Immunohistochemistry (IHC) Market by Product (Antibodies, Reagents, Equipment, Kits), Application (Diagnostics (Cancer, Infectious, Autoimmune Diseases), Research, Forensic), End user (Hospitals, Diangostic labs, Academia), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Immunohistochemistry (IHC) Market Overview
The global immunohistochemistry market is projected to reach USD 3.3 billion by 2026 from USD 2.3 billion in 2021, at a CAGR of 7.7% during the forecast period of 2021 to 2028.
A laboratory method that uses antibodies to check for certain antigens (markers) in a sample of tissue. The antibodies are usually linked to an enzyme or a fluorescent dye. IHC has become a crucial technique and is widely applied in the diagnosis of several chronic diseases such as cancer, infectious diseases, and cardiovascular diseases (CVDs).
The rising geriatric population and subsequent growth in prevalence of chronic and infectious diseases, technological advancements in IHC, and availability of reimbursements for IHC tests are some of the factors that have supported long-term expansion for Immunohistochemistry (IHC) Market.
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Coronavirus disease 2019 (COVID‐19) is an acute respiratory infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS‐CoV‐2). Within a few weeks of research, companies started coming up with drugs and treatments to treat the infection. There has been a tremendous amount of effort put into developing new treatments and vaccines to cure the infection.
Immunohistochemistry (IHC) Market Regional Analysis
North America was the largest regional market for immunohistochemistry market in 2020. APAC is expected to register the fastest growth rate during the forecast period owing to several factors, including increasing disposable income, rising healthcare spending, growing demand for quality medical care, and increasing investments by pharmaceutical and biopharmaceutical companies.
Immunohistochemistry (IHC) Market Competitive Landscape
Key Players
• F. Hoffman-La Roche AG
• Danaher Corporation
• Agilent Technologies, Inc.
• Merck KGaA
• Bio-Rad Laboratories, Inc.
• Bio-Techne Corporation
• Abcam plc
• Becton, Dickinson and Company
• PerkinElmer, Inc.
• Takara Bio, Inc.
• Thermo Fisher Scientific, Inc.
• PHC Holdings Corporation
• Cell Signaling Technology, Inc.
• Bio SB, Inc.
• Miltenyi Biotec
• CANDOR Bioscience GmbH
• Sakura Finetek Japan Co., Ltd.
• Eagle Biosciences, Inc.
• Biocare Medical, LLC
• Elabscience, Inc.
• Biogenex Laboratories
• Diagnostic Biosystems, Inc.
• BioVision Inc.
• Rockland Immunochemicals, Inc.
• Genemed Biotechnologies, Inc.
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Immunohistochemistry (IHC) Market Recent Developments
• In August 2021, Roche received FDA approval for VENTANA MMR RxDx companion diagnostic test based on immunohistochemistry for solid tumors that are deficient in the MMR pathway. The test identifies patients eligible for GSK’s anti-PD1 immunotherapy, JEMPERLI.
• In August 2021, Agilent received a CE-IVD mark in Europe for its PD-L1 IHC 22C3 pharmDx assay for the identification of oesophageal cancer patients for treatment with KEYTRUDA.
Reasons to Acquire in the Immunohistochemistry (IHC) Market
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Immunohistochemistry (IHC) Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Frequently Asked Questions
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