Immunohistochemistry Market Expected to Reach US$ 3,347.57 Mn in 2027 - Danaher, Merck, Thermo Fisher, PerkinElmer, Abcam, Agilent Technologies, Bio SB, Bio-Rad Laboratories, Cell Signalling, F. Hoffmann-La Roche

The Global Immunohistochemistry market is expected to reach US$ 3,347.57 Mn in 2027 from US$ 1,787.45 in 2018. The immunohistochemistry market is estimated to grow with a CAGR of 7.3% from 2019-2027.

Driving factors such as rising incidences of chronic and infectious diseases, increasing geriatric population, and growing R&D investments biotechnology & biopharmaceutical industries are expected to boost the market over the years. However, limitations associated with immunohistochemistry is likely to have a negative impact on the growth of the market in the coming years. Besides, the development opportunities in emerging countries are likely to have a positive effect on the growth of the market in the forecast years

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The List of Companies-
1. Danaher,2. Merck KGaA,3. Thermo Fisher Scientific, Inc.,4. PerkinElmer, Inc.,5. Abcam Plc,6. Agilent Technologies,7. Bio SB,8. Bio-Rad Laboratories, Inc,9. Cell Signalling Technology, Inc.,10. F. Hoffmann-La Roche Ltd.

Additionally, rising urbanization and a growing number of middle-income people results in drug makers manufacturing reasonable medicines is responsible to drive the growth of the market. These formulations are produced in the market after passing through strict regulatory guidelines for patient safety. These factors are expected to increase biotechnology and biopharmaceutical industries to achieve practical tests which are likely to drive the growth of the market.

In 2018, the diagnostics accounted for the largest market share in the global immunohistochemistry market by the application segment. The advantages of immunohistochemistry have extended the use of technology to diagnose various chronic diseases. The application of the molecular diagnostics has enabled to the treated patient as per their genetic make-up also the diagnosis through immunohistochemistry has increased the use in the precision medicine. Even the cost-effective nature of the immunochemistry is driving significant growth across the globe.

The global immunohistochemistry market is segmented by product, application, and end-user. On the basis of product, the market is segmented into antibodies, equipment, reagents, and kits. On the basis of application, the market is segmented into diagnostics and drug testing. Based on end user, the market is segmented into hospitals and diagnostic laboratories, research institutes, and others.

Some of the important primary and secondary sources included in the report are, Food and Drug Administration, World Health Organization (WHO), Federation of AIDS Organisations (AFAO), Cancer Association of South Africa (CANSA), National Institute of Cancer Prevention and Research (NICPR), National Cancer Institute, Canadian Institutes of Health Research (CIHR), Industrial Biotechnology Leadership Forum (IBlF), and others.

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Table of Content:
1 Introduction
1.1 Scope of Study

2 Key Takeaways

3 Immunohistochemistry Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis

4 Immunohistochemistry Market - Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis

5 Immunohistochemistry Market Analysis- Global
5.1 Global Immunohistochemistry Market Overview
5.2 Global Immunohistochemistry Market Forecasts and Analysis
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions Immunohistochemistry Market

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This release was published on openPR.