LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global immunohistochemistry market and the market is poised to grow by USD 773.52 million during 2019-2023 at a CAGR of close to 8% during the forecast period. Request Free Sample Pages
Read the 115-page research report with TOC on "Immunohistochemistry Market Analysis Report by End-Users (Hospitals, Diagnostic laboratories, and Academic institutes & research organizations), by Geography (Asia, Europe, North America, and ROW), and Segment Forecasts, 2019 - 2023."
The market is driven by the high prevalence of cancer. In addition, the growing preference for value-added software services is anticipated to further boost the growth of the immunohistochemistry market.
The rising incidence of cancers such as cervical and breast cancer is increasing the need for radiation, hormonal therapy such as Evista, Aromasin, Fareston, and Arimidex, and chemotherapy. Immunohistochemistry (IHC) is used to diagnose the types of cancer cells by indicating unhealthy cell growth and division through the measurement of HER2 receptor protein present on the surface of the cancer cells. It is also widely used in predicting therapeutic responses for prostate and breast cancer cells. Thus, the high prevalence of cancer leading to the demand for IHC is expected to drive market growth during the forecast period.
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Major Five Immunohistochemistry Market Companies:
Danaher is headquartered in the US and operates the business under various segments such as Life sciences, Diagnostics, and Dental. The company offers B10247 as a monoclonal antibody.
F. Hoffmann-La Roche Ltd
F. Hoffmann-La Roche Ltd is headquartered in Switzerland and offers products through the business unit, Pharmaceutical. The company offers iVIEW DAB Detection Kit.
Merck KGaA is headquartered in Germany and operates under various business segments, namely Healthcare, Life Science, and Performance Materials. The company offers SNAP i.d. 2.0 System for Immunohistochemistry as a protein detection system.
PerkinElmer Inc. is headquartered in the US and offers products through the following business segments: Discovery & Analytical Solutions and Diagnostics. The company offers Opal 7-Color Automation IHC Kit as an IHC kit.
Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc. is headquartered in the US and offers products through the following business segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. The company offers FITC Protein Blocking Agent (PBA) for in vitro diagnostic use.
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Immunohistochemistry End-Users Outlook (Revenue, USD Million, 2019 - 2023)
- Diagnostic laboratories
- Academic institutes & research organizations
Immunohistochemistry Regional Outlook (Revenue, USD Million, 2019 - 2023)
- North America
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