EU - Composite Diagnostic Or Laboratory Reagents - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact
Germany Dominates the EU Market for Composite Diagnostic and Laboratory Reagents
IndexBox has just published a new report: 'EU - Composite Diagnostic Or Laboratory Reagents - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
In 2018, the market value for composite laboratory reagents in the European Union totaled $9.4B. Over the period under review, composite laboratory reagents consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of 14% year-to-year. Over the period under review, the composite laboratory reagents market reached its peak figure level at $12.2B in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.
Consumption by Country
The largest composite laboratory reagents markets in the European Union were Germany ($2.8B), the UK ($1.7B) and Italy ($1.1B), together comprising 60% of the total market. The Netherlands, Spain, Hungary, Austria, Belgium, Sweden, Portugal, Greece and Poland lagged somewhat behind, together accounting for a further 31%.
Exports in the EU
In value terms, composite laboratory reagents exports totaled $15.7B (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +4.5% from 2009 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review.
Exports by Country
Germany ($4.7B), the UK ($2.5B) and the Netherlands ($2.3B) appeared to be the countries with the highest levels of exports in 2018, with a combined 61% share of total exports. These countries were followed by Ireland, France, Sweden, Italy, Belgium, Spain, Poland, Austria and Hungary, which together accounted for a further 33%.
In terms of the main exporting countries, Poland recorded the highest growth rate of the value of exports, over the period under review, while exports for the other leaders experienced more modest paces of growth.
Imports in the EU
EU's composite laboratory reagents imports totaled $12.5B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +2.5% over the period from 2009 to 2018.
Imports by Country
In value terms, the largest composite laboratory reagents importing markets in the European Union were Germany ($3B), the Netherlands ($1.7B) and France ($1.5B), with a combined 49% share of total imports.
The Netherlands recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while imports for the other leaders experienced more modest paces of growth.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the composite laboratory reagents market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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