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

 Comprehensive Analysis of Immunohistochemistry Market Trends and Forecast

Meticulous Research®, a prominent global market research firm, has released an in-depth 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."

According to Meticulous Research®, the global immunohistochemistry market is poised to achieve a valuation of $4.08 billion by 2031, growing at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. This growth trajectory is driven by several factors, including the rising incidence of chronic diseases and an expanding elderly population, an increased focus on rare diseases, heightened awareness regarding early disease detection, augmented research and development investments, a surge in drug discovery and development efforts, growing prevalence of infectious diseases, and escalating healthcare expenditures.

Additional growth opportunities are expected from the shift towards personalized medicine, advancements in genomics and proteomics, and the increasing automation of immunohistochemistry processes. However, challenges such as stringent technical requirements, complex regulatory procedures, and the availability of alternative technologies could impede market expansion.

Key Market Players

Prominent companies in the global 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.).

Market Segmentation and Insights

The immunohistochemistry market is segmented based on Offering (Consumables [Reagents {Fixation Reagents, Antigen Retrieval, Buffers, Blocking Reagents, Antibodies, Control Reagents, Chromogenic Substrates, and Counterstain}, and Other Accessories], Equipment [Staining Systems, Imaging Systems, Slide Scanners, and Tissue Microarrays], and Services & Software), Method (Avidin-Biotin Complex, Polymer-Based Immunohistochemistry, Catalyzed Signal Amplification [CSA], Fluorescyl-tyramide Amplification, Improved Catalyzed Signal Amplification [iCSA], Multi-Staining Immunohistochemistry, Labeled Streptavidin Biotin [LSAB], and PAP Method), Process (Sample Preparation, Antigen Retrieval, Background Blocking, Target Detection, and Sample Visualization), Application (Research Applications [Drug Discovery, Agriculture & Animal Research, and Other Applications], and Clinical Applications [Reproductive Health, Oncology, Infectious Disease, and Other Clinical Applications]), End User (Pharmaceutical & Biotechnology Companies, Hospitals & Diagnostic Laboratories, Academic Institutes & Research Centers, and Other End Users), and Geography. The report evaluates the market at both global and regional levels and profiles key industry competitors.

In 2024, the consumables segment is anticipated to dominate the market, driven by advancements in IHC consumables, the benefits of IHC kits and reagents such as reduced time between sample analysis and results, improved access to advanced IHC solutions, and frequent use of consumables.

Among the methods studied, the avidin-biotin complex method is projected to hold the largest market share in 2024 due to its high affinity for biotin, resistance to enzymatic reactions, and pH stability.

In terms of applications, clinical applications are expected to capture the largest market share in 2024, with sub-segments including reproductive health, oncology, and infectious disease. This dominance is attributed to the rising prevalence of chronic diseases, growing awareness of early disease diagnosis, and increased affordability of advanced IHC solutions in hospitals and diagnostic laboratories.

The hospitals and diagnostic laboratories segment is forecasted to be the largest end-user segment in 2024, supported by the expansion of healthcare facilities, the availability of well-equipped systems, and a skilled workforce.

Geographic Outlook

The report provides a detailed geographic analysis, covering 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.

Among these regions, Asia-Pacific is expected to experience the highest CAGR during the forecast period, driven by rapid urbanization, the growing burden of infectious diseases, and increased investments to improve healthcare infrastructure.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=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?
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Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

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