IHC and IHS Slide Staining Systems Market: Rise in Adoption of Automation in the Diagnostic Sector to Drive the Market
Global IHC and IHS Slide Staining Systems Market: Snapshot
The global Immunohistochemistry (IHC) and In situ hybridization (IHS) slide staining systems market is expected to gain impetus from the advancement of the healthcare sector and introduction of karyotyping and others in the disease diagnostics department. These devices have the ability to perform automated staining with high speed, better efficiency and enhanced quality, thereby increasing the productivity of the respective tests.
The global IHC and IHS slide staining systems market is categorized on the basis of type, application, and region. In terms of type, the market is classified into systems, accessories, reagents, and consumables. Based on application, the market for immunohistochemistry and in situ hybridization slide staining systems is grouped into drug manufacturing, pathology research, disease detection.
The report is based on a thorough analysis of the global IHC and IHS market and the key factors aiding to its expansion during 2020 to 2030. It also offers insights into the market such as recent development, innovation, and product development. A 360-degree overview of TMRs (Trends, Manufacturers, and Regions) etched with the global IHC and IHS slide staining systems market is provided in the report.
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This report also mentions the key changes that have occurred due to the current COVID-19 pandemic and the probable opportunities or threats that this market may witness during the forecast period, 2020-2030.
Global IHC and IHS Slide Staining Systems Market: Competitive Analysis
The market for IHC and IHS slide staining systems is highly competitive. Various manufacturers are engaging in development of latest automation staining devices with improved speed, efficiency, and overall quality. Some of the players functioning in the global immunohistochemistry and In situ hybridization slide staining systems market include Biocare Medical, Dako A/S, F. Hoffmann-La Roche Ltd., BioGenex Laboratories, Leica Biosystems Nussloch GmbH, Celerus Diagnostics, and others.
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Some of them are engaging in collaborative efforts, mergers and acquisitions, and product innovation and development. The other players are investing heavily on research and development and quality improvement to gain a competitive edge in the competition.
Global IHC and IHS Slide Staining Systems Market: Key Trends
The increasing expenditure on the healthcare sector is the key factor boosting the global market for IHC and IHS. The rise in the number of cancer cases worldwide is also aiding to the expansion of the market in the forecast period. Additionally, the rise in investments on pathophysiology research and the rise in adoption of automation in the diagnostic sector will help this region gain momentum in the coming years. On the contrary, the entry of several players in this market and the rise in price of ISH and IHC slide staining systems may pose a major challenge to the growth of the market.
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Global IHC and IHS Slide Staining Systems Market: Regional Analysis
Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each of these regions is further classified on the basis of the countries aligned in the respective regions.
Among all these, the market is dominated by North America on account of the high adoption rate and increasing expenditure on healthcare and medical facilities. In addition to this, government support in terms of reimbursement policies and medical insurance will also aid in expansion of the market in North America in the years to follow.
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On the other side, the market in Asia Pacific is expected to witness a significant growth rate on account of the increasing investments in healthcare infrastructure and development and the advent of latest technology in the diagnostics section.
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