The Insight Partners published latest research report on “Immunohistochemistry Market Revenue Report, Size, Share, Growth, Trends & Forecast to 2028 - COVID-19 Impact and Global Analysis By Application; Product; End User and Geography.”,
The Insight Partners published latest research report on "Immunohistochemistry Market Revenue Report, Size, Share, Growth, Trends & Forecast to 2028 - COVID-19 Impact and Global Analysis By Application; Product; End User and Geography.”, the global market is projected to reach USD 3.58 billion by 2028 from USD 2.17 billion in 2021; it is estimated to register a CAGR of 7.4% from 2021 to 2028.
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In recent years, the biotechnology industry is developing at an extraordinarily rapid speed. Manufacturers are confronting to the various healthcare difficulties through the latest medicines, progressing digitalization, therapy forms, and continuously changing the management. As per the statistics from the World Health Organization (WHO), the population around the globe is rising by 1.2% per annum, leading to growth in population in the elderly class. The WHO also reveals that the balance of people aged 65 to 80 will increase to 28% in 2030, as compared to 22% in 2000. Moreover, according to a survey report published by Torreya Economical Model 2017, the pharmaceutical industry is 30% larger than its previous estimations till 2017 and contributes to one of the top five industries increasing global economic value. Thus, the high research investment by investors, biopharmaceutical, and biotechnology industries are expected to propel the growth of immunohistochemistry market over the forecast years
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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Global Immunohistochemistry Market Share Report, Segmentations, Regional & Country Scope:
Report Coverage |
Details |
Market Size Value in |
USD 2.17 Billion in 2021 |
Market Size Value by |
USD 3.58 Billion by 2028 |
Growth rate |
CAGR of 7.4% from 2021-2028 |
Forecast Period |
2021-2028 |
Base Year |
2021 |
No. of Pages |
259 |
No. of Tables |
191 |
No. of Charts & Figures |
93 |
Historical data available |
Yes |
Segments covered |
Application, Product, End User and Geography |
Regional scope |
North America; Europe; Asia Pacific; Latin America; MEA |
Country scope |
US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Companies Covered |
F. Hoffmann-LA Roche AG, Merck KGaA, PerkinElmer, Inc., Thermo Fisher Scientific, Inc., Abcam Plc, Agilent Technologies, Bio SB, Bio-Rad Laboratories, Cell Signaling Technology, Inc., Danaher Corporation |
Key Research Capabilities |
Global Market Assessment, Business Development Strategies, Competitive Landscape, Opportunity Analysis, Regional and Country Level Market Analysis, Market Entry Strategies, Market Dynamics, Risk and Return Assessments, Pricing Analysis, Market Size and Forecasting, Company Profiling, Value Chain Analysis, Expansion Strategies, SWOT Analysis, New Product Development |
Browse key market insights spread across 259 pages with 191 list of tables & 93 list of figures from the report, "Immunohistochemistry Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Diagnostics, and Drug Testing); Product (Antibodies, Equipment, Reagents, and Kits); End User (Hospitals and Diagnostic Laboratories, Research Institutes, and Others), and Geography)" in detail along with the table of contents: https://www.theinsightpartners.com/reports/immunohistochemistry-market
The major players operating in the Immunohistochemistry market include Danaher, Merck KGaA, Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Abcam Plc, Agilent Technologies, Bio SB, Bio-Rad Laboratories, Inc., Cell Signalling Technology, Inc., and F. Hoffmann-La Roche Ltd. among others. The market has witnessed various organic as well as inorganic developments during recent years in the Immunohistochemistry market. For instance, in April 2019, Merck launched Cyrene, a sustainable dipolar aprotic solvent, produced in two steps from a renewable cellulose source.
Global Immunohistochemistry market, based on diagnostics, was segmented as, Cancer, Autoimmune Diseases, Nephrological Diseases, Infectious Diseases. In 2018, the Cancer segment held the largest market share of the Immunohistochemistry market by diagnostics. This segment is expected to dominate the market in 2027, owing to rising cancer incidences across the world. This market segment is expected to grow at a significant rate in the forecast period 2019 to 2027.
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