From GlobeNewswire: 2024-06-18 14:00:00

The Global Immunohistochemistry Market is expected to grow to USD 4.84 billion by 2033, with a CAGR of 6.41%. IHC is a lab technique that uses antibodies to detect antigens in tissue samples. Factors driving market growth include rising chronic diseases, technological advancements, and increased healthcare expenditure. However, challenges include high costs and competition from other diagnostic technologies.

The global immunohistochemistry market is divided into products like antibodies, reagents, equipment, and kits. Antibodies, with their high specificity, are expected to dominate the market. In terms of application, diagnostics hold the largest market share due to the need for precise diagnostic methods. Diagnostics laboratories are predicted to lead the market among end-users, offering efficient and expert-driven testing capabilities.

North America is expected to hold the largest market share in the global immunohistochemistry market, driven by premier life sciences firms and research institutes. Asia Pacific is projected to record the fastest growth, fueled by factors like rising chronic disease prevalence and technological advancements. Key players in the market include F. Hoffmann-LA-Roche AG, Merck KGAA, Bio-Techne Corporation, and others.

Recent developments in the immunohistochemistry market include the introduction of novel reagent solutions and partnerships to develop diagnostic tools. The market forecast includes segmentation based on product, application, end-user, and region. Regions covered in the study include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Other related reports include studies on mineral supplements, nasal sprays, insulin glargine, and bipolar disorder.

Spherical Insights & Consulting is a market research and consulting firm offering in-depth analysis of key organizations/companies in the global market, including product offerings, business overviews, and competitive evaluation. With a focus on current news and developments, the firm provides insights into market trends and strategies.



Read more at GlobeNewswire: Global Immunohistochemistry Market Size To Worth USD 4.84