The global demand for Immunohistochemistry Market is presumed to reach the market size of nearly USD 12.57 BN by 2030 from USD 5.11 BN in 2022 with a CAGR of 10.52% under the study period 2023 - 2030.
Immunohistochemistry (IHC) assists in diagnostic and research laboratories to identify enzymes, tumor suppressor genes, antigens, and tumor cell proliferation. It includes the visualization of the presence and localization of the target protein in different types of cells, biological cycles and even subcellular localization within the complex tissues. IHC has gained popularity in clinical diagnostics as it is used to diagnose chronic diseases such as cancer, infectious diseases, cardiovascular diseases, and autoimmune disorders. IHC is used in research applications where molecules of interest are analyzed on the cellular, molecular, or tissue level to study their roles in both healthy and diseased cells and tissues.
Market Dynamics
The high prevalence of chronic diseases is expected to increase demand for immunohistochemistry solutions contributing to market growth. Moreover, the increased concern for experiencing a better quality of life and increased healthcare spending are expected to boost the market. Besides that, the IHC technique is used to treat diseases such as heart disease, drug development, infectious disease, endocrinology, and drug abuse testing, giving the market a boost. Furthermore, the technique has played an important role in shaping cancer diagnostics. As a result, the rising prevalence of cancer is expected to increase the demand for immunohistochemistry, thus contributing to market growth. However, the lack of specificity associated with IHC techniques and its high setup cost is anticipated to restrict the growth of the market for immunohistochemistry.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of immunohistochemistry. The growth and trends of immunohistochemistry industry provide a holistic approach to this study.
Market Segmentation
This section of the immunohistochemistry market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Antibodies (Primary Antibodies, Secondary Antibodies)
- Equipment (Slide Staining System, Tissue Microarrays, Tissue Processing Systems, Slide Scanners, Others)
- Reagents (Histological Stains, Blocking Sera And Reagents, Chromogenic Substrates, Fixation Reagents, Stabilizers, Organic Solvents, Proteolytic Enzymes, Diluents, Kits)
By Application
- Diagnostics (Cancer, Infectious Diseases, Cardiovascular Diseases, Autoimmune Diseases, Diabetes Mellitus, Nephrological Diseases)
- Drug Testing
By End-Use
- Hospitals & Diagnostic Laboratories
- Research Institutes
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Immunohistochemistry market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Immunohistochemistry Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Immunohistochemistry market include Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Merck KGaA, Danaher Corporation, PerkinElmer, Inc., Bio-Rad Laboratories, Inc., Cell Signaling Technology, Inc., Bio SB, Abcam plc., Agilent Technologies Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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