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Immunohistochemistry (IHC) Market: Size, Share, Forecast, and Trends

08-30-2024 11:19 AM CET | Health & Medicine

Press release from: Meticulous Research®

Meticulous Research®, a leading global market research firm, has released a comprehensive new report titled "Immunohistochemistry (IHC) Market Size, Share, Forecast, & Trends Analysis by Offering (Reagents [Fixation, Buffer, Blocking, Antibodies], Kits, Equipment [Staining, Imaging]), Method (ABC, CSA, PAP), Process, Application, End User-Global Forecast to 2031."

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5967

This detailed analysis highlights that the global immunohistochemistry market is on track to reach an estimated $4.08 billion by 2031, driven by a robust compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. The market's expansion is largely propelled by several key factors, including the rising prevalence of chronic diseases, an increasing aging population, heightened focus on rare diseases, and growing awareness of early disease diagnosis. Additionally, the surge in research and development spending, increased demand for drug discovery and development, and a rise in healthcare expenditures are contributing to the market's upward trajectory.

Emerging opportunities within the market are supported by the growing inclination towards personalized medicine, advancements in genomics and proteomics, and the increasing automation of immunohistochemistry processes. However, challenges such as stringent technical requirements, complex regulatory processes, and the availability of alternative technologies are notable constraints affecting market growth.

Key Industry Players

Leading organizations shaping the immunohistochemistry market include F. Hoffmann-La Roche Ltd (Switzerland), Danaher Corporation (U.S.), Agilent Technologies, Inc. (U.S.), Merck KGaA (Germany), Bio-Rad Laboratories, Inc. (U.S.), Eagle Biosciences, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Cell Signaling Technology, Inc. (U.S.), PerkinElmer, Inc. (U.S.), Bio SB Inc. (U.S.), Biocare Medical, LLC. (U.S.), Bio-Genex Laboratories (U.S.), CANDOR Bioscience GmbH (Germany), and Innovex Biosciences Inc. (U.S.).

Buy Now@ https://www.meticulousresearch.com/Checkout/45869159

Market Segmentation and Insights

The report segments the immunohistochemistry market based on offerings, methods, processes, applications, end users, and geography. Notably, in 2024, the consumables segment-encompassing reagents, kits, and other accessories-is anticipated to dominate the market. This segment's substantial market share is attributed to advancements in IHC consumables, including the reduced time from sample analysis to results, improved access to advanced IHC solutions, and the recurring use of consumables.
Among the various methods analyzed, the avidin-biotin complex method is expected to lead the market in 2024. Its dominance is due to its high affinity for biotin, resistance to enzymatic reactions, and stability under pH changes, making it a preferred choice in IHC applications.

In terms of applications, clinical applications are projected to capture the largest market share in 2024. This segment includes reproductive health, oncology, and infectious diseases, driven by the increasing prevalence of chronic diseases, rising awareness of early diagnosis, and growing affordability for advanced IHC solutions within hospitals and diagnostic laboratories.

Hospitals and diagnostic laboratories are forecasted to be the largest end-user segment in 2024. Factors contributing to this trend include the expansion of public and private hospitals, increasing numbers of healthcare facilities in emerging markets, availability of advanced systems, and the presence of skilled professionals.

Regional Outlook

Geographically, the report provides an in-depth analysis of key regions including North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and the Middle East & Africa.

The Asia-Pacific region is anticipated to exhibit the highest CAGR during the forecast period. This growth is driven by rapid urbanization, the need to manage the rising burden of infectious diseases, accelerated economic development, increased investment in healthcare infrastructure, and improved healthcare accessibility.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/immunohistochemistry-market-5967

Key questions answered in the report:
• Which are the high-growth market segments in terms of offerings, method, application, end user, and region/country?
• What was the historical market size for immunohistochemistry globally?
• What are the market forecasts and estimates for the period 2024-2031?
• What are the major drivers, restraints, challenges, opportunities, and trends in the immunohistochemistry market?
• Who are the major players in the global immunohistochemistry market?
• What is the competitive landscape like, and who are the market leaders in the global immunohistochemistry market?
• What are the recent developments in the global immunohistochemistry market?
• What are the different strategies adopted by the major players in the global immunohistochemistry market?
• What are the geographical trends and high-growth regions/countries?

Related Reports:
Liquid Handling Systems Market: https://www.meticulousresearch.com/product/liquid-handling-systems-market-5397
Microfluidic Immunoassay Market: https://www.meticulousresearch.com/product/microfluidic-immunoassay-market-5034

Article Links:
Cryotherapy Market: https://www.linkedin.com/pulse/cryotherapy-market-size-share-forecasts-trends-analysis-aadhan-76wbc/
Ventilators Market: https://www.linkedin.com/pulse/ventilators-market-insights-size-share-forecasts-trends-ll8pf/

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email-
sales@meticulousresearch.com
Visit Our Website:
https://www.meticulousresearch.com/
Connect with us on LinkedIn-
https://www.linkedin.com/company/meticulous-research

About the company:
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

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