countries (Asia, Africa, Latin America...)
- Diagnostic Reagent Export 169 countries (Asia, Latin America, Africa...)
- Chemical Products Import 192 countries (Asia, Africa, Sub-Saharan Africa...)
- Consumer Goods Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Chemical Products Export 184 countries (Asia, Africa, Latin America...)
- Pharmaceutical Imports 193 countries (Africa, Sub-Saharan Africa, Latin America...)
- Consumer Goods Export 191 countries (Asia, Latin America, Africa...)
- Coke Import 174 countries (Asia, Europe, Southeast Asia...)