Belgium Immunoassay Analyzers Market Size & Outlook

The immunoassay analyzers market in Belgium is expected to reach a projected revenue of US$ 229.3 million by 2028. A compound annual growth rate of 5.2% is expected of Belgium immunoassay analyzers market from 2022 to 2028.
Revenue, 2021 (US$M)
$161.1
Forecast, 2028 (US$M)
$229.3
CAGR, 2022 - 2028
5.2%
Report Coverage
Belgium

Belgium immunoassay analyzers market, 2016-2028 (US$M)

Belgium

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Belgium immunoassay analyzers market highlights

  • The Belgium immunoassay analyzers market generated a revenue of USD 161.1 million in 2021 and is expected to reach USD 229.3 million by 2028.
  • The Belgium market is expected to grow at a CAGR of 5.2% from 2022 to 2028.
  • In terms of segment, reagents & kits was the largest revenue generating product in 2021.
  • Reagents & Kits is the most lucrative product segment registering the fastest growth during the forecast period.


Immunoassay analyzers market data book summary

Market revenue in 2021USD 161.1 million
Market revenue in 2028USD 229.3 million
Growth rate5.2% (CAGR from 2021 to 2028)
Largest segmentReagents & kits
Fastest growing segmentReagents & Kits
Historical data2016 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationReagents & Kits, Analyzers/Instruments, Software & Services
Key market players worldwideBioMerieux SA, Abbott Laboratories, Roche Holding AG, Siemens Healthineers AG ADR, Becton Dickinson & Co, Bio-Rad Laboratories Inc Class A, Beckman Coulter


Other key industry trends

  • In terms of revenue, Belgium accounted for 0.7% of the global immunoassay analyzers market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Europe, UK immunoassay analyzers market is projected to lead the regional market in terms of revenue in 2028.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 1,884.3 million by 2028.

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Immunoassay Analyzers Market Companies

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Belgium immunoassay analyzers market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to immunoassay analyzers market will help companies and investors design strategic landscapes.


Reagents & kits was the largest segment with a revenue share of 66.42% in 2021. Horizon Databook has segmented the Belgium immunoassay analyzers market based on reagents & kits, analyzers/instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.


.Belgium spent around USD 468.9 billion, with per capita expenditure being USD 5,642.9, on healthcare in 2019. This was equivalent to approximately 11.9% of GDP. In 2018, Belgium reported that 29% of the individuals (aged 15 and above) are living with a chronic disease. 

This percentage is expected to increase steadily with growing age of individuals, with 44% of individuals aged over 75 living with a chronic disease. The prevalence of chronic diseases is observed to be higher in women (31%) than in men (27%). 

The most frequently reported chronic diseases in the country are high blood pressure, lower back disorders, arthrosis, neck disorders, allergy, and high blood cholesterol. The incidence of chronic diseases rapidly increased between 1997 and 2018. 

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Horizon Databook provides a detailed overview of country-level data and insights on the Belgium immunoassay analyzers market , including forecasts for subscribers. This country databook contains high-level insights into Belgium immunoassay analyzers market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Belgium immunoassay analyzers market size, by product, 2016-2028 (US$M)

Belgium Immunoassay Analyzers Market Outlook Share, 2021 & 2028 (US$M)

Belgium immunoassay analyzers market size, by product, 2016-2028 (US$M)

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